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.

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 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 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.

Budget 2025: Tax Relief on Two Homes, ₹15,000 Cr SWAMIH Fund & Urban Growth Push Real Estate Forward

The Union Budget 2025-26 brings significant tax relief for homeowners, allowing tax exemptions on two self-occupied properties instead of one. This progressive move enhances homeownership benefits, reducing notional rental tax burdens and making real estate investments more attractive. Additionally, the budget introduces a ₹15,000 crore infusion into the SWAMIH Fund to accelerate stalled housing projects, boosting market confidence. With zero income tax up to ₹12 lakh, middle-class disposable income is set to rise, fueling housing demand. However, industry experts highlight the need for further reforms, including home loan interest deductions and streamlined approval processes, to maximize sectoral growth.