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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

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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Preity Zinta Sells Bandra Apartment for ₹18.5 Crore After Redevelopment

Preity Zinta Sells Bandra Apartment for ₹18.5 Crore

Bollywood actor Preity Zinta has sold an apartment in Mumbai’s upscale Pali Hill area of Bandra for ₹18.5 crore. Property registration documents accessed by CRE Matrix confirm the transaction.

The apartment came to Zinta in April 2025 after her residential building underwent redevelopment. This sale marks her second apartment transaction within four months.

Property and Transaction Details

The property sits in the Rustomjee Parishram building in Bandra’s Pali Hill neighbourhood. The apartment measures about 1,770 sq ft and sits on the 11th floor of the building. The sale was officially registered on March 2, 2026.

Documents show that Priya Nagar and Rajeev Nagar, US citizens of Indian origin, purchased the apartment. The transaction involved a stamp duty payment of ₹1.11 crore and a registration fee of ₹30,000.

Second Apartment Sale in Four Months

This is Zinta’s second property sale in the same building within four months. In November 2025, she sold another apartment in the building for over ₹14 crore. That apartment measured 1,474 sq ft and was also located on the 11th floor of Rustomjee Parishram.

Property Allotted After Redevelopment

Zinta owned property in the building for several years before redevelopment. According to CRE Matrix, the apartment was allotted to her as Permanent Alternate Accommodation (PAA) after the building was redeveloped.

The redevelopment took place under an agreement between the housing society and developer Keystone Realtors, which operates under the Rustomjee brand. The parties formalised the agreement on October 23, 2023. Under the redevelopment terms, residents received new apartments in the upgraded building once construction was finished.

Recent Celebrity Transactions

Recent celebrity real estate transactions highlight the strong demand for luxury homes in Mumbai. From high-value purchases to strategic sales, actors and public figures continue to actively buy, sell, and lease premium properties across the city’s most sought-after neighbourhoods.

In a recent transaction, television actor Tejasswi Prakash purchased a premium apartment in Mumbai’s upscale Bandra West locality for ₹7.63 crore. In another transaction, Bollywood actor Ishaan Khattar has purchased a premium apartment in Pali Hill, Bandra, for ₹29.37 crore.

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Airbus India Private Limited Expands Bengaluru Footprint to Nearly 8 Lakh Sq Ft

Airbus India Private Limited Expands Bengaluru Footprint to Nearly 8 Lakh Sq Ft (3)

Global aerospace and defence major Airbus India Private Limited has leased 1.51 lakh sq ft of office space at Titanium Tech Park in Bengaluru, according to documents accessed by CRE Matrix. The deal strengthens the company’s long-term expansion strategy in India. With this addition, Airbus continues to scale its technology and engineering footprint in the city.

Deal Details 

Airbus leased 1,14,955 sq ft across the third and fourth floors and 36,755 sq ft on the ground floor. The company agreed to pay ₹64 per sq ft per month. It will pay ₹73.57 lakh for the upper floors and ₹23.52 lakh for the ground floor. The total leased area stands at 1,51,710 sq ft. The total monthly rent stands at ₹97.09 lakh. The lease runs for eight years until October 31, 2034. The company paid a security deposit of ₹4.75 crore for the upper floors and ₹1.52 crore for the ground floor. The agreement also includes 203 parking spaces across all floors.

Earlier 6.2 Lakh Sq Ft Commitment

Last year, Airbus leased over 6.2 lakh sq ft in the same tower to establish its global capability centre. The company took 5.63 lakh sq ft across the sixth to the fifteenth floors at a monthly rent of ₹3.60 crore. It also leased 57,508 sq ft on the fifth floor for ₹36.80 lakh per month. The earlier agreement included a scalability clause that allowed Airbus to add another 1.5 lakh sq ft and extend the lease by five years, potentially making it a 15-year commitment.

Market Outlook and Sentiments

India’s office market continues to show strong momentum, with leasing activity nearing record levels and Bengaluru leading demand. Global capability centres, technology firms, and flex operators are driving fresh absorption despite global uncertainties.

Improving sentiment indicators reflect renewed confidence in premium office assets. The Airbus expansion aligns with this broader optimism, as large occupiers continue to secure quality space in Bengaluru. This, in turn, indicates sustained demand in India’s commercial real estate market.

Recent office space transactions in Bengaluru highlight sustained demand from global occupiers and technology majors. In one of the largest commercial leasing deals of 2025, IBM India Pvt. Ltd. leased 161,884 sq ft of Grade-A office space at Embassy Golflinks Business Park (EGL), Bengaluru.

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Merlin Group Acquires 3.3-acre land near Pune’s Koregaon Park for Rs 273 crore

Merlin Group Acquires 3.3-acre land near Pune’s Koregaon Park for Rs 273 crore

Merlin Group has acquired a 3.26-acre land parcel in Mundhwa, near Koregaon Park in Pune, for ₹273 crore. The deal strengthens the developer’s presence in western India and signals its growing focus on commercial real estate in high-demand micro-markets.

The transaction was registered on February 20. The buyer paid a stamp duty of ₹19.11 crore, according to documents accessed via CRE Matrix.

Office-Led Commercial Project with ₹1,000 Crore Investment

Merlin Prime Spaces, a subsidiary of the Kolkata-based developer, will develop an office-led commercial project on the site. The company plans to invest over ₹1,000 crore in total, including the land cost. Out of this, nearly ₹800 crore will go toward construction, development, and associated project expenses. The project is expected to have a commercial value of around ₹3,000 crore upon completion, owing to strong tenant demand and the prominence of the location

While exact designs are still being worked out, Merlin Group has stated that the site would be used to build a large-format commercial project. According to industry opinion and market sources, the development is intended to address:

  • Office occupiers
  • BFSI businesses (Banking, Financial Services, and Insurance)
  • Global Capability Centers (GCC)

With this focus, the project is projected to capitalize on Pune’s growing office leasing demand and appeal to corporations seeking superior workspace options.

Strengthening Presence in Pune

Merlin Group entered Pune in 2021 and has steadily expanded its footprint in the city. The company is currently developing three projects across segments.

These include one commercial project, one mixed-use development, and one premium residential project. Together, they account for nearly 1 million sq ft of development.

The developer also plans to launch another commercial project in Baner. At the same time, it is evaluating opportunities in Navi Mumbai to strengthen its western India portfolio.

Why Mundhwa–Koregaon Park Is Attracting Developers

The Joregaon–Mundhwa belt has seen rising developer interest in recent years. Its proximity to established employment hubs such as Kharadi, Magarpatta, and Hadapsar continues to drive both commercial and residential demand.

Improved connectivity and expanding social infrastructure have further enhanced the micro-market’s appeal. Organised developers are actively acquiring land here to replenish their pipelines.

Large-scale transactions in this corridor often signal upcoming commercial or mixed-use projects. Steady land deals in Pune reflect sustained developer confidence in the city’s long-term growth trajectory.

Recent Land Transactions in Pune

Recent land transactions in Pune reflect steady developer confidence across key micro-markets. Acquisitions in established and emerging corridors signal plans for residential, commercial, and mixed-use projects. Strong end-user demand, improving infrastructure, and employment growth continue to drive strategic land buying activity in the city.

In a recent transaction, Pristine Landmark Spaces LLP signed a deal to acquire a large 4.2-acre land parcel in Vadgaon Sheri for ₹250 crore.

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Suryakumar Yadav’s Wife Devisha Shetty Buys ₹7.18 Crore Apartment in Chembur

Suryakumar Yadav’s Wife Devisha Shetty Buys ₹7.18 Crore Apartment in Chembur

Devisha Shetty, wife of Indian cricketer Suryakumar Yadav, has added a premium Mumbai property to her portfolio with the purchase of a luxury apartment in Chembur. Property registration documents reviewed by CRE Matrix show that she acquired the apartment for ₹7.18 crore. The transaction was officially registered on February 20, 2026.

Deal Details and Possession Timeline

The apartment is located in Godrej Sky Terraces, a premium residential project in Chembur. The project is developed by Godrej Properties Limited and offers modern amenities and upscale living. The unit spans 140.86 square metres and comes with two car parking spaces. The deal attracted a stamp duty payment of ₹35.90 lakh. As per the agreement for sale, possession of the apartment is scheduled for June 30, 2028.

Celebrity Interest in Mumbai Real Estate

Mumbai’s premium residential market continues to attract celebrities and high-net-worth buyers. Chembur is emerging as a key luxury micro-market, driven by improving connectivity and premium developments. Projects like Godrej Sky Terraces offer lifestyle upgrades along with long-term value, adding to the growing list of high-value residential transactions in the city.

Adding to celebrity real estate activity, Bollywood actor Ishaan Khattar acquired a luxury apartment in Pali Hill, Bandra, for ₹29.37 crore. In a separate transaction, television actor Tejasswi Prakash purchased a premium apartment in Mumbai’s upscale Bandra West locality for ₹7.63 crore.

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Lodha Developers Limited Signs ₹364.81 Crore JDA for Parel–Sewri Land Parcels

Lodha Developers Limited Signs ₹364.81 Crore JDA for Parel–Sewri Land Parcels

Mumbai’s redevelopment story continues to gather pace. Lodha Developers Limited has signed a ₹364.81 Crore joint development agreement (JDA) for over 10 acres of land in the Parel–Sewri belt of central Mumbai.

Sahana Properties and Resorts Pvt Ltd and Shahana Builders and Developers Pvt Ltd, both part of the Sahana Group, executed the agreement with Lodha Developers. The parties registered the transaction on February 11, 2026. Lodha Developers paid ₹37.2 crore in stamp duty, according to property registration documents accessed by CRE Matrix.

Project Details and Revenue Share

The total land parcel measures 41,526 square metres. The land parcels covered under the joint development are located on Thackeray Jivraj Cross Road in the Parel–Sewri belt. The project will be developed under the Lodha brand.

Under the terms of the JDA, revenue will be shared between the partners. Lodha Developers will hold a 67 per cent share, while the Sahana Group will receive 37 per cent. The construction timeline for the project is five years.

The deal structure reflects a capital-efficient expansion strategy. Instead of outright land acquisition, joint development allows developers to unlock value while sharing risk and returns with landowners.

Parel–Sewri: A Key Redevelopment Corridor

The Parel–Sewri micro-market has emerged as a major redevelopment hub in central Mumbai. Once dominated by industrial land and aging structures, the belt is now transforming into a mixed-use residential and commercial destination.

Improved connectivity, proximity to South Mumbai, and ongoing infrastructure upgrades have significantly increased the area’s appeal. As a result, demand has strengthened in this micro-market. Moreover, large land parcels are rare in Mumbai, making a 10-acre aggregation in this location a strong signal of long-term development potential.

At the same time, three key factors continue to drive redevelopment in central Mumbai: limited greenfield supply, strong end-user demand, and infrastructure-led value appreciation. Consequently, as landowners and developers replace older buildings and defunct industrial plots, they are actively launching premium housing projects and integrated lifestyle developments to meet evolving buyer expectations.

The Bigger Redevelopment Story

Mumbai’s growth is no longer about horizontal expansion. It is about vertical transformation. Central neighbourhoods like Parel and Sewri are being reimagined through structured redevelopment and planned projects.

Large JDAs such as this underline how developers are securing strategic land parcels without heavy upfront acquisition costs. At the same time, landowners participate in future upside.

As infrastructure upgrades advance and redevelopment accelerates, developers will continue to add sustained residential supply across central Mumbai. The key question will be absorption. If demand momentum holds, projects in well-connected micro-markets are likely to remain resilient.

This 10-acre deal adds another chapter to Mumbai’s evolving redevelopment landscape.

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Tejasswi Prakash Buys ₹7.63 Crore Luxury Apartment in Bandra West

Tejasswi Prakash Buys ₹7.63 Crore Luxury Apartment in Bandra West (2)

Television actor Tejasswi Prakash has purchased a premium apartment in Mumbai’s upscale Bandra West locality for ₹7.63 crore, according to property registration documents accessed by CRE Matrix.

The transaction adds to the steady stream of celebrity investments in Mumbai’s high-value residential market. Many of these investments focus on prime micro-markets known for exclusivity and long-term appreciation potential.

Property Details: Bay Heights, Bandra Reclamation

The apartment is located in Bay Heights on Krishna Chandra Marg in Bandra Reclamation. It is one of the most sought-after residential pockets in Mumbai. The project has been developed by Excel Enterprises India Private Limited.

The apartment measures 121.14 sq metres (approximately 1,304 sq ft) and comes with two dedicated car parking spaces. The transaction was officially registered on February 16, 2026.

The actor paid ₹38.15 lakh in stamp duty. As per the agreement, the developer will hand over possession on November 29, 2030.

Bandra West: A Celebrity Favourite

Bandra West continues to be a magnet for high-net-worth individuals, business leaders, and film and television personalities. Its appeal lies in a combination of strategic location and lifestyle advantages—proximity to key business districts, premium sea-facing developments, upscale retail, dining hubs, and established social infrastructure.

Over the years, Bandra has maintained strong capital values despite broader market fluctuations, making it a preferred destination for end-users and investors alike. The locality’s limited land availability and consistent demand have contributed to sustained price resilience.

A Look at Tejasswi Prakash’s Career

Tejasswi Prakash, also known as Tejasswi Prakash Wayangankar, is a prominent face in Hindi television and Marathi cinema. She is the recipient of prestigious industry honours, including the Indian Television Academy Award and the Indian Telly Award. Her growing popularity and consistent on-screen presence reflect her strong standing in the entertainment industry.

Recent Transactions

This acquisition reflects a larger trend in Mumbai’s luxury housing market, where buyers continue to invest in premium homes despite high property prices. Celebrity deals such as this draw significant attention, shape market sentiment, and strengthen confidence in prime micro-markets. With constrained supply and consistent demand, these neighbourhoods remain a preferred choice for celebrities and long-term investors.

In another notable deal, Bollywood actor Ishaan Khattar acquired a luxury apartment in Pali Hill, Bandra, for ₹29.37 crore.

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Reliance Industries Limited Buys Three Luxury Homes at One Altamount Road for ₹85 Crore

Reliance Industries Limited Buys Three Luxury Homes at One Altamount Road for ₹85 Crore

In a significant luxury real estate transaction in South Mumbai, Reliance Industries Limited has purchased three residential units at One Altamount Road for ₹85 crore, according to property registration documents accessed by CRE Matrix.

Deal Details

The company acquired three units with a combined carpet area of around 3,162 sq ft, including a primary apartment measuring approximately 2,004.8 sq ft and two additional units of about 578.67 sq ft each. India Best Buy Private Limited sold the properties. The deal was registered on February 10, 2026, and Reliance Industries Limited paid nearly ₹5.10 crore in stamp duty, according to official documents.

A Premium South Mumbai Address

One Altamount Road stands in the prestigious Altamount Road–Cumballa Hill belt. The location ranks among Mumbai’s most exclusive residential zones. It attracts industrialists, business families, and ultra-high-net-worth buyers seeking prime city addresses.

Corporate Demand Remains Strong

This acquisition highlights sustained corporate interest in South Mumbai’s luxury housing market. Large companies and high-net-worth individuals continue to invest in prime assets despite high property prices and significant transaction costs.

The deal reinforces confidence in Mumbai’s top-tier residential micro-markets, where demand remains resilient for trophy properties.

Recent Transactions

Mumbai’s luxury real estate market has witnessed a steady surge in high-value transactions, with corporates, industrialists, and high-net-worth individuals acquiring premium homes in prime locations. Despite elevated prices, demand for exclusive addresses in South Mumbai continues to remain resilient.

In a recent transaction, Radha Tanti, angel investor and wife of Suzlon Energy executive vice chairman Girish Tanti, purchased a premium apartment in Worli for Rs 123.5 crore. In another transaction, a US-based Non-Resident Indian (NRI) purchased two sea-facing luxury apartments in Bandra West, Mumbai, for a staggering ₹56 crore.

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Pristine Landmark Acquires Strategic Land Parcel in Pune’s Vadgaon Sheri

Pristine Landmark Acquires Strategic Land Parcel in Pune’s Vadgaon Sheri

Pune’s land market is heating up once again, with developers stepping up land acquisitions in high-growth micro-markets. According to documents accessed by CRE Matrix, Pristine Landmark Spaces LLP has signed a deal to acquire a large 4.2-acre land parcel in Vadgaon Sheri for ₹250 crore. The transaction reflects growing developer confidence in locations backed by office demand, infrastructure connectivity, and steady residential absorption.

Key Deal Highlights

Pristine Landmark Spaces LLP has signed an agreement to acquire a 4.2-acre land parcel in Pune’s Vadgaon Sheri for ₹250 crore. The agreement was registered on February 4, with stamp duty of ₹17.5 crore paid on the transaction. Kumar City Co-operative Housing Society Ltd. is the seller in the deal.

Strategic Impact of the Acquisition

The land acquisition strengthens Pristine Landmark’s presence in Pune. It supports long-term development plans in the city. Vadgaon Sheri offers access to major employment hubs. The location also provides proximity to the airport and key business districts. Such areas continue to attract developer interest. The deal reflects a focused and future-ready growth strategy.

Why Vadgaon Sheri Remains a Key Micro Market

Vadgaon Sheri has evolved into a well-established residential zone in East Pune. It benefits from direct access to Nagar Road and nearby commercial districts. The area is close to major IT and business hubs. Social infrastructure has also improved over time. Schools, healthcare, and retail options are easily accessible. These factors continue to support steady residential demand. Developers see long-term value in this micro market.

Pune Real Estate Market Outlook

Pune continues to stand out as a stable and high-performing real estate market. Demand remains driven by strong employment growth. The city has a deep base of IT and manufacturing companies. Infrastructure upgrades are improving connectivity across key corridors. Homebuyers continue to show long-term confidence. Developers are actively securing land in prime locations. These trends point toward sustained and balanced growth for the city.

Recent Transactions

Recent land deals in Pune point to a clear shift in developer strategy. With demand holding firm and supply staying disciplined, builders are actively securing large parcels across key growth corridors, signalling confidence in the city’s long-term residential and mixed-use development prospects.

In a recent transaction, Mumbai-based real estate major K Raheja Corp, through its subsidiary KRC Queens Pvt Ltd, purchased a 7.43-acre land parcel in Mahalunge near Pune’s thriving Hinjewadi IT hub.

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Bollywood Actor Ishaan Khattar Buys ₹29.37 Cr Luxury Home in Mumbai’s Pali Hill

Ishaan Khattar Buys ₹29.37 Cr Luxury Home in Mumbai’s Pali Hill

Mumbai’s luxury housing market has recorded another celebrity transaction. Bollywood actor Ishaan Khattar has purchased a premium apartment in Pali Hill, Bandra, for ₹29.37 crore. Property registration documents accessed by CRE Matrix confirm the deal. The transaction once again underlines Pali Hill’s position as one of Mumbai’s most sought-after luxury residential micro-markets.

Deal Snapshot: Key Details

Ishaan Khattar has acquired a luxury apartment at Navroz Apartments in Bandra’s prime Pali Hill neighbourhood, under the Navroze Premises Co-operative Society. Kapil M Mahtani sold the property, and the transaction was registered on February 5, 2026. The apartment measures 2,989.05 sq ft in carpet area and comes with four parking spaces. As per the documents, Khattar paid ₹1.76 crore as stamp duty for the transaction.

Why Pali Hill Attracts Bollywood Stars

Pali Hill remains one of Mumbai’s most prestigious residential addresses. The neighbourhood continues to attract celebrities, business leaders, and high-net-worth individuals seeking exclusivity and privacy. Luxury apartments in this micro-market command premium pricing, with rates ranging between ₹80,000 and ₹1.30 lakh per sq ft. Limited supply and sustained demand keep values firm across market cycles.

Bandra’s strategic location adds to its appeal for the film fraternity. Pali Hill offers convenient access to major film production hubs in Andheri, Versova, Juhu, and Goregaon Film City. This proximity reduces commute time for actors and production teams and enhances lifestyle convenience. The location advantage continues to make Bandra a preferred residential base for Bollywood professionals.

Pali Hill’s Star-Studded Resident List

For decades, Pali Hill has served as Bollywood’s most recognisable celebrity enclave. Several leading film personalities own homes in the area, reinforcing its premium brand value. Notable residents include Shah Rukh Khan, Aamir Khan, Ranbir Kapoor, Alia Bhatt, Dilip Kumar, Jackie Shroff, and Sanjay Dutt. The concentration of high-profile residents sustains the locality’s aspirational appeal.

Recent Transactions

Mumbai’s luxury housing segment continues to record high-value buying and selling activity. Recent transactions show sustained appetite for prime assets, even as some owners monetise long-held properties. Celebrity deals, in particular, reflect confidence in premium micro-markets and reinforce their pricing power.

In a recent transaction, Bollywood actress Madhuri Dixit Nene and her husband, Dr. Shriram Madhav Nene, sold their luxury apartment in Mumbai’s premium Juhu locality for ₹3.9 crore. In another transaction, popular comedian Bharti Singh has sold her apartment in Mumbai’s Goregaon West for ₹3.75 crore.

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