In the next two years, House of Hiranandani, led by Surendra Hiranandani, would invest approximately ₹12,500 crore to increase its development footprint by 10 million square feet in the Mumbai Metropolitan Region (MMR). This strategic expansion will include acquisitions and greenfield ventures.

October 2024 saw record property registrations in Mumbai owing to a good purchasing season. Mumbai's property registration revenue is estimated at ₹1,081 crore as of October 29, 2024, as reported by Maharashtra's IGR. An increase of 52% from the ₹712 crore recorded on Diwali in November 2023.

Embassy Office Parks REIT, India's first listed REIT and Asia's biggest office REIT by area, increased its fiscal 2025 leasing objective to 6.5 million square feet from 5.6 million. This adjustment shows that corporate occupiers, notably GCCs, continue to seek premium office locations.

India's biggest and most costly real estate market, Mumbai, started the 2024 festival season with strong Navratri property registrations. Between October 3 and 11, the city registered 5,199 properties, a 13.2% increase over Navratri 2023.

The Maharashtra Housing and Area Development Authority (MHADA) would increase application opportunities. In March and June 2025, the Mumbai Board will hold a lottery for 3,000 residences. Patrawala Chawl in Goregaon may provide 2,500 of these dwellings.

In the September quarter, institutional inflows into India's real estate market showed high confidence from local and foreign investors. Colliers reported a 6.8-fold increase in office investments to $600 million in Q3 2024.

Mumbai, India's biggest and most expensive real estate market, is breaking records in 2024. In the first nine months, property registrations increased by 12%, surpassing 105,000 deals, while stamp duty revenues increased by 6%, reaching over ₹8,892 crore.

The Maharashtra government is preparing to modify stamp duty laws, affecting real estate and business. This document details the proposed modifications and their predicted effects.

In 2024, Mumbai sold 21 of 25 ultra-luxury properties in India's top 25 cities. HNIs and ultra-HNIs drove demand for mansions exceeding Rs 40 crore, worth Rs 2,443 crore. Mumbai, Hyderabad, Gurugram, and Bengaluru became luxury property hotspots as transactions increased.

Over 350 million square feet of developed commercial office space will propel India's SM REITs market to $60 billion by 2026. This regulation increases openness, investor protection, and engagement. Union Budget tax revisions and SEBI framework boost real estate securitisation.

The government wants to develop 2 lakh homes in Mumbai and Pune within three years, transforming the housing markets. This ambitious plan seeks to eliminate Mumbai slums, increase MHADA lottery possibilities, and revive SRA projects.

Real estate consultant Anarock reports that residential property prices in India's top seven cities have risen 45% in five years. Due to increased demand and fresh supplies, some micro marketplaces have seen price spikes of up to 90%.

The closing of the Sion Road Over Bridge (ROB) has disrupted downtown Mumbai's east-west connection. As traffic congestion increases, emphasis is turning to the monorail, which might fill the ROB's hole. New rake and signalling system bring hope to the monorail.

Thane Ring Metro approval would transform urban transit in Mumbai's most active district. As an essential infrastructure project, it will reduce traffic, increase connectivity, and promote sustainable growth. Ghar presents 5 ways the Thane Ring Metro might change Thane urban mobility by 2029.

Rajasthan would implement extensive land reforms to increase greenfield manufacturing land available. Rajasthan's Principal Secretary (Industries) Ajitabh Sharma reported ₹5.2 lakh crore in investment proposals for renewable energy equipment and petrochemical production.