Mumbai prepares to auction plots for its third Central Business District in Wadala, triggering property price appreciation and corporate interest in the well-connected eastern corridor poised to complement BKC and Lower Parel.

MMRDA has invited bids for a premium 2.7-acre commercial plot in Wadala with a reserve price of ₹1,629 crore, marking a strategic push to develop Mumbai's third major central business district alongside BKC and Nariman Point, with a bid deadline of January 7, 2026.

The Santacruz-Chembur Link Road extension is transforming Mumbai's property market, with areas like Chembur, Kurla, and Santacruz witnessing significant price surges and investor interest as improved connectivity unlocks hidden real estate value.

India's longest underground metro corridor has begun transforming Mumbai's commuting experience while simultaneously driving significant changes in the city's property market, urban development patterns, and environmental sustainability initiatives.

Mumbai's Bandra Bay precinct is set to witness over ₹1 lakh crore in luxury real estate development, transforming 140 acres of waterfront into India's most exclusive residential and retail destination with properties priced above ₹1.2 lakh per sq ft.

MMRDA is set to auction a 10,860 sq m prime land parcel in Wadala with a ₹1,629 crore reserve price, marking its first major land sale in the area after fifteen years. The 80-year lease offers FSI 10 for mixed-use development, signaling Mumbai's commercial expansion beyond BKC.

Mahindra Lifespaces has been appointed as the preferred developer for redeveloping four residential societies in Malad West, Mumbai, on a 1.65-acre land parcel with an estimated development potential of ₹800 crore, strengthening the company's urban rejuvenation strategy in the western suburbs

Mumbai's first fully underground Metro line, the 33.5-km Aqua Line (Metro 3), opened with record-breaking ridership of over 1.56 lakh passengers on day one, offering dramatic time and cost savings while connecting key business districts from Aarey to Cuffe Parade.

Raheja Universal (Pvt) Ltd. has reacquired its former corporate headquarters, Raheja Centre-Point, situated on CST Road in the prime commercial district near BKC, for ₹211 crore on 10th September 2025

Mumbai's underground Metro Line 3 is transforming property values across the city. From Cuffe Parade to Andheri, discover how this ₹32,000 crore infrastructure project is creating new investment opportunities and reshaping real estate prices along the 33.5-kilometer corridor.

Brookfield-backed Schloss Bangalore secures ₹1,302 crore MMRDA plot in BKC for 250-room luxury hotel. The Leela brand expands with mixed-use development in Mumbai's premier business district.

Dharavi is set for a massive transformation with ₹95,790 crore earmarked for redevelopment, including 50,000 housing units, a green spine, central park, artisan hubs, and enhanced connectivity to BKC, Sion, and Mahim.

Kanakia Group partners with Hines, Mitsubishi Estate, and Sumitomo Corporation to launch a 1.5 million sq ft premium office project near Mumbai's BKC. Designed by KPF, the development marks a major global collaboration in India's commercial real estate.

The Mumbai Metropolitan Region Development Authority (MMRDA) plans to lease out seven plots in the Bandra-Kurla Complex (BKC) to earn 5,497 crore. This program finances Mumbai Metropolitan Region infrastructure projects.

L&T Realty and Valour Estate, formerly DB Realty, have partnered to create a ₹20,000-crore project on a 10-acre land block in Mumbai's Bandra Kurla Complex (BKC). The project will contain luxury apartments, commercial areas, and a 1,000-key five-star hotel near the Bombay High Court complex.