This Tenant Moved to Mumbai for Film Dreams… Ended Up in Naigaon | The Tenant
Rajat Acharya, a real estate professional and passionate musician, moved from Noida to Mumbai chasing big dreams — but life took an unexpected turn. He now lives in a 1BHK in Naigaon, paying just ₹9,500 in rent. While the price sounds like a steal, the reality is far from ideal. With just 30 minutes of water supply a day, poor road connectivity, no major internet providers, and hour-long waits for rickshaws, Rajat finds himself disconnected from the city he came to be part of. In this episode of The Tenant, Rajat opens up about the compromises he's made, the struggles of living in Naigaon, and why he says Mumbai pushes you into a lonely rat race.
Embassy REIT raises Rs 2,000 crore through 10-year NCD
Proceeds from the first 10-year NCD by a listed REIT to refinance debt
DLF announces sellout of first phase of Mumbai project, revenue potential of Rs 2,300 crore
DLF's maiden Mumbai project, branded as The Westpark, includes 416 apartments across four towers, and first phase of the deal carries a revenue potential of around Rs 2,300 crore.
Puravankara’s big bang Kochi launch part of a 15 msf development pipeline
About 60–75 percent of the company's pipeline is concentrated in the south; cities like Bengaluru, Kochi, Chennai, Hyderabad, Coimbatore, and Goa are expected to see the bulk of the development.
Mindspace REIT acquires Q-City in Hyderabad for Rs 512 crore
The acquisition will take the REIT's Hyderabad holdings to 16 million square feet, and total portfolio to 37.9 million square feet.
Retail sector sees 2.24 msf of leasing in Q2 2025; vacancies drop further
Hyderabad, Mumbai, and Delhi-NCR were the top-performing markets. Collectively, they accounted for over 70 percent of the leasing in the quarter.
Specialty steel maker Mukand's shares up over 10 percent after Rs 673 crore land sale
Mukand plans to invest further in downstream value-added products to strengthen position and is prioritizing special steel for niche applications in aerospace, defense, power, and precision engineering.
Aurum PropTech buys brokerage platform PropTiger for Rs 86 crore from REA India
The cost of the acquisition or the price at which the shares are acquired, is Rs 86.45 crore, the company said.
ABREL reports 61% booking value growth during June quarter, collections rise
This is ABREL's first full quarter as a pure-play real estate firm, with the company, earlier known as Century Textiles and Industries, having sold off its paper and pulp business for Rs 3,498 crore to ITC Ltd in the January-March quarter.
Motilal Oswal Alternates closes sixth realty fund with Rs 2,000 crore raise, eyes offices next
The IREF-VI is significantly larger than MO Alts' previous real estate fund, which closed at Rs 1,200 crore. The current fund announced its first close of around Rs 1,250 crore in February 2024
Lodha, Oberoi Realty see large trades worth Rs 3,400 crore, weighing down realty index by 2.5 percent
Both larges trade weighed down the NSE Realty index by over 2 percent in early, down for a second day, with shares of Oberoi Realty down nearly 4 percent and Lodha Developers' shares down more than 5 percent.
Luxury boom: Mumbai's ultra-luxury homes priced above Rs 10 crore smash record sales of Rs 14,750 crore in H1 2025
Worli retained its lead as the most preferred luxury destination, contributing 22 percent of primary sales value. Other thriving micro-markets included Bandra West, Tardeo, Prabhadevi, and Malabar Hill.
REITs hold 13% of India's Grade-A office stock, record 15% capital growth in last 12 months
According to Cushman & Wakefield, during the 12-month period up to June 2025, all three-office REIT stocks delivered more than 15 percent capital appreciation.
IPO-bound Brigade Hotel eyes 17% revenue growth in FY26, to launch five hotels by FY29
The company has announced its initial public offering with a price band of Rs 85 to Rs 90 per share. The Rs 759.6 crore issue is entirely a fresh offer and will open for subscription on July 24, closing on July 28.
Ahmedabad's commercial ascent: BFSI demand leading to shift towards 'landlord-favourable' market
BFSI, at 56 percent, is followed by IT/ITES sector with 30 percent share in total office leasing, and industrials at 8 percent. Ahmedabad’s total Grade-A office stock currently stands at 30.5 million square feet (msf), with a vacancy rate of 19.6 percent.
Developers adopt new-age tech, sustainable practices to drive India’s green building boom
According to Savills data, there has been a surge in green building certifications, with over 7,000 IGBC certified projects in India, accounting for a total built-up area of around 1,370 msf
Fed up with long travel, this family left Andheri for Vasai | The Tenant
In this episode of The Tenant, meet entrepreneurs Karan and Deep Soni, who made a bold move—from a cramped 585 sq ft flat in Andheri to a spacious 5BHK, 2,200 sq ft apartment in Vasai West.
Tired of spending 5 hours daily commuting between Andheri and Vasai since 2018, they finally relocated closer to their factory—cutting commute time to just 1 hour and gaining a better quality of life.
From living room-sized master bedrooms to hosting 100 people at home, this apartment has it all. But do they miss Mumbai’s hustle? Late-night food joints? Tune in to hear how this decision impacted their business, family life, and peace of mind.
Will look at Mumbai opportunities in "pragmatic" way: DLF after Westpark launch
Despite its stated aim to be a prominent player in Mumbai's real estate marker, DLF's management said at a media roundtable on Thursday that it would still choose pragmatism in securing new projects
CRC Group launches ultra-luxury residential project in Greater Noida with revenue potential of Rs 3,200 crore
The company stated that the project will span seven acres and feature seven towers, each approximately 42 floors or 160 meters in height.
DLF enters Mumbai market with Rs 4.5–8 crore luxury project 'The Westpark' in Andheri West
The project, named The Westpark, is part of a 10 acre slum rehabilitation project. DLF’s partner, Trident Realty, is executing the slum rehabilitation component.
DLF debuts in Mumbai with 'The Westpark' launch on July 17, 'premium' homes for Rs 5.5-7.5 crore
The Gurugram-based real estate firm will launch The Westpark project at the Oshiwara neighbourhood of Mumbai's Andheri suburb.
Housing inventory dips 3% in Q2; top 4 cities hold 79% of unsold stock
According to data from ANAROCK, the Mumbai Metropolitan Region, Hyderabad, the National Capital Region, and Pune collectively hold 79 percent of the total housing inventory in these major markets.
Realty Boom: Certus Capital completes early private credit deal exits worth Rs 250 crore
All the deals, which were in the form of structured credit, were extended to multiple developers in Mumbai, Pune and Chennai. Some of investments were made to take over the debt component of projects from other lenders.
Oberoi Realty-backed consortium picked by lenders for insolvency resolution of Mumbai’s Hotel Horizon
Under the resolution plan, the consortium will pay various creditors a total of Rs 919 crore, although the amount may rise.
