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Mumbai property registrations jumps to 10-year high for July
BMC region of Mumbai recorded a 10-year high in property registrations in July 2021 at 9,037 units, said a report by real estate consultancy Knight Frank. This marked a sequential growth of 15 percent over June 2021 and up 239 percent on annual basis in comparison to 2,662 units in July 2020. The registrations for July 2021 were also 57 percent higher compared to the same month in the pre-pandemic period of July 2019.
“It is encouraging to see a strong pick up in property registrations in the recent months, despite the impact of the second wave. Property registrations have continued to grow on a monthly basis since May 2021 and have crossed the 9,000 units mark in July 2021. The registrations for July 2021, so far, have recorded the highest ever numbers for the month of July in the last decade,” said Shishir Baijal, Chairman & Managing Director of Knight Frank India.
Even though the Covid-19-mandated lockdown this time in Mumbai was similar to last year, the pick-up in the property market after the gradual easing of restrictions in June was sharper compared to last year. Developers used marketing methods and learnings from the first wave to keep the homebuyers engaged during the second lockdown. As soon as the lockdown restrictions were eased, real estate players facilitated customer site visits and closed transactions.
Latest News
Woman Found Murdered at Ulwe Lodge, Boyfriend Dies by Suicide
23-year-old woman allegedly strangled by her boyfriend at a Sector 9 lodge; police launch investigation into the incident.
The Murder
A shocking incident was reported at Happy Residency Lodge in Sector 9, Ulwe, where a 24-year-old man allegedly murdered his 23-year-old girlfriend before dying by suicide.
According to the police, the incident came to light around midnight on Wednesday. The preliminary investigation suggests that the crime may have been linked to complications in their relationship. However, the exact motive is yet to be established. The woman’s father, Satyaveer Singh Chaudhary, a resident of Sankeshwar Plaza in Ulwe, approached the police after his daughter went missing on Tuesday. The family was scheduled to travel outside the state by flight, but the woman failed to return home.
Following the complaint, Ulwe police began searching for her. A technical investigation helped them trace her location to Happy Residency Lodge in Sector 9. When police reached the lodge at around 1 am on Wednesday, they found the woman’s body inside a room. Her boyfriend, identified as Bharat Pankaj Bhardwaj, alias Gaurav, was also found dead after allegedly hanging himself.
According to the post-mortem findings, the woman was strangled to death before the man died by suicide at around 4.45 am. Police have registered a murder case against the deceased man under Section 103(1) of the Bharatiya Nyaya Sanhita. Further investigation is being conducted by the Ulwe police.
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Fake Journalist Arrested for Allegedly Cheating Four People of Rs 19 Lakh in Ulwe Flat Deal
Navi Mumbai Police arrest accused from a Lonavala hotel, he allegedly promised affordable flats in Ulwe but failed to deliver.
Cheating
Navi Mumbai Police have arrested a man accused of cheating four people of approximately Rs 19 lakh by promising to provide flats at below-market prices in Ulwe. The accused, identified as Shailendra Devprabhakar Dwivedi, was arrested from a hotel in Lonavala.
According to the police, Dwivedi allegedly posed as a journalist and claimed to be associated with a real estate development firm, Shri Guru Builders and Developers. He reportedly promised affordable flats in a building being developed at Plot No. 453 in Sector 24, Ulwe.
Using these assurances, he allegedly collected a total of Rs 19 lakh from four people but failed to provide the promised flats. Vijay Jha (42), an incense-stick businessman, lodged a complaint at the Ulwe police station on October 7. After the complaint was registered, the accused allegedly went into hiding and frequently changed locations to avoid arrest. He also reportedly circulated misleading social media posts about Navi Mumbai police personnel.
Following a technical investigation, the police traced him to a hotel in Lonavala and arrested him around midnight on Thursday. Deputy Commissioner of Police Amit Kale stated that several other serious cases, including extortion, illegal possession of weapons, assault and obstructing government officials, had previously been registered against the accused at various police stations in Navi Mumbai and Thane. Further investigation is underway.
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Cyberattack at SBI’s Navi Mumbai IT Centre, 3.75 Lakh Records Allegedly Stolen
Hackers reportedly accessed servers at the CBD Belapur facility and stole data linked to YONO 2.0 and RAAS applications; police launch investigation.
The IT Centre
A major cybersecurity breach has been reported at the State Bank of India’s (SBI) Global IT Centre in CBD Belapur, Navi Mumbai, where hackers allegedly gained unauthorised access to the bank’s servers and stole around 3.75 lakh records.
According to a police complaint, the incident took place between October 9 and October 15, 2026. The stolen data reportedly included 32 CSV files containing approximately 3.75 lakh records linked to SBI’s YONO 2.0 and RAAS applications. Additionally, two JSON files and 2,721 PDF files were allegedly accessed.
The complaint suspects the involvement of an individual or hacking group operating under the name ‘Siriusim’, along with another unidentified person. It has also been alleged that the stolen information was circulated on the dark web. SBI official Bhavesh Nehru Nikam filed a complaint at the CBD police station. Police have registered a case against unidentified persons under relevant provisions of the Bharatiya Nyaya Sanhita and the Information Technology Act.
The police are investigating how the hackers accessed the servers, who was responsible for the breach and whether the stolen information was misused. However, the exact nature of the compromised customer data remains unclear. There is no official confirmation yet regarding the theft of bank account numbers, passwords or financial transaction details.
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