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Sonu Sood Sells Mahalaxmi Apartment for ₹8.10 Crore

Actor Sonu Sood has sold his luxury apartment in Lokhandwala Minerva, Mahalaxmi, for ₹8.10 crore, according to IGR Maharashtra records reviewed by Square Yards. The 1,247 sq. ft. property, purchased in 2012 for ₹5.16 crore, reflects a significant rise in South Mumbai’s real estate values.

REIT Share in India’s Office Market May Nearly Double to 30% by 2030

Colliers India predicts that REIT penetration in the country’s office market could nearly double to 25–30% by 2030 from the current 16%. With 500 million sq. ft. of REIT-worthy Grade A offices and growing interest in retail, warehouses, housing, and data centres, REITs are emerging as a key growth driver for Indian real estate.

Possession Dates Are Not Up For Negotiation

In a landmark relief for homebuyers, the Maharashtra Real Estate Appellate Tribunal has stayed a MahaRERA order that overturned refund reliefs, ruling that review powers cannot amend substantive orders. This precedent strengthens homebuyer protections against promoter tactics.

PVR Inox Leases Space in Oberoi Sky City Mall, Borivali, for ₹91.42 Lakh Monthly Rent or 20% Revenue Share

PVR Inox has secured a 15-year lease for a massive retail space in the new Oberoi Sky City Mall in Borivali, with a monthly rent of ₹91.42 lakh or 20% revenue share, whichever is higher.

Registration Extended to Sept 8 for MHADA’s E-Auction of 149 Non-Residential Shops

The Mumbai Housing and Area Development Board has extended the registration and application deadline for its e-auction of 149 non-residential shops to September 8, 2025. The e-auction is scheduled for September 10, with results on September 11.