Mumbai’s real estate market is witnessing a redevelopment surge in prime areas like Bandra and Colaba, driven by rising demand and government incentives. Experts warn of risks amid intense developer competition and price volatility.

Tired of builder delays and broken promises? Housing societies across Mumbai are taking charge through self-redevelopment, gaining bigger homes, financial control, and complete transparency. Here’s why your society should consider it too.

The Group of Ministers (GoM) on real estate has eliminated GST exemptions on private long-term land leases, a critical step. Tourism firms requesting exemptions are affected by this ruling. The meeting additionally discussed important subjects including housing society construction service taxation.

In a recent meeting, the Maharashtra state cabinet approved a significant legal reform to accelerate the rebuilding of ageing cooperative society structures. This move allows eviction of minority residents who block majority-approved redevelopment plans.