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.

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.

Indian real estate stocks soared up to 12% on September 15, 2025, driven by Federal Reserve rate cut expectations and anticipated regulatory reforms in Uttar Pradesh, pushing the Nifty Realty index to its strongest level in 13 sessions.

BMC awards 30-year Crawford Market lease to AAV Developers for ₹369 crore, 13% below reserve price. Deal includes CSMT pedestrian bridge & 30-year renewal option for historic South Mumbai property.

Mumbai's commerce and business sector benefited from the Jawaharlal Nehru Port Authority (JNPA) awarding industrial plots in its Navi Mumbai Special Economic Zone (SEZ) for almost twice the reserve price to nine winning bidders. This exceptional land demand shows the region's economic potential.

Godrej Properties and Sobha won three important land lots in a Greater Noida Authority auction. The auction saw strong participation, exceeding the reserve price of ₹738 crore with offers totalling ₹1,500 crore.

The Delhi Development Authority (DDA) commences the third phase of its e-auction today, putting 257 luxury apartments, including exclusive penthouses and a variety of high and mid-segment flats, on the market in New Delhi's Dwarka neighborhood.

The state-owned Indian Bank sold ₹610 crore in bad loans to simplify its financial portfolio. The bank plans to straighten up its accounts by the end of the year. Real estate and international trade debts are sold.