Mumbai's luxury real estate market reached unprecedented heights in 2025 with a Worli apartment selling at nearly ₹3 lakh per square feet, valued at over ₹600 crore.
Mumbai's residential market shows resilience as compact apartments under 1,000 sq ft capture 82% of July transactions, generating ₹1,101 crore in stamp duty revenue.
Mumbai's ultra-luxury housing market achieved record-breaking ₹14,750 crore sales in H1 2025, marking an 11% YoY surge. Micro-markets like Bandra West (192%) and Tardeo (254%) saw explosive growth in premium properties, with primary sales dominating at 75%.
Homes above ₹5 crore made up 6% of Mumbai’s registrations, up from 5% in 2024, highlighting luxury market vigor amid slower mid-range sales.
South Mumbai's luxury real estate market is experiencing unprecedented demand from HNIs and Bollywood celebrities, with recent high-value transactions highlighting a strong upward trend in premium property acquisitions.
Unsold luxury apartments in Mumbai reach 2,300 units, with prices ranging from Rs 10 crore to Rs 23 crore, as developers adjust to consumer demand.
Maharashtra legislator Vinod Tawde and NCP leaders respond to Supreme Court's stay on Campa Cola housing demolition till May 2014, calling for proper regulations.
South Indian cities are becoming important real estate hubs due to improving transparency and a focus on quality development. Residential markets remain resilient with an affordability mantra.
Piramal Realty acquires Gulita property in South Mumbai from Hindustan Unilever for R452Cr, plans to develop high-end luxury apartments.
Rising real estate rates in Mumbai and other metropolitan cities have led to an increase in rental values, up to 11% in Mumbai. South Mumbai saw a drop, but suburbs experienced significant growth.
The recent terrorist attacks in Mumbai are expected to further depress property prices, especially in South Mumbai, affecting both sales and rentals.
The Maharashtra government aims to sell leased land in South Mumbai, potentially raising significant revenue, despite concerns over the real estate market’s condition.
Orbit Corp Ltd anticipates adding 8-10 billion rupees worth of projects in 2008/09, driven by redevelopment demand in South Mumbai. The developer forecasts 25% revenue growth despite a market slowdown.
Mumbai's elite shifting from Malabar Hill to Bandra, with celebrities and business professionals choosing the suburban location.