Mumbai Real Estate Records Best-Ever January

02 Feb 2024 CW Team

Mumbai's real estate market has achieved a historic milestone, recording its best-ever January with transactions totalling over Rs 7.50 billion. The surge in property transactions signals robust demand and investor confidence, underlining the resilience and attractiveness of Mumbai's real estate sector.

The record-setting performance in January is attributed to a combination of factors, including favourable market conditions, strategic pricing, and sustained interest from buyers and investors. The milestone reflects a positive trend in the real estate landscape, even amid broader economic fluctuations.

The significant transaction volume demonstrates the ongoing vibrancy of Mumbai's property market, with both residential and commercial segments contributing to the record-breaking figures. The city's real estate sector continues to be a focal point for investment, attracting individuals and businesses seeking strategic locations and long-term value.

The achievement is a testament to the adaptability and strength of Mumbai's real estate market, navigating challenges and capitalizing on opportunities. The positive momentum in January sets an encouraging tone for the rest of the year, indicating sustained growth and resilience in the face of evolving market dynamics.

As Mumbai's real estate market continues to evolve, the record-breaking January reinforces its position as a key player in the national property landscape. The achievement reflects not only the market's inherent strength but also the confidence of stakeholders in the city's real estate potential.

Infrastructure Energy

14 Oct 2025

Mizoram To Build Rs 139 Billion Pumped Storage Power Plant

Mizoram Chief Minister Lalduhoma on Friday announced plans to construct a 2,400 MW pumped storage hydroelectric power plant in Hnahthial district, marking a major step towards achieving energy self-sufficiency in the state. Addressing the Mizo Students’ Union general conference in Hnahthial town, the Chief Minister said the plant would be developed across the Darzo Nallah, a tributary of the Tuipui river. Once operational, the project is expected to play a pivotal role in meeting Mizoram’s rising electricity demand and reducing dependence on imported power. Officials from the State Power..

Centre Plans Nationwide Opening Of Power Retail Market

India is preparing to open up its retail electricity market to private companies nationwide, effectively ending the long-standing monopoly of state-run power distributors in most regions, according to a draft bill released by the Union Power Ministry on Friday. The move will enable major private sector players — including Adani Enterprises, Tata Power, Torrent Power, and CESC — to expand their presence across the country’s electricity distribution landscape. A similar reform attempt in 2022 had faced strong opposition from state-run distribution companies (discoms), which currently dom..

CEA Sets 100 GW Nuclear Target For India By 2047

In a landmark step marking its 52nd Foundation Day, the Central Electricity Authority (CEA) unveiled an ambitious roadmap to develop 100 gigawatts (GW) of nuclear power capacity by 2047, aligning with India’s long-term Net-Zero commitment and energy security objectives. The event, held at the Central Water Commission auditorium in New Delhi’s R.K. Puram, was attended by Pankaj Agarwal, Secretary, Ministry of Power, who served as the Chief Guest. The roadmap sets out a detailed plan to expand India’s nuclear capacity from its current level of approximately 8,180 MW as of early 2025, outl..