Year Ender 2024: 5 corporate leaders who invested in the Mumbai real estate market
1 week, 6 days ago

Year Ender 2024: 5 corporate leaders who invested in the Mumbai real estate market

Hindustan Times  

Several corporate honchos bought properties in the Mumbai real estate market in 2024. Wellknown Polyester's CMD buys two luxury apartments in Mumbai's Worli for ₹ 270 crore In April 2024, Macrotech Developers, also known as Lodha Group, sold two apartments in its luxury project Lodha Malabar on Walkeshwar Road, Malabar Hill, one of Mumbai’s posh areas, for ₹270 crore to the chairman and managing director of Wellknown Polyesters Ltd, Anil Gupta, documents accessed by IndexTap showed. RR Kabel's Shreegopal Kabra and family purchase two apartments for ₹ 198 crore in Mumbai's Worli Shreegopal Kabra, promoter of wires and cables manufacturer RR Kabel Ltd, and his family members purchased two apartments worth ₹198 crore in the Worli area of Mumbai in October 2024, according to property registration documents accessed by IndexpTap.com. Nadir Godrej purchases three apartments for ₹ 180 crore in South Mumbai According to documents accessed by Zapkey.com, in June 2024, Nadir Godrej of Godrej Industries was in the news for purchasing three luxury apartments for ₹180 crore in Ruparel House, Malabar Hill, in south Mumbai. Motilal Oswal's top official buys Mumbai apartment for over ₹ 36 crore The Managing director of Motilal Oswal Financial Services Limited, Ashish Sharad Gumashta, in March 2024, had bought a 3416 sq ft apartment in Bandra, Mumbai, for ₹36.19 crore, property registration documents accessed by IndexTap showed.

Real Estate Luxury Mumbai Property Documents 2024 Crore South Mumbai Real Apartments Malabar Hill Property Registration Documents Jhunjhunwala Estate Market Two Apartments Nadir Godrej Shreegopal Kabra  estate  market  corporate  crore  documents  apartments  luxury  mumbai  invested  2024  leaders  malabar  property  real  ender

History of this topic

Real Estate Outlook 2025: 5 most sought-after areas for buying an apartment in the Mumbai Metropolitan Region
6 days, 21 hours ago

Real Estate Outlook 2025: 5 most sought-after areas for buying an apartment in the Mumbai Metropolitan Region

Hindustan Times  

Mumbai real estate market reported over 1.41 lakh property registrations in 2024 and is expected to grow steadily in 2025, according to experts. However, according to the property registration data, western suburbs and central suburbs remain the most sought-after areas for buying an apartment in the Mumbai real estate market, data from Knight Frank India, a real estate consultancy, reveals. …

Year-ender 2024: Residential transactions cross 5.7 lakh mark, property prices jump 60% in 5 years
1 week, 2 days ago

Year-ender 2024: Residential transactions cross 5.7 lakh mark, property prices jump 60% in 5 years

Hindustan Times  

The Indian residential sector clocked 5.77 lakh property transactions in 2024, up by 4% from 5.56 lakh in 2023. Mumbai recorded the highest number of residential transactions worth ₹1.6 lakh crore with over 1.3 lakh units. Bengaluru and Pune followed with ₹0.6 lakh crore of residential transactions with 0.8 lakh and 1 lakh units, respectively. Western India dominated residential transactions …

Year-Ender 2024: Top 5 Bollywood stars who invested in the Mumbai real estate market
1 week, 5 days ago

Year-Ender 2024: Top 5 Bollywood stars who invested in the Mumbai real estate market

Hindustan Times  

Mumbai's real estate market was in the news in 2024 for Bollywood property deals. In 2024, Amitabh Bachchan invested over ₹76 crore in the Mumbai real estate market, while Abhishek Bachchan invested over ₹30 crore, according to data sourced from Square Yards. Shahid Kapoor and wife Mira Kapoor Bollywood actor Shahid Kapoor and wife Mira Kapoor in May 2024, had …

Year Ender 2024: Top 5 commercial lease deals in the Mumbai real estate market
2 weeks ago

Year Ender 2024: Top 5 commercial lease deals in the Mumbai real estate market

Hindustan Times  

Mumbai's real estate market's office segment reached new heights in 2024, with the per sq ft rental for a commercial office space touching the ₹700 per sq ft market in Bandra Kurla Complex, which is also known as India's costliest business district. IMC India leases commercial office space in Mumbai for ₹ 700 per sq ft In perhaps one of …

Year-Ender 2024: Paucity of land and the lure of high margins drew developers to cash in on redevelopment in Mumbai
2 weeks, 2 days ago

Year-Ender 2024: Paucity of land and the lure of high margins drew developers to cash in on redevelopment in Mumbai

Hindustan Times  

Redevelopment of old buildings into modern condos with all the amenities that a buyer can dream of was the flavour of 2024. Major redevelopment announcements in the Mumbai real estate market in 2024 In 2024, hundreds of old buildings underwent redevelopment in Mumbai. Oberoi Realty announced a redevelopment project in Bandra Mumbai-based listed real estate firm Oberoi Realty announced in …

Mumbai real estate market in 2024: Here are the top 5 land deals worth more than ₹2,500 crore
2 weeks, 2 days ago

Mumbai real estate market in 2024: Here are the top 5 land deals worth more than ₹2,500 crore

Hindustan Times  

Mumbai, the financial capital of India, is the costliest real estate market and a land-starved city. Century Textiles buys 10-acre land in Mumbai from Nusli Wadia for ₹ 1100 crore for real estate development Century Textiles and Industries Limited in September 2024 announced that it has acquired the ownership rights of an approximately 10-acre leasehold land parcel in Worli, Mumbai, …

Yearender 2024: Luxury homes redefine wealth as real estate becomes ultimate status symbol
3 weeks, 1 day ago

Yearender 2024: Luxury homes redefine wealth as real estate becomes ultimate status symbol

India TV News  

The year 2024 marked a significant shift in India’s real estate market, with luxury homes emerging as the ultimate status symbol for the country’s wealthy. Record-breaking deals across cities This year witnessed record-breaking transactions in the luxury real estate market. Several factors are driving the affluent class towards luxury real estate: Wealth growth: The 2024 Hurun Rich List reported a …

Mumbai real estate: Check out these 5 deals priced at ₹100 crore and more in this luxury project in Worli
1 month ago

Mumbai real estate: Check out these 5 deals priced at ₹100 crore and more in this luxury project in Worli

Hindustan Times  

The Mumbai real estate market's luxury segment has been on fire since the pandemic, with luxury apartments worth over ₹100 crore selling like hotcakes. Mumbai real estate market's luxury segment has been on fire since the pandemic, with luxury apartments worth over ₹ 100 crore selling like hotcakes In the last six months, at least five transactions with a price …

Mumbai real estate market: 5 luxury apartment deals that cost ₹100 crore and above
Trending News
1 month, 4 weeks ago

Mumbai real estate market: 5 luxury apartment deals that cost ₹100 crore and above

Hindustan Times  

Mumbai real estate market has witnessed some of the costliest luxury apartment deals across the country of which a few properties have been sold for ₹1.50 lakh per sq ft and above. 1 Apartments sold for ₹ 198 crore in Oberoi’s Three Sixty West project in Worli In a recent transaction, promoter of wires and cables manufacturer RR Kabel Ltd, …

Mumbai’s luxury housing sales up by 8% in H1 2024; touch ₹12,300 crore: Report
5 months, 4 weeks ago

Mumbai’s luxury housing sales up by 8% in H1 2024; touch ₹12,300 crore: Report

Hindustan Times  

Mumbai saw sales of luxury homes, priced ₹10 crore and above, touch ₹12,300 crore during the January to June period which was an 8% increase over the first half of the 2023 calendar year, according to a report by India Sotheby's International Realty and CRE Matrix. Mumbai’s luxury housing sales grew 8% in H1 2024 to touch ₹ 12,300 crore …

Mumbai sells record ₹12,300 cr of luxury homes in Jan-June period as buyers upgrade to bigger apartments
5 months, 4 weeks ago

Mumbai sells record ₹12,300 cr of luxury homes in Jan-June period as buyers upgrade to bigger apartments

Live Mint  

Luxury homes in Mumbai, India's most expensive real estate market, clocked record sales of ₹12,300 crore in the first half of 2024 on the back of growing demand for high-end properties, with Worli cornering more than a third of the purchases. In comparison, about ₹11,400 crore of luxury homes - priced ₹10 crore and above - were sold in the …

Luxury homes priced over ₹4 crore record 10% Y-o-Y growth in Jan-March 2024 across top seven cities
8 months, 1 week ago

Luxury homes priced over ₹4 crore record 10% Y-o-Y growth in Jan-March 2024 across top seven cities

Hindustan Times  

Luxury housing units priced more than ₹4 crore and above recorded a 10% Y-o-Y sales growth during January to March 2024 across seven major cities. Luxury housing units priced more than ₹ 4 crore and above recorded a 10% Y-o-Y sales growth during January to March 2024 across seven major cities. As per the data for sales of housing units …

Luxury homes priced above ₹50 crore and above witness a 1.5X y-o-y increase; Mumbai dominates demand
9 months, 2 weeks ago

Luxury homes priced above ₹50 crore and above witness a 1.5X y-o-y increase; Mumbai dominates demand

Hindustan Times  

Luxury homes priced ₹50 crore and above have seen a surge in sales value from ₹2,859 crore in 2022 to ₹4,319 crore in 2023, an increase by almost 1.5X. Luxury homes priced ₹ 50 crore and above have seen a surge in sales value from ₹ 2,859 crore in 2022 to ₹ 4,319 crore in 2023, an increase by almost …

Mumbai is now among the world's top 10 luxury real estate markets: Knight Frank Wealth Report 2024
10 months, 1 week ago

Mumbai is now among the world's top 10 luxury real estate markets: Knight Frank Wealth Report 2024

Hindustan Times  

Mumbai is now among the top 10 luxury residential markets in the world. The city is ranked at number 8 globally in terms of price growth in luxury housing According to Knight Frank’s The Wealth Report 2024, the value of the Prime International Residential Index has increased by 3.1% in 2023 showcasing solid overall gains. Mumbai’s rank has improved to …

Real estate trends: Why are rich Indians buying luxury properties before the close of the financial year?
10 months, 1 week ago

Real estate trends: Why are rich Indians buying luxury properties before the close of the financial year?

Hindustan Times  

There’s a surge in the number of luxury property deals getting registered across the country just before the financial year comes to an end. The ticket size of these properties range from ₹ 10 crore to more than ₹ 100 crore One of the reasons could be that several investors who have made gains in the financial markets may be …

Mumbai Sees Bumper Growth In Rs 5 Cr Plus Luxury Flats In 2023: Report
10 months, 2 weeks ago

Mumbai Sees Bumper Growth In Rs 5 Cr Plus Luxury Flats In 2023: Report

News 18  

In 2023, nearly 3000 new luxury apartments were sold in Greater Mumbai with an overall value of Rs 38,000 crore. In another report by real estate consultant CBRE, it was found that HNIs are showing keen interest in buying luxury residential properties as sales of homes costing Rs 4 crore and above rose 75 per cent last year across seven …

Mumbai's Luxury Property Market Soars To Unprecedented Heights
11 months, 3 weeks ago

Mumbai's Luxury Property Market Soars To Unprecedented Heights

News 18  

The Indian real estate sector has undergone a significant transformation in recent years, with a spotlight on the flourishing luxury housing segment. Among the major cities, Mumbai has emerged as one of India’s fastest-growing luxury real estate markets. In the first half of 2023, Mumbai’s luxury property market showcased a robust surge in sales, boasting an impressive growth rate of …

Real estate in 2024: Four locations where you might want to put your money in
1 year ago

Real estate in 2024: Four locations where you might want to put your money in

Hindustan Times  

The year 2024 is expected to be all about infrastructure projects shaping homebuying behavior. New metro connectors, expressways and airports - both newly operational or upcoming are likely to dictate how real estate markets perform- both residential as well as commercial. “As infrastructure projects get completed throughout 2024, peripheral areas will become integrated with central and suburban areas, resulting in …

Top 10 property deals: Here’s a look at what Bollywood actors bought and sold in 2023
1 year, 1 month ago

Top 10 property deals: Here’s a look at what Bollywood actors bought and sold in 2023

Hindustan Times  

Top 10 property deals: Here’s a look at what Bollywood actors bought and sold in 2023 Bollywood celebrities were on a property buying and selling spree. This year they invested in real estate for leasing as the annual rental yield was high 1 / 10 In November, actor Amitabh Bachchan and his wife, Jaya Bachchan, bequeathed Pratiksha bungalow, the first …

Mumbai dominates ultra-luxury real estate with 53 homes sold above ₹40 Crore
1 year, 1 month ago

Mumbai dominates ultra-luxury real estate with 53 homes sold above ₹40 Crore

Hindustan Times  

Mumbai: 58 ultra-luxury homes priced above ₹40 crore were sold across seven major cities till November 2023, accumulating a total sales value of ₹4,063 crore. Anuj Puri, Chairman of Anarock Group, noted, “Demand for both luxury and ultra-luxury properties has surged since the pandemic, with HNIs and ultra-HNIs buying such homes for investment, personal use, or both. The upsurge in …

2023: The year of explosive growth for Indian real estate
1 year, 10 months ago

2023: The year of explosive growth for Indian real estate

Firstpost  

In 2023, there will also be an increase in home rates and rental yields. The holiday destinations have posted remarkable growth along with some major cities, which will continue to be the trending The real estate industry had a challenging 2022. Luxury housing market to swell further The luxury real estate market has thrived in the post-pandemic phase and reached …

Top 5 luxury real estate to follow in 2023
1 year, 10 months ago

Top 5 luxury real estate to follow in 2023

The Hindu  

Luxury real estate enthusiasts are curious about what this year holds. When we look at patterns in luxury real estate investment in 2022, high-net-worth individuals, who account for the majority of luxury real estate investors, have been moving to metropolitan regions. Adding to this, Baby Boomers, significantly influence the luxury real estate market. With spacious avant-garde interiors being few of …

Luxury property prices up 8-10%, Delhi NCR, Mumbai top list: Report
1 year, 11 months ago

Luxury property prices up 8-10%, Delhi NCR, Mumbai top list: Report

Hindustan Times  

Prices of luxury properties appreciated by 8-12 per cent during the last year across major cities and has breached the 2015 peak level, according to India Sotheby's International Realty. Delhi's India Gate and Mumbai's Marine Drive In its annual 'Luxury Outlook Survey 2023', India Sotheby's International Realty revealed that 61 per cent of High-Net-worth Individuals and Ultra High-Net-worth Individuals are …

Real Estate Recap: From Luxury Housing to Govt Support, 2021 a Golden Year for Real Estate
3 years ago

Real Estate Recap: From Luxury Housing to Govt Support, 2021 a Golden Year for Real Estate

News 18  

As we move into 2022, the residential real estate industry will continue to pave a new path of growth, innovation, technology, and investments. 2021 – The golden year for residential realty Luxury housing to grow further – In 2021, we witnessed that the luxury homes have been a preference for most buyers. Several dynamics will continue to impact the multiple …

Mumbai expected to see a fall in property prices this year and next
4 years, 8 months ago

Mumbai expected to see a fall in property prices this year and next

Live Mint  

India’s most expensive city in terms of capital value is expected to witness a fall in property price this year, as well as in 2021. According to a research report—Prime Global Residential Forecast— released today by Knight Frank, a real estate consultant, “Prime residential market of Mumbai is expected to see a price fall of 5% in the year 2020. …

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