Browsing Tag

luxury real estate Mumbai

3 posts
Uncover why a ₹49.5 lakh parking spot in South Mumbai's Grand Paradi at Kemps Corner costs more per sq ft than a 2BHK flat in Andheri West at ₹30,000, with insights into Mumbai's real estate history and parking struggles.

A Parking Spot in South Mumbai is More Expensive Than a Flat in Andheri

A parking space in South Mumbai’s Grand Paradi sells at ₹33,000 per sq ft, topping a 2BHK in Andheri West at ₹30,000 per sq ft, spotlighting Mumbai’s escalating property values amid historical trends and parking woes.

Puravankara Secures Malabar Hill Redevelopment Project Worth ₹2,700 Crore

Puravankara Limited, through its subsidiary Purva Blue Agate Pvt Ltd, has secured the redevelopment rights for a 1.43-acre society in Malabar Hill. With a development potential of 0.7 million sq. ft. and a GDV of ₹2,700 crore, the project will deliver new luxury homes to existing residents and create premium inventory for sale. This marks Puravankara’s second major South Mumbai redevelopment after Breach Candy’s Miami Apartments, expanding its city portfolio to 4.25 million sq. ft. with a GDV potential of ₹10,500 crore.
Mumbai Real Estate

Will These Three Major Redevelopment Projects Change Mumbai’s Fortune?

Mumbai is on the brink of a major transformation with ambitious redevelopment projects in Dharavi, Kamathipura, and BDD Chawl. These initiatives aim to modernize the city’s infrastructure, improve living conditions, and address historical and social challenges, promising to significantly alter Mumbai’s urban landscape and real estate dynamics.