SquareFeatIndia

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Varun Singh, is a Senior Journalist who has extensively covered the Real Estate Sector for over one and half decade. His articles, insights, and opinion on the sector are widely read.

Sohail Khan Rents Out Bandra Shop, Set to Earn Over Rs. 10 Crore in 5 Years

Sohail Khan has rented out his commercial shop in Mumbai’s Bandra to The Irish House in a deal worth over Rs. 10.3 crore for 60 months. The space, bought in 2009 for Rs. 3.11 crore, highlights the booming demand for prime commercial real estate in celebrity-favoured locales.

India’s Top Realtor Body Declares War on MagicBricks Over ‘Anti-Broker’ Campaigns

In a dramatic showdown, NAR-India has issued a nationwide directive cutting ties with MagicBricks, accusing the real estate platform of disrespecting and misleading the broker community. The apex body is demanding a public apology, while urging regulators to take action.
Capacit’e Infraprojects Limited wins a ₹220 crore civil construction contract from TenX Realty Limited, a Raymond Group subsidiary, for a high-rise residential project in Bandra (East), Mumbai.

Mumbai Sees 6% Residential Price Surge

Mumbai’s residential prices rose 6% in Q1 2025, leading the national real estate market. According to a real estate research and brokerage firm, despite rising costs, cities like Mumbai, Pune, and Chennai recorded strong sales, driven largely by premium and luxury housing demand.

Mumbai Funnel Zone Redevelopment Eases: Building Height Limit Raised to 18 Metres

The Maharashtra government has raised the maximum permissible height for buildings in the Mumbai Airport funnel zone to 18 meters, easing redevelopment for aging societies and tenanted structures. The move aims to balance aviation safety with urban housing needs.
MHADA

MHADA to Hold Mumbai Lottery for 5,000 Homes

MHADA’s Mumbai Board will conduct a lottery for 5,000 affordable homes around Diwali 2025. The homes, catering to EWS, LIG, MIG, and HIG categories, offer a crucial opportunity for homebuyers struggling with high property prices in Mumbai.