Square Feat India

Realty

MHADA Extends Deadline for Lottery Applications

The Nashik Board of MHADA has extended the deadline for submitting applications for 502 flats under the 20% inclusive housing scheme. Applicants can now apply online until March 20, 2025, with EMD payments accepted until March 21. The lottery draw date will be announced soon. Interested buyers must apply only through MHADA’s official website to avoid fraud.

March 6, 2025

Ekta Kapoor has leased her luxury Juhu apartment for ₹3.16 lakh per month

Realty

Ekta Kapoor Leases Luxury Juhu Apartment for ₹3.16 Lakh Per Month

Mumbai’s leading TV and film producer, Ekta Kapoor, has leased out her upscale Juhu apartment for ₹3,16,283 per month. The deal, registered on January 31, 2025, highlights the continued demand for premium real estate in the city. The 1,385 sq. ft. property, located at Krishna 2 (Ekta House), Juhu, has been rented out to businessman Rohit Goyal, further solidifying Juhu’s status as a prime celebrity hub.

March 6, 2025

A luxury apartment in Juhu's Lodha Avalon project was sold for a record ₹1.08 lakh per square foot, highlighting Mumbai's booming high-end real estate market.

Realty

Juhu Home Sold for ₹1.08 Lakh per Sq Ft

Juhu has witnessed a landmark real estate deal with a 9,863-square-foot luxury apartment selling at an unprecedented ₹1.08 lakh per square foot, bringing the total transaction value to ₹106.52 crore. The buyer, Sahastraa Advisors Pvt. Ltd., led by Paresh Shah and Avni Shah, acquired the unit in Lodha Avalon, an upcoming ultra-luxury project by Macrotech Developers. The MahaRERA completion date for the project is set for September 2028. This sale marks a new benchmark in Mumbai’s high-end real estate market.

March 5, 2025

New home launches dominated sales in India's top 7 cities in 2024

Realty

New Home Launches Dominate Sales in Top 7 Indian Cities in 2024

India’s real estate market is witnessing a major shift, with newly launched homes accounting for 42% of total sales in 2024. Bengaluru and Chennai led with a 53% share of fresh supply absorption, while NCR saw remarkable growth in new project demand. As homebuyers prioritize affordability and future returns, leading developers are driving the trend with strategically located, well-planned projects.

March 5, 2025

Realty

Supreme Court Clears Redevelopment of Bharat Nagar Slum in Bandra

The Supreme Court has ruled in favor of the redevelopment of Bharat Nagar slum in Bandra, dismissing objections raised by certain residents. The judgment confirms that the area qualifies for redevelopment under the Slum Rehabilitation Authority (SRA) regulations. Saarathi Realtors played a significant role in overcoming legal challenges, ensuring that the project can proceed without further delays.