5 February 2025
BY VISHNU CHAUDHARY
Location: Lower Parel Runwal Group acquired a prime land parcel from Kansai Nerolac Paints. They plan to develop a high-end residential project valued at ₹8,000 crore. This marks one of Mumbai’s largest land deals in 2024.
Location: Juhu Shapoorji Pallonji sold a 19,589 sq. ft. land parcel to Agarwal Holdings. This high-value residential property is situated in one of Mumbai’s most sought-after areas. It reflects the increasing demand for ultra-luxury housing.
Location: Kandivali Mahindra sold 20.5 acres of land to Blueprintify Properties Pvt Ltd. The site is expected to be developed into a high-end residential and commercial hub. This is one of the largest land transactions in Mumbai for 2024.
Location: Chandivali US-based data center firm Equinix purchased 1.38 acres of land. The deal includes a 5,386 sq. m. built-up area for data center expansion. This strengthens Mumbai’s growing IT and digital infrastructure sector.
Location: Worli Promoters of Metro Brand Ltd. acquired 5 ultra-luxury apartments in Palais Royale. This is one of Mumbai’s most prestigious skyscraper residences. The deal highlights the demand in Mumbai’s high-end real estate market.
Location: Worli 23 luxury apartments were sold for ₹1,200 crore in Three Sixty West. These residences feature Ritz Carlton branding and world-class amenities. This transaction stands as one of India’s largest.
Location: Wadala "Lodha Group sold a 29-storey office building to Tata’s Trent." A major commercial property deal in Mumbai’s booming business district. Strengthened Wadala’s position as an emerging real estate hotspot.