Shah Rukh Khan’s first-ever property purchase in Mumbai, a sea-facing apartment in the iconic Shree Amrit Society on Carter Road, is set to be redeveloped by the IPO-bound Sri Lotus Developers and Realty Limited. The redevelopment project promises homeowners a substantial 155% increase in apartment area and a massive ₹2,000 crore total development value, making … Read more
India’s largest real estate developer, DLF Ltd, is making a significant foray into Mumbai’s competitive luxury housing market with an ambitious ₹2,500 crore residential project in Andheri. This marks a major milestone for the Gurugram-based firm as it expands beyond its stronghold in North India into the country’s financial capital. A Landmark Launch in Andheri … Read more
As Mumbai’s real estate market faces a surge in unsold inventory and a cooling of housing demand, developers are revamping their sales strategies to attract cautious homebuyers. From flexible payment plans to the latest pricing tactic—scrapping floor-rise premiums—developers are making bold moves to stay competitive. This article explores the evolving trend of “No Floor Rise,” … Read more
In a landmark move reshaping Mumbai’s real estate and rehabilitation landscape, Lodha Developers has executed the city’s largest Slum Rehabilitation Authority (SRA)-linked asset transfer. The developer acquired 945 Permanent Transit Camp (PTC) apartments in Mankhurd for a staggering ₹567 crore. This strategic acquisition not only fulfills compliance obligations for another SRA project in Vikhroli but … Read more
Amid slowing sales and a growing inventory pile-up, Mumbai’s real estate developers are taking bold steps to attract potential homebuyers. From scrapping floor-rise premiums to introducing innovative payment plans, the industry is witnessing a noticeable shift in pricing strategy. Once a staple in high-rise apartment sales, floor-rise premiums are now being waived by many developers … Read more
Veteran actor and filmmaker R Madhavan has leased his premium residence in Mumbai’s Bandra Kurla Complex (BKC) to BP Exploration (Alpha) Limited, formerly British Petroleum, for a monthly rent of ₹6.5 lakh. The agreement adds another highlight to BKC’s ever-expanding real estate prominence, where luxury living meets global commerce. Deal Highlights and Lease Structure Key … Read more
In a major commercial real estate development, IT services giant Wipro Limited has expanded its office presence in Mindspace Business Parks, Airoli, by leasing 3.87 lakh sq ft of premium commercial space. The lease, valued at a monthly rental of approximately ₹2.47 crore, marks a significant boost in Wipro’s long-term growth strategy in the Mumbai … Read more
In a significant move aimed at scaling its Vikhroli township project in Mumbai, Lodha Developers Limited has acquired 945 permanent transit camp (PTC) apartments from Arihant Construction Company. The transaction, valued at ₹567 crore, was registered on June 3, 2025, and involves a built-up area of approximately 3.39 lakh sq ft in the Mankhurd locality. … Read more
India’s leading real estate developer, DLF Ltd., is gearing up to launch its maiden residential project in Mumbai, marking its re-entry into the city after more than a decade. The company has secured approval from the Maharashtra Real Estate Regulatory Authority (MahaRERA) for the first phase of ‘The WestPark’, a premium residential development located in … Read more
In a strong vote of confidence in Mumbai’s high-end residential market, acclaimed Bollywood actor Jaideep Ahlawat and his wife Jyoti Hooda have acquired a second luxury apartment in Mumbai’s upscale Andheri West within the span of a month. The couple’s latest purchase—an apartment worth ₹10 crore—adds to their expanding real estate portfolio in one of … Read more