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Mumbai Property Market

49 posts

Maharashtra Government to Fast-Track MSRTC Bus Depot Development, Invites Developers for 3,360 Acres of Land

The Maharashtra government plans to fast-track the development of MSRTC bus depots across district, taluka, and rural areas, inviting developers to utilize 3,360 acres of land. The government will soon float 150 to 160 tenders for the project. At the NAREDCO NextGen Conclave 2025, discussions covered real estate trends, AI adoption, and urban planning, with experts highlighting the impact of government reforms and tax policies on the sector.
Foreign universities in India could save US$113 billion in forex, serve over 560,000 students and create 19 million sq ft of education real estate demand, says a Deloitte–Knight Frank report.

Godrej Group’s Anamudi Real Estates LLP Acquires ₹80.83 Crore Land Parcel in Juhu

Anamudi Real Estates LLP, a privately held firm of the Godrej Group, has acquired a prime land parcel in Mumbai’s upscale Juhu area for ₹80.83 crore. The transaction, registered in February 2025, includes a built-up structure and highlights Juhu’s enduring appeal among high-net-worth individuals and Bollywood celebrities.
Sonakshi Sinha

Sonakshi Sinha Sells Mumbai Apartment for ₹22.50 Crore, Registers 61% Gain from ₹14 Crore Purchase in 2020

Bollywood actress Sonakshi Sinha has sold her Bandra West apartment for ₹22.50 crore, marking a 61% appreciation from her 2020 purchase price of ₹14 crore.
Foreign universities in India could save US$113 billion in forex, serve over 560,000 students and create 19 million sq ft of education real estate demand, says a Deloitte–Knight Frank report.

Mumbai Sees Surge in Property Registrations and Stamp Duty Revenue in January 2025

Mumbai recorded 12,048 property registrations in January 2025, generating ₹974 crore in stamp duty revenue. This marks a 9.86% increase in registrations and a 28.15% rise in revenue compared to January 2024. However, compared to December 2024, registrations dipped by 2.98%, while revenue declined by 14.12%.
Mumbai home sales September 2024 decline

Mumbai Property Market Sees Growth in December 2024, With Higher Registrations and Revenue

Mumbai’s real estate market experienced steady growth in December 2024, with 12,335 property registrations and ₹1,127 crore in revenue, reflecting a 0.4% increase in registrations and a 20.8% rise in revenue from 2023. The number of registrations also rose by 31.8% compared to December 2022, indicating strong recovery and growth post-pandemic. Despite a drop from the high numbers seen in December 2020, the market continues to show resilience with increasing property demand and rising prices.