Mumbai's commercial real estate market has emerged as India's leading model for future-ready metropolitan growth, driven by infrastructure expansion, flexible workspace demand, and strategic investor confidence throughout 2025.

Notandas Realty has unveiled Notan Jewel, a ₹400 crore premium commercial development on Turner Road, Bandra West, offering 45,000 sq ft of leasable office and retail space with completion targeted by 2028.

India has rapidly established itself as the world's preferred destination for Media Capability Centres, housing close to 50 specialised facilities across Mumbai, Hyderabad, Chennai, Bengaluru, and Delhi NCR that combine creative excellence with advanced technology infrastructure.

India's office market recorded 19.69 million sq ft absorption in Q3 2025, marking 6% YoY growth, with Bengaluru, NCR, and Mumbai leading the commercial real estate expansion driven by GCCs, BFSI sector, and flexible workspace operators.

Qatar National Bank has renewed its premium Bandra Kurla Complex office lease for ₹62.6 lakh monthly, achieving one of India's highest commercial rental rates at ₹775 per square foot, reinforcing BKC's position as Mumbai's premier business district.

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Smartworks Coworking Spaces has signed India's largest flexible office lease, securing 8.15 lakh square feet at Hiranandani Group's Eastbridge development in Vikhroli West, Mumbai, with operations set to commence in Q4 2026.

Elon Musk's Starlink has leased premium office space in Mumbai's Chandivali Boomerang complex for ₹2.33 crore, joining Bollywood actor Hrithik Roshan who owns multiple units worth ₹68 crore in the same building.

India's office market recorded its lowest vacancy rate in 17 quarters at 15.7% during July-September 2025, driven by surging corporate demand, Global Capability Centres, and robust tech sector expansion across Bengaluru, Mumbai, Delhi-NCR, and Hyderabad.

Elon Musk's Starlink has leased its first office space in Mumbai at Chandivali's Boomerang commercial complex, signaling the satellite internet provider's advancing India rollout strategy with a five-year lease agreement.

Adani Realty and Marathon Nextgen have joined forces for a ₹3,400 crore commercial development in Byculla, marking a strategic expansion in Mumbai's Central business district with 1.2 million sq ft of Grade-A office and retail space.

Private equity investments in India's real estate sector reached $3.9 billion in the first nine months of 2025, with office and data centre assets attracting the largest share of institutional capital.

Adani Realty and Marathon Nextgen Realty announced a joint venture in October 2025 to develop Monte South Commercial in Mumbai's Byculla, a ₹3,400 crore mixed-use project featuring 1.2 million sq ft of premium office and retail space.

House of Hiranandani announces ₹500 crore investment in a premium commercial tower offering 4 lakh sq ft of Grade-A office space in Mumbai's Andheri East, targeting construction within 3-6 months.

Leading film production company Dharma Productions has leased 5,500 square feet of premium office space in Andheri West's Lotus Signature tower for four years, starting at ₹15 lakh monthly rent, reflecting the entertainment industry's confidence in Mumbai's commercial property market.