Author name: dreamspersqftmagazine

  Mumbai, 13 March 2025: Worli, a historic precinct in South Central Mumbai, has transformed into one of the city’s most sought-after luxury residential and commercial hubs. A new report by ANAROCK studies this markets’ continuous growth as a prime destination for high-net-worth individuals (HNIs) and multinational corporations on the back of its seamless connectivity, high-end developments, and continuous infrastructure advancements. From Industrial Hub to Luxury Destination Anuj Puri, Chairman – ANAROCK Group, says, “Originally an industrial stronghold, Worli housed numerous textile mills and working-class chawls. However, the closure of these mills in the 1990s and 2000s spurred large-scale redevelopment, paving the way for premium residential towers and commercial spaces. The construction of the Bandra-Worli Sea Link further solidified its reputation as a premier address, making the area attractive to corporate professionals and wealthy homebuyers.” “Today, Worli is characterized by towering skyscrapers offering panoramic sea views, premium amenities, and some of the highest real estate prices in Mumbai, adds Puri. “With ongoing infrastructure projects like the Mumbai Coastal Road and Metro Line-3, its desirability is only set to rise further.” Strategic Location and Connectivity Worli’s central location allows seamless access to key business districts such as Bandra-Kurla Complex (BKC), Lower Parel, and Nariman Point. The area’s connectivity is reinforced by major infrastructure projects, including: Bandra-Worli Sea Link – Reducing travel time to Western suburbs. Mumbai Coastal Road – Enhancing North-South connectivity. Mumbai Metro Line-3 (Colaba-Bandra-SEEPZ) – Improving public transit access. Eastern and Western Express Highways – Offering arterial routes to different parts of the city. These developments have made Worli a preferred residential choice for executives and investors looking for high appreciation value. A Luxury Housing Powerhouse Worli’s real estate market is dominated by ultra-luxury residences with high-end amenities and breathtaking views of the Arabian Sea. Some key statistics highlight its prominence: Total Supply (till 2024): 4,600 units Average Price per Sq. Ft.: INR 75,000 Dominant Price Range: INR 6 Cr – INR 12 Cr (52% of inventory) Price Appreciation (2022-2024): 30% Ultra Luxury Transactions (2023 – 2024): 30 deals above INR 40 Cr, worth INR 4862 Cr Luxury projects such as Lodha The World Towers, Birla Niyaara, Oberoi Three Sixty West, and Raheja Imperia define Worli’s skyline, attracting celebrities, business tycoons, and NRIs. The market is also witnessing significant redevelopment of aging properties, ensuring a continuous pipeline of high-end residences. Land Deals Commercial Real Estate Worli’s commercial real estate sector has grown steadily, with Grade A office spaces catering to global corporations, financial institutions, and startups. Key statistics include: Upcoming Supply (2025-2026): 2.98 million sq. ft. Average Rental Value: INR 170-280 per sq. ft./month Price Appreciation (2018-2024): 18% Landmark commercial projects such as One Lodha Place, Lodha Supremus, and Altimus have made Worli a preferred business destination. The presence of premium residences and lifestyle hubs further enhances its appeal for professionals. Growth and Investment Potential With major infrastructure projects nearing completion, Worli’s real estate market is poised for continued growth. Key drivers include: Continued Infrastructure Investments: Mumbai Coastal Road and Metro Line-3 will further boost accessibility. Luxury Redevelopment Projects: Older buildings are being replaced with modern high-rises. Corporate and Commercial Expansion: Demand for premium office spaces continues to rise. Rising Investment Value: Consistently high property appreciation makes Worli an attractive choice for investors. Despite challenges such as high property prices, traffic congestion, and limited land availability, Worli remains one of Mumbai’s most prestigious and resilient real estate markets. For investors and homebuyers seeking exclusivity, connectivity, and long-term value, Worli stands unmatched as a premier destination in South Central Mumbai.

Mumbai, March 13, 2025: Bollywood actress Kajol has made a significant addition to her real estate portfolio with the purchase of a premium retail space in Goregaon West, Mumbai. The commercial property, spanning 4,365 sq ft, was acquired for ₹28.78 crore from Bharat Realty Ventures Pvt Ltd, according to documents accessed by IndexTap. Located on the ground floor of a retail development on Linking Road, Bangur Nagar, the property boasts five car parking spaces and commands a per sq ft rate of ₹65,940. The transaction was registered on March 6, 2025, with Kajol paying a stamp duty of ₹1.72 crore. This marks another strategic investment by the actress in Mumbai’s real estate market. In *2023, Kajol had acquired an *office space in Andheri West’s Signature Building for ₹7.64 crore, covering a RERA carpet area of 194.67 sq m. That same year, she also purchased a luxury apartment in Mumbai for ₹16.50 crore from Bharat Realty Ventures Pvt Ltd. Kajol’s husband, actor-director Ajay Devgn, has also been active in the commercial real estate sector. Earlier this month, he *leased out a 3,455 sq ft office space in Mumbai for a monthly rent of ₹7 lakh. Additionally, he renewed the lease for two commercial units in Andheri, spanning 1,500 sq ft, for ₹4.16 lakh per month.

Mumbai, 12th March 2025: Gautam Adani’s conglomerate has secured the top bid for the ₹36,000 crore redevelopment project of Motilal Nagar in Mumbai’s Goregaon. This marks the group’s third significant real estate acquisition in the city, following its involvement in the Dharavi slum redevelopment and the purchase of a 17-acre plot in Bandra Reclamation. Motilal Nagar, spanning 143 acres in Goregaon West, is one of Mumbai’s largest housing redevelopment initiatives. Adani Properties Pvt Ltd (APPL) outbid its closest competitor, L&T, by offering a higher built-up area. A Letter of Allotment (LoA) is expected to be issued soon. Last week, the Bombay High Court granted permission to the Maharashtra Housing and Area Development Authority (MHADA) to carry out the redevelopment through a designated construction and development agency (C&DA). The Maharashtra government had classified Motilal Nagar as a ‘special project,’ allowing MHADA to oversee it while engaging a C&DA due to financial and operational constraints in executing the project independently. The redevelopment is estimated to cost around ₹36,000 crore, with a planned rehabilitation period of seven years from the project’s commencement. As per the tender specifications, the C&DA is required to provide 3.83 lakh square meters of housing stock. APPL secured the project by committing to deliver 3.97 lakh square meters to MHADA, surpassing L&T’s offer of 2.6 lakh square meters. The project aims to rehabilitate 3,372 eligible residential units under MHADA, 328 commercial establishments, and 1,600 slum dwellings in accordance with the 1971 Slum Act. Meanwhile, SVR Srinivas, CEO of the Dharavi Redevelopment Project, stated on February 27 that the master plan for Dharavi’s redevelopment is expected to be finalized within a month, with the tenement survey set to conclude in the coming months. Srinivas further revealed that the estimated investment for the Dharavi redevelopment and rehabilitation initiative is projected to be approximately ₹3 lakh crore.

Mumbai, 11th March 2025: Bollywood actor Akshay Kumar has sold his apartment in Borivali East, Mumbai, for ₹4.35 crore. As per records from the Inspector General of Registration (IGR), the transaction was officially registered in March 2025, with a stamp duty payment of ₹26.1 lakh. The property, located in Oberoi Realty’s Sky City, is part of a premium residential project offering 3BHK, 3BHK+Studio, and Duplex apartments. According to IGR documents reviewed by Square Yards, Akshay Kumar had originally purchased the apartment in November 2017 for ₹2.37 crore. The unit has a carpet area of 1,073 sq ft (99.71 sqm) and comes with two dedicated car parking spaces. Earlier this year, in January, the actor sold another unit in the same building for ₹4.25 crore. This property was also bought in 2017. Other Bollywood celebrities, including Amitabh Bachchan and Abhishek Bachchan, have also invested in Sky City, acquiring multiple properties in May 2024.

Here comes the Land & Leisure Homes Expo 2025. Taking place from April 4th to April 6th, 2025, at Nesco – Goregaon, Bombay Exhibition Center, this premier event is the ultimate platform for real estate builders, investors, and property buyers to explore the best investment opportunities and weekend homes. Hosted by: Spazemedia and PrimeStage Media Media Partner: Outlook Business Gifting by: Ashnam Associate Partner: Dreams Per Square feet The nation’s exclusive real estate exhibition is bringing together a handpicked selection of scenic farmhouses, luxury villas, investment plots, resort properties, residential properties, and leisure homes – perfect for those seeking serene getaways or high-return investments. A Legacy of Excellence & Proven Success With previous editions built upon success, the Land & Leisure Homes Expo has been a sure market for top real estate in the country. Its previous events have seen high investor interest along with strategic partnerships, thereby being a platform changer for its exhibitors as well as the attendees. For Exhibitors: Put Your Projects in the Spotlight Land & Leisure Homes Expo 2025 is a premium platform for developers, builders, and service providers to showcase their finest projects before a thoroughly engaged audience. Focused on second homes, farmhouses, villas, residential properties  and leisure real estate, the exhibition will allow exhibitors to: Showcase their projects to high-intent buyers and investors. Increase brand visibility in an elite real estate network. An opportunity to secure lucrative deals in a vibrant and engaging environment! Expand your network and connect with key industry players. Opportunities like this don’t come often! Gain maximum visibility, connect with key industry players. Secure your spot now! Visit https://landandleisurehomes.com/upcoming-event.php or connect with us at 9321172793 / 8652259523 to book your space today! For Investors & Buyers: Your Next Home, Investment, and Lifestyle Is All Under One Roof! For those looking to invest in farmhouses, luxury villas, investment plots, resort properties, residential properties and leisure homes, peaceful countryside escapes, or high-growth real estate assets, the Land & Leisure Homes Expo 2025 is the perfect destination. Attendees can: Explore exclusive, handpicked properties from renowned developers. Gain valuable insights from top real estate experts and financial advisors. Connect directly with trusted builders and investment consultants. Discover properties tailored for personal retreats or high-return investments. Unlock special event-only deals and exclusive financing options. Stay ahead with the latest real estate trends and market opportunities. So, to register and avail all these benefits on https://landandleisurehomes.com/visit.phputm_source=Article&utm_medium=Press+Release&utm_campaign=Paid+Visitors The Exhibitors Which Fuel Innovation and Growth This year, Land & Leisure Homes Expo 2025 will exhibit excellence from developers at its finest level. Participants such as the country’s most reliable and prominent developers to top-rated real estate service providers enhance every event’s purpose, strengthening opportunities for networking and business development along with presence in the market while upholding this expo’s value as one of the crucial points in real estate. Why Attend? Access to the nation’s best second homes and luxury retreats. Best network opportunities among the greatest in the industry and investors, and developers. Peer Discussions led by experts in all the current trends, forecasts in the market, and investments strategies. Smooth Buying of Property experience with multiple developers. Event Details Venue: Nesco – Goregaon, Bombay Exhibition Center Dates: 4th, 5th and 6th April, 2025 Time: 10:00 AM to 08:00 PM About Land & Leisure Homes Expo The Land & Leisure Homes Expo stands as India’s leading real estate event that focuses exclusively on second properties and investment homes alongside premium leisure locations. Through its assembly of premier real estate developers with absolute investors and property purchasers the expo establishes industry evolution while providing complete real estate solutions. Since its successful past edition the expo has maintained its position to shape new investment perspectives while reshaping Indian lifestyle living practices. For Media Inquiries, Sponsorship Opportunities, or Exhibitor Participation, Please Contact: https://landandleisurehomes.com/contact-us.php or connect with us at 9321172793 / 8652259523

Mumbai, 6th March 2025: Tesla has finalized a five-year lease agreement for its first showroom in India, paving the way for its entry into the country’s electric vehicle (EV) market, according to a Reuters report. The showroom will be situated in Mumbai’s Maker Maxity building, located in the business and retail hub of Bandra Kurla Complex, near the city’s airport. As per the lease documents, the agreement commenced on February 16, 2025. Tesla will pay approximately $446,000 in rent for the first year for a 4,003-square-foot (372-square-meter) space, roughly equivalent to the size of a basketball court. Tesla has been eyeing the Indian market for years. While the company initially aimed to launch operations in 2022, regulatory challenges, high import duties, and inadequate EV infrastructure delayed its plans. After addressing these concerns, Tesla reignited its efforts last year to establish a presence in India, targeting one of the fastest-growing automotive markets in the world.