Mumbai recorded 12,315 property registrations in May 2026, the highest May figure in 14 years. While annual demand remained strong, experts noted a month-on-month slowdown and growing buyer caution amid global economic uncertainties.
Mumbai's western suburbs are witnessing strong redevelopment activity as ageing societies, land scarcity and infrastructure upgrades drive urban renewal. Industry estimates indicate over 44,000 new homes worth nearly ₹1.3 lakh crore could emerge through redevelopment-led projects in the coming years.
Infrastructure upgrades including Dwarka Expressway, metro expansion, and Jewar airport are reshaping residential demand across NCR, driving property appreciation, reducing inventory, and attracting end-users seeking connectivity-driven housing opportunities.
GREMI inaugurated its City Campus at Million Minds Tech City in Ahmedabad and announced plans for a 100-acre dedicated real estate university. The institute, backed by an initial ₹500 crore investment, will admit its first batch of students in August 2026.
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