Bengaluru Registers Rs. 15,739 Crore in Residential Transactions in Q3 2024, North Bengaluru Leads Market Activity

Bengaluru’s residential real estate market recorded Rs. 15,739 crore in transactions during Q3 2024, reflecting a slight dip from the previous year. North Bengaluru leads in activity, while developers like Embassy and Prestige Group topped sales value. Despite a decline in total transactions, demand remains strong, driven by infrastructure development and a shift in housing preferences.

Shahid Kapoor Leases His Worli Apartment for Over Rs. 20 Lakh Per Month

Shahid Kapoor has leased his luxurious Mumbai apartment in Three Sixty West to Dipan Bhuptani of D’Decor Home Fabrics for over Rs. 20 lakh per month. The five-year lease agreement, registered in November 2024, features a tiered rental structure and a rent-free period for the first 10 months.

MHADA Lottery: Over 1.34 Lakh Applications Received

MHADA has declared a lottery for 2030 homes in Mumbai, closing applications with over 134,000 received by the September 19 deadline. The lottery, scheduled for October 8, presents applicants with odds of 0.015% for securing a home, highlighting the high demand for affordable housing in the city.

Kangana Ranaut Sells Bandra Bungalow for ₹32 Crore, Earning ₹12 Crore Profit

Kangana Ranaut has sold her Bandra bungalow for ₹32 crore, earning a profit of ₹12 crore. Purchased in 2017 for ₹20 crore, the property faced BMC demolition during the MVA rule but has now been sold to Shweta Bathija of Kamalini Holdings. The deal was registered on September 5, 2024.

Worli Flat Sold for ₹115 Crore

Ashley Nagpal, promoter of Ebco Pvt Ltd, and his wife Bianca have acquired a 7,139 sq ft luxury apartment in Mumbai’s Worli for ₹115 crore. The property, situated in Three Sixty West, saw a final stamp duty of ₹4,55,02,000 after a rebate. The transaction highlights the continued demand for high-end real estate in Mumbai.