Mumbai PMLA court blocks Encore ARC's bid to auction DSK properties auction rejection , protecting thousands of investors in money laundering case. Key details on MPID, PMLA attachments. (148 chars) Court Rejects ARC's Auction Bid Special Judge R B Rote ruled that the mortgaged properties remain attached under both the Prevention of Money Laundering Act (PMLA) by the Enforcement Directorate (ED) and...
by Deepak Sawant 
Japan's Sumitomo Realty & Development, the country's third-largest developer, is making a bold strategic pivot in India by zeroing in on Mumbai for serviced apartments and rental housing. Unlike many international companies that typically spread their investments across various cities, Sumitomo is focusing on Mumbai, where it sees the most potential. This shift is a notable development in how...
Discover Godrej Trilogy Worli, a ultra-luxury seafront residential project in Mumbai offering stunning 3, 4, and 5 BHK apartments with panoramic Arabian Sea views, premium amenities, and prime connectivity. Explore floor plans, location details, photos, and more. In the bustling heart of Mumbai, Godrej Properties has unveiled its latest masterpiece – Godrej Trilogy Worli. Launched in October 2025,...
The Reality of Mumbai Real Estate Market In the world of real estate, the common mantra people often swear by is “location, location, location.” And while location does play an important role, in the Mumbai property market, I have been telling my clients and sellers something slightly different from day one: the mantra here is “compromise, compromise, compromise.” Mumbai’s real estate is...
The Mumbai real estate environment, especially in areas like Bandra, is on the brink of a major change. For the first time, the city is experiencing a record-breaking rise in housing supply amidst what specialists call as "self-extinguishing demand." This phenomenon describes possible purchasers who would usually enhance their homes but are today dissuaded by current building initiatives. Consider, for...
MUMBAI: Even as Mumbai’s real estate prices touch historic highs — with certain Bandra projects quoting ₹1.5–2 lakh per sq ft developers argue that the cost surge is not only inevitable but may escalate further. In a candid conversation with CNBC-TV18, veteran developer Dr. Niranjan Hiranandani, Founder & Chairman of the Hiranandani Group, explained why affordability remains elusive and what...
Mumbai, November 20, 2025 — The Maharashtra government has rolled out a comprehensive and transformative State Housing Policy for 2025 aimed at addressing the acute housing demand in the state’s urban and rural areas. This policy marks an ambitious effort to provide affordable, sustainable, and quality housing for economically weaker sections (EWS), low-income groups, and other vulnerable populations...
Mumbai, June 5, 2025 – The Maharashtra Real Estate Regulatory Authority (MahaRERA) has granted an extension to the Godrej Skyline Developers Limited for their Mamurdi MHADA North housing project. The extension, approved until March 30, 2027, comes after the developer cited multiple delays in project completion primarily due to the unprecedented disruptions caused by the COVID-19 pandemic. The...
Mumbai, November 20, 2025 The Maharashtra government has approved and launched an ambitious Slum Cluster Redevelopment Scheme aimed at comprehensive redevelopment of large slum clusters in the Mumbai metropolitan area. The scheme seeks to address the urgent need for planned and sustainable urban renewal following the economic disruptions caused by the COVID-19 pandemic. The Slum Cluster Redevelopment...
Property Stamp Duty Registration Charges & Agent Commission Across India (2025) Overview When purchasing a property in India, you must account for three major transaction costs: stamp duty (state tax on property transfer), registration fees (legal registration charges), and agent commission (brokerage fees). These combined charges typically range from 4.15% to 12.1% of the property value,...
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