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Mumbai Real Estate

463 posts

Tesla Signs India’s Most Expensive Auto Showroom Lease in Mumbai’s BKC for ₹23.38 Crore

Tesla has leased 4,000 sq. ft. of showroom space in Mumbai’s Bandra Kurla Complex at a record ₹881 per sq. ft., making it the most expensive auto showroom lease in India. The five-year agreement, valued at ₹23.38 crore, includes a ₹2.11 crore security deposit and a 5 percent annual rent escalation clause. Tesla’s Mumbai showroom in Maker Maxity marks a significant step in its India expansion strategy.
Ekta Kapoor has leased her luxury Juhu apartment for ₹3.16 lakh per month

Ekta Kapoor Leases Luxury Juhu Apartment for ₹3.16 Lakh Per Month

Mumbai’s leading TV and film producer, Ekta Kapoor, has leased out her upscale Juhu apartment for ₹3,16,283 per month. The deal, registered on January 31, 2025, highlights the continued demand for premium real estate in the city. The 1,385 sq. ft. property, located at Krishna 2 (Ekta House), Juhu, has been rented out to businessman Rohit Goyal, further solidifying Juhu’s status as a prime celebrity hub.
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.