Mumbai News Desk

02 Mar 2026

Bollywood actor Shraddha Kapoor has renewed the lease on her premium sea-facing apartment in the Prime Beach building in Juhu, Mumbai, agreeing to pay a monthly rent starting at INR 6 lakh, according to property registration documents reviewed from the Inspector General of Registration (IGR) records. The lease renewal, registered in February 2026, is for a 12-month term, making the total rental value for the period INR 72 lakh. The apartment spans approximately 365 sq metres (about 3,929 sq ft) and includes four dedicated car parking spaces. The renewal follows a prior lease registered in October 2024 and reflects sustained demand for high-end residential rentals in Mumbai's coveted Juhu locality, one of the city's most sought-after neighbourhoods for premium real estate. The agreement attracted a stamp duty payment of INR 36,000 and registration charges of INR 1,000.Read more

02 Mar 2026

Shapoorji Pallonji Real Estate has announced the launch of The Vastion, a low-density luxury residential enclave at Hadapsar Annexe in Pune, comprising 25 residences across 13 villas and 12 villaments. Positioned within a mature mango orchard, the project has been planned with a strong focus on biophilic design, privacy and spatial openness. The development features 4.5 BHK villas with 5,628 sq ft of usable space and 4 BHK villaments ranging between 3,463 sq ft and 3,812 sq ft, offering configurations with private gardens or terraces. Prices start from INR 4.70 crore for villaments and INR 6.61 crore for villas. Located close to Hadapsar and key IT and commercial hubs, the project is aligned with Pune's evolving luxury housing demand.Read more

02 Mar 2026

Morguard Corp has entered a strategic partnership with TD Asset Management, acquiring a USD 1.0 billion stake in a USD 5.0 billion multi-suite residential portfolio. The deal is expected to deliver immediate benefits to Morguard and its residential REIT. The portfolio spans key Canadian markets and adds scale to Morguard's existing residential holdings. The collaboration aims to combine Morguard's operational expertise with TD Asset Management's institutional experience, enhancing portfolio performance and tenant services. This move aligns with Morguard's long-term strategy of growing high-quality residential assets and stabilizing income streams.Read more

01 Mar 2026

The Parel Sewri stretch in central-eastern Mumbai is witnessing a gradual repositioning as a potential luxury residential micro-market, driven by large-scale infrastructure upgrades and land availability. Improved connectivity through the Mumbai Trans Harbour Link, originating near Sewri, has strengthened access to Navi Mumbai, while proposed road and connector projects are set to enhance links with South and Central Mumbai. Parel's established luxury housing ecosystem, shaped by mill land redevelopment, is now converging with Sewri's industrial land parcels, which are beginning to attract residential and mixed-use interest. Industry stakeholders point to the availability of larger plots, infrastructure-led regeneration and waterfront adjacency as factors supporting premium housing formats. The shift reflects a broader eastward expansion of Mumbai's luxury residential landscape beyond traditional western corridors.Read more

Manjunath V, Managing Partner at Aakruthi Properties

01 Mar 2026

Aakruthi develops residential communities that combine natural elements with urban living. Its projects, such as Roots & Rays and the upcoming Svanta, feature well-planned open areas, eco-friendly infrastructure, and essential modern amenities to support a balanced lifestyle. The company incorporates sustainability practices like green landscaping, rainwater harvesting, and self-sustaining ecosystems in its designs. It emphasizes transparent processes and ethical practices to maintain quality. Locations are chosen near key infrastructure and growth corridors to ensure accessibility and potential long-term value for residents and investors.Read more

01 Mar 2026

Mumbai's property investment landscape in 2026 is being shaped by a combination of large-scale infrastructure delivery, expanding transit networks and a growing preference for lifestyle-oriented residential formats. Several micro-markets across the city and its periphery are emerging as key investment destinations, spanning established luxury corridors, evolving commercial-residential hubs and plotted development zones. Locations such as Chembur and Mulund are benefiting from improved regional connectivity, while Panvel's growth is being driven by airport-led infrastructure and integrated township development. Peripheral markets like Karjat are drawing interest for plotted and second-home formats, while western suburbs including Malad and Goregaon continue to see steady demand for premium housing. Together, these markets reflect a broader shift towards connectivity-led, long-term residential investment opportunities across the Mumbai Metropolitan Region.Read more

01 Mar 2026

Kronos Homes has announced the launch of La R serve, a new residential apartment development with an investment value of approximately EUR 60m at Belas Clube de Campo, one of the Lisbon region's established golf-led residential destinations. The scheme will comprise 101 apartments ranging from one to four bedrooms, with unit sizes between 60 sq m and 190 sq m and starting prices from EUR 470,000. Construction is scheduled to commence in Q2 2026, with first completions targeted for Q4 2028. Designed by UNStudio in collaboration with Lisbon-based Capinha Lopes Consulting, the project will emphasise contemporary architecture integrated with the surrounding natural landscape, offering lake and golf course views alongside shared resort-style amenities.Read more

01 Mar 2026

South India-based residential developer Casagrand Premier Builder Limited has expanded its operational footprint in western India with the inauguration of a development office in Mumbai. Located in Lower Parel, the new office is intended to serve as a strategic base for the company's growing focus on Maharashtra, where it already has an ongoing residential project in Pune. The inauguration was attended by Shaina NC and the company's Chairman and Managing Director Arun Mn, along with senior leadership. Casagrand, which has built a portfolio of more than 180 projects across India and Dubai, has traditionally been concentrated in southern markets. The Mumbai office reflects its long-term intent to deepen engagement with western India's real estate ecosystem, including consultants, partners and homebuyers, while strengthening operational execution in the region.Read more

01 Mar 2026

BPTP Limited, through its wholly owned subsidiary Urban Realtech Private Limited, has entered into a joint development arrangement for a residential group housing project on an approximately 11-acre land parcel in Sector 39, Surajkund, Faridabad. The proposed development is expected to offer a potential buildable area of over 2 million sq ft, subject to statutory approvals. Located within an established micro-market, the site benefits from proximity to key infrastructure and connectivity across the NCR. The project will proceed following approvals from the Department of Town & Country Planning, Haryana, and registration under RERA. The move reinforces BPTP's continued focus on Faridabad, where the developer has an established operating presence and sees sustained residential demand supported by infrastructure-led growth.Read more

01 Mar 2026

Brett Lee has relocated to Dubai, purchasing a waterfront residential unit at Breez by Danube, a project developed by Danube Properties. The acquisition, completed in the past week, places the former fast bowler among a growing list of global public figures choosing Dubai as a long-term residential base. The project is located in Dubai Maritime City and comprises fully furnished apartments with access to a range of leisure and wellness amenities. Lee cited lifestyle considerations, safety and long-term investment value as key factors behind the move. The transaction reflects sustained demand for premium waterfront housing in Dubai, particularly from internationally mobile buyers seeking residential stability alongside asset diversification.Read more

01 Mar 2026

Bhagwati Group and Haware Properties have jointly announced the launch of Swarajya a themed residential project in Dombivli near Mumbai, earlier this week, coinciding with the birth anniversary of Chhatrapati Shivaji Maharaj. The project will be marketed and sold by The Guardians Real Estate Advisory and is positioned under the MyFirst Home category, following earlier editions in Shil Phata and Kalyan that together attracted more than 3,000 homebuyers. Conceived as a culturally rooted housing development,Swarajya draws inspiration from the legacy, values and governance philosophy of Chhatrapati Shivaji Maharaj. Alongside the project launch, the developers also unveiled a Swarajya song that has gained significant digital traction across Maharashtra, reinforcing the project's cultural positioning and regional connect.Read more

28 Feb 2026

Casagrand has announced the launch of Casagrand Crestwood, an ultra-luxury gated villa development in Medchal, Hyderabad, marking a new addition to the city's high-end residential supply. Spread across 12 acres, the project comprises 130 five-bedroom villas, with prices starting from INR 2.99 crore. The low-density enclave is planned with a strong emphasis on open spaces, private gardens and large-format villas, alongside a clubhouse and more than 55 indoor and outdoor amenities. Located in Medchal, the development benefits from improving regional connectivity through NH-44 and proximity to the Outer Ring Road, with access to established residential and commercial pockets such as Kompally, Suchitra and Secunderabad. The project is positioned within Hyderabad's expanding northern residential corridor, where infrastructure growth is supporting premium housing demand.Read more

Mr. Vishal Ratanghayra, Founder & CEO, Platinum Corp.

28 Feb 2026

Mumbai-based real estate developer Platinum Corp. has entered into a design collaboration with interior designer Sussanne Khan for a set of upcoming residential developments planned across key micro-markets in Mumbai, including Bandra, Khar, Santacruz and Andheri. The partnership forms part of the developer's 2026 development pipeline and is aimed at integrating interior design planning more closely with architectural and lifestyle-led residential formats. Khan will be involved across shared and private residential spaces, with a focus on understated, experience-driven interiors aligned with Platinum Corp's redevelopment-led luxury housing strategy. The developer stated that the collaboration seeks to deliver consistency in design language across select projects, while retaining functional planning and long-term residential usability within high-density urban locations.Read more

28 Feb 2026

The first phase of Keturah Ardh, a luxury residential land development in Dubai, has been fully sold, with all 558 townhouse plots transacted within six months for a total value of AED 1 billion. The project, located in the Al Rowaiyah First District, is being developed by MAG Group, with fäm Properties acting as the exclusive master agency. The sold inventory comprised freehold luxury townhouse plots spread across 93 planned clusters. The sellout highlights sustained demand for premium residential land in Dubai, particularly approved townhouse plots, which remain among the most limited asset classes in the city's high-end housing market. Infrastructure delivery is scheduled for Q1 2026, followed by construction commencement in Q4 2026, with overall project completion targeted by 2030.Read more

28 Feb 2026

Danube Properties has announced a special 0.5% monthly payment plan to mark the holy month of Ramadan, aimed at improving access to homeownership and real estate investment in Dubai. Unveiled earlier this week, the limited-period scheme is positioned as a customer-focused initiative offering buyers greater payment flexibility for premium residential properties. The developer said the plan reflects its broader approach of aligning commercial offerings with community-oriented values during Ramadan. The offer is open for a defined period and will remain available until the end of the month. Senior management indicated that the initiative is intended to support both end-users and investors seeking manageable entry into the Dubai property market. Danube Properties stated that the scheme builds on its track record of combining structured payment plans with residential projects designed for a wide buyer base, while maintaining its focus on quality delivery and affordability.Read more

27 Feb 2026

Mumbai-based developer Rustomjee Group has announced the launch of Rustomjee Cliff Tower, an ultra-luxury residential project located at the Mount Mary precinct in Bandra, one of the city's most supply-constrained and heritage-sensitive neighbourhoods. The project comprises a limited inventory of 4 BHK, 5 BHK and duplex residences in a low-density tower format, with two homes per floor and semi-private lift lobbies. Designed by Sanjay Puri Architects, the development is positioned at an elevated point overlooking the Arabian Sea, Bandra Bay and the Mumbai skyline. Apartment sizes range from around 2,700 sq ft for 4 BHK units to over 4,300 sq ft for larger configurations. The developer said the project prioritises privacy, spatial efficiency and long-term livability over volume-led development.Read more

27 Feb 2026

The Enforcement Directorate has provisionally attached industrialist Anil Ambani's 17-storey residence 'Abode' in Mumbai's Pali Hill, valued at over INR 3,716 crore, under the Prevention of Money Laundering Act. The action is part of an ongoing probe linked to alleged bank loan fraud involving Reliance Communications Ltd and related entities. With this move, total attachments in the case have crossed INR 15,700 crore. The agency has alleged that the property was placed under a family trust structure, raising questions over asset ownership and liability.Read more

27 Feb 2026

The Centre has approved the construction of 5,000 houses in Manipur under the Pradhan Mantri Awaas Yojana-Gramin (PMAY-G) to rehabilitate families displaced by ethnic violence since May 2023. The decision followed a meeting between Union Rural Development Minister Shivraj Singh Chouhan and Chief Minister N Biren Singh in New Delhi. A special window under the Awaas+ 2024 survey has been opened to identify eligible beneficiaries. The move is part of ongoing efforts to shift internally displaced persons from relief camps to permanent housing.Read more