Strata invested Rs 131 crore across three real estate developments: Rs 36 crore in residential in Bengaluru's Whitefield, Rs 65 crore in residential in Sarjapur, and Rs 30 crore in commercial development on Main Linking Road, North Avenue Road, Santacruz West, Mumbai.

Bengaluru recorded 27,055 residential launches in Q1 2026, up 32% year-on-year. Whitefield is a prominent technology and GCC centre; Sarjapur links employment corridors. Mumbai's commercial real estate showed resilience with office rents strengthening and retail leasing activity increasing 1.3 times sequentially in Q2 2026.

India's real estate market grew 24.7% year-on-year in June 2026, with office leasing at record 21.5 million sq. ft. in Q1 2026. Strata CEO Sudarshan Lodha noted Bengaluru's technology ecosystem supports residential demand while Mumbai's commercial markets benefit from tight supply and redevelopment.

Strata previously invested Rs 96 crore across three RERA-approved residential projects in Chennai and Bengaluru. Strata is backed by Elevation Capital, Mayfield, Kotak Investment Advisors and Gruhas.

Ekta World has unveiled The Business District Collection, a groundbreaking commercial real estate initiative worth ₹1,200 crore. The platform focuses on luxury office spaces in Bandra, Khar, and Santacruz West, designed to adapt to changing business demands prioritizing employee convenience and experience. It aims to attract various enterprises in these well-established locales, leveraging Mumbai's ongoing enhancements in transport infrastructure.

Arvind SmartSpaces Limited (ASL), part of Lalbhai Group, announced a society redevelopment project in Santacruz, Mumbai. Project potential: Rs 300 crore with 42,000 sq ft carpet area for sale. This is ASL's entry into the redevelopment segment and first residential apartment project in MMR; second project overall in the region. Located in Santacruz West micro-market. Connectivity: Western Railway line, Western Express Highway proximity, quick access to Chhatrapati Shivaji Maharaj International Airport, east-west linkages via Santacruz-Chembur Link Road, arterial road linking Bandra, Khar, Vile Parle and Andheri. Central location between Bandra-Kurla Complex, residential, commercial and retail hubs supports end-user and rental demand. Managing Director Priyansh Kapoor stated redevelopment offers compelling opportunity and highlights brand strength requirements for society redevelopment projects. With this project, cumulative new business development topline potential for year stands at Rs 3,140 crore.

Anu Malik and his wife Anju sold two premium apartments at Khushi Belmondo in Santacruz West, Mumbai for Rs 14.49 crore. The sale was registered in February 2025, covering 2,515 sq. ft.

Q1 FY27 (April-June 2026) luxury housing transactions (Rs 5 crore and above) in Mumbai: 1,499 registered deals worth Rs 14,903 crore, averaging Rs 164 crore daily transaction value and Rs 10.3 crore average ticket size.

Monthly breakdown:

• April: 563 registrations, Rs 5,726 crore
• May: 435 registrations, Rs 4,492 crore (22.7% volume decline)
• June: 501 registrations, Rs 4,686 crore (15% month-on-month increase; average ticket size fell to Rs 9.4 crore)

June saw stronger activity in entry-level luxury segment (Rs 5 crore-Rs 10 crore range).

Top localities by transaction value:

• Worli: 97 deals, Rs 2,272 crore, Rs 23.4 crore average
• Lower Parel: 81 deals, Rs 769 crore, Rs 9.5 crore average
• Bandra West: 54 deals, Rs 575 crore, Rs 10.6 crore average
• Goregaon East: 46 deals, Rs 552 crore
• Andheri West: 60 deals, Rs 425 crore
• Vile Parle West: 45 deals, Rs 413 crore
• Santacruz West: 44 deals, Rs 364 crore

Highest-value luxury apartment lease: Rs 29.42 lakh monthly at Shandilya Villa, Worli. Cricket player Shreyas Iyer leased K Raheja Artesia, Worli for Rs 19.83 lakh monthly. Actor Siddharth Malhotra leased Nair House, Khar West for Rs 11 lakh monthly.

Data from Maharashtra stamp duty and property registration records, reported by Lighthouse Luxury in partnership with Zapkey.