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Mumbai

  • 14.79%
    Annual Price Growth
    Annual increase in price per sq feet in this city, basis makaan listings
  • 3.85%
    Annual Rental Yield
    % of property cost that you are likely to recover as rent in 1 year

Property in Mumbai

: an overview

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Property Range in Mumbai

15 L2+ Cr
2,600 2+ L

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One stop platform for real estate news and updates

Top real estate articles

  • 8th Oct 18

    Maharashtra Amends Development Control Regulations; Mumbai Builders Can Construct More

    With a new rule under the Development Control Regulations, developers in Mumbai will be able to build more on plots measuring over 2,125 sq metre. According to the new regulation, the Brihanmumbai Municipal Corporation will calculate the development potential of a plot on its gross area, without deducting the area reserved for recreational ground.
  • 27th Sep 18

    Rented & Old Buildings In Mumbai To Get Additional FSI For Redevelopment

    Under the recently notified rules of the city’s Development Plan 2034, the old housing societies and tenanted building with five or more rented apartments could get up to 70 per cent additional FSI of the total existing build-up area for redevelopment. Once redeveloped, the new apartments will have an extra 12 per cent carpet area.
  • 27th Sep 18

    BMC Prohibits Enclosing Of Balconies

    The Brihanmumbai Municipal Corporation has said that it will not allow architectural features such as balconies, lily ponds and flowerbeds to be projected as open spaces in buildings. Also, the municipal authority has ruled that balconies can no longer be enclosed.
  • 25th Sep 18

    Redevelopment Projects To Take A Hit As Maha Govt Offers No FSI Benefits Under Development Plan 2034

    According to media reports, the FSI incentive is not a part of the notified Development Plan 2034. The move could prove to be a major set back for Maharashtra's redevelopment projects.
  • 13th Sep 18

    Mhada To Miss 2020 Target To Deliver 15,000 Low-Cost Flats In Mumbai

    Media reports suggest that the Mumbai Board of the Maharashtra Housing and Area Development Authority has only been able to complete 2,500 flats so far as against the promised delivery of 15,000 homes by 2020. According to the authority, encroachments and court cases are the reasons behind the delay.
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