₹50,000 salary in Mumbai: Reddit users say shared homes and suburbs are the only way to afford rent

A recent Reddit thread has sparked a debate over whether a ₹50,000 monthly salary is enough to live independently in Mumbai, particularly in the city’s pricey south Mumbai areas. Housing costs dominated the discussion, with one user advising newcomers to avoid expensive localities like Powai or Lower Parel and instead consider more affordable suburbs such […]

CaratLane founder’s brother Siddhartha Sacheti buys two luxury apartments in Mumbai’s Worli for ₹160 crore

CaratLane founder Mithun Sacheti’s brother Siddhartha Sacheti has purchased two luxury apartments in Mumbai’s Worli area for a total of ₹160 crore, documents accessed by Zapkey showed. The apartments are located in building named Three Sixty West by Oberoi Realty. Each unit, priced at ₹80 crore, offers a carpet area of 6,130 sq ft and […]

Bollywood actor Sonu Sood and his son Eshaan Sood buys properties worth over ₹3.6 crore in Mumbai Metropolitan Region

Bollywood actor Sonu Sood and his son Eshaan Sood have purchased a land parcel worth ₹1.05 crore in Shirdon, Panvel, near Mumbai, according to property registration documents reviewed by Square Yards on the Inspector General of Registration (IGR) website. Bollywood actor Sonu Sood and his son Eshaan Sood bought a land parcel worth ₹1.05 crore […]

No MHADA lottery in Mumbai this year; next affordable housing draw expected in March 2026

The much-anticipated Maharashtra Housing and Area Development Authority (MHADA) housing lottery will not take place in 2025, contrary to earlier expectations that the lottery for 5,000 affordable homes would be held around Diwali this year. According to MHADA officials, the lottery schedule has been pushed back to March 2026. However, the exact date and the […]

Tribeca Developers repays ₹200 crore HDFC Capital loan for its Mumbai project

Tribeca Developers, India’s licensed partner of the Trump Organization, has repaid ₹200 crore to HDFC Capital for its flagship Mumbai project, The Edge, the company said in a statement. Tribeca Developers has repaid ₹200 crore to HDFC Capital for its Mumbai project, The Edge, the company said. (Representational Photo) (Unsplash) The early closure highlighted the […]

Diwali 2025: MHADA to sell apartments worth over ₹7 crore in South Mumbai on a first-come, first-served basis

The Maharashtra Housing and Area Development Authority (MHADA) is expected to put its most expensive apartments, worth over ₹7 crore, up for sale on a first-come, first-served basis ahead of Diwali 2025. The MHADA’s luxury apartments were on sale in the last two Mumbai Lotteries under the High Income Group (MIG) category; however, they did […]

India ranks sixth globally in branded residences, with Mumbai, Delhi-NCR, Bengaluru, and Pune leading: Report

India has ranked sixth worldwide in live projects, contributing 4% to the global supply of branded residences, according to a report by Knight Frank India, a real estate consultancy firm. The report said that Mumbai, Delhi-NCR, Bengaluru, and Pune lead India’s branded residence landscape. India ranks sixth globally in live branded residence projects, contributing 4% […]

Prestige Group launches residential project with ₹2,000 crore potential in Mira Road, near Mumbai

Bengaluru-based, listed real estate developer Prestige Group announced on October 14 the launch of a residential project spanning 5.2 acres in Mira Road, near Mumbai. According to the company, the project comprises 1,324 residential units spread across 1 million sq ft, with a gross development value (GDV) of ₹2,000 crore. Bengaluru-based, listed real estate developer […]

Mumbai real estate market tops India’s housing sales in Q3 2025; office rents jump 11% amid steady demand: report

Mumbai’s real estate market recorded residential sales of 24,706 housing units, the highest among all other top cities in India, while the office market witnessed a robust double-digit increase in average transacted rents in the third quarter of 2025, according to a report released by Knight Frank, India, a real estate consultancy firm. Mumbai’s real […]

Puravankara adds four real estate projects in Mumbai and Bengaluru worth ₹9,100 crore in H1FY26

Bengaluru-based, listed real estate developer Puravankara Ltd has added four real estate projects to its portfolio in the Mumbai and Bengaluru real estate markets, with a gross development value (GDV) of ₹9,100 crore in the first six months of the ongoing financial year, according to a company statement. Puravankara Ltd reported pre-sales of ₹1,322 crore […]