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,...
Mumbai real estate 2025 shows strong wealth-multiplication potential. Explore top micro-markets, trends, and actionable investment tips across MMR for buyers and investors. Introduction: Is Mumbai Still a Real Estate Goldmine? As someone who has tracked Mumbai’s property market for years, I often get asked: “Can real estate in Mumbai still multiply wealth in 2025?” From luxury apartments...
Qatar National Bank BKC lease renewal its prime office space in Mumbai's Bandra Kurla Complex (BKC) for five years at a premium ₹63 lakh monthly rent. Explore the deal's details, BKC's appeal, and India's surging office rental trends. Introduction: A Vote of Confidence in Mumbai's Booming Commercial Scene In a strong indication of Mumbai's continuing attraction as India's financial capital, Qatar...
A Landmark of Luxury: Introducing Atlantis Tower Khar West Mumbai’s skyline is constantly evolving — and among its most striking new additions is Atlantis Tower, an architectural gem rising in Khar (West). With its breathtaking sea views, elegant design, and world-class amenities, Atlantis Tower promises to redefine what it means to live in luxury. Located in one of Mumbai’s most sought-after...
From black money to redevelopment riches developer Harshul Savla speaks candidly about the business, the corruption, and why Mumbai property prices may never fall. Mumbai: The world of Mumbai real estate has long been cloaked in mystery, suspicion, and staggering sums of money. For decades, it has been accused of fueling corruption, hoarding black money, and exploiting homebuyers. Yet for all the...
For most developers, real estate is a business cycle. For Vijay Wadhwa, it’s a lifetime of lessons — six decades spent watching Mumbai rise, crumble, and rise again. The Chairman of the Wadhwa Group, often described as the “Bhishma Pitamah of Mumbai real estate,” began his journey in 1969, when the city’s skyline barely touched the clouds. Over half a century later, he continues to build with...
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by Deepak Sawant