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Mumbai Real Estate

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A luxury apartment in Juhu's Lodha Avalon project was sold for a record ₹1.08 lakh per square foot, highlighting Mumbai's booming high-end real estate market.

Juhu Home Sold for ₹1.08 Lakh per Sq Ft

Juhu has witnessed a landmark real estate deal with a 9,863-square-foot luxury apartment selling at an unprecedented ₹1.08 lakh per square foot, bringing the total transaction value to ₹106.52 crore. The buyer, Sahastraa Advisors Pvt. Ltd., led by Paresh Shah and Avni Shah, acquired the unit in Lodha Avalon, an upcoming ultra-luxury project by Macrotech Developers. The MahaRERA completion date for the project is set for September 2028. This sale marks a new benchmark in Mumbai’s high-end real estate market.
MahaRERA Order

MahaRERA Clarifies: Possession Without an OC is Not Legally Recognized

MahaRERA has clarified that possession of a property without an Occupancy Certificate (OC) is not legally valid. In a case involving the LEO Group Housing Complex, the regulatory body ruled that homebuyers living in such properties do not hold legal possession. The authority has imposed penalties on the developer and allowed affected buyers to claim compensation for delayed possession.
Rohit Sharma Pic Credit/Rohit's Instagram

Rohit Sharma Puts His Mumbai Apartment on Rent for ₹2.60 Lakh Per Month

Indian cricket star Rohit Sharma has put his luxury apartment in Lower Parel, Mumbai, on rent for ₹2.60 lakh per month. The property, located in Lodha Marquise – The Park, was originally purchased in 2013 for ₹5.46 crore and offers a 6% rental yield. Sharma and his father also own another apartment in the same complex, leased out in October 2024. Known for his record-breaking performances on the field, Sharma’s smart real estate investments continue to add to his financial portfolio.
luxury real estate

Rising Demand for 1 & 2 BHK Luxury Apartments in Mumbai’s Prime Micro-Market

Mumbai’s prime micro-markets, Dadar and Shivaji Park, are witnessing a surge in demand for 1 & 2 BHK luxury apartments. With high resale value, seamless connectivity, and modern amenities, these compact yet premium residences are becoming the preferred choice for professionals and investors
MahaRERA

MahaRERA Orders Refund with Interest in Serenity Project Case, Dismisses Premature Complaints

In a crucial ruling, MahaRERA has directed JVPD Properties Private Limited to refund homebuyers of the delayed Serenity – BLDG 1 project with interest as per Maharashtra RERA Rules. While two complaints were upheld, four were dismissed as premature, including an attempt to hold Xander Finance Pvt. Ltd. responsible for project completion. MahaRERA has given the developer 60 days to comply with the refund order, reinforcing its stance on protecting homebuyers from undue delays.