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Mumbai Property Market

55 posts

Arkade Developers Acquires Filmistan Pvt Ltd for ₹183 Crore; Plans ₹3,000-Crore Luxury Housing Project in Goregaon West

Arkade Developers has acquired Filmistan Pvt Ltd for ₹183 crore, setting the stage to redevelop the 4-acre Filmistan Studios in Goregaon West into a ₹3,000-crore uber-luxury residential project with twin 50-storey towers of spacious apartments and penthouses.
MMR’s housing market showed mixed signals in Q2 2026 with launches jumping 23% to 34,555 units while sales fell 8% to 28,710 units. Mumbai dominated with 65% of new supply and over 70% of absorption as inventory climbed across the region.

MMR Records Highest Home Sales in Q2 2025 Even as India Sees 20% Decline

Despite a 20% dip in India’s housing sales during Q2 2025, Mumbai Metropolitan Region (MMR) held its ground as the country’s largest residential market, recording over 31,000 unit sales. Developers scaled back launches, but luxury and mid-segment homes remained dominant.

Taapsee Pannu Buys Apartment in Goregaon West for ₹4.33 Crore

Taapsee Pannu, known for her powerful roles in Pink and Thappad, has bought a luxury apartment worth ₹4.33 crore in Imperial Heights, Goregaon West. The 1,669 sq. ft. unit comes with two car parks and is part of a high-value residential complex with excellent connectivity and amenities.

Bombay HC GST Relief Verdict Could Unlock Rs. 30,000 Cr Redevelopment Potential in Mumbai

The recent Bombay High Court ruling in the Shrinivasa Realcon case has clarified that GST does not apply to redevelopment projects where no transfer of development rights or FSI occurs. CREDAI-MCHI says this verdict could unlock over ₹30,000 crore worth of stalled redevelopment in Mumbai, urging policymakers to act swiftly on GST clarity to rejuvenate the city’s aging housing stock.
Oberoi Realty

Oberoi Realty Clocks Rs 970 Crore in Bookings for New Goregaon Tower

Oberoi Realty has achieved Rs 970 crore in bookings for its latest launch—Elysian Tower D—at Oberoi Garden City in Goregaon. With premium 3 and 4-BHK residences and a ready urban ecosystem, the project highlights Mumbai’s growing appetite for integrated luxury living.