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Preity Zinta Sells Bandra Apartment for ₹14.08 Crore

Bollywood actress Preity Zinta has sold her premium apartment in Mumbai’s upscale Bandra locality for ₹14.08 crore, according to property registration documents accessed by CRE Matrix. The actress had originally purchased the same unit for ₹17.01 crore in October 2023 from Keystone Realtors (popularly known as Rustomjee Group), implying a notable price correction within two years.

The apartment, with a carpet area of 1,474 sq ft, is located on the 11th floor of Parishram by Rustomjee, a well-known residential project in the area. Official documents show that Zinta also transferred two car parking spaces to the buyer, Vishal Kalyan Mirchanandi.

The deal was registered on November 21, 2025, with a stamp duty payment of over ₹16.47 lakh and a registration fee of ₹30,000.

According to people familiar with the development, Preity Zinta is now considering a much larger real estate investment, potentially a ₹100-crore property in Bandra, signaling a strategic upgrade in the actress’s Mumbai portfolio.

Recent Transactions

Mumbai’s luxury property market has been buzzing lately, as several celebrities—from actors to athletes—have been buying and selling premium residences across Bandra, Juhu, and South Mumbai.

In a recent transaction, Amitabh Bachchan has sold two adjoining luxury apartments in Oberoi Garden City, Goregaon East, for ₹12 crore. In another transaction, John Abraham rented out his luxurious Bandra apartment for an impressive ₹7.5 lakh per month. 

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South Delhi’s Ashok Mittal Acquires ₹65 Crore Sunder Nagar Bungalow

Ashok Mittal Buys bungalow in Sunder Nagar Delhi

South Delhi resident Ashok Mittal has acquired a premium bungalow in Delhi’s upscale Sunder Nagar locality for ₹65 crore, according to property documents accessed by CRE Matrix. The transaction contributes to the growing trend of high-value residential deals in central Delhi’s most coveted neighborhoods.

The bungalow stands on an 866 sq yd plot. The ground and basement floors, together, measure 4,846.88 sq ft and cost ₹34 crore. Mittal paid ₹2.38 crore in stamp duty for this portion of the property. As per the registration documents, this part of the deal was formalised on October 31, 2025.

Ashok Mittal purchased the first floor, spread across 3,118.62 sq ft, for ₹31 crore. This included an additional ₹2.17 crore paid as stamp duty.

Sunder Nagar continues to be one of the most desirable residential pockets in the capital, especially among top lawyers, industrialists, and business families. However, property brokers active in the area note that most bungalows here are nearly five decades old. This offers expansive plots and timeless architectural charm.

Typical homes in this part of Lutyens’ Delhi feature plots of around 800 sq yards. These include a ground and first floor, and a barsati level on the second floor that often serves as a compact one-bedroom unit. The total built-up area for such properties typically ranges between 6,000–8,000 sq ft, making them rare, high-value assets.

Recent Transactions

Delhi’s luxury housing market has witnessed a steady rise in high-value deals, with multiple marquee transactions recorded across premium neighbourhoods. These purchases highlight strong demand from affluent buyers seeking rare, large-format homes in prime locations.

In a recent transaction, Yashwant Singh, a member of a Rajasthan royal family, purchased a bungalow in Delhi’s upscale Golf Links area for a staggering ₹100 crore. In another transaction, Delhi High Court senior advocate Arun Kathpalia purchased a 763 sq yard bungalow in the same Golf Links neighborhood for ₹69 crore.

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Dream11’s Parent Company Secures 1.70 Lakh Sq Ft Office Lease in Worli for ₹334 Crore

Dream 11 parent leases office space in Worli

Sporta Technologies Private Limited, the parent company of India’s leading fantasy gaming platform Dream11, has finalized a major commercial real estate deal in Mumbai’s Worli. The company has leased approximately 1.70 lakh sq ft of office space for over ₹334 crore, according to property registration documents accessed by CRE Matrix.

The leased premises are located in Ascent Worli, a premium commercial development by K Raheja Pvt Ltd. The deal spans multiple office units across the 4th, 6th, 7th, and 8th floors of the building, offering the company a large and contiguous workspace in one of Mumbai’s most sought-after business corridors. Along with the office area, the lease also includes 135 car parking spaces, highlighting the scale and premium nature of the transaction.

The documents show that the lease has been signed for a period of five years, with a lock-in commitment of 36 months. The transaction was registered on November 17, 2025, with the company paying more than ₹94 lakh in stamp duty and ₹1,000 as registration fees. Additionally, a security deposit of over ₹30 crore has been furnished as part of the agreement.

Sporta Technologies will receive possession of the premises for fit-out work on August 4, 2025. The fit-out period extends for nearly six months, after which the lease will commence in February 2026. The starting monthly rent for the first year is ₹5.07 crore, and the agreement includes an annual escalation of 4.75%. Accordingly, the monthly rent will increase to over ₹5.31 crore in the second year, ₹5.57 crore in the third year, ₹5.83 crore in the fourth year, and ₹6.11 crore in the fifth year.

Recent Transactions

Mumbai’s office market continues to see strong traction, with multiple high-value leases and expansions across key business districts. Premium Grade-A spaces, strategic locations, and long-term commitments are driving the momentum in the city’s commercial real estate landscape.

In a transaction earlier this year, Zomato signed a five-year lease for 84,157 sq. ft. of prime office space in Andheri, Mumbai. In another transaction, Amazon renewed its lease for over 94,000 sq ft of office space at Godrej Two in Vikhroli for a five-year term, with a monthly rent of ₹1.73 crore. 

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DHL Supply Chain Expands Footprint with Major Warehouse Lease in Bhiwandi

DHL Leases warehouse in Bhiwandi

DHL Supply Chain India Pvt Ltd has strengthened its logistics presence in the Mumbai Metropolitan Region by leasing 4.17 lakh sq ft of warehouse space in Bhiwandi, one of India’s most prominent warehousing hubs. The transaction is valued at over ₹32 crore, as per the property registration documents accessed by CRE Matrix.

The facility is located in One Samruddhi Park, Bhiwandi, strategically positioned near the starting point of the 700 km Mumbai–Nagpur Samruddhi Expressway. This connectivity advantage enhances access to key consumption and manufacturing corridors across Maharashtra.

The facility falls under the ownership of Merriment Properties Private Limited. DHL will pay a starting monthly rent of ₹91.90 lakh with a security deposit of ₹2.76 crore. The deal translates to a starting rent of ₹22 per sq ft. The lease term is 36 months, spanning from October 2025 to September 2028. However, October 2025 will be a rent-free period, with rentals commencing in November.

Additionally, the agreement carries a nine-month lock-in period. The transaction, registered on November 7, 2025, attracted a stamp duty of over ₹9.04 lakh.

Bhiwandi: A Strategic Warehousing Hotspot Near Mumbai

Over the years, Bhiwandi has evolved into one of the most significant warehousing destinations in the Mumbai Metropolitan Region. Additionally, its proximity to key consumption centres such as Mumbai, Thane, and Navi Mumbai makes it a preferred choice for logistics and e-commerce players.

Moreover, the region’s excellent connectivity via the Mumbai–Nashik Highway, Eastern Express Highway, and JNPA port corridor strengthens its role as a central distribution hub. With the upcoming Mumbai–Nagpur Samruddhi Expressway, Bhiwandi is set to gain even greater accessibility, further boosting demand for large-format warehouses.

Consequently, several global occupiers, 3PL providers, and retail companies continue to lease significant warehousing spaces in the area. As a result, Bhiwandi consistently records some of the highest leasing activity in the Mumbai warehousing market, reaffirming its position as a powerhouse in India’s logistics landscape.

Recent Transactions

Mumbai’s warehouse leasing momentum remains strong, supported by sustained demand from logistics, retail, and e-commerce players. Recent big-ticket transactions across Bhiwandi and surrounding micro-markets underline the region’s importance as a central distribution hub.

In a recent transaction, Zomato Hyperpure leased over 5.5 lakh sq ft of warehousing space in Bhiwandi. In another transaction, FM India Supply Chain Private Limited leased 1.31 lakh sq ft of industrial space at Lodha Industrial Park, located in Palava City, Thane district.

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Amitabh Bachchan Sells Two Oberoi Exquisite Apartments in Goregaon for ₹6 Crore Each

Amitabh Bachchan sells Goregaon Apartment

Megastar Amitabh Bachchan has sold two adjoining luxury apartments situated on the 47th floor of Tower C, Oberoi Exquisite, in Oberoi Garden City, Goregaon East, Mumbai, for a total consideration of ₹12 crore, according to registration records accessed by CRE Matrix. Each apartment spans 169.08 sq. m. (approximately 1,820 sq. ft.) of super built-up area and was sold for ₹6 crore. Both units come with two car parking spaces each.

The buyers have been identified as Asha Ishwar Shukla (Flat 4701) and Mamta Surajdev Shukla (Flat 4702). The agreements were executed on October 29, 2025, and registered on October 31, 2025, with a stamp duty of ₹30 lakh and a registration fee of ₹30,000 paid for each apartment.

Located in the heart of Goregaon East, Oberoi Exquisite is a part of the premium integrated township Oberoi Garden City, developed by Oberoi Realty. The project is known for its luxurious residences, panoramic city views, and world-class amenities. Residents enjoy access to facilities such as landscaped gardens, a swimming pool, clubhouse, gymnasium, and ample open spaces, making it one of the most coveted addresses in Mumbai’s western suburbs.

The broader Oberoi Garden City ecosystem offers a self-sustained lifestyle with top-notch infrastructure, including the Oberoi Mall, The Westin Mumbai Garden City, Oberoi International School, and Oberoi Commerz business towers. The development’s seamless integration of residential, commercial, educational, and hospitality spaces continues to attract high-profile buyers and investors, reinforcing its reputation as a landmark destination in Mumbai’s real estate landscape.

Recent Transactions

In recent months, Mumbai’s luxury real estate market has seen a flurry of celebrity property deals, with prominent film stars, business leaders, and sports personalities investing in or selling premium apartments across upscale neighborhoods.

In a recent transaction, Bollywood actor John Abraham rented out his luxurious Bandra apartment to a publisher for ₹7.5 lakh per month. 

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John Abraham Leases His Bandra Apartment for ₹7.5 Lakh a Month

John Abraham leases Bandra Apartment

Bollywood actor John Abraham has rented out his luxurious Bandra apartment to a publisher for an impressive ₹7.5 lakh per month, according to property documents accessed by CRE Matrix.

The apartment, spread across 2,000 sq. ft. on the third floor of Green Acre, has been leased for a tenure of three years (36 months). The lease agreement was registered on October 30, with a stamp duty of ₹70,100 and a registration fee of ₹1,000. A security deposit of ₹24 lakh was also paid as part of the transaction.

While John Abraham has yet to comment on the lease, the deal highlights the continued demand for premium residential properties in Mumbai’s upscale suburbs.

Bandra remains one of Mumbai’s most coveted residential destinations, especially among Bollywood celebrities, cricketers, and high-net-worth individuals. The suburb is known for its blend of charm and luxury, dotted with sea-facing apartments, cafes, and art deco buildings.

Local real estate brokers note that the per-square-foot rate for premium Bandra properties now exceeds ₹1 lakh, reaffirming its status as a prime luxury hub in the city’s property market.

Recent Transactions

Mumbai’s luxury real estate market continues to draw attention with a string of high-profile celebrity transactions. From lavish residential leases to premium commercial deals, Bollywood stars and business icons are making notable property moves across the city’s most coveted locales.

In a similar transaction earlier this year, Bollywood star Manoj Bajpayee and his wife, Shabana Bajpayee, leased two commercial properties in Mumbai’s Andheri West for a monthly rent of ₹10.9 lakh for five years.

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FM India Supply Chain Leases 1.31 Lakh sq ft at Lodha Industrial Park near Mumbai for ₹33 Crore

FM India Leases Warehouse space

FM India Supply Chain Private Limited, a leading logistics and warehousing solutions provider, has leased 1.31 lakh sq ft of industrial space at Lodha Industrial Park, located in Palava City, Thane district, near Mumbai. As per documents accessed by CRE Matrix, the transaction is valued at over ₹33 crore, reflecting the rising demand for Grade A industrial and logistics facilities across the Mumbai Metropolitan Region (MMR).

Palava Induslogic 4 Private Limited, a subsidiary of Lodha Developers, owns the leased premises. As per the property documents, the lease agreement was registered on October 28, 2025, with a five-year tenure.

The agreement specifies a starting monthly rent of ₹50.37 lakh and a security deposit of ₹2.65 crore, along with provisions for annual rental escalation. This translates to a rent of approximately ₹31.60 per sq ft per month. The tenant is also liable to pay common area maintenance (CAM) charges amounting to over ₹2.11 crore.

The company paid a stamp duty of ₹1.78 lakh at the time of registration.

Located strategically near major transport corridors and industrial hubs, Lodha Industrial Park in Palava City is emerging as a preferred logistics destination for occupiers seeking high-quality infrastructure, efficient connectivity, and operational scalability.

The transaction further reinforces the strong leasing momentum in the industrial and warehousing segment across MMR, driven by the expansion of e-commerce, 3PL, and manufacturing players.

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IKEA Expands Pune Footprint with New City Store at Phoenix Marketcity

Ikea leases store in Pune

Global furniture giant IKEA’s India arm has taken a strategic step in expanding its footprint in the city of Pune by leasing approximately 37,259 sq ft of retail space in the prominent mall Phoenix Marketcity Pune. The lease, signed for a span of four years and eleven months, commenced on 25 September 2025 and is slated to run until 24 August 2030, according to documents accessed by CRE Matrix.

Positioned on the ground floor of the mall in Viman Nagar Road, Lohegaon, this site will become a “city store” for IKEA India, signalling a move to deepen its omnichannel presence in the Pune market—beyond just online and major destination stores. The monthly starting rent set by IKEA is ₹38.12 lakh, the total agreement value at ₹3.06 crore, and the initial security deposit paid at ₹1.15 crore (from a required ₹2.3 crore), highlighting the seriousness of the commitment. 

According to IKEA India, Pune has long been a key market where strong customer demand has been evident—many of its shoppers have historically travelled to the Navi Mumbai store for inspiration and full-range home furnishing. The launch of online e-commerce services in Pune in January 2020 made it the second Indian city after Mumbai to access IKEA’s full range digitally—over 6,500 well-designed, affordable home furnishing products are now accessible online to local shoppers.

By choosing a city-store format in a high-traffic mall, IKEA appears to be bridging the gap between its digital channel strength and the classic store experience, thereby tapping into both convenience-oriented consumers and the traditional retail-experience seekers. In a city known for its expanding residential base, improved infrastructure, and rising urban lifestyle demands, this move aligns well with the growing appetite for modern home solutions among Pune’s middle- and upper-income segments.

IKEA India’s new lease in Pune is a clear signal of the brand’s intent to combine physical retail, digital access, and local market penetration—all aimed at delivering a richer “home furnishing” experience to a city that is increasingly important in its growth map.

Earlier in September 2025, IKEA signed a nine-year lease with Pacific Development Corporation for 14,471 sq. ft. at Pacific Mall, West Delhi, with a security deposit of ₹4.25 crore.

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Amitabh Bachchan Buys Three Land Parcels in Alibaug Worth ₹6.6 Crore

Amitabh Bachchan Buys land in Alibaug

Bollywood megastar Amitabh Bachchan has expanded his real estate portfolio with a new acquisition in the coastal haven of Alibaug. According to property registration data accessed by CRE Matrix, Bachchan has purchased three adjoining land parcels in The House of Abhinandan Lodha (HoABL), Alibag Phase 2, a premium gated development by HOABL Landbuild Pvt. Ltd. The deals were registered on October 7, 2025, for a total consideration of ₹6.6 crore. The three plots together span 9,557 sq. ft and carry a total stamp duty payment of ₹39.58 lakh.

The first plot, No. 97, has an agreement value of ₹2,78,96,841 with a stamp duty of ₹16,74,000 and covers an area of 4,047 sq. ft. The second, Plot No. 98, is valued at ₹1,92,06,587 with a stamp duty of ₹11,52,500 for an area of 2,776 sq. ft. The third plot, No. 99, carries an agreement value of ₹1,88,62,400 with a stamp duty of ₹11,32,000 and spans 2,734 sq. ft. Together, these land parcels form a sizable investment in one of the most sought-after luxury developments along the Konkan coast.

Industry experts note that Alibaug’s real estate market has witnessed a surge in demand in recent years, driven by improved connectivity through the Mumbai Trans Harbour Link (MTHL), proximity to South Mumbai, and the growing trend of weekend homes among affluent buyers. 

The House of Abhinandan Lodha’s Alibag Phase 2 project stands out for its exclusive gated infrastructure, scenic coastal views, and curated lifestyle offerings. The development is strategically located near Alibaug town, Mandwa Jetty, and the upcoming Navi Mumbai International Airport, further boosting its appeal as a premium investment destination.

The project features luxurious 4-Bed Serviced Châteaux priced from ₹4.9 crore plus taxes and charges, with built-up areas of over 2,000 sq. ft, designed for those seeking a blend of modern comfort and coastal serenity. With Amitabh Bachchan’s latest acquisition, Alibaug continues to cement its reputation as the “Hamptons of Mumbai” — a serene retreat and an emerging hotspot for celebrities, entrepreneurs, and high-net-worth individuals looking to invest in exclusive coastal living.

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Lumina CloudInfra Acquires Prime Chandivali Land in ₹475 Crore Deal

Lumina Cloudinfra Acquires Chandivali Land

In one of the largest recent land transactions in Mumbai’s eastern suburbs, Lumina CloudInfra Pvt Ltd, backed by global investment giant Blackstone, has acquired two prime land parcels in Chandivali, Andheri East, for a combined ₹475 crore. According to documents accessed by CRE Matrix, the company purchased 2.04 acres from Prasoon Spaces LLP for ₹294 crore, with stamp duty of ₹17.64 crore, and 1.75 acres from Chawla Brothers LLP for ₹181 crore, with stamp duty of ₹10.86 crore. Both transactions were registered on September 19, 2025.

The combined 3.79-acre parcel is strategically located in Chandivali, a well-established residential-commercial hub near Powai, Saki Naka, and key arterial roads in Andheri East. The area has seen growing demand for residential townships, IT/ITES campuses, and data center developments, making it an attractive acquisition for infrastructure-focused investors.

Lumina CloudInfra, a data center platform owned and managed by Blackstone’s Real Estate and Tactical Opportunities funds, had announced in November 2023 plans to invest over $300 million (around ₹2,500 crore) to develop a hyperscale data center campus in Navi Mumbai’s Airoli locality. The Chandivali acquisition aligns with Blackstone’s India strategy of expanding its portfolio in high-demand, infrastructure-backed assets, particularly in residential, commercial, and tech-driven developments.

As Mumbai’s eastern corridor continues to evolve as a hub for IT, residential, and data infrastructure, this acquisition underscores the growing interest of global investors in strategically located land parcels with strong long-term growth potential.

Recent Transactions

Recent land transactions in Mumbai signal strong investor confidence, with major deals in key suburban hubs reflecting rising demand for strategically located parcels for commercial developments.

In a recent transaction, the Reserve Bank of India (RBI) acquired a 4.61-acre land parcel at the prestigious Nariman Point in South Mumbai for ₹3,472 crore. In another transaction, the Adani Group acquired a premium land parcel spanning more than 1.1 acres in South Mumbai’s Carmichael Road. 

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