Mumbai recorded 1,499 luxury home transactions worth ₹14,903 Crore in Q1 FY27, with Worli leading transaction value and Godrej Properties emerging as the top-performing developer.
Ajay Devgan and Veena Devgan have leased a 7,803 sq. ft. Juhu bungalow for five years, with rent starting at Rs. 16 lakh a month and cumulative rental value estimated at Rs. 10.61 crore.
Mumbai is projected to record 13,617 property registrations in July 2026, the highest for the month in over 14 years, signalling resilient homebuyer demand and sustained housing market momentum.
Vishal Ratanghayra examines how connectivity, redevelopment, sustainability and future-ready design are replacing location alone as the key drivers of long-term residential value in Mumbai's luxury housing market.
Platinum Corp has launched Platinum Stellar: Bespoke Presidential Suites in Santacruz West. The project features residences starting from 2,500 sq. ft., a design collaboration with Sussanne Khan, and an Art Deco-inspired architectural approach.
Agami Realty has launched Agami Legends, a luxury residential project in Bandra East, Mumbai. The development comprises 67 residences, has an estimated revenue potential exceeding ₹600 crore, and has recorded nearly 30% inventory sales during the pre-launch phase.
Shreya Ghoshal and her family have purchased a Rs. 29.70 crore apartment in Worli, Mumbai, according to property documents reviewed by Square Yards.
Shraddha Kapoor has renewed the lease for her apartment in Juhu, Mumbai, at ₹6 lakh per month. The 12-month agreement, registered in February 2026, takes the total rental value to ₹72 lakh, according to property registration documents reviewed by Square Yards.
Ritika Sajdeh, wife of Indian cricketer Rohit Sharma, has purchased a luxury apartment in Prabhadevi, Mumbai, for ₹26.30 crore. The transaction highlights continued demand for premium residential real estate in central Mumbai.
Mumbai leads India’s luxury housing market with a median price of ₹9.66 crore, far ahead of other Tier-1 cities. The Magicbricks 2025 report highlights strong demand, premium micro-markets, and sustained pricing power driven by wealth concentration and lifestyle-led housing.
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