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Mumbai's redevelopment projects are now outselling new launches, becoming the city's dominant housing supply engine due to land scarcity. A JLL-NAREDCO study shows redevelopment sales now account for 15% of total housing sales, driven by the urgent need to replace aging structures and massive slum redevelopment initiatives across the city.
Maharashtra CM Fadnavis outlines a cluster development roadmap to make Mumbai slum-free within a decade, targeting areas like Dharavi, MHADA colonies, and BEST depots. This ambitious plan, supported by real estate bodies and strong economic growth, aims to transform the city's urban landscape and drive further economic development.
India's data center capacity is projected to reach 6 GW by 2029, driven by $110 billion in investment, primarily for AI and hyperscale deployments. This growth is fueled by a significant tax holiday, shifting ownership models, and expansion into new cities, while power supply remains a critical challenge.
RERA doesn't prevent construction delays but ensures accountability and provides homebuyers with significant recourse. It guarantees compensation through refunds with interest or monthly penalty payments, vastly improving buyer protection compared to pre-2016 regulations.
Green SM inks a ₹15.5 crore, 5-year Greater Noida parking deal for over 1000 EVs. This Vingroup venture signals a major push into India, leveraging growing EV infrastructure.
Mumbai's SCLR Extension to BKC officially opened, offering a 10.30 km signal-free corridor. This significantly reduces commute times by up to 35 minutes, revolutionizing east-west connectivity and boosting real estate.
Mumbai's property market experienced its best August in over a decade, with 12,503 registrations in 2026, an 11% increase year-on-year. This growth, supported by Knight Frank India data, highlights resilient housing demand and significant revenue for the state, despite slight monthly fluctuations.
Brigade Enterprises enters Coimbatore with its first residential project, a ₹600 crore development in Saravanampatti. This 5.4-acre project, structured as a Joint Development Agreement, marks Brigade's expansion into a new South Indian market, signaling confidence in Coimbatore's growing real estate sector and the company's aggressive regional strategy.