Former Indian cricketer Ajit Agarkar has sold a residential apartment in Mumbai's Bandra West for Rs 4 crore. The transaction, registered in April 2026, involves a property in Jewel Co-op Housing Society with a built-up area of 1,229 sq. ft.
Ahead of the RBI Monetary Policy Committee decision, real estate leaders expect the repo rate to remain unchanged at 5.25%, stating that policy stability would support housing demand, buyer confidence, investment sentiment and long-term growth across residential and commercial segments.
The RBI's decision to keep the repo rate unchanged at 5.25% is expected to support housing demand, strengthen buyer confidence, and provide stability for developers and investors across India's residential real estate market.
The RBI's decision to maintain the repo rate at 5.25% has been welcomed by stakeholders across real estate, infrastructure and investment sectors, who say policy stability will support housing demand, investment activity, affordability and long-term business planning amid global economic uncertainties.
Real estate stakeholders expect the RBI to keep the repo rate unchanged, citing the need to support housing affordability, buyer confidence, commercial leasing activity, and continued momentum across residential and commercial property markets.
Mumbai recorded 12,315 property registrations in May 2026, the highest May figure in 14 years. While annual demand remained strong, experts noted a month-on-month slowdown and growing buyer caution amid global economic uncertainties.
Mumbai's western suburbs are witnessing strong redevelopment activity as ageing societies, land scarcity and infrastructure upgrades drive urban renewal. Industry estimates indicate over 44,000 new homes worth nearly ₹1.3 lakh crore could emerge through redevelopment-led projects in the coming years.
Infrastructure upgrades including Dwarka Expressway, metro expansion, and Jewar airport are reshaping residential demand across NCR, driving property appreciation, reducing inventory, and attracting end-users seeking connectivity-driven housing opportunities.
India's commercial real estate sector is transitioning from traditional office formats to employee-centric ecosystems, with developers increasingly focusing on wellness, sustainability, air quality, community spaces and workplace experience to meet evolving occupier expectations.
India's real estate sector may require nearly Rs 50 lakh crore in capital over the next decade to support growth, with AIFs, housing finance and institutional investments expected to play a larger role, according to an ANAROCK Capital report.
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