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Mumbai Real Estate

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MHADA

MHADA to Build 8 Lakh Homes in 5 Years Under Affordable Housing Plan

MHADA will construct 8 lakh affordable homes by 2030, aligning with NITI Aayog’s recommendations. Deputy CM Eknath Shinde announced the plan during a housing lottery event in Thane, where 2,147 homes and 117 plots were allotted. The government is also introducing a new housing policy, focusing on rental housing, hostels, and redevelopment projects to expand affordable housing options.
Sunny Leone Pic Credit Twitter

Sunny Leone Buys Office Space in Mumbai’s Oshiwara for ₹8 Crore

Actress and entrepreneur Sunny Leone has purchased an office space in Mumbai’s Oshiwara for ₹8 crore, according to property registration records. The 1,904 sq. ft. property is located in Veer Signature, a commercial project by Veer Group. The transaction was registered in February 2025, with Leone paying ₹35.01 lakh in stamp duty and ₹30,000 in registration charges. The property, bought from producer Anand Pandit’s Aishwarya Property and Estates, includes three car parking spaces. Veer Signature has also attracted other Bollywood stars, including Amitabh Bachchan, Ajay Devgn, and Kartik Aaryan.
Subhash Ghai has leased a 7,500 sq. ft. commercial property in Mumbai’s Andheri West for a total rental income of ₹2.24 crore over five years, as per documents

Subhash Ghai and Wife Mukta Ghai Buy ₹24 Crore Luxury Apartment in Mumbai’s Bandra

Bollywood director Subhash Ghai and his wife Mukta Ghai have purchased a luxury apartment in Bandra West, Mumbai, for ₹24 crore. Located in the upscale 81 Aureate project, the 4 BHK flat spans 5,239 sq. ft. and includes three car parking spaces. The transaction, registered on February 3, 2025, incurred a stamp duty of ₹1.44 crore. Bandra’s prime location and connectivity continue to attract celebrities, with Sonakshi Sinha also recently selling an apartment in the same building for ₹22.50 crore.
Sonakshi Sinha

Sonakshi Sinha Sells Mumbai Apartment for ₹22.50 Crore, Registers 61% Gain from ₹14 Crore Purchase in 2020

Bollywood actress Sonakshi Sinha has sold her Bandra West apartment for ₹22.50 crore, marking a 61% appreciation from her 2020 purchase price of ₹14 crore.
Foreign universities in India could save US$113 billion in forex, serve over 560,000 students and create 19 million sq ft of education real estate demand, says a Deloitte–Knight Frank report.

Mumbai Sees Surge in Property Registrations and Stamp Duty Revenue in January 2025

Mumbai recorded 12,048 property registrations in January 2025, generating ₹974 crore in stamp duty revenue. This marks a 9.86% increase in registrations and a 28.15% rise in revenue compared to January 2024. However, compared to December 2024, registrations dipped by 2.98%, while revenue declined by 14.12%.