Browsing Tag

South Mumbai

10 posts
Foreign universities in India could save US$113 billion in forex, serve over 560,000 students and create 19 million sq ft of education real estate demand, says a Deloitte–Knight Frank report.

Mumbai Redevelopment to Unlock 44,000+ Homes Worth ₹1.3 Trillion by 2030

Mumbai’s housing landscape is set for a major transformation with over 44,000 homes worth ₹1.3 trillion expected through society redevelopment by 2030. Suburban corridors lead with 96% of deals, while the state government eyes over ₹20,800 crore in revenue.
New Roshan Talkies

Govt Seizes, Accused Sells: How ED-Attached Iqbal Mirchi Property Was Illegally Demolished & Sold While Authorities Looked Away

A property once linked to underworld figure Iqbal Mirchi and attached by the ED under PMLA was shockingly demolished and sold off by a private party for ₹15 crore — right under the nose of enforcement agencies. An FIR filed this week reveals the full extent of the illegal sale, exposing glaring failures by the ED and Mumbai Police in safeguarding a high-profile, government-controlled asset.

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.

Viyaara Realty Plans ₹50 Crore Residential Project in Dadar

Viyaara Realty is set to redefine luxury housing with Altiora, a ₹50 crore residential project in Dadar and Shivaji Park. The development will feature 1 and 2 BHK residences with 10.5 ft floor-to-floor height, a feature typically found in larger apartments. With breathtaking waterfront views, world-class amenities, and excellent connectivity, Altiora caters to young professionals, nuclear families, and investors looking for a high-end lifestyle in South Mumbai’s prime real estate market.