HomeUncategorizedRealty in Motion: Salman Khan Sells, Lloyds Buys, DLF Debuts

Realty in Motion: Salman Khan Sells, Lloyds Buys, DLF Debuts

August 11, 2025

Big names, big numbers and bold bets—India’s real estate scene is buzzing with high-profile exits, luxury acquisitions, market debuts.

1. Salman Khan sells Mumbai apartment for ₹ 5 cr

  • The apartment is in Shiv Asthan Heights, Bandra West & spans 1,318 sq ft and includes three parking spots
  • In 2023, Salman Khan had rented out the same apartment on a 36-month lease
  • The rent began at ₹1.5 lakh per month in the first year and increased to ₹1.57 lakh in the second year and ₹1.65 lakh in the third
  • In total Salman earned ₹56 lakh in three years from this deal

2. DLF Chairman Rajiv Singh’s salary increased by 34%, reaching ₹36 cr

  • DLF’s chairman pay for the preceeding year stood at ₹27.30 crs
  • Of the total ₹36 cr paid to DLF Chairman Rajiv Singh, ₹34 cr was variable pay as commissions given company’s better performance
  • DLF’s Managing Directors, Devinder Singh and Ashok Kumar Tyagi, each received ₹14 cr in remuneration for FY 2024-25, a nearly 5% increase from ₹13 cr in the previous year
  • Board had approved variable pay structure for the Chariman as well as the Managing Directors

3. Lloyds Group promoter’s family buys 6 ultra-luxury apartments in Mumbai for ₹227 cr

  • The deal, valued at ₹ 1.27 lakh per sq ft
  • Ravi Agarwal and his family, part of the Lloyds Group promoters have purchased 6 apartments in a residential tower Kalpataru Prive
  • The apartments in the project located on south Mumbai’s Altamount Road are spread across18,000 sq ft & includes 24 car parking slots
  • Known for its ultra-luxury homes, Altamount Road is home to HNIs, high-end residences, and is known as Mumbai’s ‘Billionaires Row’

4. Godrej Properties acquires around 50 acres of land in Raipur

  • The project will primarily feature premium plotted residences, spanning approximately 9.5 lakh sq. ft. of saleable area
  • Situated near Old Dhamtari Road — a fast-emerging real estate corridor, the location is well connected to Central Raipur, Raipur Railway Station, and Swami Vivekananda Airport,
  • The company had recently announced entry into Panipat with 43-acre land parcel for ₹1,250 crore plotted development project

5. DLF debuts in Mumbai with ‘The Westpark’ launch

  • The first phase of the project will feature 416 premium apartments
  • The Westpark is a ‘premium’ project, with ticket size between ₹ 5 cr to ₹ 7 cr correpsonding to a ₹40,000 and ₹48,000 per sq ft price
  • The company has launched the project in the Oshiwara locality of Mumbai’s Andheri 7 is spread across 10 acres
  • The project will feature a 50,000 sq ft clubhouse & will also include 845 dedicated car parking spaces

6. Mumbai-based Ashwin Sheth Group announces project in Goregaon West, after acquiring development rights from MHADA

  • The development will have 12 lakh sq ft of RERA carpet area with a gross development value (GDV) ₹3,800 cr
  • The project will have 2 BHK, 3 BHK and 4 BHK apartments ranging from 800 sq ft to 1,600 sq ft
  • The project spread across 4.05 acres will have premium offerings across 5 towers of 44 floors along with a signature 60 floors tower

7. Housing sales in MMR and Pune drop 30% in the June quarter due to rising prices

  • Combined housing sales in MMR and Pune, stood at 60,191 units in the year-ago
  • Sales in India’s eight primary residential markets fell 14% to 97,674 units during April-June this year, from 1,13,768 units in the corresponding period of the preceding year
  • Housing sales together fell in both regions combined fell 30% to 41,901 as surge in prices dampened consumer demand

8. Smartworks Coworking Spaces makes stock market debut

  • The company listed at ₹436.10 on BSE and ₹435 on NSE, against the IPO price of ₹407, marking a 7% premium
  • The IPO was subscribed 13.92 times overall
  • The company currently operates 50 centres in 15 cities & manages 201,118 seats across 8.99 million sq ft of managed space
  • There are currently 965+ operators now serve 90+ cities across India

9. Bengaluru housing sales dip 8% in Q2 2025 despite 12% increase in property prices

  • Developers are expected to recalibrate new launches & pricing strategies, with the aim of restoring balance in the market by late 2025
  • Sales dipped due to affordability concerns from rising prices in FY24, making buyers & investors cautious amid global uncertainties
  • Housing sales in Bengaluru reached 15,100 units in Q2 2025, compared to 16,350 units during the same period last year

10. Peninsula Land acquires 40 acres in Alibaug, Kajrat

  • Peninsula Land, part of the Ashok Piramal Group, plans to launch the project during the festive season
  • The land purchases mark the first deployment from Peninsula’s recently launched ₹765 crore real estate platform—an equity partnership with Alpha Alternatives and Delta Corp
  • The company has acquired 11 acres in Alibaug’s Sogaon and 29 acres in Karjat’s Bhilawale
  • The focus is on residential and second-home markets near Mumbai

Conclusion

Whether it’s celebrity exits like Salman Khan’s, record-breaking luxury buys on Altamount Road, or bold developer expansions from Raipur to Karjat, the real estate market is showing both scale and strategy. Even as housing sales face short-term slowdowns, big-ticket investments and IPO activity like Smartworks signal long-term confidence. Stay tuned for more updates to keep your real estate IQ sharp and future-ready.

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