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16.6 Mn Sq. Ft. of New Mall Space by 2026

India’s retail real estate is witnessing a remarkable resurgence with over 16.6 million sq. ft. of new Grade A mall space expected by 2026 across the top 7 cities. With Hyderabad and Delhi-NCR taking the lead, and 60+ global brands entering the market, demand for organized retail spaces is stronger than ever.

Retail Real Estate Booms in India: 169% YoY Growth in Q1 2025 Leasing Activity

India’s retail sector had a record-breaking start to 2025, with leasing activity soaring 169% year-on-year in Q1. Bengaluru and Hyderabad led the surge, accounting for 60% of leasing volumes. Fashion and domestic retailers dominated the space, while five new malls added 2 million sq. ft. of fresh supply—outpacing all of 2024. With 7 million sq. ft. more mall space expected in the coming quarters, retail real estate is on track for a landmark year.

MHADA Waives Interest for 2005 Lottery Winner; Orders Action in Wrong Allotment Case

During its 11th Lokshahi Din, MHADA addressed two critical citizen grievances. A 2005 lottery winner under the Balkum, Thane scheme received a waiver on delayed interest, while officials were directed to take swift action in a South Mumbai property misallocation case. The session underscored MHADA’s ongoing focus on prompt and transparent governance

ILP 4 India 1 Acquires Prime Kurla Land Parcel for ₹193.5 Crore

In a landmark transaction, ILP 4 India 1 Pvt Ltd acquired a 3.95-acre land parcel in Mumbai’s Kurla for ₹193.5 crore. The site includes existing buildings and is zoned for industrial use under DP 2034. With strong connectivity and rising investor interest, Kurla strengthens its position as a strategic urban growth corridor.

Mumbai Leads India’s Real Estate Market in Q1 2025

Mumbai’s real estate market remained resilient in Q1 2025, with stable cap rates across office, retail, and industrial sectors. Office leasing surged 24% YoY, retail capital values outpaced rents, and industrial demand stayed strong. According to Colliers, Mumbai continues to attract long-term investors amid broader regional caution.