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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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India Office Market 2025: Scale, Strength, and Structural Growth

India Office Market 2025 Scale, Strength, and Structural Growth

The India Office Market 2025 has entered a new phase of institutional scale. From an outsourcing destination to a globally competitive commercial real estate ecosystem, the transformation has been steady and structural. The sector continues to demonstrate resilience despite global macroeconomic shifts, supported by strong occupier confidence and long-term demand fundamentals.

According to the latest India Office Report | Q4 CY’25 released by CRE Matrix in collaboration with CREDAI National, India’s Grade A and A+ office stock has crossed 1.04 billion sq. ft — a historic milestone for the sector. This growth is supported by sustained GCC expansion, diversified demand, disciplined supply additions, and the continued leadership of key hubs such as Bengaluru and Hyderabad.

Leasing Trends in the Indian Office Market 2025

Pan-India Grade A leasing reached 82.3 million sq. ft. in CY’25, maintaining strong momentum despite global macroeconomic uncertainty. Global Capability Centres (GCCs) continued to anchor demand, while expansion remained steady across established office corridors. The BFSI sector contributed 23% of total leasing activity, and co-working operators accounted for 9%, reflecting a diversified occupier base. Nearly 60% of total leasing was concentrated in the top three cities, with large-format transactions and campus-style developments dominating activity.

Vacancy across Pan-India Grade A office stock moderated to 14.4%, supported by steady absorption and carefully calibrated supply additions. Compression was most visible in prime micro-markets, particularly Bengaluru, Hyderabad, and select pockets of NCR and Pune. Rents continued an upward trajectory, driven by flight-to-quality demand and growing preference for ESG-compliant Grade A assets, with the strongest growth in GCC-led and technology-centric corridors.

City-wise Insights: India Office Market 2025

  • Bengaluru – Under-construction stock: 125.4 msf, current stock: 264.6 msf, vacancy: 9.3%. Key demand from IT/ITeS and GCCs: major leasing in North Bengaluru, Outer Ring Road, Whitefield, and South Bengaluru.
  • Hyderabad – Under-construction stock: 119.5 msf, current stock: 169.2 msf, vacancy: 25%. Demand led by IT/ITeS, BFSI, and Industrial sectors; major hubs include Gachibowli, Hitec City, and CBD Hyderabad.
  • Delhi NCR – Under-construction stock: 68.2 msf, current stock: 196.4 msf, vacancy: 20.6%. Strong leasing in Aerocity, NH-48, Prime Gurgaon, Golf Course Road; demand driven by IT/ITeS, BFSI, Co-working, and Energy/Utilities.
  • MMR (Mumbai Metropolitan Region) – Under-construction stock: 67.8 msf, current stock: 169.9 msf, vacancy: 11.8%. Key markets include Andheri, Navi Mumbai (North & South), Central Mumbai, Western Suburbs; demand from BFSI, IT/ITeS, Co-working, and Commercial Services.
  • Pune – Under-construction stock: 61.7 msf, current stock: 115.3 msf, vacancy: 14.5%. Leasing concentrated in SBD Pune, North Pune, Hinjewadi, North East Pune; demand led by BFSI, IT/ITeS, and Co-working.
  • Chennai – Under-construction stock: 31.3 msf, current stock: 91.2 msf, vacancy: 8.9%. Major areas: Southern Suburbs I, II, III, SBD Chennai; demand led by BFSI, Health Care, IT/ITeS, Co-working.
  • Ahmedabad – Under-construction stock: 9.6 msf, current stock: 32.3 msf, vacancy: 20%. Key markets: Gift City, CBD Ahmedabad, SBD Ahmedabad; demand mainly from IT/ITeS, BFSI, Materials, and Commercial Services.

Market Balance & Future Outlook

India’s Grade A office market remains landlord-favorable, with a demand-to-supply ratio of ~1.2x in CY’25, while occupiers continue to retain flexibility. Over half of the ongoing construction is concentrated in Bengaluru and Hyderabad, keeping future supply aligned with demand hotspots. GCC expansion, rising outsourcing mandates, and the shift toward large, efficient campuses are expected to sustain strong absorption levels. Vacancy is likely to remain moderate, with prime micro-markets tightening due to flight-to-quality demand, while rentals continue to firm up, particularly in technology-driven and GCC-focused corridors, reinforcing India’s position as a preferred global office and capability hub despite ongoing global uncertainties.

Conclusion: A Market Built for the Long Term

Crossing 1.04 billion sq. ft. is not just about size. It reflects maturity, discipline, and institutional strength in India’s office sector. Development is more structured. Capital is more patient. Leasing decisions are increasingly data-driven.

As the market moves beyond the billion-square-feet milestone, the focus now shifts from expansion to efficiency and asset quality. The next phase will be defined by smarter growth, stronger assets, and sustained long-term performance across India’s leading office hubs.

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Suzlon Vice Chairman Girish Tanti’s Wife Buys Rs 123.5 Crore Luxury Home in Worli

Suzlon Vice Chairman Girish Tanti's Wife Buys Rs 123.5 Crore Luxury Home in Worli

Mumbai’s ultra-luxury home market continues to experience historic transactions, indicating strong demand at the upper end. Radha Tanti, angel investor and wife of Suzlon Energy executive vice chairman Girish Tanti, has purchased a premium apartment in Worli for Rs 123.5 crore, according to property documents accessed by CRE Matrix. The acquisition demonstrates the area’s popularity among business families and wealthy investors. It further strengthens Worli’s reputation as one of Mumbai’s most desirable premium residential areas.

Property Overview and Transaction Details

The Rs. 123.5 crore transaction includes a premium apartment on the 44th functional floor of Artesia, a super-luxury residential skyscraper near the Doordarshan Centre in Worli. The apartment has an RERA carpet area of roughly 6,772.28 sq ft. It also includes 367.05 sq ft of balcony or open terrace space, making it one of the biggest properties in the development. The seller of the property is K Raheja Corp’s Ravi Raheja and Sumati Raheja. A stamp duty of about Rs 6.18 crore was paid for registration.

Worli’s Growth as a Luxury Residential Hotspot

Worli continues to attract ultra-high-net-worth individuals because of its central location and improved connectivity, aided by infrastructure developments like the Bandra-Worli Sea Link and the coastal road, which improve access to key commercial hubs such as Lower Parel and BKC.

What This Deal Signals for Mumbai Luxury Housing

The luxury housing segment in Mumbai continues to show stable demand trends. Large-format homes in prime locations remain in limited supply. Buyers with strong balance sheets continue to prefer tangible assets. This combination supports steady demand at the top end of the market. Buyers remain selective, but premium homes in strategic locations continue to close high-value deals.

In a recent 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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Pune Emerges as India’s Strongest Housing Market in 2025

Pune Emerges as India’s Strongest Housing Market in 2025

Pune has once again proven why it remains one of India’s most resilient and dynamic residential real estate markets. According to the Pune Housing Report – January 2026 by CRE Matrix in collaboration with CREDAI Pune, the city recorded the highest housing unit sales among all Indian metros in CY 2025, reinforcing its position as the country’s most balanced housing market.

Record-Breaking Sales Volumes

In CY 2025, Pune witnessed the sale of approximately 81,000 residential units, the highest among major metros, including Mumbai, Bengaluru, Hyderabad, and Delhi-NCR. What makes this achievement even more notable is that Pune is a non-capital city, yet it continues to outperform larger and more expensive markets.

This sustained demand highlights Pune’s strong end-user base, driven by steady job creation, educational institutions, and a high quality of life.

Market Value Shows Long-Term Strength

While volume growth has remained stable, the value of homes sold in Pune reached ₹63,000 crore in CY 2025, reflecting the city’s long-term structural growth. Over the last four years, the total value of residential transactions has increased by nearly 70%, growing at a CAGR of 14%.

This trend points to rising purchasing power and a gradual shift toward larger and better-quality homes.

Pune: The Most Affordable High-Performing Metro

Despite recording the highest unit sales in the country, Pune remains one of the most affordable metro housing markets. In CY 2025, the average ticket size of homes sold stood at ₹78 lakh—significantly lower than Hyderabad (₹1.98 Cr), Bengaluru (₹1.71 Cr), Mumbai (₹2.24 Cr), and Delhi-NCR (₹3.68 Cr).

This strong balance between affordability and transaction scale continues to be Pune’s key competitive edge. Notably, the average unit value has risen to ₹78 lakh in CY’25, reflecting a robust 44% growth since CY’21.

Premium Housing on the Rise

One of the most defining trends of the Pune housing market is the rapid growth of premium and luxury segments.

  • Homes priced ₹1–2 crore saw nearly 300% growth in units sold since CY 2021
  • Homes priced above ₹2 crore recorded a 250% increase in sales during the same period

This shift is particularly visible in Central, North West, and North East Pune, signalling a clear transition toward premium urban living.

Micro-Market Insights

Different regions of Pune have shown distinct growth patterns:

  • Central Pune continues to attract premium buyers, with strong growth in ₹1 Cr+ segments
  • North and North West Pune remain volume drivers while rapidly upgrading to higher ticket sizes
  • North East Pune recorded the highest growth in average home values, driven by areas like Kharadi, Viman Nagar, and Wagholi
  • South and South East Pune continue to offer affordability, appealing to first-time homebuyers and upgraders

Supply Challenges, Demand Resilience

While housing demand has remained robust, the market has faced challenges due to delays in project approvals, leading to a decline in new launches. Despite this, sales momentum has held firm—underscoring the deep-rooted confidence buyers have in Pune’s real estate market.

With timely policy interventions and smoother approval processes, Pune’s residential sector is well-positioned to scale new highs. The city’s ability to offer livability, affordability, and economic opportunity places it in a league of its own among Indian metros.

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Thane City Housing Market Trends: Demand, Supply & Price Growth Since 2022

Thane City Housing Market Trends

Thane’s housing market value has gradually expanded, driven by constant demand and growing prices in the mid and premium segments. According to the Thane Housing Report – Jan’26 by CRE Matrix and CREDAI-MCHI Thane, while affordable and mid-range residences dominated volume, higher-priced apartments accounted for a rising share of total sales value, indicating market appreciation and buyer upgrading.

Thane City Housing Overview Since 2022

Thane’s apartment housing market expanded significantly between 2022 and 2025, owing to increased demand from Mumbai and around the world, with purchasers looking for better value and lifestyle. Property prices have consistently climbed, with 2BHK apartments dominating new launches, appealing to end-users and middle-class families. Because of the scarcity of land, large townships, skyscrapers, and contemporary facilities became more popular. Thane has been one of the fastest-growing residential hubs in the MMR thanks to improved connectivity, metro developments, and social infrastructure.

Rising Demand, Limited Supply, and Market Value

Since 2022, demand in Thane has remained continuously strong, with quarterly sales stabilizing at approximately 3,250 units, indicating consistent end-user desire. Despite a 50% decline in new launches in CY ’25, sales remained consistent at roughly 3,250 units per quarter, demonstrating continuing buyer interest. The imbalance has resulted in an 8% drop in unsold inventories, reaching 55.6k units, indicating robust absorption. Overall, low supply combined with constant demand has helped protect prices and strengthen Thane’s position as a robust residential market within the MMR. The mismatch has led to a progressive decrease in unsold inventories (~8%), indicating an improved market balance. 

Thane City Housing in a Nutshell

Thane City’s apartment market value has steadily increased throughout the years, aided by consistent demand and constrained supply. Despite a significant reduction in new product introductions in recent years, sales velocity has remained consistent, resulting in a progressive decline in unsold inventories. This demand-supply imbalance has helped sustain and push market values upward, cementing Thane’s position as a robust and appealing residential choice in the MMR.

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JP Morgan Leases 13 Lakh Sq Ft in Powai in Landmark Office Deal

JP Morgan Leases 13 Lakh Sq Ft in Powai in Landmark Office Deal

JP Morgan Services India Private Limited has leased over 13 lakh sq ft of built-to-suit commercial office space in Powai, Mumbai. This is one of the largest office leasing transactions recorded in India. The deal involves a total rental commitment of approximately ₹5,200 crore over a 20-year tenure, according to property registration documents accessed by CRE Matrix. The space will house the American investment bank’s global capability centre (GCC).

Lease Details: Rentals, Tenure, and Financial Commitments

The office space is located at One Forest Avenue, Powai. In this transaction, BSS Property Ventures Private Limited and Rajeshwar Property Ventures Private Limited have leased the property to JP Morgan Services India. Both entities operate through an SPV backed by Brookfield Properties, which holds a stake in the development.

Under the lease terms, the agreement starts at a monthly rent of ₹39 crore. This translates to a starting rental of ₹300 per sq ft for the approximately 13 lakh sq ft leased area. Additionally, the built-to-suit office will span 19 floors, including the ground floor, and offer around 1,300 parking spaces.

As part of the transaction, a security deposit of ₹468 crore has been paid. Further, the deal attracted a stamp duty of ₹125 crore, calculated on a 20-year tenure. It also includes a registration fee of ₹30,000. Meanwhile, while the initial lease term is 10 years, rentals will escalate by 4.5% annually.

Brookfield’s GCC Development Strengthens Powai’s Office Market

Brookfield Properties earlier announced a ₹9,000 crore investment to develop a 2 million sq ft global capability centre (GCC) in Powai. The campus is all set to become Asia’s largest GCC for a multinational bank.

The 6-acre development, slated for completion by 2030, will consolidate JP Morgan’s Mumbai operations into a single, state-of-the-art campus.

The transaction highlights India’s growing dominance as a global GCC hub and reinforces Powai’s status as a preferred office micro-market, driven by strong connectivity, a deep talent pool, and a mature mixed-use ecosystem.

JP Morgan’s Growing Office Footprint in India

JP Morgan is one of the world’s leading financial services firms, with a strong and expanding presence in India. Over the years, the firm has steadily scaled its office footprint in Mumbai. This reflects India’s importance as a strategic global capability and talent hub.

In another transaction, JP Morgan Services India Private Limited leased over 2.71 lakh sq ft of office space in the same location of Powai.

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Rakesh Roshan Sells 1.09-Hectare Land Parcel in Pune for ₹15 Crore

Rakesh Roshan Sells 1.09-Hectare Land Parcel in Pune for ₹15 Crore

Veteran filmmaker and Bollywood actor Rakesh Roshan has sold a 1.09-hectare land parcel in Pune district for ₹15 crore, according to property registration documents accessed by CRE Matrix.

Transaction Details

The Deed of Conveyance between Rakesh Roshan and CP Lands LLP was officially registered on December 26, 2025. As per the documents, a stamp duty of ₹1.05 crore was paid.

The land parcel is located in Lohegaon village, under Haveli taluka, Pune district. This area has been witnessing growing interest due to its proximity to key residential and commercial zones.

Lohegaon: An Emerging Micro-Market

Lohegaon has steadily gained traction as a developing real estate micro-market in Pune. This is supported by improved connectivity, infrastructure upgrades, and spillover demand from core city areas. The region’s strategic location near employment hubs and upcoming infrastructure projects has made it attractive for land aggregation and future development.

High-Value Land Transactions Signal Market Confidence

Large land deals such as this reflect sustained investor confidence in Pune’s real estate market, particularly in peripheral and growth corridors. Institutional buyers and LLPs continue to actively acquire land parcels, anticipating long-term appreciation and development potential.

Roshan Family Property Transactions 

The Roshan family’s real estate transactions reflect strategic asset management across key Indian markets. From land parcels to high-value properties, these deals highlight sustained confidence in long-term real estate value and evolving investment preferences.

In a recent transaction, Rakesh Roshan and Pramila Rakesh Roshan leased a commercial property in Mumbai to Fabindia Limited for a monthly rent of ₹14.5 lakh.

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Virat Kohli and Anushka Sharma Make Second Land Investment in Alibaug for ₹37.86 Crore

Virat Kohli and Anushka Sharma Make Second Land Investment in Alibaug for ₹37.86 Crore

Celebrity couple Virat Kohli and Anushka Sharma have made a fresh real estate investment in Alibaug, acquiring over five acres of land for ₹37.86 crore, according to property registration documents accessed by CRE Matrix. This marks their second land purchase in the coastal town near Mumbai within the last four years.

Transaction Details

The latest transaction was registered on January 13, 2026. It involves two adjoining land parcels located in Zirad village, close to Awas Beach in Alibaug, Raigad district. One parcel measures 14,740 square metres, while the second plot is 6,270 square metres. The combined land area is 21,010 square meters, or approximately 5.2 acres. They purchased the two parcels for a cumulative value of ₹37.86 crore.

As per the registration documents, the couple paid a stamp duty of ₹2.27 crore to complete the transaction. The registration fee is ₹30,000. The seller in the deal is Sonali Amit Rajput, while Samira Land Assets Private Limited is the confirming party.

Earlier Investment in the Same Area

Kohli and Sharma are already familiar names in Alibaug’s real estate landscape. In fact, around four years ago, the couple had made headlines after purchasing an eight-acre land parcel for approximately ₹19 crore in the region. A luxury villa has since been constructed on that plot. It features amenities such as a temperature-controlled swimming pool, a bespoke kitchen, multiple bathrooms, a jacuzzi, landscaped gardens, covered parking, and staff quarters.

Alibaug Real Estate Market Snapshot

Alibaug has steadily evolved into a premium residential and second-home market, supported by better connectivity and strong lifestyle-driven demand. According to local brokers, apartment capital values in the area currently range between ₹15,000 and ₹17,000 per sq ft. Land prices vary depending on zoning, with agricultural plots priced at ₹3–5 crore per acre. Non-agricultural land, on the other hand, commands ₹8–10 crore per acre.

Growing Appeal Among High-Net-Worth Buyers

With limited land availability and a rising number of celebrity homeowners, Alibaug continues to draw long-term investors seeking exclusivity and capital appreciation. High-value transactions such as this further highlight the region’s transition from a weekend getaway to one of Maharashtra’s most closely tracked luxury real estate markets.

In a recent transaction, Bollywood megastar Amitabh Bachchan purchased three adjoining land parcels in The House of Abhinandan Lodha (HoABL), Alibag Phase 2, a premium gated development by HOABL Landbuild Pvt. Ltd.

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Hartford Global Services commits to 1.6 lakh sq ft office lease in Hyderabad’s Gachibowli

Hartford Global Services commits to 1.6 lakh sq ft office lease in Hyderabad’s Gachibowli

Hartford Global Services has expanded its India operations with a large office lease in Hyderabad. The US-based insurer’s India arm has taken 1.59 lakh sq ft of office space in Gachibowli, one of the city’s key IT corridors. The deal comes with a monthly rent of ₹92.28 lakh, according to lease documents accessed by CRE Matrix.

The office is located in Kalyani Trident and spans the 21st and 22nd floors. Hartford will pay ₹44.48 lakh per month for 76,701 sq ft on the 21st floor. Additionally, it will pay ₹47.79 lakh per month for 82,406 sq ft on the 22nd floor.

Lease Structure, Rentals, and Key Terms

The rent works out to ₹58 per sq ft per month across both floors. Hartford has paid a security deposit of ₹5.53 crore as part of the agreement.

The lease runs for five years with a three-year lock-in period. Moreover, the agreement includes a 15% rent escalation every three years. The company also secured 213 car parking slots, each charged at ₹3,500 per car per month.

The lease was officially registered on December 9, 2025, and Hartford paid a stamp duty of ₹14 lakh.

Hartford will begin paying rent for the 21st-floor space from March 1, 2026. Meanwhile, rent payments for the 22nd-floor premises will start from September 1, 2026.

Gachibowli’s Growing Appeal

Gachibowli continues to attract global occupiers. The micro-market benefits from steady demand from global capability centres, IT firms, and financial services companies. It also offers Grade A office developments, strong road connectivity via the Outer Ring Road, upcoming metro links, and easy access to the international airport.

As a result, Gachibowli remains a preferred destination for large, long-term office leasing deals.

Recent Transactions

Recent office transactions in Hyderabad reflect steady occupier confidence across key IT corridors. Large leasing deals by global firms highlight sustained demand for Grade A spaces, flexible lease structures, and well-connected micro-markets such as Gachibowli and Hitec City.

In a recent transaction, Global real estate consultancy Jones Lang LaSalle Property Consultants India (JLL) leased 1.21 lakh sq ft of office space at Prestige Skytech – Sky One in Poppalguda, Gandipet mandal, Hyderabad. In another transaction, Facebook India leased 69,702 sq ft office space in Hyderabad’s Hitec City.

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BA Continuum Leases Over 1.11 Lakh Sq Ft in Powai at ₹1.43 Crore Monthly Rent

BA Continuum Leases Over 1.11 Lakh Sq Ft in Powai

BA Continuum India, the technology and operations arm of Bank of America, has signed a long-term lease for more than 1.11 lakh sq ft of Grade A office space in Powai, Mumbai. According to property registration documents accessed by CRE Matrix, the leased office space is at Cignus, Powai, a commercial development owned by Chalet Hotels Limited. The transaction involves Units 2201 and 2301 on the 22nd and 23rd floors of the building located at Plot No. 71A, Passpoli, Powai.

Lease Details

The lease covers a total leasable area of 1,11,023 sq ft, with a starting monthly rent of ₹1,43,21,967. This translates to an effective rate of ₹129 per sq ft per month. Additionally, the tenant will pay common area maintenance (CAM) charges of ₹20 per sq ft per month.

The agreement also includes 112 car parking spaces, reflecting the scale of the office requirement. A security deposit of ₹8.59 crore has been paid as part of the transaction. The lease tenure spans 10 years and 9 months, with a three-year lock-in period applicable to both parties. The lease agreement was registered on December 24, 2025, with both lease and rent commencement scheduled from January 1, 2026.

Why Powai Continues to Attract Large Occupiers

Powai has steadily evolved into one of Mumbai’s most preferred office micro-markets. This is mainly because of its strong connectivity to both the Eastern and Western suburbs and proximity to well-established residential catchments. Also, the area has attracted a steady mix of IT, BFSI, and Global Capability Centre (GCC) occupiers. Large-format office transactions in the micro-market highlight occupiers’ increasing preference for amenity-rich, campus-style office buildings that can support long-term operational and expansion needs.

Recent Transactions

Mumbai’s office market continues to see steady leasing activity, with large occupiers signing long-term deals across key business districts. Recent transactions highlight sustained demand for Grade A assets.

In a recent transaction, JP Morgan Services India Private Limited leased over 2.71 lakh sq ft of office space in Powai for approximately ₹612 crore. In another transaction, Kwality Wall’s (India) leased a fully fitted, dedicated workspace in Oberoi Commerz II, part of Oberoi Garden City in Goregaon East, Mumbai, for a starting monthly rent of ₹89.5 lakh.

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