Rockdove Whisky Makers Acquire 10 Flats Worth ₹199.34 Crore in South Mumbai

Hermes Distillery Pvt. Ltd., known for its premium liquor brand Rockdove Whisky, has made a major real estate investment in Mumbai by acquiring ten luxury flats in Marine Lines for ₹199.34 crore. The Prestige Ocean Tower apartments, each spanning 2,482 sq. ft., are part of a growing trend where business leaders invest in South Mumbai’s prime real estate market. With Mumbai’s luxury housing demand soaring, this deal underscores the increasing appeal of high-end residences among corporate buyers.

CREDAI MCHI Announces Palghar-Boisar Property Utsav 2025, Showcasing 3,000+ Properties

CREDAI MCHI is set to host Palghar-Boisar Property Utsav 2025 from April 4-6, bringing 3,000+ properties, 70+ projects, and 50+ developers under one roof. The event offers exclusive deals, on-spot bookings, and financing assistance, making it a must-attend for homebuyers and investors.

Land Parcel Sold in Kamba (Kalyan) for Rs. 130 Crore

Bigdome Infra Private Limited has made a major real estate investment in Kamba, Kalyan-Dombivli, acquiring 68.91 hectares of land for ₹130 crore. This move aligns with the company’s expansion strategy, capitalizing on the region’s infrastructure development and rising investor interest.

Ajmera Realty Secures Redevelopment Project in Andheri West, Targets ₹320 Crore Revenue

Ajmera Realty has been appointed to redevelop the Ascot Co-operative Housing Society in Andheri West, Mumbai. The project, spanning 2,319 sq. mt., is expected to generate ₹320 crore in revenue and add 71,300 sq. ft. of carpet area. This redevelopment aligns with the company’s focus on strategic asset-light acquisitions and strengthening its presence in Mumbai’s micro-markets.

Home Prices Surge Faster Than Rents in Key Indian Cities

New data from ANAROCK reveals that capital values in major Indian cities have risen faster than rental growth between 2021 and 2024. Noida’s Sector-150 led the surge with a 128% increase, while Hyderabad, Bengaluru, and Mumbai Metropolitan Region (MMR) also saw substantial appreciation. Meanwhile, cities like Pune, Kolkata, and Chennai experienced higher rental growth than home price increases, signaling key trends for investors and homebuyers.