Browsing Tag

real estate investment

80 posts

Sohail Khan Rents Out Bandra Shop, Set to Earn Over Rs. 10 Crore in 5 Years

Sohail Khan has rented out his commercial shop in Mumbai’s Bandra to The Irish House in a deal worth over Rs. 10.3 crore for 60 months. The space, bought in 2009 for Rs. 3.11 crore, highlights the booming demand for prime commercial real estate in celebrity-favoured locales.
Delhi-NCR’s Luxury Property Market Surges: 34% of Homes Priced Above Rs 10 Crore

Greater Noida Leads NCR with 98% Property Price Jump in 5 Years

Greater Noida has recorded the highest property price growth in NCR, with rates nearly doubling in five years. ANAROCK’s latest report highlights a 98% price surge in Greater Noida and a 51% drop in unsold inventory across NCR, marking a major turnaround in the region’s real estate market. Luxury and ultra-luxury housing now lead new supply trends, replacing affordable housing as the preferred segment.
RBI

RBI Rate Cut Brings Good News for Homebuyers: Lower EMIs

In a major relief for homebuyers, the RBI has reduced the repo rate by 25 basis points to 6%, marking its second consecutive cut. Industry leaders say this move will improve housing affordability, boost buyer sentiment, and encourage new project launches—especially in affordable and mid-income segments.
BKC

MMRDA’s BKC Plot Auction Fetches Record-Breaking Prices: Sumitomo and Brookfield Secure Prime Land

The Mumbai Metropolitan Region Development Authority (MMRDA) has set a new record with its latest land auction in Bandra-Kurla Complex (BKC), fetching prices well above the reserve rate. Sumitomo Corporation acquired two prime plots at ₹4,82,000 per square meter, while Brookfield secured another at ₹3,87,000 per square meter. This historic auction highlights BKC’s growing demand among global investors and reinforces Mumbai’s status as a premier commercial hub.
Maharashtra Government Hikes Ready Reckoner Rates for 2025-26; Property Prices Set to Rise

Maharashtra Government Hikes Ready Reckoner Rates for 2025-26; Property Prices Set to Rise

The Maharashtra government has announced a revision in Ready Reckoner Rates (RRR) for 2025-26, leading to an average hike of 3.89% across the state. Mumbai sees a 3.4% increase, while Thane, Solapur, and other key cities experience sharper hikes. This revision is set to impact property valuations, stamp duty, and registration charges, potentially raising real estate costs for buyers and investors. Industry experts urge a gradual approach to balance market stability and affordability.