49 Homes Above ₹ 100 Crore Sold for ₹ 7,500 Crore in Three Years

India’s ultra-luxury home market is booming, with 49 properties priced above ₹100 crore sold for a staggering ₹7,500 crore in just three years. Mumbai takes the lead with 69% of the deals, while apartments now dominate over bungalows in this elite segment.

Subhash Ghai Sells Two Apartments in Mumbai’s Jogeshwari for ₹11.61 Crore

Veteran Bollywood filmmaker Subhash Ghai has sold two premium residential apartments in Jogeshwari, Mumbai, for a total of ₹11.61 crore. The properties, located in Splender Complex Co-op Housing Society Ltd. and registered under Mukta Tele Arts Private Limited, were officially recorded in March 2025. The sale highlights the rising demand for high-end real estate in Mumbai’s western suburbs, known for their excellent connectivity and accessibility to key commercial hubs.

Maharashtra Government Hikes Ready Reckoner Rates for 2025-26; Property Prices Set to Rise

The Maharashtra government has announced a revision in Ready Reckoner Rates (RRR) for 2025-26, leading to an average hike of 3.89% across the state. Mumbai sees a 3.4% increase, while Thane, Solapur, and other key cities experience sharper hikes. This revision is set to impact property valuations, stamp duty, and registration charges, potentially raising real estate costs for buyers and investors. Industry experts urge a gradual approach to balance market stability and affordability.

Macrotech Developers Alleges Forgery and Fraud by House of Abhinandan Lodha

Macrotech Developers (Lodha) has accused House of Abhinandan Lodha (HoABL) of forgery and fraud, alleging that HoABL fabricated documents and used the Lodha brand name to deceive customers. The alleged scam involved forging a board resolution and a PAN card to market real estate projects in Goa. Macrotech is considering legal action against HoABL.

Mumbai Records 15,501 Property Registrations in March 2025, Generating ₹1,589 Crore in Revenue

Mumbai recorded a significant increase in property registrations in March 2025, with 15,501 transactions generating ₹1,589 crore in stamp duty revenue. This marks a notable rise compared to March 2024 and February 2025, highlighting renewed activity in the city’s real estate market.