Mumbai’s Residential Market Holds Steady While Office Rentals See Double-Digit Growth in H1 2025

Mumbai’s property market in the first half of 2025 showcased resilience, with office rents jumping 12% year-on-year despite a modest drop in leasing volumes. Residential sales stayed strong at over 47,000 units, supported by infrastructure growth and rising buyer preference for larger homes.

Raheja Universal Achieves Staggering ₹1,726 Crore Sales Milestone at Solaris, Navi Mumbai

Raheja Universal has successfully closed sales on all 956 units of its Solaris residential project in Navi Mumbai’s Raheja District, generating a total of ₹1,726 crore. This significant achievement highlights the demand for well-planned, amenity-rich homes in the rapidly growing Vashi NX micro-market. Following this success, Raheja Universal is now set to launch Lunaris, the next phase of urban-fit homes in the thriving township.

Homebuyer Wins Relief: Developer Ordered to Fix Structural Issues in Flat

A Mumbai homebuyer, Palvinder Singh, has secured a partial victory against developer Mohan Lifespaces LLP, with MahaRERA ordering the rectification of structural defects in his flat. While a refund request was denied due to the timely issuance of the Occupancy Certificate and delayed possession by the buyer, the Authority mandated the developer to fix issues like wall cracks and tile problems within 30 days, upholding Section 14(3) of the RERA Act.

Aatish Kapadia: Man Responsible for Khichdi & Sarabhai Shows Buys a Home for ₹15.31 Crore

Aatish Kapadia, the creative mind behind beloved shows like Khichdi and Sarabhai vs Sarabhai, has purchased a ₹15.31 crore apartment in Goregaon, Mumbai. Known for redefining Indian sitcoms, Kapadia continues to make his mark both on screen and in Mumbai’s luxury real estate market.

Developer Faces Property Attachment for Ignoring MahaRERA Payment Order

In a major win for homebuyers, the Mumbai Collector has issued a notice to attach and auction the properties of Desai Residency Pvt. Ltd. for ignoring a MahaRERA compensation order. Under Section 267 of the Maharashtra Land Revenue Code, authorities can seize movable and immovable assets to recover over ₹42 lakh in dues.