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Mumbai’s Property Registrations Up 20% This Navratri

MUMBAI: The Greater Mumbai area under BMC jurisdiction recorded 6,238 property registrations during the 10-day Navratri period (Sept 22–October 1, 2025), reflecting a 20% increase from 5,199 registrations in the same timeframe last year. This boost also contributed to a 17% year-on-year rise in state revenue collections, reaching Rs 587 crore during the festive season. The average daily registrations improved from 578 units in Navratri 2024 to 624 units in 2025, as per data provided by Knight Frank India. According to the global property consultant, September 2025 saw a total of 12,070 registrations, making it the best September for the…

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Ahmedabad Dussehra Sales Hit by Property Price Drop

AHMEDABAD: The real estate market in Ahmedabad is witnessing a slowdown this Dussehra, with demand remaining low. Experts attribute this trend to an oversupply in certain regions and rising property prices, marking this festive season as the weakest since the COVID-19 pandemic. The Confederation of Real Estate Developers’ Associations of India (CREDAI) Gujarat is hopeful for a rebound in demand, considering the potential for Ahmedabad to host the Commonwealth Games as a possible trigger. Pravin Bavadiya, former president of the Ahmedabad Realtors’ Association, stated, “While the city saw significant demand post-COVID, the current market is challenged by oversupply and escalating…

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Rajasthan Property Sales Dip in July-September 2025

JAIPUR: Following increases in the March and June quarters, real estate sales in Rajasthan experienced a decline in the September quarter, according to data from the Registration & Stamps Department. While industry representatives caution against reading too much into a single quarter’s performance, they express concern over a potential downward trend influenced by high US tariffs. The total value of property transactions rose from Rs 2,206 crore in the December 2024 quarter to Rs 2,330 crore and Rs 2,569 crore in the March and June quarters, respectively. However, the September quarter saw a slight decrease, totaling around Rs 2,553 crore.…

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Delhi: Signature View Apartments to Face Power, Water Outage

NEW DELHI: Civic agencies are set to terminate essential services, including water and electricity, to Signature View Apartments on October 13. During a meeting held by the MCD on Monday, it was revealed that the Delhi High Court has mandated a deadline for residents to vacate by October 12. Under the leadership of Civil Lines zone deputy commissioner Anshul Sirohi, instructions were given to Tata Power Delhi Distribution Limited (TPDDL) to finalize disconnection of electricity by October 13, along with a directive to the Delhi Jal Board (DJB) to suspend water services. Police officials from Mukherjee Nagar were asked to…

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Pankaj Tripathi Buys Two Mumbai Apartments for ₹10.85 Crore

NEW DELHI: Actor Pankaj Tripathi, along with his wife Mridula and daughter Aashi, have acquired two apartments in Mumbai worth a total of ₹10.85 crore. The first unit, bought by Pankaj and Aashi for ₹9.98 crore, is situated in the Seabliss Building in Andheri West. This information comes from property registration documents reviewed by Square Yards. It boasts a RERA carpet area of 188.22 square meters (2,026 sq ft) and a total area of 220.36 square meters (2,372 sq ft), including three designated parking spaces. A stamp duty of ₹59.89 lakh and a registration fee of ₹30,000 were attached to…

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Tenant registrations can now be cleared at any district sub-registrar.

PUNE: The state property registration department has implemented a measure to expedite online leave and license registrations, allowing tenant agreements to be processed at any sub-registrar office within a district instead of being confined to specific taluka offices. The change, part of the One District, One Registration initiative, will take effect on October 2, as announced by officials on Monday. “This will facilitate faster clearance of tenant registration documents, reducing pendency across the state,” said a senior official following a departmental review. Previously, residents had to rely on their designated local sub-registrar office, leading to a disparity in workloads—some offices…

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Mumbai Property Registrations Surge 32% in September 2025

MUMBAI: In September, property registrations in the Mumbai municipal area surged by 32% to 12,070 units, driven by strong festive demand, as reported by Knight Frank India. According to data from the Maharashtra government, the city of Mumbai (within BMC jurisdiction) saw 12,070 property registrations last month, up from 9,111 units during the same period in the previous year. The figures include transactions from both primary (first sale) and secondary (resale) markets. “Mumbai city recorded a 32% year-on-year increase in property registrations for September,” noted the consultant. Stamp duty collections reached Rs 1,292 crore, reflecting a 47% year-on-year rise, with…

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Housing Board Raises Circle Rates for Two Ghaziabad Townships

GHAZIABAD: The UP Housing Board has announced an increase in circle rates for the Vasundhara and Siddharth Vihar townships, igniting concerns over property prices and affordability for many residents. Effective retroactively from April 1 for the 2025-26 financial year, the newly revised rates will affect both current homeowners and potential buyers, with increases ranging between Rs 7,000 to Rs 9,000 per sqm across residential and commercial sectors compared to the previous fiscal year. In Vasundhara, which is organized into 19 sectors and has a large population, circle rates for plots in odd-numbered sectors such as 1, 3, and 5 have…

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Hiranandani Group Unveils 225-Acre Township in Alibaug

NEW DELHI: Hiranandani Communities has unveiled its latest township project, Hiranandani Sands, spanning over 225 acres in Alibaug, Maharashtra. This initiative anticipates generating revenue projections of ₹17,000 crore. The initial phase covers 3.3 lakh sq ft and includes three residential towers with 330 units, featuring studio, 1, 2, and 3 BHK apartments. Prices start from ₹80 lakh for studios and go up to ₹2.85 crore for high-end 3 BHK homes. The launch of the project saw gross sales reaching ₹450 crore. The township will comprise residential homes, villas, plotted developments, and branded serviced apartments, along with five hotels, a convention…

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RAY Towers: Kerala CM Highlights Model Resettlement Project

Sure! Here’s a rewritten version of the content: — File Photo KOCHI: The newly built twin housing complex in Thuruthy, developed by the Kochi municipal corporation under the Rajiv Awas Yojana (RAY) scheme, has been hailed as a national model for resettlement projects by Chief Minister Pinarayi Vijayan. Inaugurating the towers on Saturday, Vijayan emphasized that the Thuruthy apartment complex exemplifies cooperative federalism, showcasing successful collaboration between the Union and state governments, as well as local self-governing bodies. The state government has launched several initiatives for the enhancement of Kochi and its surrounding regions, including the development of Kochi Metro,…