Heavy rains caused severe waterlogging, traffic jams, and disruptions to local train services in Mumbai. Schools and colleges were closed due to a 'red alert' issued by the IMD.
Average housing prices across Mumbai Metropolitan Region (MMR), Delhi-NCR, Chennai and Pune remained stable during the January-March period compared to the previous quarter while rates appreciated 4-5 per cent in the other four major cities, according to PropTiger. Data from real estate brokerage firm PropTiger, a part of REA India that owns Housing.com, showed that prices in Bengaluru and Hyderabad grew 5 per cent each while Ahmedabad and Kolkata saw an appreciation of 4 per cent each.
The tactical alliance between the Shiv Sena-Uddhav Balasaheb Thackeray and the Maharashtra Navnirman Sena (MNS) may not have aided the Thackeray cousins to win the Brihanmumbai Municipal Corporation, but the pact helped them keep intact their traditional strongholds.
'It would have polarised the Marathi-non Marathi divide further. 'Fadnavis had a very clear strategy: Let all Marathi people campaign for us (the BJP), and whatever results we get will be delivered by Marathi people only.'
The government's Budget announcements providing tax holiday for data centres, setting up of city economic regions (CERs) and funding to improve infrastructure in Tier-II and -III cities may give an indirect boost to India's realty sector, said industry executives.
A Monorail train in Mumbai halted due to a power failure amid heavy rains, stranding approximately 200 passengers. Rescue operations were conducted, and an inquiry has been ordered into the incident.
It is the first airport in the country to have multi-modal connectivity. This includes a linkage to the project via road, rail, and a metro system.
Maharashtra heads to the polls for 29 municipal corporations, with Mumbai's BMC election taking center stage as the BJP-led Mahayuti faces off against the Thackeray front. Key issues include promises for women, pollution control, and the city's financial health.
Affordable homes, priced under Rs 40 lakh per unit, may not be attractive anymore, not just for developers but also for investors, with the segment seeing a 26 per cent price rise over three years since 2022 versus 40 per cent returns from luxury homes priced Rs 1.5 crore and above.
Mumbai's makeover plan has inched forward. The Rs 2.25 lakh crore plan for development of Mumbai Metropolitan Region is awaiting approval of the state government. The government will approve of this once the Mumbai Metropolitan Region Development Authority (MMRDA) okays it. The plan includes infrastructure such as road transport, Metro rail, skybus, Brimstowad storm water drainage project & water transport development. The plan covers entire Mumbai as well as Thane district.
The accused has been identified as Bhagwat Singh Om Singh (32), originally from Udaipur in Rajasthan who is currently staying in Navi Mumbai.
India's top eight housing markets saw a one per cent decline in sales during the July-September period to 95,547 units, mainly due to lower demand in Mumbai, Pune and Delhi-NCR, according to PropTiger. Real estate consultant PropTiger, recently acquired by listed entity Aurum PropTech Ltd, released its data on Wednesday for India's eight primary housing markets for the July-September quarter.
India's leading real estate developers are accelerating their push into plotted development, a segment once dominated by unorganised players but now reshaped by branded offerings, faster cash flows and evolving buyer preferences. This strategic shift is visible across markets such as Bengaluru, Chennai, Hyderabad, Gurugram, peripheries of the Mumbai Metropolitan Region (MMR) and even Tier-II cities.
At least 2,900 acres of land deals, with a market value of Rs 31,000 crore, were transacted in the Indian realty market during the first six months of 2025 (H1 2025), according to a report by real estate analytics firm Anarock. These deals include both outright transactions as well as joint development agreements between realtors and landowners.
Breaking the nearly three-decade-old dominance of the undivided Shiv Sena, the Bharatiya Janata Party on Friday emerged victorious in the Brihanmumbai Municipal Corporation (BMC) elections, and also vanquished the alliance of Nationalist Congress Party factions led by Sharad Pawar and Ajit Pawar in the Pune civic body.
Housing sales declined 5 per cent in the July-September quarter across the top eight cities due to a fall in new supply and sharp appreciation in prices, according to PropTiger. Real estate brokerage platform PropTiger.com, which is part of Australia's REA group that owns Housing.com, on Tuesday, released its report 'Real Insight' on India's residential market. A total of 96,544 units were sold in July-September, down 5 per cent from 1,01,221 units sold during the same period in 2023.
Heavy rains lashed several parts of Maharashtra, including Mumbai, on Monday, resulting in one death and the rescue of 48 people from inundated areas. The state received widespread rainfall, with Pune, Satara, Solapur, Raigad, and the Mumbai Metropolitan Region (MMR) experiencing significant precipitation. Mumbai recorded 135.4 mm of rainfall in the past 24 hours, leading to waterlogging and power outages in some areas. The India Meteorological Department has predicted more rain in Mumbai over the next 24 hours, accompanied by thunderstorms and strong winds.
'Every delay directly increases the cost burden on developers. Land holding charges, financing costs, and compliance expenses escalate as approvals drag on.'
'Conservation is is fundamental to the resilience of our communities and the health of our planet,' says Dr Ramakant Panda, who is considered to be one the world's top heart surgeons.
Under the Slum Prevention Programme, the Mumbai Metropolitan Regional Development Authority will build 500,000 houses in the Mumbai Metropolitan Region over the next five years. Of this, 50,000 houses would be built over the next year, said metropolitan commissioner Ratnakar Gaikwad. Under the SPP, 160 sq ft houses with attached toilets will be made available for a rent of between Rs 800 and Rs 1,500. The MMRDA had earmarked Rs 100 crore (Rs 1 billion) for the SPP.
The rail link is considered necessary as it will help decongest the growing traffic once the proposed airport comes up in Navi Mumbai.
Amid violence against Hindi-speaking people, Maharashtra minister and Bharatiya Janata Party leader Ashish Shelar on Sunday drew parallels between the Pahalgam terror attack and the beating of 'Hindus' in Mumbai, which he said is condoned by some leaders.
At least 14 workers were injured after a girder of an under-construction flyover at MTNL junction in suburban Bandra Kurla Complex in Mumba collapsed early on Friday, civic officials said.
More than 21 hours after a huge billboard collapsed in Mumbai's Ghatkopar area due to gusty winds and unseasonal rains, killing at least 14 persons and injuring 75 others, the search and rescue operation is still on, civic officials said on Tuesday.
Capital value appreciation outpaced rental value growth in several key micro-markets between 2021 and 2024, with Noida Sector 150 in the National Capital Region (NCR) leading the pack with a 128 per cent rise in capital values compared to rental value growth of just 66 per cent, according to a report by property consulting firm Anarock.
Taking a cue from neighbouring Gujarat and its successful Vibrant Gujarat summit, Maharashtra has organised a conclave -Transforming MMR into a Global Financial, Commercial and Entertainment Hub - on February 6.
'If the BJP had contested all 227 seats, I believe they would have managed to secure a majority on their own.'
The Rs 2,460-crore (Rs 24.60 billion) Mumbai Monorail project, which was to be completed by 2010 and was later rescheduled for December 2012, is still under construction.
Yuvraj, 30, was part of the Indian team that played in the 2014 World Cup at The Hague in the Netherlands.
Rental housing for 43,000 low-income families in Mumbai by March 2015.
Mumbai's Metro rail system, which is scheduled to take off by next year, will have a Geographic Information System for mapping the entire rail tracks and nearby areas to enhance safety, maintenance and traffic regulation.
After three straight quarters of decline, India's housing market is pinning hopes on the ongoing festival season to revive sales momentum. While 2025 may still end with sales volumes below 2024 levels, developers believe the seasonally strong October-December quarter could narrow the gap, aided by stable interest rates, festive incentives, and resilient demand in the premium segment.
Why do Mumbai's civic authorities only ensure pothole-free roads only during the Ganapati season and not the year around, asks Mahesh Vijapurkar.
Average residential property prices in seven cities increased 10% to 34% due to new supplies in the luxury and ultra-luxury segments and overall demand.
Mumbai's first metro project between Versova-Andheri-Ghatkopar will be commissioned in 30 months, instead of the stipulated 60 months.
A video showing an auto-rickshaw driver being beaten up allegedly by Shiv Sena-Uddhav Balasaheb Thackeray workers in Maharashtra's Palghar district for 'anti-Marathi' remarks has gone viral on social media, further fuelling controversy over the language issue in the state.
The Mumbai Metropolitan Region Development Authority, the nodal agency for the city's makeover, has upped the estimated investment target needed for infrastructure development by over 50 per cent.
Four projects worth Rs 2,000 crore (Rs 20 billion) will be undertaken under the Mumbai Urban Infrastructure Project that is to be implemented in three parts by the Mumbai Metropolitan Region Development Authority's and completed by 2006.
A committee headed by Indian Institute of Technology Bombay professor K V K Rao would probe the incident and suggest safety measures to avoid such instances in the future.
