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K Raheja Corp to Transform Mumbai's First Mall into a 50-Storey Luxury Residential Tower

K Raheja Corp is redeveloping Mumbai's first mall, Sobo Central Mall, into a premium residential tower. It encompasses 1.3 acres in South Mumbai's premium Haji Ali neighbourhood and was launched in the late 1990s as Crossroads. A 50-story sea view skyscraper with almost 250,000 sq ft of development.

By Admin

  • 26th Apr 2024
  • 1141 Views
Why Are Modern Condos in Demand Over Historic Properties in South Mumbai?

The real estate market in South Mumbai, the city's affluence, is changing. Now popular with luxury condos, the region was formerly dominated by lovely old-world houses. This shows that rich purchasers want homes with exclusivity, tradition, modern conveniences, and a thriving community culture.

By Admin

  • 26th Apr 2024
  • 1137 Views
Mumbai Luxury Real Estate Market Moves Higher as Wellknown Polyesters' Chairman Buys Lodha Malabar Property

Wellknown Polyesters Chairman Anil Gupta bought two luxury properties in South Mumbai's Malabar Hill region, influencing the luxury real estate market. The home sale, worth over INR 270 crore, established a new Indian residential property sales record at INR 1.41 lakh per square foot.

By Admin

  • 21st Apr 2024
  • 1139 Views
Breach Candy Traffic Woes Intensify with Coastal Road Interchange Challenges

Residents of Breach Candy in South Mumbai are frustrated by traffic congestion caused by the adjacent junction on the Mumbai Coastal Road. The Coastal Road's advantages aside, neighbours say a design mistake, specifically the absence of direct interchange access, has exacerbated their journeys.

By Admin

  • 6th Apr 2024
  • 1166 Views
Revolutionizing South Mumbai Commute - The New Eastern Freeway Project

Southern Mumbai's new Eastern Freeway from Orange Gate to Grant Road will be built by the Municipal Corporation of Mumbai. Transport times and connections will be greatly reduced by this 5.5-kilometer corridor. Project completion is scheduled in three and a half years by J. Kumar Infra.

By Admin

  • 9th Mar 2024
  • 1196 Views
Why is There a Huge Disparity in Property Tax Between New and Old Luxury Towers in South Mumbai?

Luxury skyscrapers in South Mumbai impose financial challenges on occupants. Luxury living in south Mumbai is exemplified by Tardeo's 60-story Imperial Heights, with 220 apartments of various sizes. Maintaining and paying property tax might cost residents Rs 70,000 to Rs 2 lakh per month.

By Admin

  • 14th Feb 2024
  • 1191 Views
First Luxury Real Estate Deal of 2024 - Vratika Gupta, CEO of Maison Sia Buys 116 Cr Home in Oberoi 360 West

South Mumbai, predictably, has delivered the first big ticket size luxury real estate deal of 204 in Mumbai. Vratika Gupta, the founder and CEO of luxury home decor store Maison Sia, has set a new benchmark in Mumbai's real estate market by acquiring a sea-view residence in the exclusive Worli loca

By Admin

  • 15th Jan 2024
  • 1271 Views
Tribeca Developers and Tejukaya Group Collaborate on a Luxury Project in Parel, South Central Mumbai

Tribeca Developers, the world's largest Trump-branded real estate developer, has partnered with Mumbai's Tejukaya Group. A 2.5-acre premium property lot in south-central Mumbai's Parel neighbourhood will be transformed into a luxurious residential sanctuary.

By Admin

  • 11th Jan 2024
  • 1217 Views
Bangalore Based Prestige Group Expands Its Horizon in Pune and Mumbai Real Estate Markets

The Prestige Group wants to develop 1 million square foot residential apartments in Pune in 2024. This enterprise might earn Rs 750–Rs 1,000 crore. Ahmed said the Bengaluru-based developer would launch 3 million square feet of property in Mumbai seeking Rs 15,000 crore in revenue next year.

By Admin

  • 20th Dec 2023
  • 1258 Views
India Emerges as a Leader in APAC Office Space Demand

India's Office Market Leadership in APAC. India may dominate Asia Pacific office space demand by 2024. Over half of regional demand is projected from the top eight Indian cities, including Bengaluru, Mumbai, and Delhi.

By Admin

  • 16th Dec 2023
  • 1217 Views
Ajmera Cityscapes Unveils Ajmera Downtown at Marine Lines, South Mumbai

Ajmera Downtown is a luxurious tower with 48 stories, situated opposite the LT Marg police station on Marine Lines. It offers well laid out 1, 2, 3 bedroom residences with contemporary amenities to dicerning homebuyers.

By Admin

  • 24th Nov 2023
  • 1245 Views
Government of Maharashtra Will Purchase The Iconic Air India Building For INR 1601 Cr

After paying 1,601 crore for the 22-floored Air India Building in Nariman Point, which has transformed Mumbai's reclaimed southern tip into one of Asia's largest and most expensive financial districts, several Maharashtra government departments will move in.

By Admin

  • 9th Nov 2023
  • 1250 Views
Bombay Dyeing Set to Divest 22 acres in Worli for a Whopping INR 5200 Crore

The Wadia Group-owned Bombay Dyeing & Manufacturing Company (BDMC) will sell 22 acres of premium Worli property to a subsidiary of Japan's Sumitomo Realty & Development Company is buying the prime real estate for INR 5200 cr

By Admin

  • 14th Sep 2023
  • 1285 Views
Experience The Pinnacle of Luxury Living at Lokhandwala Minerva at Mahalaxmi, South Mumbai

In the vibrant heart of South Mumbai, where the city’s rich history intertwines with a future filled with boundless possibilities, the Lokhandwala Minerva is rising as a monumental icon of luxury and sophistication.

By Admin

  • 9th Sep 2023
  • 1236 Views
How Will The Mumbai Trans Harbour Link Facilitate Travel for Residents of Mumbai and Influence the Mumbai Real Estate Market?

The longest sea bridge in the country is currently being built in Mumbai. Connecting Sewri in South Mumbai to Chirle in Navi Mumbai, the Mumbai Trans Harbour Link (MTHL) is a massive civil project spearheaded by the MMRDA.

By Admin

  • 3rd May 2023
  • 1472 Views
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