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  • COVID-19 impact: Average size of a flat in MMR rises to 542 sq ft Jun 04, 2021 04:10 PM IST

    COVID-19 impact: Average size of a flat in MMR rises to 542 sq ft

    Homebuyers seek additional space on account of work-from-home which led to slightly larger 1 BHKs but 3BHK and 4BHK units shrunk in size to remain affordable

  • Stark contrast between NCR and MMR homebuyers during COVID-19 May 27, 2021 03:34 PM IST

    Stark contrast between NCR and MMR homebuyers during COVID-19

    Just 15% of end-users in NCR felt the need to upgrade to bigger homes, while 65% of buyers in MMR upgraded, driven by the 'new normal' imperatives of WFH and e-schooling.

  • MMR unsold housing stock falls by 8% despite new launches: Report Mar 30, 2021 01:50 PM IST

    MMR unsold housing stock falls by 8% despite new launches: Report

    The city recorded sales in Q1 2021 of 13,750 units against 9,120 units year ago - increasing by 51% in a year

  • MMR, Bengaluru and Pune top three cities for property investment: Report Mar 17, 2021 04:44 PM IST

    MMR, Bengaluru and Pune top three cities for property investment: Report

    Data shared by Anarock indicates that these three cities remained the most active markets in 2020 – together accounting for a 67% share of the total housing sales (of approximately 1.38 lakh units) recorded in the top 7 cities, and 60% of all new launches (approximately 1.28 lakh units).

  • Housing demand in MMR market: Here is what January-February numbers reveal Mar 15, 2021 01:15 PM IST

    Housing demand in MMR market: Here is what January-February numbers reveal

    In January-February, houses worth Rs 20,736 crores were registered under the category, amounting to approximately 60% of the total value of properties sold.

  • Platform ticket price raised to Rs 50 at key stations in MMR Mar 02, 2021 12:25 PM IST

    Platform ticket price raised to Rs 50 at key stations in MMR

    A platform ticket now costs Rs 50 instead of the previous rate of Rs 10 at the Chhatrapati Shivaji Maharaj Terminus, Dadar and Lokmanya Tilak Terminus in Mumbai, and neighbouring Thane, Kalyan, Panvel and Bhiwandi Road stations, CR's chief public relations officer Shivaji Sutar said.

  • Mumbai Metropolitan Region sees 33% YoY growth in housing sales in January: Report Feb 26, 2021 03:21 PM IST

    Mumbai Metropolitan Region sees 33% YoY growth in housing sales in January: Report

    In the central suburbs, the value of sales in January 2021 which stood at Rs 1,069 crore was a substantial 71 percent more than the monthly average of value of units sold in previous 3 years, with an average ticket size of Rs 2.1 crore.

  • Reduced real estate premiums to generate economic activity worth Rs 10 lakh crore in MMR: CREDAI MCHI Jan 28, 2021 01:47 PM IST

    Reduced real estate premiums to generate economic activity worth Rs 10 lakh crore in MMR: CREDAI MCHI

    Maharashtra Government’s decision will also lead to increase in new residential project launches in MMR and make housing affordable for homebuyers

  • Welspun One leases out 9 lakh sq. ft warehousing space to FM Logistic India at Bhiwandi Park in MMR Dec 14, 2020 06:53 PM IST

    Welspun One leases out 9 lakh sq. ft warehousing space to FM Logistic India at Bhiwandi Park in MMR

    The company is investing Rs 900 crore to develop its 110-acre industrial park project at Bhiwandi in Mumbai Metropolitan Region. The project has a potential leasable area of 3.2 million sq ft.

  • October 12 Mumbai power outage likely a sabotage: Report Nov 20, 2020 07:54 AM IST

    October 12 Mumbai power outage likely a sabotage: Report

    The investigation carried out by Maharashtra Police's cyber cell has detected presence of multiple “suspicious log – ins” into servers connected with power supply and transmission utilities, according to a news report.

  • Residential real estate sales rise 85 percent QoQ in Q3 2020: Report Oct 14, 2020 03:53 PM IST

    Residential real estate sales rise 85 percent QoQ in Q3 2020: Report

    While quarter-on-quarter growth remains strong, housing sales declined by 57 percent year-on-year basis across eight major cities, the report by brokerage firm PropTiger.com found.

  • Mahindra Happinest project sells over 100 homes online within a week of its launch Sep 18, 2020 05:23 PM IST

    Mahindra Happinest project sells over 100 homes online within a week of its launch

    Happinest Palghar, located in the Mumbai Metropolitan Region (MMR), has an Energy Park with 30 outdoor activities for residents of all ages. Units are priced between Rs 9.45 lakh and Rs 19.90 lakh.

  • Mumbai’s real estate industry should introspect its Pepsi experiment Sep 13, 2020 11:10 AM IST

    Mumbai’s real estate industry should introspect its Pepsi experiment

    Pepsi may have made millions by putting fewer chips in a Lay’s bag but developers’ ploy to shrink apartment sizes won’t help them for long, as homebuyers will want value for their money.

  • Single command centre for COVID-19 bed allotment planned for Mumbai Metropolitan Region Jul 23, 2020 07:45 AM IST

    Single command centre for COVID-19 bed allotment planned for Mumbai Metropolitan Region

    The centre, to oversee coronavirus bed management in hospitals in the Mumbai Metropolitan Region, could come up either in Thane or Navi Mumbai, according to state Health Minister Rajesh Tope.

  • Sunteck Realty buys 50 acres at sea-facing locale in Mumbai’s Vasai, expects Rs 5,000 crore revenue Jul 22, 2020 11:36 AM IST

    Sunteck Realty buys 50 acres at sea-facing locale in Mumbai’s Vasai, expects Rs 5,000 crore revenue

    The project with a development potential of about 4.5 mn sq ft, will have an unobstructed view of the Arabian Sea and cater mostly to the mid-income segment

  • Up to 63% of realty transactions concluded in MMR were at 20% premium: Propstack study Jun 26, 2020 09:45 PM IST

    Up to 63% of realty transactions concluded in MMR were at 20% premium: Propstack study

    The firm analysed ready reckoner premiums in MMR based on 38,000 sale transactions

  • Coronavirus impact | 15 office markets record decline in leasing activity globally May 15, 2020 04:37 PM IST

    Coronavirus impact | 15 office markets record decline in leasing activity globally

    The office leasing activity across the three Tier I cities in India has witnessed a drop due to the impact of COVID -19. MMR region to be impacted

  • Demand for high-rises up, account for 52% of all new launches: report Jan 20, 2020 01:00 PM IST

    Demand for high-rises up, account for 52% of all new launches: report

    Land-scarce MMR tops the high-rise list with over 75% of the total 734 projects; NCR came next with nearly 70% of its total launched projects in the category

  • PE inflows in real estate at over $5 billion in 2019: Study Jan 08, 2020 07:18 PM IST

    PE inflows in real estate at over $5 billion in 2019: Study

    MMR and NCR were the favoured regions for private equity investors in 2019 as they received close to $2.7 billion of PE funds.

  • Real estate AIF gets flooded with enquiries from developers, majorly from MMR, NCR regions: Sources Jan 06, 2020 06:20 PM IST

    Real estate AIF gets flooded with enquiries from developers, majorly from MMR, NCR regions: Sources

    Fund not attempting to raise more money from domestic financial institutions but looking at foreign funds to come forward, sources

  • Godrej Properties adds 4 new projects in Mumbai region, Bengaluru Dec 12, 2019 02:01 PM IST

    Godrej Properties adds 4 new projects in Mumbai region, Bengaluru

    The company, a real estate arm of business conglomerate Godrej group, said it has added three new projects at Navi Mumbai, Ambernath, and Thane in MMR and one new project in North Bengaluru.

  • Housing sales down by 2%; NCR sees biggest YoY drop of 15%: Report Nov 26, 2019 02:06 PM IST

    Housing sales down by 2%; NCR sees biggest YoY drop of 15%: Report

    The country's top 35 cities recorded sales of 91,115 units in the September quarter, while 1,310,570 houses have remained unsold.

  • 1,665 RERA-registered housing projects delayed by over five years: Report Nov 20, 2019 09:07 PM IST

    1,665 RERA-registered housing projects delayed by over five years: Report

    The biggest beneficiary of the government’s recently announced Rs 25,000-crore AIF could be the MMR housing market as most delayed projects are networth-positive

  • Houses worth Rs 1.54 lakh crore sold in top 7 cities in 2019: Report Oct 23, 2019 08:10 PM IST

    Houses worth Rs 1.54 lakh crore sold in top 7 cities in 2019: Report

    Overall sales value was highest in MMR (Rs 62,970 crore), followed by Bengaluru (Rs 28,160 crore) and NCR (Rs 24,860 crore),

  • 81,300 homes ready for possession; MMR has maximum ready unsold stock Oct 21, 2019 02:23 PM IST

    81,300 homes ready for possession; MMR has maximum ready unsold stock

    As many as 35 percent are in the affordable segment while 13 percent are in the premium segment priced over Rs 1.5 crore

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