Tag: Mumbai real estate market

IndustryLatest Stories

RealtyDailyNews Realty Conclave 2026: Infrastructure, Discipline, Micro-Markets

Looking ahead, the consensus was that the next housing cycle will be defined less by speculative momentum and more by structural fundamentals. At the RealtyDailyNews Realty Real Estate Conclave 2026, a high-profile fireside chat titled ‘Building for the Next Housing Cycle: Strategy, Scale and the Changing Residential Playbook’ convened key figures from the residential sector to discuss future trends. Moderated by Chaitanya Seth, Partner at EY Parthenon, the panel included Manan Shah, Treasurer (Elect) of NAREDCO Maharashtra and MD of MICL Group; Jay Morzaria, Chairman of NAREDCO NextGen and Director of VRAJ Group; Vikas Jain, President NextGen of NAREDCO Maharashtra…

Latest StoriesResidential

Sushmita Sen and Mom Acquire Two Mumbai Apartments for ₹16.89 Cr

NEW DELHI: Sushmita Sen’s mother, Subhra Sen, has acquired two apartments in the Elysian project by Oberoi Realty located in Goregaon East, Mumbai, for a total of ₹16.89 crore. Both purchases were officially recorded in November 2025. Subhra Sen’s first property cost ₹8.40 crore and encompasses a carpet area of 163.59 sq meters (1,760 sq ft), which also includes one designated car parking space. The transaction involved a stamp duty fee of ₹42.02 lakh along with registration charges of ₹30,000, as per property registration documents reviewed by Square Yards. The second apartment was acquired for ₹8.49 crore and shares the…

IndustryLatest Stories

Kalpataru Pre-Sales Surge 41% to ₹4,531 Crore in FY25

MUMBAI: Realty company Kalpataru Ltd has reported a 41% increase in pre-sales, reaching ₹4,531 crore in the last fiscal year, fueled by rising residential property demand. Kalpataru Ltd, a leading player in the real estate sector, is now publicly listed on the stock exchanges. “For the entirety of FY25, pre-sales totaled ₹4,531 crore, reflecting a 41% year-on-year (YoY) growth,” the company stated in a presentation aimed at analysts and investors. In the fiscal year 2023-24, the Mumbai-based firm sold properties worth ₹3,202 crore. During the previous fiscal year, Kalpataru Ltd launched seven new projects, comprising a total of 6.5 million…