02 Jul 2025

Bollywood actor Randeep Hooda has acquired a 1,530 sq ft apartment in Versova, Andheri West, Mumbai, for INR 5.63 crore. The transaction was registered on June 10, 2025, with stamp duty of INR 33.78 lakh and a registration fee of INR 30,000 paid. This purchase is part of a trend of celebrity real estate investments in Mumbai's luxury market, with other public figures also recently acquiring properties in the dynamic Andheri West area.Read more

01 Jul 2025

Property registrations in Mumbai municipal limits recorded a slight decline for June, closing at approximately 11,600 units, as per data released by Knight Frank India. The final tally reached 11,586 registrations by 8:15 pm on June 30, slightly below the 11,673 units recorded in June 2024. The figures encompass transactions from both the primary and secondary markets, reflecting the overall residential activity within the Brihanmumbai Municipal Corporation (BMC) jurisdiction.Read more

01 Jul 2025

Lodha Palava, through the Palava City Management Association (PCMA), has implemented an integrated and sustainable water management model that ensures 24x7 supply while conserving natural resources. With per capita water use kept to 105 litres daily, significantly below the urban average, the city combines modern technology, full wastewater recycling, extensive rainwater harvesting, and adaptive quarry-based reservoirs to safeguard supply and reduce ecological impact. Its in-house water treatment plants have enabled uninterrupted service even during extended regional outages, collectively saving residents an estimated INR 2.5 crore by eliminating the need for tanker procurement.Read more

01 Jul 2025

The Delhi Development Authority has announced a new residential plot auction for 118 plots in Sector D6, Vasant Kunj, a premium south Delhi locality developed by the agency in 2010. The move is part of a larger initiative to upgrade internal infrastructure and resolve long-standing parking issues. A specialised agency will be hired to demarcate plots and revamp roads, stormwater drains, and pipelines. Additionally, surface parking will be constructed for around 1,904 flats across four blocks. The entire project is expected to be completed within a year of awarding the contract and will follow strict CPWD and environmental norms.Read more

01 Jul 2025

India's office leasing market has picked up pace in the first half of 2025, led by co-working operators who leased 6.5 million sq ft across seven major cities-a 48% jump from last year. This reflects growing demand for flexible, managed workspaces as companies look for cost-effective and scalable solutions. Despite this shift, traditional leasing remains significant. Overall, gross office leasing rose 13% year-on-year to 33.7 million sq ft. Experts note that flexible spaces are becoming central to corporate strategies, with strong demand from tech firms setting up Global Capability Centres. New Grade A office supply continues to attract both domestic and global occupiers.Read more

01 Jul 2025

CREDAI-MCHI supported Design POV 2025, held at Jio World Convention Centre from June 27-29, joining conversations on design, innovation, and urban development. A key panel on June 27, moderated by Dr. Harshul Savla, explored breaking myths around affordable housing and design. Speakers highlighted that modern luxury is about natural light, ventilation, spatial comfort, and well-being, not just expensive finishes. They advised against maximizing FSI at the cost of quality and emphasized the role of sustainability and wellness features like rainwater harvesting and efficient ventilation. Panelists stressed using data tools to align with market needs and balancing affordability with thoughtful, community-focused design.Read more

01 Jul 2025

Bollywood actor Jeetendra Kapoor and daughter Ekta Kapoor have sold their apartment in Mumbai's Omkar 1973 Worli project for INR 12.25 crore, or about INR 57,000 per square foot. The 2,149 sq ft flat includes two parking spaces and was officially registered on June 8, 2025. The Kapoors had bought it in 2017 for INR 11.52 crore. Omkar 1973 is a luxury residential project that has faced legal hurdles, including a stay order on new flat sales due to pending rent disputes with displaced residents. Despite this, resale activity continues. As of late 2021, less than half of the project's 136 launched apartments have been booked.Read more

30 Jun 2025

Around 100 homebuyers at RG Luxury Homes in Greater Noida West finally received their property registries during a special on-site registration camp held over the past few days. The housing project, originally launched in 2010, had come to a halt in 2016 due to financial distress and was admitted to the NCLT in 2019. It was revived in 2020 through a rare reverse insolvency resolution process, allowing the original promoter to resume work under the court-appointed insolvency professional. More than 1,400 flats across seven towers have now been issued occupancy certificates, and the remaining two towers are nearing completion.Read more

30 Jun 2025

Housing sales in Delhi-NCR rose 16% year-on-year this quarter, crossing 11,700 units, according to PropEquity. The surge was driven by strong luxury housing demand and new project launches, especially in Ghaziabad and Greater Noida. DLF's Privana North in Gurugram sold out 1,164 units worth INR 11,000 crore in one quarter, while Prestige Group launched over 3,400 units in Indirapuram. Developers like Signature Global, Smartworld, Sobha, and Tribeca also saw brisk sales. Experts say younger buyers in Gurugram are driving luxury demand, while improved infrastructure and expanding inventory in affordable segments have kept the region resilient compared to other metro markets.Read more

29 Jun 2025

JP Morgan has signed a 10-year lease for 1.16 lakh sq. ft. of office space in a newly built tower at Mumbai's Bandra Kurla Complex (BKC), developed by Sumitomo's Goisu Realty. The deal, valued at INR 6.91 crore in monthly rent with 15% escalations every three years, includes a INR 62.23 crore security deposit. The new space, spanning two floors, will serve as the bank's front office from October 2026. BKC, a key BFSI hub, continues to attract top firms-Tesla also recently leased showroom space nearby. Sumitomo is expanding rapidly in Mumbai, with major property acquisitions in Worli and Lower Parel.Read more