MUMBAI PROPERTY REGISTRATIONS FALL IN FEBRUARY 2025 AMID MARKET SLOWDOWN

In February 2025, Mumbai saw 12,066 property registrations generating ₹935 crore in stamp duty revenue—up slightly from February 2024 but down compared to January and December figures—indicating a nuanced shift in the market with fewer transactions but higher average values.

Uday Kotak, Family Buys 12 Properties in Worli Building for a Record ₹2.72 Lakh PSF

Uday Kotak and his family have purchased 12 apartments in Worli’s Shiv Sagar Co-op Housing Society for ₹201.88 crore, setting a record price of ₹2.72 lakh per sq ft.

Amitabh Bachchan Sells Duplex Apartment in Mumbai for Rs. 83 Crore

Bollywood legend Amitabh Bachchan has sold his duplex apartment in Oshiwara, Mumbai, for Rs. 83 crore. The high-end property in The Atlantis, spanning over 5,700 sq. ft with a spacious terrace and six car parking spaces, reflects a 168% appreciation since its purchase in 2021. The transaction highlights the robust demand for luxury real estate in Mumbai.

Barnsley FC Chairman Neerav Parekh and Mother Kalpana Parekh Buy Luxury Flats in Mumbai for ₹170 Crore

Barnsley FC chairman Neerav Parekh and his mother Kalpana Parekh have acquired two luxury flats in Mumbai’s Naman Xana for ₹170 crore. The properties, purchased from Karpe Estate Private Limited and Shri Naman Residency Private Limited, boast impressive areas, premium amenities, and significant stamp duty payments.

Blox Acquires Strategic Stake in Guardians,

Blox, India’s leading digital real estate platform, has acquired an 11% stake in Guardians for $12 million, with plans to increase its stake to 50% in the next three years. This acquisition strengthens Blox’s position as India’s largest real estate seller, targeting $10 billion in Gross Transaction Value (GTV) over the next 3-5 years. Combining AI-driven tech with a unique D2C and broker-led B2B2C model, Blox is reshaping how developers, brokers, and buyers interact in India’s booming real estate market.