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Mumbai Real Estate

451 posts

Rockdove Whisky Makers Acquire 10 Flats Worth ₹199.34 Crore in South Mumbai

Hermes Distillery Pvt. Ltd., known for its premium liquor brand Rockdove Whisky, has made a major real estate investment in Mumbai by acquiring ten luxury flats in Marine Lines for ₹199.34 crore. The Prestige Ocean Tower apartments, each spanning 2,482 sq. ft., are part of a growing trend where business leaders invest in South Mumbai’s prime real estate market. With Mumbai’s luxury housing demand soaring, this deal underscores the increasing appeal of high-end residences among corporate buyers.
India’s top 10 listed real estate developers are aiming for ₹1.49 lakh crore in bookings in FY2026, with nearly 30% already achieved in Q1. Stronger balance sheets, higher pre-sales, and land buying sprees signal safer options for homebuyers — but also rising consolidation in the sector.

Builders Reintroduce ‘Pay 5% Now, Rest on Completion’ Schemes to Attract Homebuyers

Developers are reviving the “Pay 5% Now, Rest on Completion” scheme to make homeownership more accessible. This move, seen in projects like Chandak Highscape City in Mumbai, aims to attract buyers by reducing the initial financial burden while ensuring investment security.
The "2025 GROHE - Hurun India Real Estate 150" report unveils India's most valuable real estate companies and their leaders. Learn who ranks as the wealthiest real estate entrepreneur, discover the top-performing firms, and understand key trends driving the sector's evolution in this comprehensive overview.

India Leads APAC Real Estate Investments with 88% Growth in H2 2024

India’s real estate sector recorded an 88% year-on-year increase in investments during H2 2024, reaching $3.0 billion. The office sector led with a 47% share, while industrial and logistics accounted for 27%. Mumbai saw the highest inflows, driven by office asset acquisitions. Institutional investments, especially from foreign investors, made up 57% of the total. With economic stability and easing monetary policies, experts anticipate continued growth in 2025, with renewed interest in retail, hospitality, and alternative asset classes.
MICL has launched Avaan Tower 2, India’s tallest ultra-luxury skyscraper at 306 meters in Tardeo. Designed by Hafeez Contractor, it offers opulent residences, breathtaking views, and 55+ world-class amenities, setting new benchmarks in luxury living.

MICL Unveils Avaan Tower 2 – India’s Tallest Ultra-Luxury Skyrise

MICL has launched Avaan Tower 2, India’s tallest ultra-luxury skyscraper at 306 meters in Tardeo. Designed by Hafeez Contractor, it offers opulent residences, breathtaking views, and 55+ world-class amenities, setting new benchmarks in luxury living.
Kolkata’s property market is on the rise. Home registrations jumped 33% in July 2025, with compact flats under 500 sq. ft. driving more than half of sales. South Kolkata led with the highest share, while Rajarhat and Khardaha topped the list of most active locations.

Ajmera Realty Secures Redevelopment Project in Andheri West, Targets ₹320 Crore Revenue

Ajmera Realty has been appointed to redevelop the Ascot Co-operative Housing Society in Andheri West, Mumbai. The project, spanning 2,319 sq. mt., is expected to generate ₹320 crore in revenue and add 71,300 sq. ft. of carpet area. This redevelopment aligns with the company’s focus on strategic asset-light acquisitions and strengthening its presence in Mumbai’s micro-markets.