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.

The Treasury Department regrets Diwali property registration inconveniences. Diwali, particularly Dhanteras, is a lucky time to purchase property, but this year, system maintenance suspended the registration process, preventing homebuyers from completing their deals.

Runwal Realty, a prominent real estate developer, acquired a 4-acre land parcel in Mumbai's Worli neighbourhood for ₹800 crore, including taxes and government levies. The developer plans to build a 1 million square foot luxury residential development, generating ₹8,000 crore in revenue.

The Rhythm House near Kala Ghoda in Mumbai has reopened after closing permanently in 2016. Bhaane Retail, a Shahi Exports Pvt Ltd. affiliate, bought the famed music shop for INR 48 crore.

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 state cabinet accepted the transfer of 140 acres of Malwani and Aksa property from the suburban collector for the ambitious Dharavi Redevelopment Project. Land will be utilised for rental homes for slum inhabitants ineligible for free housing under the project.

High land prices and lengthy clearance delays are limiting Indian real estate project debuts. Land acquisition, regulatory difficulties, and legal issues are causing a supply-demand mismatch in Mumbai, Bengaluru, and Delhi-NCR.

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.

As Mumbai's real estate market continues to rise, Greater Mumbai property registrations rose 12% in 2024 to over 1.5 lakh in the first nine months. This 12% YoY rise in registrations has brought Rs 8,892 crore to the state exchequer.

Nusli Wadia, Chairman of the Wadia Group, and the Aditya Birla Group have settled their lengthy legal dispute. Aditya Birla Group subsidiary Century Textiles and Industries bought a 10-acre leasehold property tract in Worli, Mumbai, from the Wadia family for ₹1,100 crore.

The Madh-Versova cable-stayed bridge, worth 3,246 crore rupees, would lessen travel lengths by 3–4 km and boost communication between Versova and Madh. The bridge will be open 24 hours a day. Constructed in around 36 months, this 2.06 km bridge will boost infrastructure & Madh property prices.

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.

Document registration is now easier for Mumbai homebuyers. Recently, the government announced that buyers no longer need to visit the sub-registrar's office where the property is located. Their property paperwork may be registered in any joint sub-registrar's office in Mumbai.

Star Kangana Ranaut has placed her Pali Hill mansion in Bandra West for sale at a price of ₹40 crore, causing a stir in the Mumbai luxury real estate market.

M&M has sold a 20.5-acre land plot in Kandivali East, Mumbai, for ₹210 crore to Blueprintify Properties, a real estate unit of Rucha Group. M&M capitalised on its non-strategic assets with this July 23 transaction, which was filed the following day.