Mumbai's real estate market anticipates a post-election surge in project launches following the Brihanmumbai Municipal Corporation (BMC) polls on January 15. Experts suggest developers have adopted a wait-and-watch approach pending election results. A recent report indicates a 14% drop in housing sales across India's top seven cities in 2025, with Mumbai seeing an 18% decline. Supply is expected to increase in early 2026, potentially leading to a price war benefiting homebuyers.