Mumbai’s Real Estate Market Shows Signs of Stagnation as Property Registrations Plateau

Mumbai’s real estate sector appears stagnant as property registration data for January 2025 reveals minimal growth compared to the same period last year. With just six more registrations than in January 2024 and stable stamp duty collections, the market shows no signs of significant movement or price appreciation.

Barnsley FC Chairman Neerav Parekh and Mother Kalpana Parekh Buy Luxury Flats in Mumbai for ₹170 Crore

Barnsley FC chairman Neerav Parekh and his mother Kalpana Parekh have acquired two luxury flats in Mumbai’s Naman Xana for ₹170 crore. The properties, purchased from Karpe Estate Private Limited and Shri Naman Residency Private Limited, boast impressive areas, premium amenities, and significant stamp duty payments.

Rajiv Bajaj’s Rishabh Family Trust Acquires Land in Pune for Rs. 72 Crore

Rajiv Bajaj’s Rishabh Family Trust has acquired a 1.15-acre land parcel in Pune’s upscale Koregaon Park for Rs. 72 crore. The deal includes a bungalow and outhouse, and was registered in December 2024, showcasing the growing demand for high-end real estate in the region.

Mumbai’s Property Market Shows Resilience with Rising Registration Figures and Revenue

Mumbai’s property market is witnessing a remarkable upswing, with October 2024 recording 12,714 registrations and generating ₹1,187 crore in revenue. This significant growth compared to the previous year highlights a recovering market fueled by favorable economic conditions and increasing buyer confidence. Explore the implications of this trend for both homebuyers and investors in the city.

Homes Sold on Tuesday in Worli for Rs 81.45 Crore

In a notable real estate transaction in Worli, Mumbai, Ruchi Jain purchased two apartments for a total of Rs 81.45 crore. The deals, involving properties in Birla Niyara Phase 2, included ten parking spaces and a stamp duty discount for the buyer.