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real estate investment

81 posts
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.
Shahrukh khan to add two floors in Mannat Annexe

Gauri Khan Sells Dadar Apartment for ₹11.61 Crore, For 37% Profit

Gauri Khan, interior designer and wife of Bollywood superstar Shah Rukh Khan, has sold her luxury Dadar West apartment for ₹11.61 crore. The prime property, located in the upscale Kohinoor Altissimo project, has appreciated by 37% since its purchase in 2022. This sale highlights Mumbai’s booming luxury real estate market.
COMMERZ II-oberoi realty

Zydus Family Trust Acquires Ultra-Luxury Apartment at Mumbai’s 360 West for ₹200 Crore

Zydus Family Trust has made a significant real estate investment by purchasing a luxury apartment at Oberoi 360 West in Worli, Mumbai, for ₹200 crore. The property, located on the 61st floor, spans 17,384 sq. ft. and includes eight car parking spaces.
Godrej Properties

Godrej Properties Limited Acquires Land from CIDCO on a 60-Year Lease in Navi Mumbai for ₹717 Crore

Godrej Properties Limited has acquired three contiguous land parcels in Kharghar, Navi Mumbai, from CIDCO on a 60-year lease for ₹717 crore. The 6.54-acre land is designated for mixed-use residential and commercial development. With Navi Mumbai’s real estate market booming, thanks to the Atal Setu and the upcoming Navi Mumbai International Airport, this move highlights developer confidence in the region’s future growth. Read the full report on this significant land deal.

Historic Laxmi Nivas Bungalow in Malabar Hill Sold for ₹276 Crore

Mumbai’s luxury real estate market has witnessed another landmark deal with the sale of Laxmi Nivas, a historic bungalow on Nepean Sea Road, for ₹276 crore. The iconic property, which once served as a hideout for freedom fighters during the Quit India Movement, has been acquired by Vageshwari Properties Private Limited, an entity linked to Reliance’s Nikhil Meswani. With a prime location, sea views, and redevelopment potential of 45,000 sq. ft., this sale highlights the growing demand for South Mumbai’s ultra-premium real estate.