Akshay Kumar Sells Mumbai Office Space for ₹8 Crore, Registers 65% Property Appreciation

Bollywood superstar Akshay Kumar has sold his office space in Mumbai’s One Lodha Place for ₹8 crore. The deal, registered in April 2025, reflects a 65% increase from the original purchase price in 2020, highlighting the rising demand for prime commercial real estate in Lower Parel.

India Defies Global Office Rental Slump, Posts Record Growth in Leasing

Despite a global slump in office rentals, India’s commercial real estate market recorded historic growth in 2024, with 70.7 million sq ft leased—its highest ever. Cities like Bengaluru, Hyderabad, and Pune posted double-digit rental growth, driven by robust demand from IT and Global Capability Centers (GCCs), positioning India as a standout performer in the global office space landscape.

Oberoi Realty Reports ₹1,460 Crore Revenue and ₹618 Crore PAT in Q3FY25

Oberoi Realty recorded a strong performance in Q3FY25 with ₹1,460 crore revenue and ₹618 crore PAT, reflecting significant growth in India’s luxury real estate market. The nine-month revenue stood at ₹4,260 crore, up from ₹3,260 crore in the previous year. With a robust pipeline and strategic land acquisitions, the company is well-positioned for sustained growth. Recognized for excellence in sustainability and workplace safety, Oberoi Realty continues to set benchmarks in design and quality.