Rakesh Roshan and Pramila Roshan leased their flat on the second floor of Hiralaya Building, N.S. Road, JVPD Scheme, Mumbai to Asavari Rajopadhye for three years starting August 15, 2026. Lease agreement registered August 24, 2026. Starting monthly rent: ₹5 lakh with 5% annual escalation. Year 1: ₹5 lakh/month (₹60 lakh annual). Year 2: ₹5.25 lakh/month (₹63 lakh annual). Year 3: ₹5.51 lakh/month (₹66.15 lakh annual). Total rent payable: ₹1.89 crore. Security deposit: ₹21.75 lakh. JVPD Scheme is a prominent Mumbai residential pocket with independent bungalows, housing societies and high-end apartment buildings, home to film personalities and celebrities. Recent Roshan family real estate activity: January 2026 - Rakesh Roshan sold 1.09-hectare Pune plot for ₹15 crore. November 2025 - Hrithik Roshan, HRX Digitech LLP, and Pramila Roshan purchased 10 office units in Andheri West for ₹28 crore. November 2025 - Rakesh and Pramila purchased five commercial office units in Andheri for ₹19.68 crore. November 24, 2025 - Sunaina Rakesh Roshan purchased two commercial units in Andheri East for ₹6.42 crore. May 2025 - Hrithik and Rakesh sold three residential apartments in Andheri for ₹6.75 crore.

Youthville inaugurated Youthville Girls' Hostel Juhu 3 in Vile Parle, Mumbai on July 18, 2026. This is Youthville's 11th operational property. The property was inaugurated by Mrs. & Mr. Krishna Kumar Goyal, Chairman & Managing Director of Kohinoor Group, in the presence of founders Vineet Goyal and Rupesh Mittal. Youthville aims to scale to 15,000 operational beds over the next five years across Pune and Mumbai. The new property offers fully furnished AC rooms, daily nutritious meals, high-speed Wi-Fi, housekeeping, laundry services, biometric access, 24x7 security, study zones, and recreational spaces. Located near Mithibai College and NMIMS, the property serves students. Youthville is a premium student housing and coliving brand founded by Vineet Goyal and Rupesh Mittal, backed by Kohinoor Group, offering professionally managed accommodations for students and young professionals.

Court-supervised auction quashed for leasehold rights in 852.50 sq m plot at Vallabhnagar Cooperative Housing Society, JVPD Scheme, Vile Parle (West). Five bidders responded after site inspections in January. Initial bids ranged Rs 85 lakh to Rs 1 crore; Swarnim Gems & Jewelers bid Rs 6.03 crore. Final bidding escalation saw Anay Nayan Shah raise offer to Rs 9.50 crore and Swarnim to Rs 9.75 crore. Justice Madhav Jamdar found bidders left courtroom before final escalation, undermining process sanctity, and noted one bidder stated he intended Rs 15 crore but was told to keep quiet. Judge called valuation report of Rs 64.47 lakh "gross undervaluation" for prime Mumbai property. Court concluded "entire bidding process has been rigged" and affected by syndicate and underbidding. All Rs 10 lakh EMDs forfeited and investment ordered in nationalised bank for six months. Fresh valuation and new auction ordered in accordance with law.

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.

Chandak Group’s month-long outdoor campaign for Chandak Vansham covers 15 premium billboard sites across Mumbai. Executed by Media Buying House, it includes a 3D hoarding with a real swing installation depicting a couple against a home backdrop and the tagline “Celebrate Your Legacy.”

The project is in Vile Parle (West), spans 3.4 acres and offers 3- and 4-BHK residences starting at ₹5.33 crore.