Amitabh’s Alibaug deal, NMIA & Metro line inaugurated by PM modi
Amitabh Bachchan buys Alibaug plots; PM Modi inaugurates NMIA and Metro 3; major corporate leases from CRISIL, BMW, and Blue Dart.
1. Amitabh Bachchan Buys Three Plots Worth ₹6 Cr in Alibaug
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Amitabh Bachchan purchased three adjoining plots (Nos. 96, 97 & 98) in ‘A Alibaug’ Phase-2 by House of Abhinandan Lodha (HoABL).
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The plots collectively measure 9,557 sq. ft. and are valued at ₹6 crore.
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Earlier, in January 2024, he bought land from HoABL in Ayodhya’s ‘The Sarayu’ 7-star enclave.
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Alibaug continues to attract Bollywood names like Suhana Khan, Kriti Sanon, and Kartik Aaryan as a second-home hotspot.
2. PM Modi Inaugurates Navi Mumbai International Airport (NMIA)
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Prime Minister Narendra Modi inaugurated the ₹19,650 crore NMIA on October 8, 2025, after 28 years of planning.
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Developed by Adani Airport Holdings Ltd and CIDCO, NMIA will decongest Mumbai’s existing airport.
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Phase 1 includes one terminal and one runway, with capacity for 2 crore passengers annually.
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The first flight is scheduled to take off in December 2025.
3. CRISIL Leases ₹600 Cr Office Space in Mumbai’s Powai
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CRISIL Ltd signed a 15-year lease for 2.5 lakh sq. ft. at Hiranandani Lightbridge, Saki Vihar, Powai.
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The monthly rent is ₹2.35 crore (₹94 per sq. ft.) with a 4.77% annual escalation.
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The lease spans floors 10–15 and includes 250 car and 75 two-wheeler parking slots.
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The deal is with Nathan Properties and Gamma Construction, both from the Hiranandani Group.
4. PM Modi Inaugurates Final Phase of Mumbai Metro 3
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The Metro Line-3 Phase 2B connects Acharya Atre Chowk to Cuffe Parade, completing the 33.5-km underground corridor.
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The full line from Cuffe Parade to Aarey JVLR cost ₹37,270 crore.
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The final 11.2-km stretch, worth ₹12,200 crore, links Kalbadevi, Girgaum, Worli, and both airports.
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It connects six business hubs — Nariman Point, Fort, Lower Parel, BKC, SEEPZ, and MIDC.
5. Dharma Productions Leases ₹7 Cr Office in Andheri West
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Dharma Productions, founded by Karan Johar, leased a 5,500 sq. ft. office in Signature by Lotus Developers, Andheri West.
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The monthly rent starts at ₹15 lakh with a 5% annual hike, totaling ₹7.75 crore over four years.
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The deal includes a ₹1 crore security deposit and ₹2.04 lakh stamp duty.
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In 2024, Johar sold 50% of Dharma to Adar Poonawalla’s Serene Productions for ₹1,000 crore.
6. NSE CEO Ashishkumar Chauhan Buys ₹10 Cr Flat in Worli
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Ashishkumar Chauhan, CEO of NSE, bought a ₹10 crore apartment at Lodha World Towers, Worli.
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The unit spans 1,989 sq. ft. on the 11th floor, with three parking spaces.
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The property was purchased from Lodha Developers Ltd.
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Chauhan’s gross annual remuneration is ₹12 crore; net income ₹6 crore, as per NSE’s annual report.
7. SBI to Purchase 200 Apartments for ₹294 Cr for Staff Housing
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SBI will buy 200 two-BHK apartments across Mumbai for ₹294 crore.
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The bank plans 50 units per cluster, sourced via bids floated on October 7.
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Allocations: ₹84 crore (Central Suburbs), ₹108 crore (Western), ₹54 crore (Thane–Kalyan), ₹48 crore (Kharghar–Panvel).
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Each apartment must have a MahaRERA carpet area of 600 sq. ft. and be under five years old.
8. BMW Techworks Leases Office Space in Bengaluru’s Whitefield
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BMW Techworks leased 58,900 sq. ft. in Whitefield, Bengaluru, for ₹1 crore/month.
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The lease includes a 5% annual rent escalation and 54-month lock-in period.
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Signed with Simpliwork Offices Pvt. Ltd., spanning five years.
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The office spans six floors with 59 parking slots and future expansion options.
9. Blue Dart Leases 6 Lakh sq. ft. Warehouse in Gurugram
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Blue Dart Express Ltd leased a 6 lakh sq. ft. warehouse on Pataudi Road, Gurugram, for ₹1 crore/month.
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The nine-year lease, owned by ASD Hotels & Resorts LLP, began on June 15, 2025.
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Includes 5.83 lakh sq. ft. chargeable area and 1.18 lakh sq. ft. parking.
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Follows CCI Group’s ₹227 crore investment in Grade-A warehousing nearby.
10. Mahindra Lifespace Acquires 13.46-Acre Land Near Pune (₹3,500 Cr GDV)
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Mahindra Lifespace Developers acquired 13.46 acres in Nande–Mahalunge, Pune, with a ₹3,500 crore GDV.
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The site is strategically located between Baner-Balewadi and Hinjewadi IT corridor.
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Ideal for IT & BFSI professionals, with excellent connectivity to major hubs.
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The company will also redevelop four housing societies in Malad (West), Mumbai.
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