AI generated image Mumbai: In a move aimed at modernizing urban governance and facilitating faster project clearances, the Brihanmumbai Municipal Corporation (BMC) is set to launch an advanced artificial intelligence (AI)-driven facility dedicated to the city’s real estate sector. “The introduction of this AI-led facility marks a significant step towards streamlining processes and enhancing transparency in Mumbai’s real estate ecosystem. By leveraging technology, we aim to re

Maharashtra’s decision to keep ready reckoner (RR) rates unchanged for 2026–27 is a rare moment of restraint in a property market accustomed to incremental inflation. The move, justified by the government on grounds of the ongoing US–Iran conflict and a visible cooling in parts of the real estate sector, offers immediate, if modest, relief. In cities like Mumbai, where even marginal policy shifts can swell transaction costs, the freeze is sensible. But it is not sufficient. I