Enhanced Connectivity and Redevelopment Fuel South Central Mumbai’s Real Estate Boom

South Central Mumbai is experiencing a remarkable real estate transformation, with old buildings making way for luxurious high-rises. Enhanced connectivity from new infrastructure projects, including the coastal road and Metro Line 3, is attracting homebuyers to this historically rich area. As capital values rise and demand for housing increases, South Central Mumbai is emerging as a prime market that offers more than just residences—it’s becoming a desirable lifestyle choice.

Tech Transformations in Indian Real Estate: PropTech Set for 9.6% Growth by 2025

As the Indian real estate sector embraces technological disruption, the rise of PropTech is set to enhance market efficiency and consumer experiences. With projections indicating a 9.6% growth by 2025, innovations in AI, IoT, and blockchain are transforming traditional practices, particularly in urban and semi-urban areas.

Mt. K Kapital Raises Over INR 500 Crore for Maiden Fund, Targets Additional Projects

Mt. K Kapital has successfully raised over INR 500 crore for its maiden fund, targeting key real estate projects in Mumbai. With significant commitments already secured, the fund aims to capitalize on the city’s thriving market, focusing on quick turnaround residential developments in collaboration with Rustomjee Group.

LIG Receives Highest Applications in MHADA Mumbai Board Housing Lottery 2024

The Mumbai Housing and Area Development Board (MHADA) reports an overwhelming response to its 2024 housing lottery, with the Low-Income Group (LIG) receiving the highest number of applications—61,571 for just 627 units. This reflects the persistent demand for affordable housing in Mumbai.

Office Demand Surges with 47 Million Square Feet Leased in First Nine Months of 2024

In Q3 2024, India’s office space demand soared to 17.3 million sq ft, marking a 31% increase year-on-year, bringing total leasing in the first nine months to 47 million sq ft. Bengaluru and Hyderabad drove this growth, with technology and BFSI sectors leading the charge. New supply also surged, reflecting strong developer confidence in the market.