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.

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.