Mumbai's luxury real estate market is thriving with Macrotech Developers selling a 15,000 sq ft apartment in Lodha Sea Face for Rs 187 cr. This transaction highlights Worli's appeal due to its prime location and high value.
Mumbai's real estate market is booming post-pandemic, attracting developers from across India with rising luxury home sales and significant investment opportunities.
Mumbai and Gurgaon see significant increases in coworking rental prices, with Mumbai rising by 27% and Gurgaon by 19% over the past four years, according to a MyHQ by Anarock report.
In the Mumbai real estate market, developers are reintroducing 'buy now, pay later' schemes to boost sales amidst excess inventory and increased competition.
Balconies and private terraces are increasingly valued in urban real estate, especially in cities like Mumbai. They offer a blend of nature, relaxation, and privacy. Top floors provide views but heat can be a challenge.
Heavy deposits, also known as zero-rental flats, are gaining popularity in Mumbai. This new trend allows tenants to avoid monthly rents by paying a large security deposit upfront.
The Maha Vikas Aghadi government extends the stamp duty exemption period for investors reselling property, aiming to boost real estate and construction sectors.
Mumbai's residential property prices have increased by 2.9% to Rs. 11,626 per sq. ft. However, property sales have slowed down, with only a marginal increase of 1%.
Connaught Place in New Delhi and Bandra-Kurla Complex (BKC) in Mumbai are listed among the top and most expensive office locations in the Asia-Pacific region, according to Cushman & Wakefield's annual survey.