Market News
Mumbai real estate, curated. Article dates shown honestly — some stories are archival.
Mumbai: Commercial tower surfaces in DRP plan for Mulund salt pans
A new commercial tower has been proposed in the development plan for the Mulund salt pan lands, indicating a shift towards intended commercial use of these ecologically sensitive areas. This…
NABARD buys leasehold rights for commercial complex in Mumbai from...
NABARD has recently acquired the leasehold rights for a commercial complex in Mumbai, marking a significant expansion of its real estate presence in the city. This acquisition allows the development…
McKinsey renews lease for 35,520 sq ft office space in Mumbai's BKC
McKinsey has renewed its lease for 35,520 square feet of office space in the Bandra-Kurla Complex (BKC), a prominent commercial hub in Mumbai. This renewal highlights the ongoing demand for premium…
Madhuri Dixit leases commercial property in Mumbai for ₹2.81 crore
In a notable transaction, actor Madhuri Dixit has leased a commercial property in Mumbai for ₹2.81 crore. This deal highlights the ongoing demand for quality office and retail spaces in…
Sonu Nigam lease out commercial unit for ₹19 lakh per month in Mumbai
In a notable transaction, a commercial unit in Mumbai has been leased out for a monthly rent of ₹19 lakh. This deal involves singer Sonu Nigam, who has opted to lease the space, highlighting the…
Sunaina Rakesh Roshan buys two commercial units worth ₹6.42 crore...
Sunaina Roshan has made a significant investment in Mumbai's commercial real estate market by purchasing two commercial units for ₹6.42 crore. This acquisition is part of a broader trend among the…
Rakesh Roshan, wife buy five commercial units worth ₹19.68 crore...
Filmmaker Rakesh Roshan and his wife have made a significant investment by purchasing five commercial units in Mumbai for approximately ₹19.68 crore. This acquisition underscores a notable trend…
Andheri West Commercial Property Market Review
Andheri West is emerging as a significant commercial growth corridor in Mumbai, driven by increasing demand, limited new supply, and exceptional connectivity. This area is also undergoing a…
Kajol Devgan lease out retail unit for ₹8.6 crore in Mumbai
In a notable transaction, a retail unit in Mumbai has been leased out for approximately ₹8.6 crore. This deal involves the well-known actor Kajol, highlighting the ongoing interest in premium retail…
Saif Ali Khan buys commercial property worth ₹30.75 crore in Mumbai
Actor Saif Ali Khan has made a significant investment in Mumbai's commercial real estate market by purchasing a property valued at ₹30.75 crore. This acquisition underscores the growing interest in…
Kartik Aaryan, parents buy office space worth ₹13 crore in Mumbai
Actor Kartik Aaryan and his parents have made a significant investment in Mumbai's commercial real estate market by purchasing office space valued at ₹13 crore. This acquisition underscores the…
Akshay Kumar sells office space in Mumbai for ₹8 crore
In a notable transaction, an office space in Mumbai has been sold for approximately ₹8 crore. This sale is part of a series of commercial real estate dealings by the actor, reflecting ongoing…
Brookfield Expands Mumbai Presence with Strategic Land Acquisition in Powai
Brookfield has successfully entered into a strategic deal in Mumbai’s Powai to expand its commercial real estate portfolio. The deal involves the acquisition of land and a permissible floor space…
Kajol Purchases Commercial Property in Mumbai’s Goregaon for 28.78 Crore
In a notable transaction, actor Kajol has acquired a commercial property in Goregaon, Mumbai, for approximately ₹28.78 crore. This purchase highlights the growing interest in commercial real estate…
WeWork India Reports Rs. 174 Crore Profit in H1 FY25, Files for IPO
Co-working major WeWork India has posted a profit of Rs. 174.13 crore in the first half of the 2024-25 financial year, driven by strong demand for premium flexible workspaces. The company’s total…
Retrospective Input Tax Credit Removal to Impact Commercial Real Estate Sector
A recent amendment to the Goods and Services Tax (GST) regulations has significant implications for the commercial real estate sector in Mumbai and across India. Effective from July 1, 2017, this…
K Raheja Corp acquires mall in Tardeo
K Raheja Corp has made a significant move in the South Mumbai real estate market by acquiring two prime properties in Tardeo: Bayside Mall and the Popular Press Building. This acquisition, valued at…
HDFC Leases 4 Lakhs Sq.ft in Navi Mumbai - Boost to Residential Property Market in Thane and Navi Mumbai
HDFC Bank has recently secured a substantial office lease in Airoli, Navi Mumbai, marking one of the largest deals of the year. This acquisition of 4 lakh sq. ft. of commercial office space in the…
Bastian’s Bold Move to Dadar: A Strategic Choice in Mumbai’s Central Landscape
Bastian, a well-known upscale dining establishment, has made a significant move by choosing Dadar as its new location. This decision marks a strategic expansion into a neighborhood that has often…
Suraj Estate Acquires new land parcel in Mahim
Suraj Estate Developers has made a significant move in the commercial real estate sector by acquiring a 15,758 sq ft land parcel located at Senapati Bapat Marg in Mahim (W) for ₹101 crore. This…
Amazon India Acquires land In Lodha Palava for another Data Centre in MMR Region
Amazon India has made a strategic acquisition of a 38.18-acre land parcel in Palava, located near Mumbai, from the Lodha Group. This significant investment, valued at over 450 crore, is aimed at…
The Leasing Boom in Real Estate Rent Market from Bandra to South Mumbai
Mumbai's real estate market is experiencing a notable boom in the leasing sector, particularly from Bandra to South Mumbai. This trend is attracting a diverse range of tenants, including…
State Street Corporation Rents office space in Equinox, BKC from Brookfield Properties
State Street Corporation has made a notable investment in Mumbai by leasing an entire office tower at the Equinox Business Park, strategically located near the Bandra-Kurla Complex (BKC). This…
Nippon Life India buys office in One Lodha Place Worli
The commercial real estate sector in Mumbai continues to show strong performance, with significant activity in leasing and acquisitions. A recent noteworthy transaction is Nippon Life India Asset…
Morgan Stanley Opens State-of-the-Art Office in Oberoi Garden City, Goregaon East Mumbai
Morgan Stanley has inaugurated a new office in Oberoi Garden City, Goregaon East, Mumbai, marking a significant development in the commercial landscape of the area. This state-of-the-art facility…
PVR INOX to Monetise Real Estate Assets and Shift to FOCO Model for Growth
PVR INOX, a prominent player in the multiplex industry, has unveiled its strategy to monetise non-core real estate assets in key urban centres, including Mumbai, Pune, and Vadodara. This move is part…
Century Textiles Acquires 10 Acres in Mumbai’s Worli for Rs 1,100 Crore
Centry Textiles and Industries (CTIL) has made a significant move in Mumbai's commercial real estate market by acquiring a 10-acre leasehold land parcel in Worli for Rs 1,100 crore. This acquisition…
Does Mumbai have a deficit of office space of smaller areas?
Mumbai is currently experiencing a notable deficit of smaller office spaces, driven by increasing demand from startups, small businesses, freelancers, and boutique firms. This shortage is influenced…
Japan's Sumitomo Acquires Bombay Dyeing's 2-Acre Worli Land for Rs 440 Crore
Sumitomo Realty & Development Company, through its subsidiary Goisu Realty, has acquired a prime 2-acre land parcel in Mumbai's Worli locality from Bombay Realty, the property development arm of…
Hindalco to Sell Land Parcel to Ekamaya Properties for Rs 595 Crore
Hindalco Industries has confirmed the sale of a land parcel located in Kalwa, Maharashtra, to Ekamaya Properties Pvt Ltd, a subsidiary of Birla Estates Pvt Ltd, for Rs 595 crore. This transaction…
Sanofi India to Sell 1.5 Lakh Sq Ft Mumbai Headquarters
Sanofi India is preparing to sell its 150,000 sq ft headquarters located in the Powai locality of Mumbai. This decision is part of a larger strategy aimed at relocating and expanding its operations…
ESR Group Leases 48,800 sq ft Industrial Space to UPM Raflatac in Navi Mumbai
ESR Group has successfully leased a significant industrial space to UPM Raflatac in Navi Mumbai, marking a notable development in the region's commercial real estate landscape. This 48,800 sq ft…
Nielsen Media Leases 1.52 Lakh sq ft in Mumbai's Goregaon
Nielsen Media has secured a significant office lease in Goregaon, a key commercial hub in Mumbai's western suburbs. The company has entered into a long-term agreement for over 152,000 sq ft of office…
ICICI Prudential AMC Acquires Office Tower from Kalpataru in Mumbai for Rs 315 Crore
ICICI Prudential Asset Management Company has made a significant move in the Mumbai commercial real estate market by acquiring an entire office tower in Santacruz for over Rs 315 crore. This…
Awfis Space Solutions IPO fully subscribed on Day 1.
Awfis Space Solutions, a prominent player in the co-working space sector, has successfully launched its initial public offering (IPO), which was fully subscribed on the first day of bidding. The IPO…
Brookfield plans $10 billion investment in Indian real estate in 3-5 years
Brookfield Asset Management has announced plans to invest over $10 billion in India's real estate sector within the next three to five years. This significant commitment reflects the firm's…
Amitabh Bachchan Leases Prime Office Space to Warner Bros in Andheri West
Amitabh Bachchan has made a notable move in the Mumbai commercial real estate market by leasing four offices in the newly constructed Lotus Signature, located off Veera Desai Road in Andheri West…
Lodha & Skechers Build Mega Hub
The collaboration between Lodha and Skechers marks a significant development in the commercial real estate sector near Mumbai. This mega warehouse is designed to enhance the efficiency of…
DB Realty Sells Prime Land at Marine Lines to Prestige Estates
DB Realty Sells Prime Land at Marine Lines to Prestige Estates, this land parcel is one of the largest in South Mumbai today. Marine Drive is the iconic belt of Mumbai City and who ever visits Mumbai…
Commerz II - The New Leed Platinum Building in Goregaon East by Oberoi Realty
Oberoi Realty has unveiled Commerz II, a new commercial building in Goregaon East that has achieved the prestigious LEED Platinum accreditation for Operations and Maintenance. This recognition…
One Lodha Place Worli
One Lodha Place has emerged as a significant new development in Worli, positioned strategically next to prominent landmarks such as Lodha World Towers, World Crest, and World View, and behind Lodha…
Commercial Office spaces in Andheri West
If you are looking to start a business or expand your existing one in Mumbai, Andheri West is one of the best places to set up your office. With its bustling commercial and residential areas, Andheri…
Morgan Stanley Leases out Prime Commercial Space in K Raheja Altimus at Worli
Worli is in the New Hot Spot and the new city centre of Mumbai, with Morgan Stanley picking up another 86200 sq ft at the Altimus Towers, Worli which is going to be one of the Newest and most Premium…
Minimalistic office designs are Trending
Recent trends in office design in Mumbai reflect a significant shift towards minimalism, particularly in commercial spaces located in prominent areas such as BKC. The emphasis is now on simplicity…
High Quality office space in Demand
Mumbai's commercial real estate landscape is evolving, with a noticeable shift towards high-quality office spaces in aesthetically appealing buildings. This trend is driven by the next generation of…
Lease Property Market in Mumbai Gains Traction in Mumbai
The lease property market in Mumbai is experiencing a resurgence as corporate movements resume, particularly among senior executives from various sectors including corporates, multinational…
American MNC Mckinsey & Co. Leases 45000 sq.ft office in Maker Maxity at BKC
Mckinsey & Co., a prominent American multinational consulting firm, has secured a significant office space lease in Maker Maxity, located in the prestigious Bandra Kurla Complex (BKC). This move…
ASK Financial Services sold 74% stake to Blackstone for $1 billion dollar
Blackstone Group has made a significant move in the Indian financial services market by acquiring a 74% stake in ASK Financial Services for $1 billion. This acquisition is expected to bolster…
Warehouse & Logistic Space in India Gets traction
The logistics and warehousing sector in India is witnessing a significant uptick in investment, particularly from platforms backed by major financial entities. A prominent logistics development…