Mumbai property news

Sales and collections grew sharply for the Mumbai developer, but thinner margins cut its profit, and the margin trend is now the key question for investors.

Collections and profit also grew, but margins eased in the July–September quarter, and the company's full-year target now depends on its second-half launches.

The second phase of DLF's first Mumbai project would add 135 homes, but the launch date and approvals are still pending.

The Italian carmaker's Mumbai showroom in Bandra Kurla Complex adds a premium retail tenant to a commercial building with a complicated approvals history.

The Mumbai developer's stock rose sharply before its board approved quarterly results that carry a qualified audit opinion.

The developer says 65–70% of its ongoing projects are sold, and it is 75% through a ₹169 crore buyback, with a ₹5,000 crore pre-sales target for FY27 and FY28.

The deal moves the Byculla project from a shared arrangement to full ownership, and the price is split between cash and bank guarantees.

The developer's chairperson targets about ₹40,000 crore of revenue by March 2028, even as quarterly profit fell 62%.

The redesign adds about ₹1,900 crore of net development value to the Worli land parcel, but it moves Tower C bookings into FY28.

The fund-backed structure shares project capital and gives the developer a 5% fee on turnover, with the first Mahim launch due before the year ends.

Revenue grew while margins narrowed, so profit fell for the quarter and the half-year, and the company's borrowings remain high.

The Mumbai developer is adding a senior HR leader as it expands its project pipeline, a move that signals its people agenda.

The land joins an existing 7-acre plot to form one 11.5-acre project, but no launch date, price or RERA registration has been announced.

The Byculla deal would lift Marathon's holding in the project from 40% to 100%, with completion expected within two months of approvals.

The application alleges the terms, covering assets above ₹4,000 crore, were signed while the promoter was in custody.

A pharma company's ₹236 crore purchase of a Juhu duplex adds a high-value benchmark to Mumbai's luxury market, as Lodha reports strong quarterly profit growth.

The approval would add four towers and about 8 lakh sq ft to the Oshiwara project, whose first phase has already sold out.

More homes were registered in Mumbai in October, a sign of steady buying, but the data says nothing about where prices or loan rates are heading.

The deal would end a shared-risk arrangement on a large South Mumbai mill-land project and move the listed developer to 100% economic interest.

Stronger bookings and profit growth give Lodha a firmer base for its ₹24,000 crore sales target, though its launch pipeline must now convert.

The exit leaves Walker Chandiok as sole statutory auditor, and the filing points to a commercial disagreement rather than governance concerns.

Retail consumption and rental income drove the Mumbai mall operator's September-quarter results, while its debt level held steady.

The Bandra Bay project has no announced sales date or price, while the public works around it move ahead.

The Mumbai developer's board cleared a new wholly owned unit and a temporary secretarial change on the day it reported half-year results.

The launch adds a small sea-facing project to Andheri West, but possession dates and the price still differ across the developer's listings.

The Mumbai developer's quarterly sales and revenue grew faster than profit, and its Marine Lines deal with Godrej is now the main item investors will track.

The listed parent says the associate LLP has finished its project and been inactive for over four years, so the step is unlikely to touch existing buyers.

The downgrade follows a 69% fall in second-quarter sales value and a share price down about 30% this year.

The neutral grade reflects a sharp Q1 swing and a six-project Mumbai pipeline, set against a valuation the rating service calls very expensive.

The call gives investors the first detailed read of the September-quarter numbers, which will be approved by the board a few days earlier.