Aamir Khan’s Lease, Tesla’s Push & India’s Office Boom
August 13, 2025
Aamir’s lease, Anand’s ₹195 cr buy, Tesla’s expansion & booming IPOs—India’s realty buzzes with big deals & celeb moves this week.
1. Aamir Khan leases four flats in Mumbai’s Pali Hill for ₹24 lakh rent per month.
- The four apartments have been taken on lease by Aamir Khan for a period of five years from May 2025 to May 2030
- Reason for the move is the upcoming redevelopment of the housing society where Aamir Khan currently resides
- The apartments are located on Nargis Dutt Road in Pali Hill, in a society named Wilnomona Apartment, just 750 metres from Shah Rukh Khan’s temporary home, Puja Casa
- The security deposit for the four apartments is over ₹1cr and the monthly rent will increase by 5% annually
2. Auto component manufacturer Anand Automotive buys bungalow in New Delhi for ₹195 cr
- The property is bought in Kautilya Marg covering 1,550 sq yd, marking one of the highest-value residential property transactions of 2025
- Kautilya Marg in Delhi’s upscale Chanakyapuri attracts HNIs for its prime location, large plots & relaxed building norms vs. Lutyens’ Zone
- Recently, Anurag Jain of Endurance Technologies also picked up a ₹130 cr bungalow on Kautilya Marg recently
- The transaction was facilitated by property consultant CBRE
3. Tesla to open third India showroom on Gurugram’s Sohna Road
- The space at Orchid Business Park has been leased at a monthly rent of ₹40 lakh for nine years
- After launching in Mumbai, Elon Musk’s Tesla has expanded its India footprint by leasing 51,000 sq ft of commercial space in Gurugram
- Tesla also plans to open a showroom in Delhi’s Worldmark Mall, Aerocity on August 11
- The space with 33,475 sq ft chargeable area & 51 parking slots will serve as a service centre, warehouse, and retail outlet
4. DLF net profit rises to ₹763 crore in Q1 FY26
- DLF reported an 18% increase in its net profit compared to the same period last year
- Its new sales bookings for the first quarter stood at ₹11,425 cr, a 78% increase compared to the same period last year.
- DLF will be investing ₹23,500 cr to complete its ongoing housing projects in Delhi-NCR, Mumbai
- The company’s consolidated revenue stood at ₹2,981 cr
5. India set to become fourth-largest office market as stocks nears 1 billion sq ft
- Bengaluru, the National Capital Region (NCR) and Mumbai together account for nearly 60% of India’s total office stock
- Cumulative office stock across top eight Indian cities stood at 993 mn sq ft in the first half of 2025
- Bengaluru leads with 229 mn sq ft (23%) followed by NCR at 199 mn sq ft (20 %) and Mumbai 169 mn sq ft (17 %)
- This will push India to become the World’s 4th largest office market after China (6.26 bn sq ft), US (10.2 bn sq ft) & Japan (1.77 bn sq ft)
6. Trump Organization earned ₹175 cr from 7 Indian projects with top developers
- India is currently home to the largest portfolio of Trump-branded properties outside the United States, with over 10 mn sq ft in the pipeline
- The company licenses its brand to luxury real estate projects, earning 3–5% of total sales upfront without owning land or funding construction
- Between 2012 and 2019, it earned $11 mn in royalties and fees from four branded projects in Mumbai, Pune, Gurugram, and Kolkata
7. Mirzapur actor Shweta Tripathi buys an apartment in Mumbai’s Chembur for ₹3 cr
- Bought at ₹3 cr , the purchase value comes at ₹32,000 per sq ft
- Shweta Tripathi has bought the apartment in a building named Supreme Boulevard, a project by Supreme Universal in Chembur
- The apartment, measuring 938 sq ft of usable area, is located on the 9th floor of the building and comes with 2 car parkings
- Shweta Tripathi is an Indian actress best known for her role as Gajgamini ‘Golu’ Gupta in Amazon Prime’s Mirzapur
8. Lodha Developers expects its market share in MMR to touch 20% by the end of the decade
- The company projects its market share to exceed 10% across MMR, Pune & Bengaluru by the end of the decade
- Market share as of FY24 is 10% in MMR, which is likely to go up to 20% by the end of the decade, followed by 15% in Pune from its existing 5% & 12% in Bengaluru from 2% currently
- Lodha Developers has delivered 110 mn sq ft of real estate and is currently developing more than 130 mn sq ft under its ongoing and planned portfolio
9. Sri Lotus Developers and Realty stock rallies over 31% in debut trade
- The initial public offer of Sri Lotus Developers and Realty was subscribed 69.14 times
- The market cap closed above $1bn. The scrip listed at ₹179.10 per share on the BSE, a premium of 19%
- Of the net proceeds, the company intends to invest ₹550 crore in its subsidiaries to partially fund the development and construction of its ongoing projects: Amalfi, The Arcadian & Varun
10. Rustomjee Group to foray into Pune market for township projects
- Rustomjee is evaluating two joint development proposals in Pune, each covering part of a ~100-acre township-scale opportunity
- This will be the third city for the company to enter after it announced its foray into the Nagpur real estate early this year
- Despite expansion plans, Rustomjee’s primary focus remains on the Mumbai Metropolitan Region (MMR), especially redevelopment projects
Conclusion
India’s real estate market remains dynamic, with high-profile leases by celebrities like Aamir Khan, mega deals in luxury housing, and strategic expansions by top developers. From Tesla’s commercial push to India nearing 1 billion sq ft in office stock, the sector is scaling up across all fronts—luxury, residential, commercial, and institutional.
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