Maharashtra Chief Minister directs immediate approval of stalled Maan-Mhalunge town planning scheme to unlock ₹150 crore funding and accelerate Pune Metropolitan Region development.

Over the previous six years, unsold flat stock in the Mumbai Metropolitan Region (MMR) has dropped 14%. On Thursday, ANAROCK Research said that unsold apartments fell from 2.23 lakh in the first quarter of 2018 to 1.93 lakh by March 2024.

The Indian residential property market reached record highs in the March quarter due to steady economic circumstances and buyer confidence. JLL India reported record residential sales despite increased borrowing rates and property costs.

The Prestige Group wants to develop 1 million square foot residential apartments in Pune in 2024. This enterprise might earn Rs 750–Rs 1,000 crore. Ahmed said the Bengaluru-based developer would launch 3 million square feet of property in Mumbai seeking Rs 15,000 crore in revenue next year.

To leverage on increased housing demand, Macrotech Developers Ltd. will build 22 new projects in Mumbai Metropolitan Region (MMR), Pune, and Bengaluru by March 2020, with an expected sales income of Rs 12,560 crore.

The Maharashtra State Road Development Corporation (MSRDC) has won the proposal for the Virar-Alibaug multimodal corridor (VAMMC) in Mumbai, which is a significant development for transit connectivity in the Mumbai Metropolitan Region (MMR).