A recent study highlights a gradual reduction in slum-covered land in Mumbai’s peninsular region, dropping by 8.6% over 17 years. From 47.7 sq km in 2005, the slum area declined to 43.6 sq km in 2022, revealing a dynamic transformation in one of India’s most densely populated cities.

The Maharashtra government has announced plans to build a "Third Mumbai," which will be led by the Mumbai Metropolitan Region Development Authority (MMRDA). This city will be built by the New Town Development Authority (NTDA) in the Raigad area, past the Mumbai Trans Harbour Link (MTHL) ...

With the completion of the Coastal Road project, Mumbai, known for its energy and drive, is about to change. This modern motorway along Mumbai's western shoreline is expected to change the metropolitan environment, particularly in luxury residential areas.

K Raheja Corp-backed Mindspace Business Parks REIT aims to create an 8 lakh-square-foot mixed-use building with commercial offices and a luxury hotel in its Airoli east business park in Mumbai.

Kolte-Patil Developers has engaged into agreements to execute two housing society redevelopment projects with a total saleable area of 7.3 lakh sq ft in the Mumbai Metropolitan Region (MMR).

With progress being made on the Navi Mumbai International Airport, the two development agencies in the Mumbai Metropolitan Area have revived the Airport Express Line.

The western suburbs, central suburbs, and outskirts of Mumbai have some of the most in-demand real estate markets in the Mumbai Metropolitan Region (MMR).

As a result of the announcement of multiple new real estate projects in Mumbai in recent months, homebuyers in the Mumbai Metropolitan Area are experiencing an upbeat mood.

Sales of luxury homes increase from 7% in 2019 to 14% in the first half of 2022, with the highest sales of luxury properties occurring in the Mumbai Metropolitan Area.