{"id":1477,"date":"2025-08-19T11:33:19","date_gmt":"2025-08-19T06:03:19","guid":{"rendered":"https:\/\/simplease.in\/blog\/?p=1477"},"modified":"2025-10-08T14:14:55","modified_gmt":"2025-10-08T08:44:55","slug":"1477","status":"publish","type":"post","link":"https:\/\/simplease.in\/blog\/?p=1477","title":{"rendered":"Rising Mumbai prices, Kriti Sanon\u2019s &#038; Hrithik&#8217;s Mumbai realty buys"},"content":{"rendered":"<div>\n<article class=\"text-token-text-primary w-full focus:outline-none scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]\" dir=\"auto\" tabindex=\"-1\" data-turn-id=\"593de4bb-d3d6-4157-ad9a-26033c74bf6a\" data-testid=\"conversation-turn-12\" data-scroll-anchor=\"true\" data-turn=\"assistant\">\n<div class=\"text-base my-auto mx-auto pb-10 [--thread-content-margin:--spacing(4)] @[37rem]:[--thread-content-margin:--spacing(6)] @[72rem]:[--thread-content-margin:--spacing(16)] px-(--thread-content-margin)\">\n<div class=\"[--thread-content-max-width:32rem] @[34rem]:[--thread-content-max-width:40rem] @[64rem]:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group\/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn\" tabindex=\"-1\">\n<div class=\"flex max-w-full flex-col grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal [.text-message+&amp;]:mt-5\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"b64f328c-65ac-41a5-b7de-6bd7476eab61\" data-message-model-slug=\"gpt-4o\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[3px]\">\n<div class=\"markdown prose dark:prose-invert w-full break-words light markdown-new-styling\">\n<p data-start=\"0\" data-end=\"130\" data-is-last-node=\"\" data-is-only-node=\"\">From Kriti Sanon\u2019s Bandra penthouse to Eaton\u2019s Pune lease and CapitaLand\u2019s \u20b919,200\u202fcr push, real estate is rewriting its playbook.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<h3>1. Kriti Sanon buys sea-facing luxury duplex penthouse in Mumbai\u2019s Bandra west at \u20b978 cr<\/h3>\n<\/div>\n<div>\n<ul>\n<li>The duplex penthouse in Bandra West\u2019s Supreme Prana is spread across the 14th and 15th floors<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>The 6,636 sq.ft. home includes a 1,209 sq.ft. private terrace and six dedicated car parks<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>At \u20b91.18 lakh per sq.ft. , it ranks among Bandra\u2019s most expensive celebrity real estate deals this year<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>The apartment offers uninterrupted floor-to-ceiling views of the Arabian Sea<\/li>\n<\/ul>\n<div>\n<div>\n<div>\n<h3>2. IKEA India opens its first Delhi store at Pacific Mall<\/h3>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li>Swedish retailer IKEA India on August 13 announced its first store in Delhi, at Pacific Mall, Tagore Garden<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>Spanning 15,000 sq. ft., the outlet offers a selection of over 2,000 products on display, around 800 available for immediate purchase<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>IKEA\u2019s Delhi store follows the \u2018One Click, 30 Minutes Away\u2019 model, offering curated solutions like its other city stores in urban hubs<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>The Delhi store launch follows IKEA\u2019s NCR online debut in March, as part of its wider omnichannel expansion<\/li>\n<\/ul>\n<div>\n<div>\n<div>\n<h3>3. Hrithik Roshan expands real estate portfolio with \u20b931 cr office purchase in Mumbai&#8217;s Chandivali area<\/h3>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li>HRX Digitech LLP, jointly held by Hrithik and Rakesh Roshan, acquired three office units in the Boomerang building, Chandivali<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>These spaces collectively span 13,546 sq ft of carpet area<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>The sellers for the recent purchase include Manish Krishangopal Bazari, Shalini Manish Bazari, and Bazspace Pvt. Ltd.<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>The deal follows a prior acquisition in 2024, where HRX Digitech procured five office units in the same building for \u20b937 cr<\/li>\n<\/ul>\n<div>\n<div>\n<div>\n<h3>4. Keystone Realtors buys 3 Mumbai land parcels to build homes worth \u20b97,700 cr<\/h3>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li>The company achieved record pre-sales of \u20b91,068 cr during April to June 2025, marking a 75% YoY increase<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>CMD Boman Irani stated they\u2019ve already surpassed their FY26 target of adding \u20b96,000 cr worth of projects<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>The company has bagged a \u20b94,521 cr project for redevelopment of GTB Nagar Cluster at Sion in Mumbai.<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>It secured a \u20b92,956 cr project of Lokhandwala Cluster at Andheri (West) and a \u20b9251 cr redevelopment project at Goregaon (East)<\/li>\n<\/ul>\n<div>\n<div>\n<div>\n<h3>5. Brookfield acquires Jet Airways office floor in Mumbai&#8217;s BKC for \u20b9370 cr<\/h3>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li>In 2020, as part of the same insolvency proceedings, it had acquired two floors in the building for \u20b9490 crs<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>Brookfield acquired Jet Airways office space in Godrej BKC by exercising its right of first refusal, under NCLT\u2019s IBC process<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>The deal expands Brookfield\u2019s footprint to 250,000 sq ft across three contiguous floors in the 19-storey commerical building<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>Those floors are fully leased to marquee tenants including the World Bank and PayPal<\/li>\n<\/ul>\n<div>\n<div>\n<div>\n<h3>6. Eaton Tech leases 1.5 lakh sq. ft. office in Pune for \u20b91 cr monthly rent<\/h3>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li>The high-grade office space is at Aditya Shagun Infinity IT Park in Pune\u2019s Baner area<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>The premises include 150 parking slots each for four-wheelers and two-wheelers, providing ample space for employee vehicles<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>Eaton plans to establish its Global Capability Center (GCC) at this location, marking a major strategic move for its India operations<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>Over the 10-year term, the rental outlay is projected to exceed \u20b9250 crs, making it one of Pune\u2019s largest IT park leasing deals in 2025<\/li>\n<\/ul>\n<div>\n<div>\n<div>\n<h3>7. CapitaLand plans \u20b919,200 cr push into Mumbai, Pune real estate markets by 2030<\/h3>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li>So far, it has invested over \u20b96,800 cr across 10 assets in the state<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>CapitaLand\u2019s investment (CLI) spans key commercial segments: business parks, data centres, logistics, and industrial parks<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>CLI commenced operations in Maharashtra since 2013, beginning with International Tech Park Pune in Hinjawadi developed with MIDC<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>Future investments will be routed through CLINT, private funds, and the Ascendas\u2011Firstspace platform<\/li>\n<\/ul>\n<div>\n<div>\n<div>\n<h3>8. Dow Chemicals leases five floors in Navi Mumbai for \u20b91 cr a month<\/h3>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li>Dow Chemicals leased 1.79 lakh sq ft in Mindspace Business Park, Airoli, under a 10-year lease<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>The leased area spans five floors and includes 225 car parking slots in the non-processing zone of the SEZ<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>Mindspace SEZ, located in the Trans Thane Creek Industrial area, is a designated IT\/ITes sector special economic zone built on leasehold land<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>Fit-out rent for the space is set at \u20b929.45 per sq ft per month<\/li>\n<\/ul>\n<div>\n<div>\n<div>\n<h3>9. Maharashtra CM Fadnavis flags rising property prices in Mumbai despite major infra push<\/h3>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li>CM highlighted the demand-supply imbalance &amp; emphasizes the need for innovative construction technologies<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>Highligting major infra projects like Mumbai Trans Harbour Link, Coastal Road &amp; Navi Mumbai airport, the CM raised concerns on rising property prices in the city<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>The CM also highlighted the government\u2019s long-term growth strategy, including the plan to create a &#8216;Fourth Mumbai&#8217; around the upcoming Vadhavan Port in Palghar district<\/li>\n<\/ul>\n<div>\n<div>\n<div>\n<h3>10. NCLAT clears way for insolvency proceedings against Supertech Realtors<\/h3>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li>The Bank of Maharashtra filed an insolvency petition against the Supernova project developer over a loan default of \u20b9168 crore.<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>\n<p data-start=\"187\" data-end=\"491\">The Supernova project spans 70,002 sq. meters in Sector 94, Noida, and features residential apartments, office spaces, retail outlets, and a luxury hotel.<\/p>\n<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>The proceedings revolve around the \u20b92,326 cr Supernova project in Noida, planned as an 80-floor mixed-use tower<\/li>\n<\/ul>\n<article class=\"text-token-text-primary w-full focus:outline-none scroll-mt-(--header-height)\" dir=\"auto\" tabindex=\"-1\" data-testid=\"conversation-turn-3\" data-scroll-anchor=\"false\" data-turn=\"user\">\n<div class=\"text-base my-auto mx-auto pt-12 [--thread-content-margin:--spacing(4)] @[37rem]:[--thread-content-margin:--spacing(6)] @[72rem]:[--thread-content-margin:--spacing(16)] px-(--thread-content-margin)\">\n<div class=\"[--thread-content-max-width:32rem] @[34rem]:[--thread-content-max-width:40rem] @[64rem]:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group\/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col\" tabindex=\"-1\">\n<div class=\"flex max-w-full flex-col grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal [.text-message+&amp;]:mt-5\" dir=\"auto\" data-message-author-role=\"user\" data-message-id=\"95df79ec-a880-41d7-9a04-f001651ffee8\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden items-end rtl:items-start\">\n<div class=\"user-message-bubble-color relative max-w-[var(--user-chat-width,70%)] rounded-[18px] px-4 py-1.5 data-[multiline]:py-3\">\n<h2 class=\"whitespace-pre-wrap\">Conclusion<\/h2>\n<article class=\"text-token-text-primary w-full focus:outline-none scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]\" dir=\"auto\" tabindex=\"-1\" data-turn-id=\"request-WEB:c59b3e37-e6ae-436b-8059-ad0c4c5628d7-84\" data-testid=\"conversation-turn-170\" data-scroll-anchor=\"true\" data-turn=\"assistant\">\n<div class=\"text-base my-auto mx-auto pb-10 [--thread-content-margin:--spacing(4)] @[37rem]:[--thread-content-margin:--spacing(6)] @[72rem]:[--thread-content-margin:--spacing(16)] px-(--thread-content-margin)\">\n<div class=\"[--thread-content-max-width:32rem] @[34rem]:[--thread-content-max-width:40rem] @[64rem]:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group\/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn\" tabindex=\"-1\">\n<div class=\"flex max-w-full flex-col grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal [.text-message+&amp;]:mt-5\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"341cc12f-92eb-4dd5-96c5-d1f2dc105ea7\" data-message-model-slug=\"gpt-4o\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[3px]\">\n<div class=\"markdown prose dark:prose-invert w-full break-words light markdown-new-styling\">\n<p data-start=\"0\" data-end=\"339\" data-is-last-node=\"\" data-is-only-node=\"\">This week\u2019s developments highlight the breadth and momentum of India\u2019s real estate market, from Kriti Sanon\u2019s record-breaking Bandra penthouse and IKEA\u2019s Delhi debut to large-scale investments by CapitaLand and major office leases by Eaton and Dow Chemicals. Even as infrastructure expands across cities like Mumbai, rising prices and insolvency proceedings like Supertech\u2019s show that challenges remain amid the growth.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<hr \/>\n<p>Visit\u00a0<a href=\"https:\/\/simplease.in\/\">Simplease<\/a>\u00a0for property management services.<\/p>\n<p>Speak with our experts at +91\u201184 48 802 803<\/p>\n<p>Email us at info@simplease.in<\/p>\n<p>Follow us for more insights on real estate \u2013<\/p>\n<p><img decoding=\"async\" class=\"\" src=\"https:\/\/ichef.bbci.co.uk\/ace\/standard\/976\/cpsprodpb\/E802\/production\/_89649395_instagram_logo_976.jpg\" alt=\"Instagram launches a new logo - a 'simpler camera' - BBC News\" width=\"25\" height=\"14\" \/>\u2013\u00a0<a href=\"https:\/\/www.instagram.com\/simplease_in?igsh=MWkxZDgzdXM0a25vZw==\">simplease_in<\/a><\/p>\n<p><img decoding=\"async\" class=\"\" src=\"https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/8\/81\/LinkedIn_icon.svg\/1024px-LinkedIn_icon.svg.png\" alt=\"File:LinkedIn icon.svg - Wikimedia Commons\" width=\"14\" height=\"14\" \/>\u00a0\u2013\u00a0<a href=\"https:\/\/www.linkedin.com\/company\/simplease-india\/?viewAsMember=true\">simplease<\/a><\/p>\n<p><img decoding=\"async\" class=\"\" src=\"https:\/\/upload.wikimedia.org\/wikipedia\/commons\/e\/ef\/Youtube_logo.png\" alt=\"File:Youtube logo.png - Wikimedia Commons\" width=\"17\" height=\"12\" \/>\u00a0\u2013\u00a0<a href=\"https:\/\/youtube.com\/@simplease765?si=lUOIIm3mKTcWmDX5\">Simplease<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>From Kriti Sanon\u2019s Bandra penthouse to Eaton\u2019s Pune lease and CapitaLand\u2019s \u20b919,200\u202fcr push, real estate is rewriting its playbook. 1. Kriti Sanon buys sea-facing luxury duplex penthouse in Mumbai\u2019s Bandra west at \u20b978 cr The duplex penthouse in Bandra West\u2019s Supreme Prana is spread across the 14th and 15th floors The 6,636 sq.ft. home includes [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1687,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[99],"tags":[],"class_list":["post-1477","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-weeklynewstracker"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Rising Mumbai prices, Kriti Sanon\u2019s &amp; Hrithik&#039;s Mumbai realty buys<\/title>\n<meta name=\"description\" content=\"From Kriti Sanon\u2019s Bandra penthouse to Eaton\u2019s Pune lease and CapitaLand\u2019s \u20b919,200\u202fcr push, real estate is rewriting its playbook.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/simplease.in\/blog\/?p=1477\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rising Mumbai prices, Kriti Sanon\u2019s &amp; 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