Mumbai Leads India’s Real Estate Market in Q1 2025

Mumbai’s real estate market remained resilient in Q1 2025, with stable cap rates across office, retail, and industrial sectors. Office leasing surged 24% YoY, retail capital values outpaced rents, and industrial demand stayed strong. According to Colliers, Mumbai continues to attract long-term investors amid broader regional caution.

Banker Aditya Puri and Actress Daughter Amrita Puri Buy Rs. 37 Crore Luxury Apartment in Mumbai’s World One Tower

Banking stalwart Aditya Puri and his daughter, actress Amrita Puri, have purchased a Rs. 37 crore luxury apartment in Mumbai’s iconic World One Tower. Located in Lower Parel, the high-profile deal reflects the city’s booming luxury real estate market and positions the Puri family among Mumbai’s elite property owners.

MahaRERA Becomes First in India to Cross 50,000 Housing Project Registrations

MahaRERA has made history by becoming the first and only state real estate authority in India to register over 50,000 housing projects. With 35% of the nation’s total registered housing developments, Maharashtra outpaces Tamil Nadu and Gujarat by a wide margin, reflecting its leadership in regulated real estate growth.

Ajay Devgn Leases Office Space in Mumbai, Set to Earn Over ₹3.3 Crore in 5 Years

Bollywood star Ajay Devgn has leased a premium office space in Mumbai’s Andheri West, set to earn over ₹3.3 crore in five years. The 2,545 sq. ft. unit, rented to Bombay Design Centre, is part of the Signature by Lotus complex. The deal showcases rising investor interest in commercial property and promising rental yields in key Mumbai micro-markets.

Neelkanth Infracon Directed to Compensate Homebuyers for Delay

The Maharashtra Real Estate Appellate Tribunal has dismissed Neelkanth Infracon LLP’s appeal and upheld MahaRERA’s order mandating interest payments to homebuyers for delayed possession of flats in the “Neelkanth Kingdom” project.