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, from Nusli Wadia for ₹1100 crore and expects ₹14000 crore from the real estate development on the site. Mahindra and Mahindra Ltd sells 20.5 acres of land in the Kandivali area for ₹ 210 crore According to property registration documents by CRE Matrix, in July 2024, automobile manufacturer Mahindra and Mahindra Limited sold a 20.5 acre land parcel in Mumbai's Kandivali area for ₹210 crore. Equinix India buys 5597 sq m of land in Mumbai's Chandivali for ₹ 155 crore According to the property registration documents accessed by CRE Matrix, US-headquartered data centre firm Equinix India Pvt Ltd purchased 5,597 sq m of land in Mumbai's Chandivali area for ₹155 crore in November 2024. Pan India land deals According to a real estate consultancy firm CRE Matrix report, over 100 land deals spanning approximately 1,700 acres were closed in six major cities in India between January and September 2024.

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