Page 14 - Mumbai

Mumbai ultra-luxury home sales jumps 20% in H1 to record ₹14,751 cr: Report

Sales of ultra-luxury homes, each costing Rs 10 crore and above, in Mumbai rose 20 per cent in January-June this year to a record Rs 14,751 crore on strong demand, according to a report. Property consultant India Sotheby's International Realty (ISIR) and data analytics firm CRE Matrix on Tuesday released a report on Mumbai luxury housing market (both primary and secondary). As per the data, the sales of luxury homes (Rs 10 crore and above) in Mumbai in value terms, increased 20 per cent to Rs 14,751 crore in the first six months of this year, from Rs 12,285 crore in the corresponding period of the preceding year. In terms of volume, sales of ultra-luxury homes rose 11 per cent to 692 units in January-June period this year, from 622 units in the year-ago period. "Mumbai's luxury real estate market is at a pivotal moment. Record sales in H1 2025 signal sustained appetite for ultra-premium homes, especially in established micro-markets like Worli, Prabhadevi, Tardeo, Malabar Hill, and

'Will challenge in SC': Fadnavis shocked over HC decision on Mumbai blasts

On Monday, the Bombay High Court acquitted all 12 accused who had been convicted by the trial court for their alleged roles in the 2006 Mumbai train blasts

2006 Mumbai train blasts, Income Tax Bill 2025, Bangladesh jet crash, & more top #newsinamin

Nineteen years after the 2006 Mumbai train blasts that killed 189 and injured over 800, the Bombay High Court today acquitted all 12 men convicted by a lower court.

2006 Mumbai train blasts case: Chronology of events following HC acquittal

Following is the chronology of events in the 2006 Mumbai train blasts case, in which the Bombay High Court on Monday acquitted all the 12 accused. *July 11, 2006: Seven bomb blasts in first class compartments of seven local trains on western suburban railway line between 6.23 pm and 6.29 pm. 187 persons killed and 824 injured. *July 11, 2006: Seven separate FIRs lodged in different police stations. Later clubbed and investigated by the Maharashtra Anti- Terrorism Squad (ATS). *July-August 2006: Thirteen persons arrested in the case by the ATS for their involvement in the case. *November 30, 2006: Chargesheet filed against 30 accused, including 13 Pakistani nationals, several of whom are wanted. *2007: Trial begins. *August 19, 2014: Trial ends. Special court reserves its order against 13 arrested accused. *September 11, 2015: Special court convicts 12 out of the 13 accused. One accused acquitted due to lack of evidence against him. *September 30, 2015: Special court imposes de

Heavy rainfall hits parts of Mumbai; Andheri subway closed, flights hit

The India Meteorological Department issued a 'yellow alert' for Mumbai today as intense showers cause waterlogging, traffic jams, and flight disruptions

Mumbai's trillion-dollar realty faces real climate risk, not a distant threat

With seas rising and drainage failing, Mumbai's property market is heading for a climate reckoning that few investors or policymakers are truly prepared for

Can Tesla win India? | Tesla vs Indian rivals | Tesla Model Y price | Tesla ev | Elon Musk

Tesla officially opened its doors to Indian customers on July 15, offering its flagship Model Y SUV at a starting price of over ₹60 lakh.

Best of BS Opinion: Why Sebi needs to do more on derivatives trading

Today's opinion page discusses the recent clampdown on Jane Street, government transparency, India's milk market, and the future of Mumbai's real estate because of climate change

Ashwin Sheth Group buys 4.05-acre Goregaon West land for Rs 255 crore

Developer acquires 4.05-acre plot in Goregaon West from Mhada for Rs 255 crore, to build five residential towers with 12 lakh sq ft Rera carpet area and retail

Three-storey chawl collapses in Bandra; search and rescue efforts on

A three-storey chawl collapsed in the western suburb of Bandra here in the early hours of Friday, with at least 10 people feared trapped in the debris, civic officials said. As many as seven people have been rescued from the debris so far and admitted to the civic-run Bhabha Hospital, they said. According to preliminary information, chawl number 37 in the Bharat Nagar area of Bandra East collapsed around 5.56 am. Eight fire engines are at the spot along with teams from the Mumbai police and the Brihanmumbai Municipal Corporation's local ward machinery, an official from the fire brigade said. "Search and rescue operation is underway. Further details are awaited," he said.

DLF re-enters Mumbai market with ₹800 crore premium housing project

DLF returns to Mumbai after over a decade, launching The Westpark in partnership with Trident Realty, with a four-tower phase expected to generate Rs 2,300 crore

DLF to invest Rs 900 cr in Mumbai housing proj, eyes Rs 2,300 cr revenue

India's largest realty firm DLF Ltd has re-entered the Mumbai market and will invest around Rs 900 crore to develop a luxury housing project at Andheri (West), a senior company official said. In July 2023, DLF had announced its re-entry in the Mumbai market with plans to develop a luxury housing project in Mumbai in partnership with NCR-based builder Trident group. "We have launched a luxury housing project 'Westpark' in Mumbai comprising 416 apartments," DLF Home Developers Joint Managing Director Aakash Ohri told PTI. He said the company has launched this 5.18-acre project in a price range of Rs 42,000 per sq ft to Rs 47,000 per sq ft. It is selling flats in a range of Rs 4 crore to Rs 7.5 crore. Asked about the investment, Ohri said, "It will be around Rs 800-900 crore". The total sales realisation will be around Rs 2,300 crore, he added. Ohri said the initial demand has been very encouraging from customers. "We plan to sell around 200 units," he said, adding that the company

ED raids in UP, Mumbai in conversion racket case linked to Chhangur Baba

The Enforcement Directorate on Thursday raided multiple locations in Uttar Pradesh and Mumbai as part of a money laundering investigation into an alleged religious conversion racket linked to 'Chhangur baba', officials said. At least 14 premises, including 12 in Balrampur district and two in Mumbai, are being searched under the Prevention of Money Laundering Act (PMLA), they said. The raids were launched around 5 am, along with a Central Reserve Police Force (CRPF) team, which was there to provide security cover to the ED officials. The federal probe agency recently filed a case to probe the activities and financial details of Jalaluddin alias Chhangur Baba, alleged to be a mastermind of an illegal religious conversion racket operating in Uttar Pradesh. Jalaluddin hails from Balrampur district, and his real name is Karimulla Shah. Jalaluddin, his son Mehboob and associates Naveen alias Jamaluddin and Neetu alias Nasreen were arrested by the UP Anti-Terrorist Squad (ATS) recently,

Mumbai's RTO seizes around 78 bike taxis for illegal transport activities

The transport office has also taken action against 123 vehicles in Mumbai, Thane, Vasai, Vashi, and Panvel

Bollywood actor Salman Khan sells Bandra West apartment for ₹5.35 crore

Flat in Shiv Asthan Heights sold on July 15, includes three car parks; average rate in Bandra West rose 2.41 per cent year-on-year to Rs 59,163 per sq ft in Q1 CY25

Office demand in Navi Mumbai rises 40% in 2024, to grow further: CRE Matrix

Demand for premium office spaces in Navi Mumbai rose 40 per cent in 2024 to 5.8 million square feet, and the leasing activities are expected to increase further on affordable rent, according to CRE Matrix. Real estate data analytics firm CRE Matrix Co-founder and CEO Abhishek Kiran Gupta noted, "Navi Mumbai is one of the most affordable office markets across major 7-8 cities, with a weighted average rental of around Rs 65 per square feet." He said the demand has been rising in the key office micro-markets of the Mumbai Metropolitan Region (MMR). In the first six months of this calendar year, he said the gross leasing of office space in Navi Mumbai exceeded by nearly 0.8 million (8 lakh) square feet. "There is a huge demand for Grade A office space in Navi Mumbai from global and domestic corporates," he said. The demand will further rise because of the infrastructure development in this part of MMR, including the new airport, Gupta observed. Tata Realty & Infrastructure Ltd, K .

QS2026 rankings: Delhi, Mumbai, B'luru among top global cities for students

Delhi, Mumbai, Bengaluru and Chennai have ranked among the top 130 cities in the QS Best Student Cities 2026 list, with Delhi named the world's most affordable city for students

BSE gets bomb threat via email, turns out to be a hoax; FIR filed

Threat claimed four RDX bombs were planted in BSE tower; police, bomb squad found nothing after full sweep; FIR filed, probe underway to trace sender

Bullet train trial runs to be conducted on E5 Shinkansen trainsets

According to sources, the ministry's plan is to run Vande Bharat High-Speed trains on the Mumbai-Ahmedabad corridor first, but the eventual plan is to run Shinkansen trainsets

Suraj Estate launches residential project worth Rs 120 cr in Mumbai

Suraj Estate Developers has launched a luxury residential project with potential gross development value of Rs 120 crore in the financial capital of the country, according to an exchange filing. "Strategically located in Prabhadevi one of Mumbai's most sought-after residential neighborhoods the project has an estimated gross development value of Rs 120 crore, the filing stated. The new residential project addresses the growing demand for premium yet compact homes in a locality where new supply in such configurations remains limited, the Mumbai-based developer said. Designed as a 21-storey residential tower, Suraj Aureva offers 1, 2, and 3 BHK apartments at prices starting at Rs 2.47 crore, it added. The company plans to launch a mix of residential and commercial developments with the combined GDV of Rs 2,000 crore, contribution from pre-projects such as Park View 1, Lobo Villa in Mahim, JRU project in Byculla, and Shivaji Park project, in 2025-26.