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Sara Ali Khan Leases Andheri Bungalow to Montessori School at ₹6.5 Lakh per Month

Sara Ali Khan Leases Andheri Bungalow to Montessori School (2)

Bollywood actress Sara Ali Khan has leased out a premium bungalow in Mumbai’s Andheri West to an educational institution in a structured five-year agreement, according to property registration documents accessed by CRE Matrix. The transaction was registered on March 27, 2026, highlighting continued institutional interest in large-format residential assets across key city micro-markets.

The bungalow, located in Belscot Co-operative Housing Society in the Old Lokhandwala Complex, has been leased to Prodigy Montessori India Private Limited. The starting monthly rent is ₹6.5 lakh. The property spans around 4,500 sq ft, translating to a rental value of ₹144.44 per sq ft.

Deal Structure and Rental Escalation

The lease spans 60 months, with a lock-in period of 36 months starting May 1, 2026. The agreement follows a step-up rental structure. It starts at ₹6.5 lakh per month for the first two years and increases from the third year. Thereafter, the rent rises to ₹6.82 lakh in year three, ₹7.16 lakh in year four, and ₹7.52 lakh in year five. This structured escalation takes the total rental outgo over the tenure to approximately ₹4.14 crore. The tenant has also paid a security deposit of ₹20 lakh as part of the agreement.

Property Use: Exclusive School Operations

The agreement specifies that the tenant will use the property strictly for school-related activities. This clearly indicates a growing trend of residential-to-institutional conversions in Mumbai’s premium neighbourhoods. At the same time, the contract outlines clear operational conditions to maintain the residential character of the society. It restricts the entry of vehicles such as cars, buses, and vans within the premises. It also mandates that all student pick-up and drop-off activities take place outside the complex. The tenant must also comply fully with society rules and applicable municipal regulations.

Location Advantage: Andheri West

Andheri West remains one of Mumbai’s most sought-after micro-markets due to its strong connectivity and established ecosystem. The location offers easy access to Versova, JVPD, and Link Road. It also benefits from its proximity to production houses, corporate offices, and educational hubs. A diverse mix of bungalows, high-rise developments, and commercial spaces continues to support sustained demand across occupier segments.

Recent Transactions

Recent real estate activities highlight how celebrities are actively participating in commercial property transactions. High-value deals involving premium assets reflect strong demand from occupiers. Actors are increasingly monetising real estate through structured, long-term agreements across key urban micro-markets.

In a recent transaction, Hrithik Roshan’s parents, filmmaker Rakesh Roshan and Pramila Rakesh Roshan, leased a commercial property in Andheri, Mumbai, to Fabindia Limited for a monthly rent of ₹14.5 lakh. In another transaction, actor Bobby Deol and his wife, Tania Deol, acquired multiple office units worth over ₹15 crore in Andheri West.

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Kirloskar Realty Arm Secures ₹1,150 Cr Term Loan from ICICI Bank

Kirloskar Realty Arm Secures ₹1,150 Cr Term Loan from ICICI Bank (3)

In a significant boost to commercial real estate financing, Avante Spaces, the real estate arm of Kirloskar Industries, has secured a ₹1,150 crore term loan from ICICI Bank, according to documents accessed via CRE Matrix. The funding will support the development of a large Grade A commercial office project in Pune, specifically in the rapidly evolving Kothrud micro-market.

Project Details and Financing Structure

The loan is structured across two tranches of ₹1,050 crore and ₹100 crore. Additionally, it comes with a defined repayment timeline of 44 months and carries an interest rate of 8% per annum. As a result, the financing supports a planned 1.9 million sq. ft. office development, reinforcing the scale and ambition of the project.

Meanwhile, to secure the loan, Avante Spaces has created a mortgage over its land parcels and all present and future constructions. Furthermore, the collateral includes approximately 7.25 acres of land across multiple plots in Kothrud. This ensures strong asset backing for the lender.

Axis Trustee Services has been appointed as the security trustee for the transaction, with the security interest formally created earlier this year.

Lender Confidence in Grade A Office Assets

This transaction highlights a broader trend. Institutional lenders are selectively backing high-quality commercial real estate projects. In particular, developers with strong parentage and clear visibility into execution continue to attract capital. Moreover, projects in established and emerging urban hubs remain preferred.

At the same time, Grade A office spaces are highly attractive to lenders. They continue to draw strong demand from corporates, technology firms, and global capability centres (GCCs). In addition, such loans are well-structured with clear repayment schedules. As a result, backing by tangible assets helps reduce risk while ensuring stable returns.

Kothrud’s Emergence as a Commercial Hub

Traditionally known as a residential locality, Kothrud is steadily transforming into a viable office destination. Improved infrastructure, better connectivity, and a growing preference for decentralised workspaces are driving this shift.

As businesses look beyond traditional central business districts, micro-markets like Kothrud are gaining traction. These micro markets offer a mix of accessibility, talent catchment, and relatively competitive costs.

A Positive Signal for CRE Financing

The Avante Spaces deal indicates a calibrated revival in commercial real estate financing activity. With occupier demand stabilising and a steady pipeline of developments across key cities, lenders are showing renewed confidence—albeit with a selective and cautious approach.

Overall, this transaction signals continued momentum in India’s office market, where well-backed projects in strategic locations are increasingly able to secure institutional funding.

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South Mumbai Luxury Market Booms with ₹60+ Crore Deal in Lower Parel

South Mumbai Luxury Market Booms with ₹60+ Crore Deal in Lower Parel

South Mumbai’s luxury housing market continues to attract high-value transactions. A premium apartment in Lower Parel recently sold for over ₹60 crore, according to data accessed by CRE Matrix. This deal reflects sustained interest from high-net-worth buyers in prime micro-markets.

Premium Transaction at Kalpataru One

The transaction involves a luxury apartment at Kalpataru One in Lower Parel. A renowned diamond merchant purchased the apartment from Kalpataru Properties Limited.

The deal was registered on March 25, 2026. The total transaction value stands at ₹60.39 crore. Buyers paid ₹3.62 crore in stamp duty, indicating the scale of the investment.

The apartment offers a carpet area of 6,299 sq ft along with a 638 sq ft balcony. This makes it one of the larger configurations within the project. The deal also includes five dedicated car parking spaces, a key feature for ultra-luxury buyers.

Large-format homes continue to gain traction among affluent buyers. These homes offer more space, exclusivity, and lifestyle-driven amenities.

Lower Parel Emerges as a Luxury Hotspot

Lower Parel remains one of Mumbai’s most sought-after locations. It combines commercial hubs with premium residential developments, making it ideal for high-net-worth individuals.

The area offers strong connectivity, proximity to business districts, and access to high-end social infrastructure. These factors continue to drive demand despite limited inventory.

Strong Market Confidence in the Luxury Segment

This transaction highlights ongoing confidence in Mumbai’s luxury real estate market. Established micro-markets like Lower Parel continue to see resilient demand. Limited supply and consistent buyer interest are pushing up transaction values.

Market activity suggests that premium housing in South Mumbai will remain a key growth driver. High-value deals like this reinforce the shift toward larger, high-quality homes among elite buyers.

Recent Transactions

Mumbai’s luxury housing market continues to witness high-value transactions, driven by strong demand from affluent buyers. Recent deals highlight a clear preference for spacious homes in prime locations. This indicates confidence in the city’s premium real estate segment and its long-term growth potential.

In a recent transaction, promoters of K Raheja Corp, Ravi Raheja and his wife Sumati Raheja, sold a 6,772 sq ft apartment at Raheja Artesia in Worli for ₹121 crore. In another transaction, Radha Tanti, angel investor and wife of Suzlon Energy executive vice chairman Girish Tanti, purchased a premium apartment in the same locality for Rs 123.5 crore.

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India Housing Market: Premium Segment Driving Growth

India Housing Market: Premium Segment Driving Growth

The Indian housing market reflects a clear shift in momentum. In fact, value growth is outpacing volume. Although the number of homes sold has dipped slightly, overall sales value has reached record levels. This, in turn, is supported by strong demand for premium and luxury housing.

According to the India Housing Report 2026, by CRE Matrix & NAR-INDIA, the average ticket size has increased to around ₹1.47 crore. Buyers are continuing to move toward larger, better-located, and higher-quality homes as a result.

India Housing Market – Key Findings

  • ₹ 7.3 lakh Cr. – Value of primary housing units sold Pan India, up 8% YoY.
  • ~4,97,500 units – Primary units sold, a ~3% decline from CY’24.
  • ~5,42,900 units – New launches, down ~10% from ~6.2 lakh units in CY’23.

Despite a slight decline in volumes, India’s Tier-1 housing market continued to witness strong value growth in CY’25. Record sales were supported by premiumisation and higher ticket sizes, reflecting sustained demand across key cities. Overall, the market shows a clear trend of value-led expansion, driven by buyer preference for premium housing segments.

India Housing Market: City-wise Trends & Insights

CityGrowthMarket Trend &Totle unit saleAvg Ticket SizeKey Insight
NCR+14%Strong~50,000₹3.64 CrLuxury-driven market
Gurugram-2%Slowing~20,000₹5.21 CrUltra-luxury dominance
Noida+58%Rapid growth~19,000₹2.79 CrEmerging hotspot
Bengaluru+17%Stable~62,000 ₹1.71 CrStrong end-user demand
Hyderabad+3%Slight slowdown~53,000₹1.96 CrOversupply risk
MMR+9%Stable~1.52 lakh₹1.12 CrSteady premium demand
Mumbai+4%Limited supply~47,000₹2.31 CrHigh-value market
Thane+15%Growing~59,000₹0.70 CrMid-segment strength
Raigad+37%Fast expansion~26,000₹0.54 CrPeripheral growth
Palghar+12%Affordable-led~20,000₹0.34 CrEntry-level housing dominated
Pune-1%Weak demand~85,000₹0.78 CrMarket cooling
Chennai+28%Recovery~22,000₹1.14 CrDemand rebound
Ahmedabad-4%Soft~51,000₹1.05 CrDemand decline
Kolkata +2%Stable~9,500₹0.90 CrStable market

India Housing Market: Outlook

The Indian housing market in 2025 shows steady growth. Demand remains strong in key cities. Premium homes are driving value, while mid-segment housing continues to support overall sales. Cities like NCR and MMR lead in value. At the same time, Bengaluru and Chennai show stable demand from end-users.

Looking ahead, the market outlook is positive. Moreover, demand is expected to stay stable in the coming months. Developers will focus on better projects and planned launches. Buyers are also choosing quality and location over price. Therefore, this trend will shape the future of India’s housing market.

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Pan India Real Estate 2025: Trends, Sales Data & City Insights

Pan India Real Estate 2025: Trends, Sales Data & City Insights

Pan India Real Estate 2025 has crossed a historic milestone. Homes worth ₹7.30 Lakh Crore were sold across India’s Tier-1 cities in CY 2025. That is a 2.15x jump from CY 2021. The market is growing fast.

The Pan India Housing Market Insights CY’25 report, published in March 2026, covers eight major Indian cities. It tracks sales value, average ticket sizes, and evolving buyer trends across the country. The findings offer one of the most comprehensive and data-backed views of Indian residential real estate available today.

How India Invests Its Wealth

Indians love real estate. According to the RBI, Indian households own $11.1 trillion in total assets. Real estate takes up 51% of that. Debt follows at 28%, gold at 16%, and equity at just 5%.

This preference runs deep. Real estate gives Indians stability, returns, and social status. Therefore, the record sales seen in Pan India are no surprise. They reflect a preference built over generations.

India’s Real Estate Economy Is Growing Fast

The Pan India Real Estate 2025 market is worth ₹20 trillion today. It contributes 6% to India’s GDP. By 2030, the sector is expected to reach ₹45 trillion. At that point, it will contribute 8% to GDP.

Compare this globally. Real estate contributes 26% to China’s GDP. In the US, it contributes 18%. India still has a lot of room to grow. Rising incomes, more urban migration, and a larger middle class are driving this shift. Consequently, Real Estate in pan-India is just the beginning of a much bigger story.

Pan India Real Estate 2025: Year-by-Year Sales Growth

Sales have grown every single year since 2021. Here is how the total value of homes sold has risen across Tier-1 cities:

  • CY 2021: ₹3,43,358 Crore
  • CY 2022: ₹4,49,157 Crore
  • CY 2023: ₹6,00,598 Crore
  • CY 2024: ₹6,73,168 Crore
  • CY 2025: ~₹7,30,000 Crore

The growth is steady and real. This is not a bubble. Rather, it shows genuine demand from buyers who want better homes in better locations.

Which Cities Lead Pan-India Real Estate 2025?

NCR leads the market with a 25% value share. MMR follows closely at 23%. Together, they account for nearly half of all national housing sales. Hyderabad holds third place at 17%. Bengaluru contributes 14%. Pune, Ahmedabad, Chennai, and Kolkata share the rest.

NCR has overtaken MMR in value terms for the first time. This is a big deal. Price appreciation in Gurugram, Noida, and Delhi has been extraordinary. As a result, NCR now sits firmly at the premium end of Pan India.

Pan India Real Estate 2025: City-wise Growth

NCR – 400% Growth and India’s Fastest-Rising Market

NCR is the biggest growth story in Pan India. Sales jumped from ₹37,533 Crore in 2021 to ₹1.83 Lakh Crore in 2025. That is 400% growth in four years. The average ticket size also rose sharply. It went from ₹0.89 Crore to ₹3.64 Crore – a 307% jump. No other city comes close. Luxury demand in Gurugram and Noida’s rise as a premium market is the key driver.

MMR – Steady Growth in India’s Financial Capital

MMR delivered 50% growth in Pan India. Sales rose from ₹1,14,866 Crore to ₹1.71 Lakh Crore. The average ticket size grew 30%, from ₹0.87 Crore to ₹1.12 Crore. MMR’s growth may look modest in percentage terms. In absolute numbers, though, it remains one of India’s largest markets.

Bengaluru – 170% Growth Backed by Tech Demand

Bengaluru posted 170% growth in value terms. Sales rose from ₹39,591 Crore to ₹1.06 Lakh Crore. The average ticket size grew 87%, from ₹0.91 Crore to ₹1.71 Crore. Demand here is consistent and deep. A strong tech-sector employment base continues to drive Pan India Real Estate 2025 performance in this city.

Hyderabad – Strong Growth With a Brief Dip

Hyderabad peaked in CY 2023 at ₹1,17,936 Crore. After a brief dip in 2024, it recovered to ₹1.05 Lakh Crore in 2025. Overall, the city delivered 90% growth from 2021 levels. Additionally, the average ticket size rose 77% to ₹1.96 Crore. Hyderabad remains a strong and resilient market in India.

Pune – Affordable and Consistently Growing

Pune recorded 80% growth, reaching ₹66,000 Crore in CY 2025. Its average ticket size rose 45%, from ₹0.54 Crore to ₹0.78 Crore. Pune attracts young professionals and families. It offers an urban quality of life at prices that are still accessible

Ahmedabad, Chennai, and Kolkata

Ahmedabad saw a 54% rise in average ticket size. Chennai recorded 31% growth. Kolkata posted 38%. Their market shares are smaller. However, their consistent appreciation shows that premiumization is spreading well beyond India’s top four metros.

Noida vs. Gurugram in Pan-India Real Estate 2025

This rivalry is one of the most interesting stories in Pan India Real Estate 2025. In 2021, Noida sold roughly half the units Gurugram did. By 2025, the two cities are nearly equal. Gurugram sold 20,393 units. Noida sold 19,017 units. That is 75% unit volume growth for Noida in four years.

A value gap still exists, though. Gurugram generated ₹1.06 Lakh Crore. Noida generated ₹53,000 Crore. The reason is simple. In Gurugram, 64% of units sold were priced above ₹5 Crore. Noida is growing fast, but it still has ground to cover in value per unit.

Premiumization: The Biggest Trend in Pan-India Real Estate 2025

The most important trend in Pan India Real Estate 2025 is premiumization. Nationally, there is now a 50-50 split between homes priced below and above ₹2 Crore. That is a massive shift from just a few years ago.

Delhi and Gurugram lead the premium wave. A remarkable 98% of units sold in these cities were priced above ₹2 Crore. Ghaziabad follows at 90%. Then comes Noida at 84%, Bengaluru at 75%, Hyderabad at 73%, and Mumbai at 67%. In the ultra-luxury segment above ₹5 Crore, Gurugram leads at 64%. Mumbai follows at 38%, and Noida at 37%. Therefore, luxury housing is no longer a niche in Pan-India it is the mainstream.

Affordable Housing Is Moving to the Periphery

Affordable homes below ₹1 Crore are disappearing from prime city zones, especially in NCR and MMR. Peripheral markets now carry most of this supply — Palghar at 99%, Raigad at 88%, Thane at 81%, and Pune at 78%. For developers and investors, these zones offer a real opportunity. However, metro connectivity, roads, and social infrastructure must follow to sustain long-term buyer demand.

The Brokerage Boom in 2025

Pan India Real Estate 2025 is creating a massive brokerage opportunity. Brokerage value in CY 2025 stands at ₹18,000 Crore – exactly 2x the level in CY 2021. Rising ticket sizes mean higher earnings per deal across every major city. As buyers demand better service and greater transparency, organised and data-driven brokers are best placed to capture this growing opportunity.

Final Thoughts on Pan India Real Estate 2025

Pan India Real Estate 2025 tells a clear story. The market has grown 2.15x since 2021, NCR delivered 400% growth, and luxury is now mainstream. Three-BHK-plus is the dominant home type, and the brokerage market has doubled to ₹18,000 Crore.

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Quest Coworks Acquires Over 57,500 Sq Ft Office Space in Andheri East for ₹55.84 Crore

Quest Coworks Private Limited has strengthened its presence in Mumbai’s commercial real estate market by acquiring over 57,500 sq ft of office space in Andheri (East) for ₹55.84 crore. According to property registration documents accessed by CRE Matrix, the company purchased five office units from Capgemini Technology Services India Limited, marking a significant step in its expansion strategy.

Deal Details

The acquisition includes five office units at Akruti Softech Park, located in the MIDC Marol Industrial Area—one of Andheri East’s most active commercial corridors. The transaction was registered on March 16, 2026, with a stamp duty payment of ₹3.58 crore.

Each unit ranges between 10,500 sq ft and 11,885 sq ft. The individual deal values range from ₹10.18 crore to ₹11.52 crore.

In addition to the office units, the transaction also includes 51 car parking spaces. This enhances the overall value and usability of the asset for enterprise clients and flexible workspace operations.

Focus on Enterprise & Flex Demand

Prasad Shinde, Founder of Quest Coworks, emphasized that the acquisition aligns with the company’s long-term growth plans in Mumbai. He stated that the new asset will support both managed flexible workspace offerings and enterprise clients seeking large, dedicated office solutions in Andheri East.

Quest Coworks is increasingly focusing on owning premium commercial assets rather than relying solely on leased properties. This strategy allows the company to maintain better control over quality, operations, and long-term value creation.

Shinde noted that Andheri East continues to be one of Mumbai’s most sought-after business districts, making this an opportune time to deepen the company’s presence in the micro-market.

Capgemini Continues Strategic Real Estate Divestments

In a significant transaction in 2025, Capgemini Technology Limited sold Capgemini’s Knowledge Park in Airoli, Thane, near Mumbai, for ₹550 crore. The deal, recorded in September 2025, ranked among the largest commercial real estate transactions in the Mumbai Metropolitan Region that year.

The asset was acquired by Prime Lohegaon Infraspaces LLP, a subsidiary of Pune-based Panchshil Realty.

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Prabhu Deva Sells Two Luxury Apartments in Mahalaxmi for ₹14.8 Crore

Prabhu Deva Sells Two Luxury Apartments in Mahalaxmi for ₹14.8 Crore

Actor-choreographer Prabhu Deva has offloaded two premium apartments in one of central Mumbai’s most coveted residential towers. According to documents accessed by CRE Matrix, the properties in Mahalaxmi were sold for a combined value of ₹14.8 crore. Registered on March 13, 2026, the transactions underscore sustained demand in Mumbai’s high-end residential market.

Deal Details, Pricing, and Property Overview

According to the documents accessed, both apartments are located in the A1 Wing of Minerva Tower, off N.M. Joshi Marg. Each unit was sold for ₹7.4 crore, indicating uniform pricing for similar configurations within the project. The per-square-foot rate is approximately ₹57,000. This indicates strong buyer appetite for premium residences in central Mumbai.

Minerva Tower, part of the Lokhandwala Minerva development in Mahalaxmi, is among the prominent luxury residential projects in the area. The development offers high-rise living with premium amenities and enjoys proximity to key commercial hubs, making it a preferred choice for affluent homebuyers seeking convenience and connectivity within Mumbai.

Each of the two apartments has a carpet area of 1,295 sq ft, bringing the combined transacted area to 2,590 sq ft. The identical pricing and adjacent configuration of the units suggest a standardized valuation approach within the tower, which often appeals to investors and end-users looking for consistency in premium developments.

Appreciation and Market Trends

The documents indicate that the apartments were originally part of an agreement executed in 2012 and have since appreciated significantly. This growth mirrors the broader trend of capital appreciation across South and Central Mumbai’s luxury housing markets, where limited supply and sustained demand continue to support property values.

Market Implications

This transaction highlights the resilience of Mumbai’s luxury residential segment. Consistent pricing, strong resale values, and demand for completed projects continue to define the market. Prime micro-markets like Mahalaxmi remain attractive to both investors and end-users, reinforcing their position as key real estate hotspots in the city.

Recent Transactions

Recent real estate transactions involving Bollywood celebrities in Mumbai highlight steady demand for luxury homes across prime locations like Bandra, Juhu, and Worli, reflecting continued investor confidence and lifestyle-driven purchases in the city’s premium housing segment.

In a recent transaction, Bollywood actor Preity Zinta sold an apartment in Mumbai’s upscale Pali Hill area of Bandra for ₹18.5 crore. In another transaction, Madhuri Dixit Nene and her husband, Dr. Shriram Madhav Nene, sold their luxury apartment in Mumbai’s premium Juhu locality for ₹3.9 crore.

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Promoters Sell ₹121 Crore Apartment at Raheja Artesia in Worli

Promoters Sell ₹121 Crore Apartment at Raheja Artesia in Worli (2)

Promoters of K Raheja Corp have sold a super-luxury apartment in Mumbai’s premium residential market. Ravi Raheja, group president of the company, and his wife Sumati Raheja sold a 6,772 sq ft apartment at Raheja Artesia in Worli for ₹121 crore.

The buyers, Shree Dhootapapeshwar Ltd, manufacture and sell Ayurvedic medicines and health supplements. The transaction highlights the continued momentum in Mumbai’s ultra-luxury residential market. Property registration documents show that the transaction was officially registered on February 26, according to data accessed by CRE Matrix.

Property and Transaction Details

The apartment sits on the 44th floor of the tower and spans 6,772 sq ft of built-up area. It also includes an additional 367 sq ft balcony or open terrace space.

Including the outdoor area, the deal value translates to roughly ₹1.7 lakh per square foot. The residence also comes with six dedicated car parking spaces.

Promoters Monetising Premium Inventory

Developers and promoters often retain select inventory in luxury projects and sell these units later as property values rise. Recent transactions at the same project reflect this strategy.

Angel investor Radha Tanti, wife of Suzlon Energy executive vice chairman Girish Tanti, recently purchased another apartment in the same tower from Ravi and Sumati Raheja for ₹123.5 crore.

In another transaction, Chandru Raheja and Jyoti Raheja sold two residences in the building to Suresh Pareek and Veena Pareek, promoters of Ideal Cures Pharma, for a combined ₹190.1 crore. That deal was priced at approximately ₹1,35,970 per sq ft.

Worli’s Luxury Market Continues to Break Records

The latest sale adds to a growing list of high-value transactions in Worli, where several homes have sold for over ₹100 crore in 2024 and 2025.

Limited supply, sea-facing locations, and strong demand from ultra-high-net-worth individuals have strengthened the neighbourhood’s reputation as Mumbai’s “billionaire street.” Premium developments such as Naman Xana, Three Sixty West, and Lodha Sea Face have attracted prominent buyers in recent years.

According to Abhishek Kiran Gupta, CEO of CRE Matrix, such high-value transactions reflect the depth of Mumbai’s ultra-luxury housing segment. Wealthy buyers increasingly view prime homes in the city as both a lifestyle investment and a long-term wealth asset.

Recent transactions at Raheja Artesia highlight the strong demand for ultra-luxury homes in Worli. Several high-value deals involving prominent business families and investors underscore the growing appetite for prime residential assets in Mumbai’s most exclusive neighbourhoods.

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India’s Warehousing Market Crosses 400 Million Sq Ft Grade A Stock in CY’25

India’s Warehousing MarkeT 2025

India’s warehousing market reached a major milestone in CY’25. According to the latest Grade A India Warehousing Report – Q4 CY’25, it highlights strong growth in the logistics sector. The report was released by CRE Matrix with CREDAI National.

The report shows that Grade A and A+ warehouse stock in India has crossed 401.8 million sq ft. This reflects the fast growth of modern logistics infrastructure in the country. Many companies are expanding their supply chains. As a result, demand for warehouses continues to rise.

Logistics firms, manufacturing companies, and e-commerce players are driving this demand. Therefore, developers are building more Grade A warehouses across major logistics hubs.

India’s Warehousing Market Performance in CY’25

India’s warehousing market saw strong activity in CY’25. Total leasing demand reached 73.2 million sq ft during the year. This shows a 23 percent increase compared to last year.

Meanwhile, developers also increased construction. Total supply reached 56.3 million sq ft in CY’25. This represents a 39 percent year-on-year increase.

However, the market remained stable. Demand stayed higher than new supply. The demand-to-supply ratio stood at 1.3X during the year.

At the same time, vacancy levels improved. Vacancy declined to 6.6 percent across the top seven cities. Moreover, 3PL logistics, manufacturing, and automotive sectors drove most of the demand.

India’s Warehousing Market City-Wise Trends

India’s warehousing market is supported by several major logistics hubs. Each city contributes to the development of modern supply chains across the country.

Pune

Pune emerged as the largest warehousing market in CY’25. The city accounted for about 21 percent of total demand and around 23 percent of supply across India. Moreover, strong industrial activity continues to support warehouse development in locations such as Chakan, Talegaon, and Ranjangaon.

NCR

NCR remains one of the most important logistics markets in India’s warehousing market. The region contributed around 20 percent of total demand and about 20 percent of supply in CY’25. Meanwhile, major warehouse clusters are located in Gurugram, Manesar, Bhiwadi, and Dadri.

MMR

The Mumbai Metropolitan Region continues to be a major warehousing hub. This is mainly due to its strong consumption base and port connectivity. As a result, MMR accounted for about 15 percent of total demand and around 16 percent of supply in CY’25. Locations such as Bhiwandi, Kalyan, and Navi Mumbai remain key logistics centres.

Bengaluru

Bengaluru also continues to see strong demand in India’s warehousing market. This growth is supported by e-commerce expansion and rising consumption. Similarly, the city accounted for around 15 percent of demand and about 17 percent of supply in CY’25. Major logistics clusters include Hoskote, Hosur Road, and Nelamangala.

Chennai

Chennai remains an important logistics hub in South India. The city contributed about 7 percent of demand and around 7 percent of supply in CY’25. Moreover, strong manufacturing activity supports warehouse demand in areas such as Sriperumbudur and Oragadam.

Hyderabad

Hyderabad is a fast-growing logistics market. The city accounted for around 3 percent of total demand and about 7 percent of supply in CY’25. Meanwhile, key logistics locations include Patancheru, Shamshabad, and Medchal.

Ahmedabad

Ahmedabad is emerging as a regional logistics hub in western India. The city contributed around 3 percent of total demand and about 3 percent of supply in CY’25. Therefore, industrial growth and regional connectivity continue to support warehouse development.

Future Outlook for India’s Warehousing Market

India’s warehousing market is expected to grow steadily in the coming years. Demand for modern logistics facilities continues to increase across major markets. In fact, the report shows that leasing demand grew by 23 percent in CY’25.

At the same time, vacancy levels are improving across key cities. Vacancy has declined to 6.6 percent across the top seven warehousing markets. As a result, this indicates steady absorption of Grade A warehouse space.

Moreover, rising consumption and e-commerce expansion will continue to drive warehouse demand. Developers are also building larger logistics parks across key markets.

Overall, India’s warehousing market will remain an important part of the country’s supply chain and economic growth.

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Bobby Deol and Tania Deol Invest Over ₹15 Crore in Commercial Offices in Andheri West

Bobby Deol and Tania Deol Invest Over ₹15 Crore in Commercial Offices in Andheri West (2)

Actor Bobby Deol and his wife, Tania Deol, have made a notable commercial real estate investment in Mumbai. The couple has acquired multiple office units worth over ₹15 crore in Andheri West. According to property registration documents accessed by CRE Matrix, the units are located at Yura Business Park – Phase 2 along the Andheri–Versova Link Road. The transactions highlight continued investor interest in commercial office assets in one of Mumbai’s key business micro-markets.

Deal Details

Bobby Deol purchased Unit C-201, a 71.44 sq. m. office, for ₹3.32 crore, paying ₹19.93 lakh in stamp duty. He also purchased Unit C-202, measuring 79.15 sq. m., for ₹3.68 crore, with stamp duty of ₹22.08 lakh.

Meanwhile, Tania Deol, through her company Greenstone Investments Private Limited, purchased three more units in the same project. These include Unit C-203 (50.63 sq. m., ₹2.35 crore, ₹14.12 lakh stamp duty), Unit C-204 (78.50 sq. m., ₹3.65 crore, ₹21.9 lakh stamp duty), and Unit C-205 (43.94 sq. m., ₹2.04 crore, ₹12.26 lakh stamp duty).

Strategic Investment by Bobby Deol

Bobby Deol and his wife, Tania Deol, have expanded their presence in Mumbai’s commercial real estate by purchasing multiple units. Tania Deol further acquired three additional spaces, bringing their combined investment to over ₹15 crore. Andheri West offers high rental yields, strong capital appreciation, and proximity to media houses, studios, and corporate offices, making it attractive for office tenants. This purchase reflects Bobby Deol’s smart strategy to diversify assets, earn stable rental income, and invest in a high-demand commercial market.

Why Andheri West is Attractive for Investors

Andheri West is one of Mumbai’s most sought-after commercial micro-markets. It offers excellent connectivity through the Andheri–Versova Link Road and is close to media houses, studios, and corporate offices. Office spaces here provide rental yields of 8–10%, often higher than luxury residential properties.

The area attracts not only businesses but also draws high-net-worth individuals and celebrities, looking for stable, income-generating assets. Strong infrastructure, modern commercial projects, and consistent demand make it a preferred choice for investors. With strong demand and limited supply, investing in Andheri West offices is seen as a smart long-term strategy.

Recent Transactions

Recent commercial transactions in Mumbai are increasingly seeing growing interest from celebrities investing in premium office and retail spaces. These buyers are entering the commercial property market, reflecting confidence in well-located assets across key micro-markets that offer stable rental income and long-term value growth.

In a recent transaction, the parents of Hrithik Roshan leased commercial space in Andheri West for ₹14.5 lakh/month, reflecting the strong leasing activity and continued interest in Mumbai’s prime commercial locations.

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