Mumbai Real Estate

Smartworks said in a release that the campus, slated to be the largest tech park in Navi Mumbai, is already attracting interest from marquee clients, due to its location and amenities

Explained: Why developers and housing societies impose excessive transfer charges

While developers are not allowed to impose such charges once a project receives its occupation certificate and once the housing society is formed, investors and sellers said that such charges are commonplace, including from the housing society management committee

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.

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

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.

Watch THIS Before Buying Property in Mumbai| Hottest Micro-Markets To Bet On| Realty Returns

Mumbai’s real estate map is evolving rapidly, thanks to mega infrastructure projects like the Coastal Road, Metro Lines, and Atal Setu. In this episode of Realty Returns, we break down the city’s hottest emerging micro-markets — from Borivali’s record ₹14 Cr sale and 21% price jump, to Vikhroli’s 18% surge driven by Grade-A offices. Chembur, Dahisar, Mira Road, Mahim and Dadar are all seeing renewed interest. But is it time to buy? Our expert analysis shows you where growth meets stability and how to avoid risky over-supplied zones. Watch now to make smarter real estate investment decisions in Mumbai. Catch Nandita Khemka in conversation with Chintan Vasani, Founder Partner at Wisebiz Realty and Joint Treasurer, NAREDCO NextGen India.

The Bandra tenant enjoying the bungalow vibe in a 1BHK home | The Tenant

Step into the world of Pooja Sable, a lawyer living in Bandra—India’s celebrity hub—where she enjoys the charm of a bungalow-style apartment. From Portuguese villas and coffee shops to the ease of commuting via the Coastal Road, find out why she believes there's no place like Bandra! She shares insights on rental agreements, her journey from a ₹16,000/month rental to ₹1 lakh/month, and her next goal—a 2BHK in Bandra. Watch her story in this episode of The Tenant!

Redevelopment Boom in Mumbai?

Mumbai is going through one of its most significant transformations in history with a massive redevelopment boom that is reshaping the skyline. From demolishing old buildings to constructing new, modern high-rises, the city is evolving rapidly. In this episode of Realty Returns, we take you through the world of redevelopment projects, explaining the opportunities they present, how developers are capitalizing on the rising land prices, and what this means for investors and residents. We'll also discuss with Gulam Zia, Senior Executive Director - Research, Advisory, Infrastructure, and Valuation, Knight Frank & Sanjay Dutt, CEO Tata Realty India on How to choose the right developer. Watch and find out! Don’t forget to like, comment, and subscribe for more insights into latest developments and investment opportunities in real estate sector!

Why this Rs 120 crore triplex penthouse in Mumbai is out of reach even for the super-rich

A $14 million penthouse in Mumbai’s financial district is being sold through a rigorous screening process, where potential buyers are evaluated on more than just their finances.

Godrej Properties buys 90-acre land parcel at Raigad, Maharashtra for plotted development

The land is in proximity to the Mumbai Trans Harbour Link and the Mumbai-Pune Expressway, providing excellent connectivity to Mumbai, Navi Mumbai, and Pune. Godrej Properties has been buying land in tier II and tier III locations for plotted development.

Ashar Group sells triplex unit in Pali Hill for Rs 172 cr at Rs 1.81 lakh per sq ft

In a statement, Ashar said it has realised a per square foot rate of Rs 1,81,000 for the transaction, terming it as a "benchmark" in Mumbai's real estate market. The triplex unit is a part of project that is a redevelopment of the late actor Dilip Kumar's residence.

Actress Tamannaah Bhatia rents commercial property in Mumbai for Rs 18 lakh per month

In another transaction, documents accessed by Propstack show that Bhatia mortgaged three properties in Mumbai for Rs 7.84 crore. The properties, sprawling a total of 2595 sq ft, are located in Lokhandwala Complex in Andheri West.

Birla Estates announces sales of Rs 2,500 crore for Silas at Birla Niyaara

Silas at Birla Niyaara features 148 4BHK-5BHK palatial residences, continuing the legacy of luxury set by the first tower, the company said in the statement on May 02.

New players have entered Mumbai real estate market and we welcome their presence: Abhishek Lodha

The real estate firm's MD said that Lodha’s market share in Mumbai is at around 10% and the market share of the top five developers in Mumbai is still in the mid-20s

Mumbai real estate market records 9% rise in property registrations this month

Mumbai real estate update: Most property buyers in April 2024, were millennials or individuals aged 28-43, accounting for 37% of the total share.

MMR records 60,719 home transactions valued at Rs 54,239 crore in Q1CY24; Thane, Dombivali top choices

In MMR, including Mumbai real estate market, micro-markets like Virar West, Ulwe, Kandivali West, and Badlapur East reported around 5,000 residential transactions valued over Rs 2,400 crore.

Real Estate Developers Inflating Pre-Sales Figures: The story behind the numbers

Pre-sales occur when homebuyers reserve a property unit by paying a token amount to the developer. However, the numbers touted by developers often hide a complex reality.

Delayed possession: Homebuyer can take possession and later claim for interest from developer, says Bombay HC

According to the RERA Act, 2016, homebuyers are entitled to a refund/interest if they wish to exit the project where the possession is delayed or where the homebuyer takes possession after delay by the developer

Mumbai: Actors Imran Khan and Lekha Washington rent Karan Johar’s house for Rs 9 lakh per month

Bandra remains a preferred location for celebrities, including actors Shah Rukh Khan, Salman Khan, John Abraham and former cricketer Sachin Tendulkar.

Dosti Realty plans IPO to fund expansion

Dosti Realty Limited, active in the Mumbai real estate market, plans to invest the money raised from the IPO towards business expansion and utilise the money for repaying debt. Its expansion plans include a foray into warehousing.

Mumbai real estate market reports 21% YoY spike in property registrations, stamp duty collections fall 22%

Of the overall registered properties, residential units constitute 80%, the remaining 20% constitute non-residential assets, said said Knight Frank India

Why Buy Now, Pay Later is making a comeback in the Mumbai real estate market?

Experts say primary sales in the Mumbai real estate market have softened in recent months. And the increase in launches over the past two years has led to an oversupply of inventory, prompting developers to push sales via such schemes.

Why 2 BHK on rent is in high demand in the Mumbai real estate market?

After 2 BHK, in the Mumbai real estate market, 1 BHK and 3 BHK are the most sought out of the total demand share. The demand share for apartments above 3 BHK units is mere 7%, according to data from Magicbricks.

Rustomjee to focus on homes with Rs 1-7 crore price tag in Mumbai, says Boman Irani

Mumbai real estate: No plans to foray outside Mumbai - the company said it makes more sense for it to continue expanding its reach, ability and growing in the Mumbai market.

Mumbai real estate sees 21% YoY spike in registrations; 500-1,000 sq ft properties dominate

In terms of revenue from stamp duty, Rs 746 crore was collected in January 2024, eight percent more than Rs 692 crore in January 2023