SquareFeatIndia

3979 posts
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.
Subhash Ghai has leased a 7,500 sq. ft. commercial property in Mumbai’s Andheri West for a total rental income of ₹2.24 crore over five years, as per documents

Subhash Ghai and Wife Mukta Ghai Buy ₹24 Crore Luxury Apartment in Mumbai’s Bandra

Bollywood director Subhash Ghai and his wife Mukta Ghai have purchased a luxury apartment in Bandra West, Mumbai, for ₹24 crore. Located in the upscale 81 Aureate project, the 4 BHK flat spans 5,239 sq. ft. and includes three car parking spaces. The transaction, registered on February 3, 2025, incurred a stamp duty of ₹1.44 crore. Bandra’s prime location and connectivity continue to attract celebrities, with Sonakshi Sinha also recently selling an apartment in the same building for ₹22.50 crore.

With Just ₹75,000 in His Bank, Vedanta Founder Anil Agarwal Bought His First Home in Malabar Hill

Vedanta founder Anil Agarwal recently shared an inspiring story about his first home purchase in Mumbai. Despite having only ₹75,000 in his bank account, he refused to settle for a suburban home and instead set his sights on Malabar Hill. His determination led him to buy a 330 sq ft flat in Navranga Apartment, marking a major milestone in his journey. Agarwal’s story is a testament to the power of ambition, proving that with hard work and self-belief, even the biggest dreams can become reality.

Tax Exemption Boosts Housing Demand in Tier 2 Cities, Supply Yet to Catch Up

The recent Union Budget’s income tax exemption for individuals earning up to ₹12 lakh annually is expected to boost demand for affordable housing, particularly in Tier 2 cities. While sales continue to rise, a supply crunch due to fewer new project launches remains a challenge. Experts suggest that reinstating the 100% tax deduction on profits from affordable housing projects under Section 80-IBA could help bridge the gap between demand and supply, ensuring balanced market growth.
Sonakshi Sinha

Sonakshi Sinha Sells Mumbai Apartment for ₹22.50 Crore, Registers 61% Gain from ₹14 Crore Purchase in 2020

Bollywood actress Sonakshi Sinha has sold her Bandra West apartment for ₹22.50 crore, marking a 61% appreciation from her 2020 purchase price of ₹14 crore.

New Tax Exemption on Two Self-Occupied Properties: A Game-Changer for Homebuyers and Investors

The Union Budget 2025 introduces a significant tax exemption, allowing individuals to claim a nil valuation for two self-occupied properties. This move is expected to boost homeownership and real estate investments.