News articles tagged Mumbai

Tesla’s Impact on Indian Real Estate: From Homes to Showrooms

Tesla’s India expansion may boost EV-friendly residential developments and reshape commercial real estate with premium showroom leasing strategies – a mixed market shift.

Mumbai's Western Suburbs See 20% Surge in Luxury Apartment Sales

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.

The Growing Potential of SM REITs in India

India's Small and Medium Real Estate Investment Trusts (SM REITs) market is booming, projected to reach $60 billion by 2026. Key cities like Mumbai and Delhi are driving growth, offering stable returns and attracting investors.

Triplexes and duplexes are becoming more common in the ultra-luxury real estate market

Duplex and triplex apartments are redefining ultra-luxury living in Mumbai, offering spacious vertical living in prime locations like Worli and Bandra.

Mumbai Rains: During the monsoon, the walk-in homebuyer’s activity slows down, impacting housing transactions

Mumbai's real estate market experiences a typical monsoon slump, but post-COVID-19, pent-up demand and waterlogging have significantly influenced pricing and transaction volumes.

How come India’s luxury real estate marketing is rebounding?

Forbes India explores luxury real estate trends, driven by high-net-worth individuals and booming equity markets. It showcases opulent homes and architectural innovations.

Why real estate in Mumbai is so desirable to everyone?

Mumbai's real estate market is booming post-pandemic, attracting developers from across India with rising luxury home sales and significant investment opportunities.

Mumbai real estate market: Is it possible to lease a home for two to six months in the city of finance?

In Mumbai, short-term property rentals (2-6 months) are possible but often come with higher costs due to limited availability and landlord premiums.

A subsidiary of Redbrick Offices pays Rs 267.5 crore for 22 office spaces in Mumbai

Red Fox IT Infra LLP, a Redbrick Offices subsidiary, acquired over 87,000 sq ft of office space in Mumbai's Times Square for ₹267.5 crore across two deals, paying ₹8.02 crore in stamp duty.

Why do wealthy Indians own the most real estate in London?

Indian high-net-worth individuals increasingly choose London for real estate investments, drawn by favorable market conditions and educational prospects for their children.

More than 1,500 acres of land that real estate developers have recently acquired through JDAs: a JLL report

JLL reports 56 Joint Development Agreements (JDAs) signed between landowners & developers in India, covering 1,546 acres, with 97% for residential projects, from Jan 2023 to Jun 2024.

Today marks the release of Kalki 2898 AD, starring Amitabh Bachchan, who purchased properties valued at more than Rs 100 crore in the past year

Amitabh Bachchan invested over ₹100 crore in real estate in Ayodhya, Alibaug and Mumbai. Office spaces were purchased in Mumbai's Signature building.

Stamp duty collections increased by 15% while property registrations in Mumbai rose 11% year over year in June 2024

Mumbai's property registrations rose by 11% in June 2024, with a significant increase in stamp duty collections, showcasing the market's resilience and growing buyer confidence.

This is what it will cost you to be neighbors with Sara Ali Khan, Arjun Kapoor and Shatrughan Sinha

A prime property in Juhu Vile Parle Development, Mumbai, is set to be auctioned due to failed payments to State Bank of India and Union Bank of India. The residential building houses Bollywood celebrities like Sara Ali Khan, Arjun Kapoor, and Shatrughan Sinha.

Mumbai real estate: Will the city’s rental growth slow down as remodeled apartments go on the market?

Mumbai's rental market growth, driven by redevelopment projects, is cooling down in 2024. Increased supply of redeveloped homes is stabilizing rents after a surge between 2021 and 2023.

Why are Bengaluru and Mumbai the top destinations for real estate developers?

Developers from Bengaluru and Mumbai increase footprint in each other's cities, driven by growth, sales velocity, and better margins, with some finding lower land prices in Bengaluru attractive.

Goa real estate market: Young professionals are buying more and more villa properties due to the appealing rental yields

Gated villas in Goa are an appealing investment for young professionals due to attractive capital appreciation and rental yields. Prices have seen substantial growth in Grade A and B locations.

Mumbai: Dharavi redevelopment project receives an additional 21 acres

The Maharashtra government has approved transferring a 21-acre plot for Dharavi Redevelopment, aiding slum rehabilitation efforts with enhanced housing standards.

Is the number of wealthy Indians and NRIs investing in real estate in India experiencing an unprecedented rise?

India's luxury real estate market is booming, driven by rising affluent buyers, NRI investments, and demand for large homes, especially in cities like Mumbai and Goa.

Mumbai Real Estate Deal: 360 One founder purchases two luxury apartments for over Rs 170 crore

Karan Bhagat buys two sea-view units in Oberoi Realty’s Three Sixty West for over Rs 170 crore, among other high-end transactions in Mumbai’s luxury market.

DLF to enter Mumbai and Goa this year with luxury homes; more information here

DLF plans to enter Mumbai residential market with flats priced between Rs 6 and 8 crore, and launch 62 villas in Goa priced between Rs 40-50 crore.

Delta Corp. and its partners set up a Rs 765 crore real estate platform for Mumbai redevelopment

Delta Corp is launching a real estate development platform in MMR with an investment of Rs 765 crore, focusing on residential redevelopment and plotted development.

Real estate employment skyrockets

Construction and real estate hiring in India surged 86% between March 2023 and 2024, with Delhi, Bangalore, and Mumbai leading the demand, according to Indeed.

Mumbai’s real estate players predict robust growth within MMR

Mumbai saw 11,504 property registrations in April 2024, generating over INR 1,043 crore in revenue. Real estate developers are optimistic about growth, citing increased demand and infrastructure projects.

Luxury villas in the sky: Mumbai residents are now upgrading to duplex and triplex apartments

Duplex and triplex homes are the new trend in Mumbai, particularly among luxury homebuyers seeking larger properties. Vertical living is gaining popularity over horizontal spreads.