3. VERY SHORT RELEVANT INTRO: Mumbai's property market recorded approximately 11,500 registrations in October 2025, demonstrating resilience through strong end-user demand despite festive timing shifts, with year-to-date stamp duty collections reaching record ₹11,164 crore.

Adani Realty and Marathon Nextgen Realty announced a joint venture in October 2025 to develop Monte South Commercial in Mumbai's Byculla, a ₹3,400 crore mixed-use project featuring 1.2 million sq ft of premium office and retail space.

Maharashtra's real estate sector has generated ₹29,795 crore in stamp duty revenue by mid-October 2025, representing 46.9% of the annual target despite a ready reckoner rate hike in April. The state's property market continues to demonstrate resilience with 7% year-on-year revenue growth.

Navi Mumbai International Airport has secured DGCA aerodrome licence and will be inaugurated on October 8, 2025, with commercial operations expected by mid-November after completing mandatory operational readiness trials.

JM Financial's Dwello launches India's first festive property voucher program, offering Amazon vouchers up to ₹1 lakh for homebuyers across Mumbai, Pune, Bengaluru, and Delhi-NCR from August 27 to October 31, 2025.