real estate news
Mumbai Real Estate News: Ex-HDFC Bank Deputy MD Buys ₹52.49 Crore Apartment in Worli
Former HDFC Bank Deputy Managing Director Paresh Sukthankar has made a significant investment in the luxury real estate market by purchasing a high-value apartment in Worli's Prestige Nautilus.
Real Estate
Ex-HDFC Bank Deputy MD Paresh Sukthankar Acquires Prestigious ₹52.49 Crore Apartment in Worli
Former HDFC Bank Deputy Managing Director Paresh Sukthankar has made a high-value residential purchase, acquiring a luxury apartment at Prestige Nautilus in Worli for ₹52.49 crore. The transaction was registered on September 3, 2025.
Real Estate
RBI Acquires Prime Nariman Point Land from MMRCL for ₹3,472 Crore
In a significant real estate transaction, the Reserve Bank of India (RBI) has purchased a prime 39,663 square meter land parcel in Mumbai’s Nariman Point from the Mumbai Metropolitan Region Development Authority (MMRCL) for ₹3,472 crore. This deal underscores the growing importance of strategic land acquisitions in Mumbai’s financial district.
Real Estate Maharashtra
RBI Acquires Prime Nariman Point Land from MMRC for ₹3471 Crore
The Reserve Bank of India (RBI) has completed a significant real estate transaction by acquiring a 16,842 sq.m plot at Nariman Point from the Mumbai Metro Rail Corporation Ltd. (MMRC) for ₹3471 crore. This deal is part of MMRC's strategy to raise funds for the ongoing Metro Line 3 project.
Real Estate Mumbai
Mumbai Metro Sells Land to RBI for Metro-3 Funding: A Major Milestone
The Mumbai Metro Rail Corporation (MMRC) has successfully sold land in south Mumbai to the Reserve Bank of India (RBI) for Rs 3,471.82 crore, significantly boosting the funding for the Colaba-Bandra-SEEPZ Metro-3 corridor.
Real Estate
RBI Seals Rs 3,472 Crore Nariman Point Land Deal in Mumbai
The Reserve Bank of India has finalized a significant land purchase in Mumbai's prime Nariman Point area for Rs 3,472 crore, marking one of the largest real estate deals in the city's history.
Real Estate Mumbai
RBI Secures Prime Nariman Point Land for Rs 3,472 Crore in Mumbai’s Largest Real Estate Deal
The Reserve Bank of India has finalized a landmark purchase of a 4.2-acre land parcel in Nariman Point, Mumbai, for Rs 3,472 crore, making it one of the largest real estate deals in the city's history.
Real Estate
NeoLiv Signs Management Agreement for 47-Acre Mixed-Use Villa Project in Khopoli, Near Mumbai
Mumbai-based real estate developer NeoLiv has announced a management agreement to develop a 47-acre mixed-use villa project in Khopoli, near Mumbai. The project is expected to generate a revenue potential of ₹600 crore, expanding NeoLiv's footprint into a fast-growing micro-market within the Mumbai Metropolitan Region (MMR).
Real Estate Mumbai
Mumbai's Redevelopment Projects to Add 44,277 Homes Worth Rs 1.31 Trillion by 2030
Mumbai's ongoing redevelopment wave is set to add 44,277 new homes valued at Rs 1.31 trillion by 2030, reshaping the city's housing landscape. The Western Suburbs will see the biggest growth, while challenges like land consolidation and market cycles persist.
Real Estate
Mumbai's Redevelopment Wave to Add 44,277 Homes Worth Rs 1.31 Trillion by 2030
Mumbai's redevelopment efforts are set to transform the city's housing market, with 910 residential societies participating in projects that will add 44,277 new homes valued at Rs 1.31 trillion by 2030.
Real Estate Mumbai
Tata Power and Tata Motors Unveil Mega EV Charging Hub in Mumbai
Tata Power and Tata Motors have joined forces to launch a state-of-the-art electric vehicle (EV) charging hub in Mumbai. Located at a prominent hotel, the facility is equipped with eight fast DC chargers, setting a new standard in EV infrastructure in the city.
Real Estate
Mayfair Housing Celebrates 61 Years with 4 Million Sq Ft Development Pipeline
Mayfair Housing, one of Mumbai's leading real estate developers, commemorates 61 years of successful operations with an impressive 4 million square feet development pipeline in the pipeline.
Real Estate Mumbai
RBI Acquires Prime 4.16-Acre Land in Nariman Point for Rs 3,472 Crore
The Reserve Bank of India (RBI) has purchased a 4.16-acre plot in Nariman Point, Mumbai, for Rs 3,472 crore from the Mumbai Metro Rail Corporation Ltd (MMRCL). The land will be used for self-use and commercial purposes.
Real Estate
RBI Secures Prime Nariman Point Land in 2025’s Largest Real Estate Deal
The Reserve Bank of India (RBI) has acquired a 4.16-acre land parcel at Nariman Point, Mumbai, for ₹3,471.82 crore, marking one of the largest real estate transactions of 2025.
real estate news
Understanding the Controversy Behind Excessive Transfer Charges in Mumbai's Real Estate Market
Explore why developers and housing societies in Mumbai impose hefty transfer charges, often ranging from 2-4 percent of the transaction value, and how this affects the real estate market.
real estate news
RBI Secures Prime Nariman Point Land in Major 2025 Real Estate Deal
The Reserve Bank of India (RBI) has acquired a 4.16-acre land parcel at Nariman Point in South Mumbai for ₹3,471.82 crore, marking one of the largest land transactions in India this year.
real estate news
Mumbai's Real Estate Renaissance: 44,000 New Homes by 2030
Mumbai's real estate market is set for a major transformation with the redevelopment of over 44,000 new homes, valued at Rs 1.3 lakh crore, by 2030. This initiative, driven by the Municipal Corporation of Greater Mumbai (MCGM), aims to address the city's growing housing demand and modernize its urban landscape.
Real Estate Mumbai
Mumbai's Real Estate Boom: 44,000 New Homes Worth Rs 1.3 Lakh Crore by 2030
Mumbai's real estate sector is set for a major transformation with redevelopment projects expected to create over 44,000 new homes by 2030, according to Knight Frank India's latest research.
Real Estate Mumbai
RBI Secures 4.6-Acre Nariman Point Land from MMRCL for a Whopping Rs 3,472 Crore
The Reserve Bank of India (RBI) has acquired a prime 4.61-acre land parcel at Nariman Point in South Mumbai from the Mumbai Metro Rail Corporation Ltd (MMRCL) for ₹3,472 crore. This significant land transaction highlights the enduring value of Nariman Point in Mumbai’s commercial real estate market.
Real Estate Mumbai
Mumbai's Housing Society Redevelopment: A Sticky Wicket Over Excessive Incentives
Mumbai's older housing societies and real estate developers are engaging in redevelopment projects with excessive incentives, potentially leading to project unviability and market instability, warns Knight Frank India's Gulam Zia.