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Avhad Group has launched Avhad Bayline Residences in Mahim, marking its entry into South Mumbai’s premium housing segment. The project, introduced in the past week, has reported encouraging initial demand from homebuyers seeking centrally located, design-led residential developments. Comprising 251 units with extensive lifestyle amenities spread across multiple levels, the development reflects a growing preference for community-oriented living within established urban neighbourhoods. Designed in collaboration with architect Reza Kabul, the project integrates sustainability features alongside premium amenities. The launch highlights continued demand for upgrade housing within city limits, particularly in well-connected micro-markets such as Mahim.Read more

02 May 2026

Alliance City Developers Realtors Pvt. Ltd. has reported a development milestone with 19 residential projects across Mumbai over more than a decade, including 12 completed, seven ongoing, and three upcoming developments. Operating in micro-markets such as Matunga, Vile Parle, Santacruz, Malad, Borivali, and Mulund, the developer has delivered over 1.2 million sq ft of housing and handed over homes to more than 700 families. The company continues to focus on redevelopment-led projects with a defined execution timeline, supported by an active pipeline of ongoing and planned developments. Several projects are approaching completion, while new launches are being planned in established residential locations, indicating continued expansion in Mumbai’s redevelopment segment.Read more

02 May 2026

Signature Global has entered into a partnership with Tonino Lamborghini to develop branded residences in Gurugram, marking the Italian brand’s entry into India’s residential real estate sector. The collaboration was formally unveiled at a high-profile event attended by industry stakeholders and company leadership from both sides. The proposed development, located along the Southern Peripheral Road, will comprise over 800 premium residences in multiple configurations, targeting the city’s growing luxury housing demand. Industry observers indicated that the project reflects a rising trend of global luxury collaborations in Indian real estate, particularly in key markets such as Gurugram. The initiative is expected to strengthen the positioning of branded residences, supported by evolving buyer preferences for design-led, globally benchmarked living experiences.Read more

01 May 2026

Omaxe Group has planned an investment of INR 250 crore to develop its premium residential project ‘Omaxe Cassia’ in Lucknow. The project is part of the larger 690-acre Omaxe Metro City township located on Raebareli Road. The company has already recorded strong initial sales, with around 300 units sold out of a total 360 units. The development is aligned with the company’s ongoing expansion strategy in key urban markets. Established in 1987, Omaxe has built a significant presence across India with large-scale residential and commercial developments across multiple states.Read more

01 May 2026

Mahindra Lifespace Developers Ltd reported a marginal rise in consolidated net profit for the quarter ended late in the past financial year, even as its total income recorded a significant increase. The company posted a net profit of INR 90.12 crore, up 6 per cent year-on-year, while quarterly income rose sharply to INR 723.21 crore. For the full financial year, profit and income both registered substantial growth compared to the previous year. The performance reflects higher revenue recognition and improved operational scale across its real estate portfolio during FY26, positioning the company among steadily expanding listed developers in India’s residential and integrated developments segment.Read more

Mumbai News Desk

01 May 2026

A proposal of INR 3.4 crore to renovate the Mumbai mayor’s official residence in Byculla has been placed before the civic standing committee, raising concerns over high spending. The heritage bungalow, located inside Veermata Jijabai Bhosale Botanical Garden, is structurally sound but is set for extensive interior upgrades. RTI activist Anil Galgali has questioned the need for such costs, highlighting recent repairs and low maintenance spending in past years. The proposal includes new rooms, modern fittings and design upgrades, bringing focus back on transparency and prioritisation of civic funds.Read more

01 May 2026

House of Hiranandani has secured redevelopment rights for an approximately 3-acre land parcel in Borivali West, Mumbai, where it plans to develop a premium residential project. The project is expected to generate around INR 3,000 crore in revenue from a saleable carpet area of 7.6 lakh sq ft. The development will include rehabilitation for existing residents alongside over 850 new homes for sale. The project reflects continued redevelopment-led supply in Mumbai’s suburban markets, where land availability remains constrained and developers are increasingly relying on redevelopment opportunities to expand their portfolios.Read more

01 May 2026

Brigade Enterprises Ltd has acquired a 5.72-acre land parcel in Osman Nagar, Hyderabad, through an auction conducted by the Telangana Industrial Infrastructure Corporation in the past week. The outright purchase, valued at around INR 250 crore, translates to approximately INR 44 crore per acre, excluding registration costs. The company intends to develop a residential project on the site, aligning with its continued focus on Hyderabad as a growth market. The acquisition reflects Brigade’s strategy of securing development-ready land parcels in key urban centres, where demand for premium housing remains steady amid expanding infrastructure and employment corridors.Read more

30 Apr 2026

Lodha Developers is planning to invest around INR 10,000–11,000 crore to develop 1 gigawatt of data centre capacity in the Mumbai Metropolitan Region. The project will come up within its Palava township and follow a build-to-suit model for global operators. The company has already secured key clients and will fund the development largely through land monetisation. This move is part of its strategy to scale rental income and expand into digital infrastructure, alongside a larger 2.5 GW data centre park planned in the region.Read more

29 Apr 2026

Meghna Infracon Infrastructure Ltd has announced plans to invest around INR 500 crore to redevelop five housing projects across the Mumbai Metropolitan Region. The projects, located in the western suburbs and Thane, are expected to generate nearly INR 600 crore in revenue. The developments will include 320 units, with around 200 units available for sale. The Bharti CHS project in Bandra West will be the largest, with a projected revenue potential of INR 240 crore. The move reflects the growing focus on redevelopment projects in MMR after the pandemic.Read more