Mumbai's luxury residential sector is a worldwide symbol of grandeur. Channel partners link developers and selective purchasers in this private sector, notably in the ultra-premium category, where knowledge and networks account for over 60% of transactions.

In the next two years, House of Hiranandani, led by Surendra Hiranandani, would invest approximately ₹12,500 crore to increase its development footprint by 10 million square feet in the Mumbai Metropolitan Region (MMR). This strategic expansion will include acquisitions and greenfield ventures.

October 2024 saw record property registrations in Mumbai owing to a good purchasing season. Mumbai's property registration revenue is estimated at ₹1,081 crore as of October 29, 2024, as reported by Maharashtra's IGR. An increase of 52% from the ₹712 crore recorded on Diwali in November 2023.

Runwal Realty, a prominent real estate developer, acquired a 4-acre land parcel in Mumbai's Worli neighbourhood for ₹800 crore, including taxes and government levies. The developer plans to build a 1 million square foot luxury residential development, generating ₹8,000 crore in revenue.

At the Bombay Times Fashion Week 2024, Ashwin Sheth Group and designer Sheetal Batra combined luxury real estate and high fashion in Mumbai. Batra's inaugural collection, Ruhaniyat, drew from Kashmir's rich cultural legacy and blended traditional craftsmanship with modern beauty.

Rushabh and Vrutika Satra, second-generation leaders of Satra Corp, are leading Mumbai's rebuilding. Satra Corp has become an industry leader by emphasising spacious design, safe settings, and vibrant communities.

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.

Pali Hill at Bandra West blends the old-world charm of Mumbai with contemporary flair. At The Panorama by Rustomjee, you’re not just buying a home—you’re securing a piece of history.

In 2024, Mumbai sold 21 of 25 ultra-luxury properties in India's top 25 cities. HNIs and ultra-HNIs drove demand for mansions exceeding Rs 40 crore, worth Rs 2,443 crore. Mumbai, Hyderabad, Gurugram, and Bengaluru became luxury property hotspots as transactions increased.

Deloitte India has secured over 81,000 sq ft of luxury office space on two floors of the Oberoi Commerz III skyscraper in Goregaon, Mumbai's busy western district. This strategic move is part of the company's long-term expansion strategy, with a five-year lease beginning November 1, 2024.

Star Kangana Ranaut has placed her Pali Hill mansion in Bandra West for sale at a price of ₹40 crore, causing a stir in the Mumbai luxury real estate market.

The Mumbai Metropolitan Region Development Authority (MMRDA) plans to lease out seven plots in the Bandra-Kurla Complex (BKC) to earn 5,497 crore. This program finances Mumbai Metropolitan Region infrastructure projects.

Birla Anayu, Birla Estates' stunning new Malabar Hill residential property, redefines luxurious living. This property effortlessly mixes contemporary facilities with stunning Arabian Sea and Mumbai skyline views, delivering unmatched luxury and elegance. Explore Malabar Hill's famous luxury project

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.

Apco Infratech bought a lavish sea-view triplex apartment at The Legend by Ashar on Pali Hill, Bandra, Mumbai, for ₹155 crore. The 9,527 sq ft house, bought at ₹162,000 per sq ft, is among India's most expensive residential purchases.