Sanghvi Realty has announced two new residential projects-Sanghvi Tirth in Andheri and Sanghvi Morya in Shivaji Park-with a combined Gross Development Value of INR 220 crore. Both sites have been demolished and are awaiting Commencement Certificates before construction begins. The firm said the locations were selected for their strong connectivity and steady end-user demand. The launches follow other recent developments such as Sanghvi Palazzo, Sanghvi Aria and Sanghvi Optima, reflecting the company's delivery-focused approach. Directors Pakshal and Shankesh Sanghvi noted that the projects reinforce the firm's commitment to Mumbai's core housing markets. Construction will commence once regulatory approvals are secured.Read more

Sanjali Bajaj has acquired a sea-view apartment in Worli for INR 66.41 crore. The 5,510 sq ft apartment includes a 430 sq ft balcony and additional podium-level parking/ancillary space of over 1,370 sq ft. The stamp duty for the mid-November transaction was INR 3.32 crore, with a price of roughly INR 1.20 lakh per sq ft. This follows earlier Bajaj family purchases in Mahalaxmi worth INR 104 crore. The acquisition indicates that demand for ultra-luxury, sea-view homes among India's wealthy remains strong and continues to define Mumbai's premium real estate market.Read more

Ashoka Buildcon has secured an additional INR 447.21 crore work under its ongoing BMC flyover project on the Sion-Panvel Highway. The extension covers construction of Flyover Arms 1 and 2 at the T-junction near Maharashtra Nagar in Mumbai's M/E Ward, increasing the total project value to INR 1,573.79 crore. The timeline for the entire project has now been extended to 13 January 2028. The order, awarded on a percentage-rate basis, remains a domestic contract and does not fall under related-party transactions. The company had originally won the project as the lowest bidder.Read more

Mumbai Metro has deployed an AI-based wheel profile measurement system developed by IntelliRail on Metro lines 2A and 7 to detect wheel wear or damage. Installed at the Charkop depot, the system uses sensors, lasers, and cameras to capture precise measurements, reducing the need for manual inspections. It can alert maintenance teams automatically if wheels exceed preset limits, enabling proactive repairs. This step aligns with broader modernization efforts by MMMOCL and the shift toward condition-based maintenance, aiming to extend wheel life, reduce track stress, and improve metro safety.Read more

The Supreme Court has raised concerns over a surge in real estate disputes in Delhi-NCR and Mumbai, pointing out that thousands of homebuyers are affected by delayed possession and unresolved redevelopment cases. Major developers such as Unitech, Amrapali, Jaypee, and Supertech are among those involved in litigation. The court noted that while states like Gujarat face fewer disputes, the situation in these two regions is significant, directly affecting developers' reputations. It urged builders to address the causes of these conflicts and improve project delivery and transparency.Read more

Mumbai Metro Lines 2A and 7 experienced a technical glitch, resulting in service delays and passenger inconvenience across western suburbs. Some trains were stalled at stations, while others ran at slower speeds, impacting peak-hour travel. The operator, MMMOCL, confirmed the technical issue and worked to restore services quickly. Normally, these lines operate hundreds of services daily with short intervals during peak hours. The disruption highlighted the importance of consistent maintenance and monitoring to ensure smooth metro operations and reduce commuter stress.Read more

Sonu Nigam has leased a 4,257 sq ft commercial unit in Trade Centre BKC, Santacruz East, under a five-year agreement that begins with a monthly rent of INR 19 lakh. The contract includes annual escalations-5.26% in the second year and 5% thereafter-taking the rent to INR 23.15 lakh in the final year. Total rental income over the term is estimated at INR 12.62 crore. The deal, registered in December 2025, involved stamp duty of INR 3.27 lakh and a security deposit of INR 90 lakh. Located in a well-connected business hub, the property reflects a broader trend of celebrities leasing premium commercial assets for steady income growth.Read more

Mumbai will open the first sections of two major metro lines on December 31. The debut stretches include part of Metro Line 9 between Dahisar East and Kashigaon, and a 5.3 km segment of Metro Line 2B from Diamond Garden to Mandale. Line 9, a 13.58 km elevated extension of Line 7, is awaiting safety clearance, while Line 2B is undergoing trial runs. Both sections are expected to be inaugurated by Prime Minister Narendra Modi. MMRDA plans to open the next phase of Line 2B by next summer, leaving only the central portion pending. The launches are expected to ease congestion and strengthen suburban connectivity within Mumbai's expanding metro network.Read more

BMC has decided to rehabilitate residents of MHADA cessed buildings and BMC-owned structures in E-ward to remove barriers to completing Hancock Bridge reconstruction. The bridge, demolished in 2016 and partially reopened in 2022, has faced delays due to pending rehabilitation, legal, and technical issues. With new directives to prioritize residential and commercial relocation and prepare tenders for remaining work, BMC is set to restart construction soon. This effort aims to restore full connectivity, ease congestion, and enhance commuter safety, marking progress in one of Mumbai's long-delayed infrastructure projects.Read more

Mumbai-based Ranbir Real Estate Developers LLP and its directors Jaykumar Gupta and Suyash Gupta are under investigation for allegedly cheating 19 investors of around INR 31?crore. Investors, including family members of a 71-year-old complainant, were promised 18?per cent annual returns on a Jogeshwari East redevelopment project between 2021 and 2023. While initial interest payments were made, the firm stopped payouts after September 2024, and the principal was not returned. The case is now with the Economic Offences Wing of Mumbai Police under criminal sections including cheating and breach of trust.Read more

The Sion-Dharavi region, historically recognised for its dense population and bustling informal industries, is now advancing through one of Mumbai's most ambitious urban renewal efforts. With the Dharavi Redevelopment Project progressing in phases and Sion's connectivity strengthened via major road corridors and upcoming metro links, the locality is evolving into a high-value growth zone. Market expectations suggest a rise in residential and commercial absorption driven by rehabilitated families, new homebuyers, retailers, and SMEs. Urban experts, however, have indicated that the long-term success of the redevelopment will depend on sensitive execution that safeguards livelihoods while enabling large-scale modernisation.Read more

Alliance City Developers marked a major growth phase last week with multiple project completions and new launches in Vile Parle (East). The developer secured an Occupancy Certificate for Alliance Legacy in Matunga (East) and Completion Certificates for Alliance Eternis in Borivali (West) and Alliance Vista in Vile Parle (East). Alliance Abhimanyu is also nearing possession. Building on this momentum, the company launched two new residential projects-22 Alliance House and Alliance Tanvi-offering premium 2BHK to 4BHK homes. Alliance Tanvi features ready units, modern amenities and strong connectivity. CEO Ankita Luharuka said these milestones reflect the firm's steady, trust-focused approach and long-term commitment to quality housing in Mumbai.Read more

Mr Aditya N Shah, Director, Mayfair Housing

Mumbai's ongoing infrastructure overhaul has significantly altered suburban growth patterns, with metro corridors and coastal road projects reshaping daily mobility and influencing real estate activity across the city. Over the past two years, the rapid expansion of the metro network-most notably Lines 2A, 7, and the recently added Aqua underground corridor-has sharply reduced commuting time between the western suburbs and South Mumbai. Improved accessibility has attracted professionals and families to suburbs such as Andheri, Goregaon, Chembur, and the Bandra-Khar-Santacruz belt, fuelling demand, capital appreciation, and enhanced lifestyle choices in emerging transit-oriented districts.Read more

The MMRDA plans to start the tender process for Mumbai Metro Line 10 by December 15. The 9.718 km elevated corridor, costing INR 8,000 crore, will connect Gaimukh in Thane to Shivaji Chowk in Mira-Bhayandar and feature five stations. Crossing forest and hilly areas, the project requires multiple environmental and engineering clearances. It will integrate with existing metro lines and include a depot at Mogharpada. Expected to be completed by 2030, Metro Line 10 is designed to reduce congestion and improve commuter connectivity along key routes.Read more

Subhra Sen, mother of actor Sushmita Sen, has purchased two apartments in Elysian by Oberoi Realty in Goregaon East for a combined value of INR 16.89 crore. Both units measure 163.59 sq metres (around 1,760 sq ft) and include one parking space each. For the first unit, she paid a stamp duty of INR 42.02 lakh and a registration fee of INR 30,000, while the second unit involved a stamp duty of INR 42.49 lakh and registration charges of INR 30,000. The purchases add to the steady demand seen in this project.Read more

Construction of Mumbai's Orange Gate-Marine Drive twin tunnel has commenced, targeting completion by June 2028, six months ahead of schedule. The nearly 10 km corridor, with 7 km underground, will run beneath about 700 buildings, including heritage and residential structures, and two major railway lines. Designed to reduce travel time to 5-7 minutes and provide a direct link to Navi Mumbai Airport, the project features advanced safety systems, a 12.2 metre TBM, and cross-passages every 300 metres. Estimated at INR 8,056 crore, around 15 percent of the work is already complete.Read more

A new study by Anarock and 360 One Wealth shows Worli remains one of India's strongest ultra-luxury housing markets, with 14 apartments priced above INR 40 crore sold between January and August 2025, totalling around INR 2,800 crore. This already exceeds the full-year value of 2024. Worli accounts for nearly 40% of India's ultra-luxury market and has seen over 20 deals above INR 100 crore in the past three years, including two duplexes sold for more than INR 700 crore in 2025. Premium high-rises now command INR 65,000 to over INR 1,00,000 per sq ft, reinforcing Worli's position as Mumbai's most coveted luxury address.Read more