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real estate investment

104 posts

Maharashtra Government to Fast-Track MSRTC Bus Depot Development, Invites Developers for 3,360 Acres of Land

The Maharashtra government plans to fast-track the development of MSRTC bus depots across district, taluka, and rural areas, inviting developers to utilize 3,360 acres of land. The government will soon float 150 to 160 tenders for the project. At the NAREDCO NextGen Conclave 2025, discussions covered real estate trends, AI adoption, and urban planning, with experts highlighting the impact of government reforms and tax policies on the sector.
Akshay Kumar

Akshay Kumar and Twinkle Khanna Sell Luxury Worli Apartment for ₹80 Crore

Bollywood superstar Akshay Kumar and his wife Twinkle Khanna have sold their luxury apartment in Worli’s Three Sixty West for ₹80 crore. The 6,830 sq. ft. flat, located on the 39th floor, includes four car parking spaces. The deal was registered on January 31, 2025, with a stamp duty payment of ₹4.8 crore. Akshay originally purchased the property in 2015 for ₹27.94 crore, later selling a portion to Twinkle for ₹32 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.

Godrej Group’s Anamudi Real Estates LLP Acquires ₹80.83 Crore Land Parcel in Juhu

Anamudi Real Estates LLP, a privately held firm of the Godrej Group, has acquired a prime land parcel in Mumbai’s upscale Juhu area for ₹80.83 crore. The transaction, registered in February 2025, includes a built-up structure and highlights Juhu’s enduring appeal among high-net-worth individuals and Bollywood celebrities.
Unsold stock of homes

RBI Cuts Repo Rate by 25bps: A Boon for Homebuyers and the Real Estate Sector

The RBI’s decision to cut the repo rate by 25 bps to 6.25% is a significant boost for the real estate sector. Experts believe this move, coupled with recent tax benefits, will make home loans more affordable, encourage homebuyers, and drive market growth. Industry leaders highlight the positive impact on liquidity, affordability, and overall demand in both residential and commercial real estate.
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.