All posts tagged: Mumbai real estate

Raymond Realty launches Thane housing project with ₹2,000 crore revenue potential

Raymond Realty launches Thane housing project with ₹2,000 crore revenue potential

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Raymond Realty has launched a new residential project, Ten X District 9, in Thane near Mumbai. Announced on March 12, the 9-acre development has an estimated revenue potential of around ₹2,000 crore. Raymond Realty has launched a new residential project, Ten X District 9, in Thane near Mumbai, with a revenue potential of ₹2,000 crore. (Picture for representational purposes only) (Gemini Generated Photo) According to the company, the project will combine premium residences, landscaped green spaces, and a retail component within the Mumbai Metropolitan Region (MMR). More than five acres are earmarked for landscaped open areas, aiming to balance urban density with green spaces. The development will primarily offer 2BHK apartments ranging from 600 to 820 sq ft, designed as part of an integrated residential community. “The Ten X District 9 reflects our vision of building integrated ecosystems that anticipate the needs of tomorrow’s homeowners. Thane is no longer just a suburb; it is a premier residential destination driven by massive infrastructure tailwinds. By blending 75+ lifestyle amenities with ‘Park Street’, strong infrastructure, connectivity, and …

Bobby Deol and wife Tania’s firm buys five Mumbai offices for ₹15.05 cr in the same building as Hrithik Roshan’s units

Bobby Deol and wife Tania’s firm buys five Mumbai offices for ₹15.05 cr in the same building as Hrithik Roshan’s units

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Bobby Deol and his wife Tania Deol’s firm, Greenstone Investments Pvt Ltd, has purchased five commercial office units measuring over 3,400 sq ft in Mumbai’s Andheri for around ₹15.05 crore, according to property registration documents accessed by CRE Matrix. Mumbai real estate market update: Bobby Deol and his wife Tania Deol’s firm, Greenstone Investments Pvt Ltd, has purchased five commercial office units measuring over 3,400 sq ft in Mumbai’s Andheri for around ₹15.05 crore. (HT Files) The units are located in the same building where Bollywood actor Hrithik Roshan, his father Rakesh Roshan’s HRX Digitech LLP, and his mother Pramila Roshan’s Filmkunj (Bombay) collectively own 10 office units. According to the documents, the commercial office units have been purchased on the second floor of Yura Business Park – Phase 2, on the Link Road in Andheri West, Mumbai. The 10 office units purchased by the Roshan family are on the third and fourth floors of the same building. Also Read: ₹28 crore”>Roshan family on a property buying spree? Hrithik Roshan’s two firms buy 10 office …

Preity Zinta sells Mumbai’s Bandra apartment for ₹18.5 crore after redevelopment, second sale in four months| Entertainment News

Preity Zinta sells Mumbai’s Bandra apartment for ₹18.5 crore after redevelopment, second sale in four months| Entertainment News

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Bollywood actress Preity Zinta has sold an apartment in Mumbai’s Pali Hill area of Bandra for ₹18.50 crore, according to property registration documents accessed by CRE Matrix. The apartment was allotted to Zinta in April 2025 following the redevelopment of her old building. Mumbai real estate market update: Bollywood actress Preity Zinta has sold an apartment in Mumbai’s Pali Hill area of Bandra for ₹18.50 crore. (HT Files) This marks Zinta’s second apartment sale in the past four months. In November 2025, documents show she sold a 1,474 sq ft apartment on the 11th floor of the Rustomjee Parishram building for over ₹14 crore. Sources close to Zinta had told Hindustan Times Real Estate in December 2025 that she may reinvest the proceeds from the November sale into a new property worth around ₹100 crore in Mumbai’s Bandra area. Also Read:₹14.08 crore”> Mumbai real estate: Preity Zinta sells her apartment in Bandra for ₹14.08 crore In the latest transaction, registered on March 2, 2026, Zinta sold another 1,770 sq ft apartment on the same floor …

UK’s University of York leases 37,602 sq ft office space in Mumbai’s Powai for nearly ₹50 crore for five years

UK’s University of York leases 37,602 sq ft office space in Mumbai’s Powai for nearly ₹50 crore for five years

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UK-based University of York has leased 37,602 sq ft of commercial space in Powai, Mumbai, for a monthly rent of nearly ₹50 crore for a tenure of around five years, according to property registration documents accessed by Propstack. Mumbai real estate update: UK-based University of York has leased 37,602 sq ft of commercial space in Powai, Mumbai, for a monthly rent of nearly ₹50 crore for a tenure of around five years. (Picture for representational purposes only) (Pixabay) The space has been leased from Kairos Properties Pvt Ltd, a Brookfield affiliate, in One Boulevard, a building in the Powai area of Mumbai. The space is located on the third and fourth floors of the building, with a starting monthly rent of ₹75.20 lakh, the documents showed. The space has been leased for five years, and the agreement includes a clause for rent increases of 5 per cent each year. The per-month rent in the second year is ₹78.96 lakh, in the third year ₹82.91 lakh, in the fourth year ₹87.05 lakh, and in the fifth …

DLF Q2 FY26 net profit falls 15% to ₹1,180 crore; sales up six-fold to ₹4,332 crore driven by demand for Mumbai project

DLF Q2 FY26 net profit falls 15% to ₹1,180 crore; sales up six-fold to ₹4,332 crore driven by demand for Mumbai project

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Delhi-NCR-based real estate developer DLF on October 30 reported a nearly 15% decline in consolidated net profit to ₹1,180.09 crore for the second quarter of FY26, compared to ₹1,381 crore in the same period last year, due to lower revenue from operations. However, the company’s sales bookings surged six-fold to ₹4,332 crore, driven by demand for its maiden project launched in Mumbai. Delhi-NCR-based real estate developer DLF on October 30 reported a nearly 15% decline in consolidated net profit to ₹1,180.09 crore for the second quarter of FY26, compared to ₹1,381 crore during the same time last year. (Picture for representational purposes only) (HT Files) The company’s revenue from operations decreased by approximately 20% in Q2 FY26 to ₹1,643.04 crore during the July-September period of this fiscal year, compared to ₹1,975.02 crore during the same period last year. According to the Q2 results, the company’s total income, however, rose to ₹2,261.80 crore from ₹2,180.83 crore during the same period last year. According to the company statement, the company’s sales bookings for the second quarter stood …

Praveer Sinha, CEO and MD of Tata Power, buys a luxury apartment in Mumbai for ₹17.5 crore

Praveer Sinha, CEO and MD of Tata Power, buys a luxury apartment in Mumbai for ₹17.5 crore

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Praveer Sinha, CEO and Managing Director of Tata Power, along with his wife Ritu Ahuja Sinha, has purchased a luxury apartment in Mumbai’s Raheja Modern Vivarea project at Mahalaxmi for ₹17.50 crore, documents accessed by Liases Foras, a non-broking real estate research and data analytics firm showed. Praveer Sinha, CEO and Managing Director of Tata Power, has purchased a luxury apartment in Mumbai’s Raheja Modern Vivarea project. (Photo for representational purposes only) (Pixabay) The agreement, registered on October 27, 2025, lists the consideration value as ₹17.50 crore. The apartment, situated on the 31st floor, features a carpet area of 2,181 sq ft and a balcony area of 78 sq ft, totalling 2,259 sq ft, according to the documents. The property documents showed that the buyer paid a stamp duty of ₹1.5 crore. The sellers of the housing units are K Raheja Corp Real Estate Pvt Ltd and Modern India Ltd. Emails have been sent to both Praveer Sinha and K Raheja Corp Real Estate Pvt Ltd. The story will be updated if a response is …

Amrita Puri Buys Rs37-Crore Luxury Apartment In One Of India’s Tallest Buildings In Mumbai

Amrita Puri Buys Rs37-Crore Luxury Apartment In One Of India’s Tallest Buildings In Mumbai

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Last Updated:May 11, 2025, 21:18 IST Sonam Kapoor’s Aisha co-star Amrita Puri has reportedly purchased a luxury residential apartment in the upscale Lower Parel locality of Mumbai. Read on for details! Amrita Puri was last seen in IC 814: The Kandahar Hijack Bollywood actress Amrita Puri, along with her parents Aditya and Anita Puri, has bought a luxury residential apartment worth a whopping Rs. 37 crore in Mumbai’s Lower Parel, according to property registration documents accessed by Square Yards.  The Puri family’s new apartment is on the 49th floor of Lodha World Towers, which is one of India’s tallest buildings. As per the documents reviewed by Square Yards, Amrita Puri’s luxury apartment has a built-up area of approximately 505.85 square meter (around 5,446.53 square feet) and comes with rights to four designated car parking spaces. The documents show that the apartment was registered on April 30, 2025, and a stamp duty of Rs 2.22 crore and registration fees of Rs 30,000 were paid. Lower Parel is an upscale locality of Mumbai, and is one of …

Mumbai real estate market: Property registrations up 10.3% YoY, Surpass 15,000 mark

Mumbai real estate market: Property registrations up 10.3% YoY, Surpass 15,000 mark

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Mumbai’s real estate market recorded over 15,603 property registrations in March, marking a 10.3% year-on-year (YoY) increase. Stamp duty collections surged by 45% YoY to ₹1,597 crore, reaching their highest-ever monthly levels, driven largely by a rise in high-value transactions, according to IGR data accessed by Knight Frank. Mumbai’s real estate market recorded over 15,603 property registrations in March, marking a 10.3% year-on-year (YoY) increase. (Photo by Punit PARANJPE / AFP) (Representational photo) (AFP) On a month-on-month (MoM) basis, property registrations rose by 29%, while stamp duty collections jumped 71%, making March 2025 the most active month in the past year. The surge reflects strong homebuyer sentiment, stable economic conditions, and large-scale infrastructure development. Residential properties dominated transactions, accounting for 80% of all registrations in March. The impact of high-ticket transactions was evident in daily stamp duty collections, which increased from ₹35 crore in April 2024 to ₹52 crore in March 2025. Despite relatively stable registration volumes, the revenue uptick reaffirms the ongoing trend of a shift towards premium real estate. Daily property registrations also …

Year-Ender 2024: Mumbai real estate market clocks 1.41 lakh property registrations, 11% higher than 2023

Year-Ender 2024: Mumbai real estate market clocks 1.41 lakh property registrations, 11% higher than 2023

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Mumbai’s real estate market is projected to register 1,41,302 property registrations in the calendar year 2024, an 11% increase from the 1,26,937 properties registered in 2023, according to data sourced from the Inspector General of Registration and Controller of Stamps of Maharashtra. Mumbai’s real estate market is projected to register 1,41,302 property registrations in the calendar year 2024, an 11% increase from the 1,26,937 properties registered in 2023 (Picture for representational purposes only)(Mehul R Thakkar/HT) The revenue from property registrations, in the form of stamp duty, stood at ₹12,161 crore- 12% increase from ₹10,871 crore in 2023. According to Knight Frank India, a real estate consultancy firm, of the overall registered properties in the Mumbai real estate market, residential units constitute 80%. In contrast, non-residential assets comprise the remaining 20%. “Mumbai’s property market continues to showcase its resilience and adaptability. The steady rise in registrations and revenue highlights robust demand, especially for premium and spacious homes. In December 2024, Mumbai recorded 12,145 property registrations, reflecting a 23% month-on-month growth. Registrations for the full year (January …

Year-Ender 2024: Paucity of land and the lure of high margins drew developers to cash in on redevelopment in Mumbai

Year-Ender 2024: Paucity of land and the lure of high margins drew developers to cash in on redevelopment in Mumbai

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Redevelopment of old buildings into modern condos with all the amenities that a buyer can dream of was the flavour of 2024. Several listed real estate developers added newer redevelopment projects to their portfolios. So popular was the segment that developers from as far as Bengaluru and now Delhi-NCR decided to cash in on the trend. Mumbai real estate: Redevelopment of old buildings into modern condos with all the amenities that a buyer can dream of was the flavour of 2024. Several listed real estate developers added newer redevelopment projects to their portfolios. (Picture for representational purposes only)(Mehul R Thakkar/HT) Limited greenfield land was available in the financial capital, and the lure of high margins drew developers from across the country to revamp ageing buildings and slums. What is redevelopment? Several old buildings are being redeveloped in Maharashtra, including Mumbai, Pune, and Nagpur. Mumbai’s market predominantly depends on redevelopment for fresh housing supply as land is scarce. In Mumbai alone, around 10,000 old buildings require redevelopment. The Maharashtra Apartment Ownership Act (MAOA) allows for redeveloping …