K Raheja Corp has acquired a 5.75-acre plot in Kandivali East, Mumbai, for ₹466 crore, marking its fourth major property deal in recent months, with plans to develop a premium residential project.

The Nargis Dutt Nagar slum in Bandra will be redeveloped under Maharashtra's SRA, replacing shacks with three- and four-bedroom sea-facing flats, transforming the 2-acre Bandra Reclamation land into a modern residential hub.

The luxury housing market in Mumbai and six other major Indian cities witnessed significant growth between April and September 2024, with total sales reaching ₹2,78,309 crore. This marked an 18% increase compared to the same period last year, with average prices for luxury homes surpassing ₹1.23 Cr.

Mumbai, India's biggest and most expensive real estate market, is breaking records in 2024. In the first nine months, property registrations increased by 12%, surpassing 105,000 deals, while stamp duty revenues increased by 6%, reaching over ₹8,892 crore.

L&T Realty and Valour Estate, formerly DB Realty, have partnered to create a ₹20,000-crore project on a 10-acre land block in Mumbai's Bandra Kurla Complex (BKC). The project will contain luxury apartments, commercial areas, and a 1,000-key five-star hotel near the Bombay High Court complex.

This extensive list on Ghar including an analysis of India's major real estate businesses and industry trends highlight Mumbai's supremacy in the sector.

The revolutionary new Ajmera Realty launch, Ajmera PVLR Bhandup, will change Mumbai life. A new Bhandup property provides 1 BHK and 2.5 BHK flats beginning at ₹64.99 lakhs, with a flexible Bullet Payment Plan of 25:25:25:25, making owning more affordable and easy.

Paradigm Realty plans to redevelop 11 housing societies in Bandra and Kandivali, Mumbai, with a revenue potential of ₹4,500 crore. Over 2.8 million sq ft will be covered by the projects.

Real estate giant Sobha Group will affect Mumbai's luxury home market. The business plans to treble annual sales bookings to ₹30,000 crore in the next 4-5 years via an aggressive growth strategy.

Godrej Properties, a significant real estate investor, plans to launch Rs 30,000 crore in residential projects in India's main cities this fiscal year. Due to strong demand, the firm wants to expand sales bookings by 20%.

According to the Prime Global Cities Index, Mumbai, Delhi, and Bangalore have higher housing prices. Buyers are increasingly choosing property investments to better their lives.

Prestige Group, a renowned Bengaluru-based real estate developer, wants to build 9 million square feet of mall space in important Indian cities within three years. Muhammad Ali, Retail CEO, is planning to expand into Mumbai and Delhi-NCR, signalling a major development phase for the organisation.

Kandivali combines old world beauty with contemporary elegance in Mumbai's western suburbs. This GHAR guide explains why Kandivali is more than just another Mumbai suburb and a growing centre for luxury real estate and infrastructure development, making it appealing to homeowners and investors.

The Mumbai real estate market in 2023 has survived global economic storms and reached unprecedented heights, signifying a turning point. A strong economy, growing disposable incomes, a tendency towards bigger living spaces have laid the groundwork for Mumbai real estate in 2024.

The core suburb of Dombivli in Mumbai is undergoing a major change. This busy business district is becoming a focus for luxury residential developments and integrated townships. This change in the real estate paradigm is driven by Dombivli's strong connectivity, making it appealing.