CommercialLatest Stories

Windsor Realty buys four Santacruz office units for ₹283 crore

MUMBAI: Windsor Realty, a real estate developer, has acquired office spaces totaling 42,340 sq ft in a commercial tower in Santacruz, Mumbai, near the Bandra-Kurla Complex, for Rs 283 crore. This acquisition is part of a strategy to consolidate ownership of the asset. The transaction included the purchase of commercial units from corporate entities, notably Prism Johnson Ltd, and from the developer’s business partner. This move centralizes ownership, enhancing property management and control. Documents from the realty data platform Propstack indicate that Prism Johnson sold a significant portion of their property, totaling 25,984 sq ft, for approximately Rs 166 crore,…

IndustryLatest Stories

Mumbai Bungalow Sold for ₹164 Crore for Redevelopment

Representative AI image MUMBAI: A historic standalone bungalow in Mumbai’s Bandra-Khar-Santacruz area is set for redevelopment, with a prominent property in Santacruz West selling for ₹164 crore. This transaction adds to the growing trend of vintage homes in the western suburbs being acquired for high-end residential projects. The property, known as Dwarka Bungalow on Linking Road, covers 13,629 sq ft and features a ground-plus-one structure alongside a garage and ancillary sheds. The buyer, ZYJ Estates LLP, has paid a stamp duty exceeding ₹9.84 crore for the transaction, which took place on November 17, according to documents accessed via Zapkey.com. Such…

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Ekta World Pays Back ₹170 Crore to ICICI Bank

NEW DELHI: Ekta World has successfully repaid ₹170 crore to ICICI Bank through scheduled repayments, supported entirely by sales and collections from its Ekta Tripolis development. The project, which features three towers and over 600 units, is now complete, with possession already handed over to 503 families. This repayment has effectively reduced the group’s overall debt. In the past year, the company has successfully closed two residential and two commercial redevelopment projects in Bandra, Khar, and Santacruz, while continuing to focus on assets valued above $1 million. Published On Dec 11, 2025 at 03:30 PM IST Join a community of…

Latest StoriesResidential

TRU Realty to Invest ₹110 Crore in Mumbai Residential Project

NEW DELHI: TRU Realty is set to invest ₹110 crore in a new residential project named Spectrum Life in Santa Cruz, Mumbai. This project, located on a prime freehold site in Santa Cruz, is projected to yield over ₹200 crore in revenue by 2030. In collaboration with Shrem Group, the development will cover half an acre and include two towers with a total of 50 residential units. With prices starting from ₹2.92 crore, the project will feature 2, 3, and 4 BHK apartments, with possession anticipated by 2028. Published On Oct 9, 2025 at 09:05 AM IST Join the community…