Mumbai’s Real Estate Boom: A Developer’s Perspective on Rising Property Registrations

Mumbai’s real estate market is booming, with record property registrations fueled by favorable government policies, evolving buyer preferences, and strategic developer initiatives. In Q3 2024, the Mumbai Metropolitan Region (MMR) captured 32% of India’s total real estate market share, driven by strong demand for mid-income and affordable housing in suburban areas like Thane, Navi Mumbai, and Panvel. Developers are adapting by offering attractive festive discounts, virtual property tours, and focusing on modern amenities and improved connectivity to meet the changing needs of homebuyers.

RR Kabel Promoter Shreegopal Kabra and Family Buy Luxury Apartments for ₹198 Crore in Worli

Shreegopal Kabra, the promoter of RR Kabel Ltd, and his family have bought two luxury apartments for ₹198 crore in Mumbai’s exclusive Oberoi Three Sixty West project. Spanning 13,809 sq ft, the high-end units are located on the 62nd floor and include 10 car parking spaces. The deal underscores the growing demand for premium real estate in Mumbai’s upscale neighborhoods.

Manoj Bajpayee Sells Mahalaxmi Apartment for Rs. 9 Crore

Actor Manoj Bajpayee has sold his apartment in Mumbai’s Mahalaxmi area for…