Mumbai's Western suburbs including Bandra, Juhu and Andheri logged a 20% rise in luxury apartment sales in Q4-2024, driven by enhanced infrastructure developments and post-pandemic demand for spacious homes.
Duplex and triplex apartments are redefining ultra-luxury living in Mumbai, offering spacious vertical living in prime locations like Worli and Bandra.
Salman Khan owns Gateway Apartment, a luxurious residence in Bandra worth Rs.110 Cr, housing his family and exhibiting exceptional design and amenities.
Bandra Kurla Complex (BKC) is experiencing growth in office space with an expected 2.5 million sq ft addition. Leasing and buying activity has increased and the rent correction appears stabilized.
TATA Housing Development ventures into the Mumbai market with redevelopment projects in premium housing, aiming to bring ethical practices and quality products.
The 2010 India Realty Expo in Dubai, organized by MCHI, saw significant success with 2,847 NRI attendees. Attractive pricing and ready properties drew numerous investors. The expo showcased projects from Mumbai, Bangalore, Goa, and Pune, with strong interest in 2/3 BHK flats.
Real estate firms are engaging in joint developments amid a significant drop in apartment sales and rising inflation, with experts predicting rising land values in select areas.
Mumbai's elite shifting from Malabar Hill to Bandra, with celebrities and business professionals choosing the suburban location.