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real estate investment

45 posts
Nama Xana, Worli

Sun Pharma’s Vibha Sanghvi Purchases Properties Worth Rs 130 Crore in One Month

Vibha D Sanghvi, a prominent figure from Sun Pharma, purchased two high-value properties worth Rs 130 crore in Mumbai’s Worli area within a month. The two luxury apartments, each valued at Rs 65 crore, were registered in November and December 2024. The properties include premium amenities such as ample parking spaces and expansive living areas. Sanghvi, a female buyer, availed a 1 percent stamp duty concession on both deals, with a total stamp duty of Rs 6.50 crore paid for the transactions.

Mumbai-Based Developer Avighna Acquires Dubai’s Emaar Business Park 3 for Rs. 555 Crore

Avighna Group, a prominent Mumbai-based developer, has acquired Emaar Business Park 3 in Dubai for approximately Rs. 555 crore. This multi-tenanted Grade-A office building on Sheikh Zayed Road strengthens Avighna’s global real estate portfolio and marks its strategic entry into the thriving GCC property market.

Nippon Life India Acquires Premium Commercial Properties in Mumbai for ₹486 Crore

Nippon Life India Asset Management Ltd. has made a significant move in Mumbai’s commercial real estate market by acquiring two office properties in Lower Parel for Rs. 486.03 crore. The acquisition highlights growing demand for Grade-A office spaces in key business districts like Lower Parel, as multinational firms continue to seek premium office spaces in Mumbai.
luxury real estate

29% of Homes Sold in Greater Mumbai Priced Above ₹2 Crore

A recent report revealed that 29% of homes sold in Greater Mumbai are priced above ₹2 crore, highlighting the city’s escalating affordability issues. The research, unveiled at the Excelerate 3.0 event, sheds light on the rising challenges in Mumbai’s real estate market, with key insights on pricing trends, transaction volumes, and inventory levels, while emphasizing the need for regulatory reforms and collaboration to address housing affordability.

Rahul Vaidya Purchases ₹9 Crore Luxury Apartment in Mumbai’s Bandra West

Rahul Vaidya, the Indian Idol Season 1 runner-up, has bought a ₹9 crore apartment in Mumbai’s Bandra West. Located in the exclusive DLH Signature project, the 3,110 sq. ft. residence is part of a growing trend of celebrity real estate investments in the area.