Matunga Road, Mumbai

Mumbai real estate market in 2026 is expected to see continued demand for larger, smarter homes that accommodate hybrid lifestyles. The luxury segment is also growing, with focus on wellness and curated experiences. Infrastructural projects like Mumbai Trans Harbour Link and Metro expansions will continue to shape investment hotspots.

BMC is set to table an amnesty scheme aimed at granting occupation certificates (OCs) to thousands of housing societies that have been unable to obtain them due to deviations or additional constructions. The scheme will apply to societies built before November 17, 2016, and will allow legalisation upon payment of applicable charges, with a 50% concession on various fees for proposals submitted within the first six months.