The Mumbai Metropolitan Region (MMR) is set to experience its most disruptive phase ever—MMR 3.0, which stands for a period of mega infrastructure development initiatives, vertical growth, and a plan to develop a $1.5 trillion economy by 2030.

India's real estate industry has been undergoing a significant transformation since 2025, particularly in MMR.

Mumbai 3.0—often called Third Mumbai—is one of the most ambitious urban transformation plans in India’s modern development history.

The Mumbai Metropolitan Region (MMR) registered the most land transactions among the top seven cities in India in 2025, with more than 500 acres of land being acquired by developers in 32 major transactions.