SBI Acquires Siddhivinayak Enterprises’ Kharadi Building for ₹414 Crore

SBI has taken over the leasehold rights of a 17,101 sq m commercial building on 8,581 sq m amalgamated MIDC plots at Kharadi from Siddhivinayak Enterprises for ₹414 crore.

Sugee Group Enters Thane with 50+ Acre Waterfront Commercial Development

Sugee Group enters Thane with a 50+ acre waterfront commercial development around Siddheshwar Lake in Thane West.

📰 Working in Mumbai Just Got Costlier: Office Rents Jump 11%

Mumbai office rents soared 11% in Q3 2025 — the second-fastest in India — as demand for premium spaces stays strong. With new supply rising and residential sales leading nationally, the city’s real estate market remains red hot.

Railways to Monetise Nearly 20 Acres of Prime Mumbai Land for Over ₹8,092 Crore

The Indian Railways’ Rail Land Development Authority (RLDA) is set to transform Mumbai’s urban landscape by monetizing close to 20 acres of prime railway land in Bandra East, Parel, and Mahalaxmi. This ambitious project, with a targeted value of over ₹8,092 crore, is designed to create a significant non-tariff revenue stream for the railways while injecting a much-needed supply of new commercial and residential properties into Mumbai’s perpetually constrained real estate market. Offered on a long-term, 99-year lease, the initiative aims to attract leading developers through a transparent e-tendering process, signaling a major step in unlocking the value of railway assets for urban growth and infrastructure modernization.

India, Mainland China and Japan Drive 90% of Asia’s Office Leasing in H1 2025

According to a new report by Colliers, India, Mainland China, and Japan were the primary drivers of Asia’s office leasing demand in the first half of 2025, collectively accounting for more than 90% of the total leasing activity.