Browsing Tag
Mumbai Property Prices
5 posts
Get the latest updates and analysis on property prices in Mumbai. This tag covers current trends, price fluctuations, and market forecasts to help you understand the real estate pricing landscape in Mumbai and make informed buying or selling decisions.
Mumbai’s Residential Market Holds Steady While Office Rentals See Double-Digit Growth in H1 2025
Mumbai’s property market in the first half of 2025 showcased resilience, with office rents jumping 12% year-on-year despite a modest drop in leasing volumes. Residential sales stayed strong at over 47,000 units, supported by infrastructure growth and rising buyer preference for larger homes.
MMRDA’s BKC Plot Auction Fetches Record-Breaking Prices: Sumitomo and Brookfield Secure Prime Land
The Mumbai Metropolitan Region Development Authority (MMRDA) has set a new record with its latest land auction in Bandra-Kurla Complex (BKC), fetching prices well above the reserve rate. Sumitomo Corporation acquired two prime plots at ₹4,82,000 per square meter, while Brookfield secured another at ₹3,87,000 per square meter. This historic auction highlights BKC’s growing demand among global investors and reinforces Mumbai’s status as a premier commercial hub.
Mumbai MMR Housing Boom: Sales Value Soars 11%, Transactions Surge 5% in Q4 2024
Mumbai’s housing market continued its upward momentum in Q4 2024, with a significant 11% rise in registered home sales value and a 5% increase in transactions. Led by major developers like Lodha Group and Godrej Properties, the market benefited from growing infrastructure projects and a surge in high-value property investments.
Know How Much your Housing Price will Increase?
A Reuters poll forecasts a 7.8% rise in India’s house prices for 2024, primarily driven by luxury real estate demand. The CREDAI Housing Price Tracker reveals substantial price hikes in Bengaluru, Hyderabad, and Delhi NCR, while Mumbai’s prices remain stable.
