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Mumbai commercial real estate

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India’s flexible workspace market is set for strong growth, with capacity expected to reach 145 million sq ft by FY28, driven by rising demand for hybrid and cost-efficient office solutions.

India Office Market Hits Record High in Q1 2026: 21.5 Million Sq Ft Leasing Signals Strong Growth Despite Global Challenges

India’s office real estate market records its strongest-ever Q1 with 21.5 million sq ft leasing, led by GCCs and tech firms, as cities like Bengaluru and Mumbai drive growth despite global headwinds.
Mumbai’s first multi-billion-rupee real estate deal of 2026 sees a Chandivali office asset sell for ₹559.25 crore. The sellers — firms owned by Tusshar and Jitendra Kapoor — had earlier closed a ₹855 crore land sale within Balaji IT Park in 2025, signalling strong institutional demand for commercial assets.

2026’s First Multi-Billion Deal: Tusshar & Jitendra Kapoor Sell Mumbai Property for ₹559.25 Crore

Mumbai’s first multi-billion-rupee real estate deal of 2026 sees a Chandivali office asset sell for ₹559.25 crore. The sellers — firms owned by Tusshar and Jitendra Kapoor — had earlier closed a ₹855 crore land sale within Balaji IT Park in 2025, signalling strong institutional demand for commercial assets.
HRX Digitech LLP, led by Hrithik and Rakesh Roshan, has acquired four commercial units worth ₹10.90 crore in Andheri West. All properties are located in Yura Business Park Phase 2 and were registered in November 2025.

Rakesh Roshan & Wife Pinkie Roshan Buy Five Commercial Units Worth ₹19.68 Crore in Andheri East, Mumbai

Bollywood filmmaker Rakesh Roshan and wife Pinkie Roshan have invested ₹19.68 crore in five commercial units at Vaidya West World One Aeropolis, Andheri East. Documents reviewed from IGR Maharashtra reveal high-value real estate purchases that highlight Andheri East’s rising commercial appeal.
Listed real estate developers accounted for nearly half of all land deals in India in FY26, signaling strong market consolidation. With better funding access and rising buyer trust, large developers are tightening their grip across metros and emerging cities.

MMRDA Sets Reserve Price at ₹1,629 Crore for 10 FSI Wadala Plot Lease Auction

After BKC’s land bank sells out, MMRDA targets ₹1,629 crore for a prime 10 FSI Wadala plot, drawing on past auction successes like Lodha’s ₹4,053 crore win and recent 40% BKC premiums to fund Mumbai’s metro revolution.
Smartworks signs world’s largest managed office deal at Eastbridge, Mumbai with Hiranandani Group

Smartworks Signs Agreement for the World’s Largest Flexible Workspace Campus at Eastbridge, Mumbai by Hiranandani Group

Smartworks and the Hiranandani Group have partnered for an 8.15 lakh sq. ft. flexible workspace campus at Eastbridge, Mumbai — the world’s largest managed office project, redefining the future of workspaces.