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.

Central authorities will auction 17 properties worth hundreds of crores belonging to 1993 Mumbai blasts accused Tiger Memon, including prime Mumbai flats and a ₹400 crore land parcel, marking a major step in terrorism-linked asset recovery.

A proposal to auction a historic 2.5-acre sanatorium in Sanjan has triggered strong opposition from the Parsi-Irani Zoroastrian community, who view the site adjacent to the 1917 Memorial Column as sacred heritage facing financial pressures from the World Zoroastrian Organisation Trust.

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.

A 426-acre HDIL land parcel in Dahisar West is set for e-auction at ₹1,234 crore reserve price to recover over ₹2,059 crore in outstanding dues, marking one of Mumbai's largest distressed asset sales.

Maharashtra has identified 462 enemy properties across 11 districts, with more than half located in Mumbai. The government plans to publish complete details publicly to boost transparency and attract investors for potential monetization.

BMC issues 21-day ultimatum to five Mumbai property owners owing ₹27 crore in taxes, including luxury Juhu hotel, before auction proceedings begin.

A historic ₹1,495 crore CIDCO land deal in Navi Mumbai's Nerul sector has set new price benchmarks at ₹7.65 lakh per square meter, driven by the upcoming international airport's proximity and infrastructure boom.

The MHADA Mumbai Housing and Area Development Board is set to hold an e-auction for the sale of 173 non-residential shops on June 27, 2024.

Cidco's e-auction of 28 Navi Mumbai plots netted Rs 1,365 crore. Sector 20, Palm Beach Road, Sanpada property sold for Rs 5,54,500/sq m.