Rohit Sharma Puts His Mumbai Apartment on Rent for ₹2.60 Lakh Per Month

Indian cricket star Rohit Sharma has put his luxury apartment in Lower Parel, Mumbai, on rent for ₹2.60 lakh per month. The property, located in Lodha Marquise – The Park, was originally purchased in 2013 for ₹5.46 crore and offers a 6% rental yield. Sharma and his father also own another apartment in the same complex, leased out in October 2024. Known for his record-breaking performances on the field, Sharma’s smart real estate investments continue to add to his financial portfolio.

Mumbai Sees 115 Property and 868 Rental Registrations on Day 1 of 2025

On January 1, 2025, Mumbai recorded 115 property registrations and 868 rental agreements by 5 pm, marking a significant start to the year in real estate and rental activities. According to data from the Inspector General of Registration, this surge in registrations reflects a thriving property market and a high demand for rental properties in the city.

Rents Surge 7.4% QoQ Across Major Cities, Rental Yields Increase to 3.62%

Rental prices in major cities across India saw a significant increase of 7.4% quarter-on-quarter (QoQ) between July and September 2024, marking the highest rise in two years. Chennai, Delhi, and Thane led the charge, with sharp rent hikes driven by high demand and limited supply. Meanwhile, rental yields averaged 3.62%, with Ahmedabad recording the highest yield. The report highlights a growing imbalance between rental demand and supply, which is expected to continue influencing prices in the coming quarters.

Top Luxury Housing Markets See Up To 18% Rental Growth in Last 2 Years

Residential rental markets across the top 7 cities have made a strong…

More Rental deals took place in Oct 21 than Oct 20

In the month of October 2021, not just more home sales took…