In a significant move in Mumbai’s commercial real estate sector, JM Financial Products Ltd has secured ownership of a 1.4 lakh square feet commercial space in the Prestige Trade Centre located in Mulund. This transaction, valued at approximately ₹149 crore, was part of a court settlement linked to the restructuring of the project. The deal … Read more
With gleaming high-rises and new developments transforming Mumbai’s skyline, owners of flats in older buildings are facing increasing difficulties when trying to sell their properties—even those priced below market rates. Despite clear legal titles and prime locations, many sellers are encountering cold market responses, highlighting a shift in buyer preferences across the Mumbai real estate … Read more
Mumbai, long hailed as India’s most resilient property market, is showing signs of slowdown. Once considered an unstoppable investment magnet, the city’s real estate sector is now navigating a quieter phase marked by fewer registrations, lower stamp duty collections, and cautious buyers. In May 2025, property registrations in Mumbai dropped by 4% year-on-year, while stamp … Read more
Apple Inc. is setting its sights firmly on Mumbai’s western suburbs with its latest retail expansion. The tech giant has secured a 12,616 sq ft space at Sky City Mall in Borivali East — marking its second store in Maharashtra and fourth across India. This strategic move underscores the rising commercial appeal of Borivali, a … Read more
Apple Inc. is scaling up its retail ambitions in India with a landmark lease agreement in Mumbai’s Borivali suburb. The iPhone maker has secured a 12,616 sq ft ground-floor retail space in the upcoming Oberoi Sky City Mall at an annual rent of ₹2.08 crore, further reinforcing its commitment to the Indian market. This will … Read more
The completion of the 701-km-long Mumbai-Nagpur Samruddhi Expressway marks a significant milestone in Maharashtra’s infrastructure development. Inaugurated on June 5, 2025, by Chief Minister Devendra Fadnavis, this expressway has slashed the travel time between Mumbai and Nagpur from around 18 hours to just eight, revolutionizing connectivity and promising substantial economic and real estate benefits for … Read more
Apple India continues to bolster its retail presence in the Indian market with a new lease agreement for a premium retail space in Mumbai’s bustling Borivali suburb. The tech giant has secured a substantial 12,616 sq ft retail unit in Oberoi Sky City Mall, marking another milestone in its ongoing efforts to increase its footprint … Read more
Mumbai has firmly established itself as a global leader in data center infrastructure, securing the 6th position among 97 cities worldwide in terms of under-construction data center capacity. This ranking comes as a significant milestone for the city, surpassing major data hub cities like London and Dublin. The latest report from real estate consultant Cushman … Read more
Mumbai’s residential real estate market faced a 4% year-on-year (YoY) decline in home registrations in May 2025, marking a slight dip in activity amidst rising property values. According to a report by Nuvama Research, despite the reduction in the number of registered homes, the total value of property transactions increased by 3% YoY, reaching ₹177 … Read more
In a significant move for its Indian expansion, Tesla India Motor and Energy Pvt Ltd has leased 24,565 sq ft of warehouse space in Mumbai’s strategic Kurla area, marking a key step in establishing a robust presence in the country’s growing electric vehicle (EV) ecosystem. The lease deal, worth ₹24.38 crore for a five-year period, … Read more