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Mumbai

Mumbai’s Prime Properties Among 40 Enemy Assets to Be Auctioned on February 13, 2025

The Government of India has announced the e-auction of 40 enemy properties, including high-value real estate in Mumbai’s Colaba, under the Enemy Property Act, 1968. The auction, scheduled for February 13, 2025, will be conducted through MSTC India Ltd. Investors and buyers can participate in the online auction, with properties spanning multiple states, including Maharashtra, Tamil Nadu, West Bengal, and Uttar Pradesh.
  • February 10, 2025
MHADA

MHADA Nashik Board Opens Online Applications for 493 Affordable Homes Under 20% Inclusive Housing Plan

MHADA Nashik Board has launched online applications for 493 affordable homes under the 20% Inclusive Housing Scheme. The application process is open until March 6, 2025, with homes available under both the lottery and first-come, first-served basis.
  • February 9, 2025
Akshay Kumar

Akshay Kumar and Twinkle Khanna Sell Luxury Worli Apartment for ₹80 Crore

Bollywood superstar Akshay Kumar and his wife Twinkle Khanna have sold their luxury apartment in Worli’s Three Sixty West for ₹80 crore. The 6,830 sq. ft. flat, located on the 39th floor, includes four car parking spaces. The deal was registered on January 31, 2025, with a stamp duty payment of ₹4.8 crore. Akshay originally purchased the property in 2015 for ₹27.94 crore, later selling a portion to Twinkle for ₹32 crore.
  • February 8, 2025
Revolutionizing Mumbai’s Real Estate: The Impact of Infrastructure Development on the MMR Landscape

Godrej Group’s Anamudi Real Estates LLP Acquires ₹80.83 Crore Land Parcel in Juhu

Anamudi Real Estates LLP, a privately held firm of the Godrej Group, has acquired a prime land parcel in Mumbai’s upscale Juhu area for ₹80.83 crore. The transaction, registered in February 2025, includes a built-up structure and highlights Juhu’s enduring appeal among high-net-worth individuals and Bollywood celebrities.
  • February 8, 2025
Unsold stock of homes

RBI Cuts Repo Rate by 25bps: A Boon for Homebuyers and the Real Estate Sector

The RBI’s decision to cut the repo rate by 25 bps to 6.25% is a significant boost for the real estate sector. Experts believe this move, coupled with recent tax benefits, will make home loans more affordable, encourage homebuyers, and drive market growth. Industry leaders highlight the positive impact on liquidity, affordability, and overall demand in both residential and commercial real estate.
  • February 7, 2025