Kotak Mahindra Bank: RLLR: 0.75 | From: 8.7% - To: 10.5%
Union Bank of India: RLLR: 0.5 | From: 8.5% - To: 10%
Bank of Baroda: RLLR: 0.5 | From: 9.25% - To: 11%
HDFC Bank: RLLR: 0.75 | From: 8.5% - To: 8.8%

Location : Mumbai

Sion-Dharavi emerges as Mumbai's next big redevelopment corridor with rising potential

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

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Alliance City marks major milestones with new launches and project completions in Mumbai

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

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Mumbai's metro expansion and coastal road upgrades reshape suburban real estate dynamics

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

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MMRDA to invite Metro Line 10 tenders by Dec 15 for INR 8,000 crore corridor

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

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Sushmita Sen's mother buys two apartments worth INR 16.89 crore in Goregaon East

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

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Orange Gate-Marine Drive tunnel to run under 700 buildings, targeted for June 2028 completion

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

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Worli tops India's ultra-luxury housing market with INR 2,800 crore sales in 2025

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

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Navi Mumbai speeds up anti-pollution drive with deep cleaning and fogger spraying

The Navi Mumbai Municipal Corporation has stepped up its air-pollution control efforts after instructions from Commissioner Dr. Kailas Shinde, launching intensive citywide cleaning to reduce dust levels. Construction sites, quarry areas and cement units are under strict monitoring, while roadside debris is being cleared and roads washed with treated water. Encap fogger vehicles are spraying atomised water along busy routes to help settle airborne particles. Deep-cleaning was carried out across Koparkhairane, Ghansoli, Turbhe, Rabale, Digha, Nerul and Belapur, with dust removed and transported for safe disposal. The drive reflects the administration's push to improve air quality through regular cleaning, mechanised washing and targeted dust-suppression measures.Read more

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JP Codename Matunga Origins

Mumbai City, India

JP Codename Matunga Origins — in Matunga East, Mumbai — offers well-designed 2- and 3 BHK apartments in a compact, RERA-registered development by JP Infra. Set in a central location, it blends everyday convenience with modern amenities, making it a comfortable option for urban living.

View Website | Visit RERA website

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NMMC steps up winter pollution drive as strict dust-control measures improve Navi Mumbai AQI

Navi Mumbai Municipal Corporation (NMMC) has continued its heightened pollution-control measures through the past week as air quality across cities deteriorated during the winter season. Acting under the directions of Municipal Commissioner Dr Kailas Shinde, the corporation has deployed dedicated teams to inspect construction sites, quarries, and RMC plants, ensuring adherence to pollution-control norms. Officials also conducted cleanliness drives at major sites, issued notices to 86 construction projects, and initiated strict dust-control procedures. The use of treated wastewater for road washing and fogging has helped conserve potable water while improving the city's AQI.Read more

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Mahindra Lifespaces to redevelop 1.53-acre Matunga project worth INR 1,010 crore

Mahindra Lifespaces has been selected to redevelop a residential cluster in Matunga (West), Mumbai. The project covers nearly 1.53 acres and carries a gross development value of about INR 1,010 crore. It will replace the old housing structures with upgraded homes, improved infrastructure and modern community amenities. The redevelopment also aligns with the company's plan to scale its Mumbai Metropolitan Region portfolio, as it aims to increase new launches and redevelopment work over the next few years. The project reflects the wider demand for society-redevelopment in Mumbai's older localities.Read more

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HRX Digitech acquires four commercial units in Andheri West for INR 10.90 crore

HRX Digitech LLP, owned by Rakesh and Hrithik Roshan, acquired four commercial units in Yura Business Park Phase 2, Andheri West, Mumbai, for a total of INR 10.90 crore. The units range from approximately 473 sq ft to 852 sq ft and include multiple parking slots. Stamp duty and registration charges were paid for all transactions. Analysts view the move as a strategic investment aligned with sustained demand for premium commercial spaces. Andheri West's connectivity, amenities, and established commercial ecosystem continue to make it a preferred destination for investors.Read more

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Navi Mumbai civic body intensifies action against unauthorised construction in Belapur

Navi Mumbai Municipal Corporation (NMMC) carried out a demolition drive in the Belapur ward earlier this week after the property owner failed to act on an earlier notice issued under MRTP Section 53(1A). Acting on directions from the civic chief and in compliance with an order of the Additional District Court, the encroachment department removed an unauthorised sheet structure at a residential unit in Kukreja Estate, Sector 11. Senior officials, engineers, labourers, police personnel, and support staff were deployed, using technical equipment and manpower to execute the operation.Read more

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Sobha Inizio

Mumbai City, India

Sobha Inizio brings premium 2- and 3-BHK residences in Parel’s Sewri-Parel corridor, designed for modern city living with smart layouts and sea-/sky-views. With top-tier amenities and excellent connectivity to Mumbai’s key hubs, it offers a refined, hassle-free urban lifestyle.

View Website | Visit RERA website

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IndiGo adds new routes and higher frequencies from Navi Mumbai International Airport

IndiGo has expanded its domestic network from Navi Mumbai International Airport by announcing new routes and additional frequencies to strengthen regional connectivity. The airline will start daily flights to Coimbatore and Chennai from 29 December 2025, introduce five-times-weekly flights to Vadodara from 30 December 2025, and increase flights to North Goa to five a week from 26 December 2025. These additions build on IndiGo's earlier launches from the newly opened airport, which is gradually becoming an important secondary aviation hub for the Mumbai region. Bookings for all new flights are now open.Read more

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Mumbai's rising AQI linked to construction dust and growing vehicle emissions

Mumbai has recorded a clear rise in air pollution levels, mainly driven by large-scale construction work and steady growth in vehicular emissions. Experts from IIT-Bombay and the IMD have explained that seasonal weather conditions, including cooler nights and calmer winds, are allowing pollutants to stay close to the surface. While the citywide AQI has remained in the moderate bracket, certain pockets such as the Bandra Kurla Complex experienced severe readings. The municipal body has issued multiple guidelines and stop-work notices to control dust and restrict further deterioration.Read more

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Mumbai Metro-3 introduces discounted monthly passes through its mobile app

Mumbai Metro Rail Corporation (MMRC) has begun offering app-exclusive discounted monthly passes for Metro Line 3, aiming to encourage digital ticketing and reduce dependence on physical tokens. Commuters can now purchase 60-trip passes at a 15 % discount and 45-trip passes at a 10 % discount, with the entire process - from payment to activation - completed within the MetroConnect3 mobile app. The initiative, rolled out earlier this week, builds on MMRC's recent digital-first approach and is expected to extend to National Common Mobility Card (NCMC) users in the near future.Read more

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NCLT rejects Chronos's INR 1,080 crore bid for IL&FS BKC property

The National Company Law Tribunal (NCLT) in Mumbai, earlier this past week, dismissed the INR 1,080 crore bid submitted by Brookfield-backed Chronos Properties for acquiring IL&FS's flagship Bandra Kurla Complex (BKC) property. The tribunal upheld IL&FS's contractual authority to revise the consideration under the court-approved resolution framework, accepting the company's move to increase the valuation to INR 1,481 crore. It also noted that updated valuation reports placed the property's fair-market value at around INR 1,722 crore. The order additionally clarified the status of Chronos's performance guarantee obligations under the bidding conditions.Read more

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Rustomjee Balmoral - WIng D

Mumbai City, India

Rustomjee Balmoral in Chembur offers premium 3-, 4- and 5-BHK homes designed for modern, upscale living. Situated on a spacious, green-filled plot and well-connected to major roads and transport links, it blends luxury, comfort and convenience seamlessly.

View Website | Visit RERA website

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NMMC launches strict dust checks at construction sites amid rising winter smog

Navi Mumbai Municipal Corporation (NMMC) stepped up its scrutiny of construction sites earlier this week after the civic chief directed officials to enforce anti-pollution measures more stringently amid rising winter smog. The town planning department was instructed to personally verify dust-control systems at active project sites and shut down any location failing to comply for a week. Acting on these orders, engineering teams have begun field inspections across construction zones, quarries, RMC plants and coal-based bakeries, ensuring adherence to air and noise pollution norms mandated under the SOP issued last year.Read more

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