{"id":1620,"date":"2025-09-15T12:40:34","date_gmt":"2025-09-15T07:10:34","guid":{"rendered":"https:\/\/simplease.in\/blog\/?p=1620"},"modified":"2025-10-08T14:21:45","modified_gmt":"2025-10-08T08:51:45","slug":"tiger-shroff-sells-and-amazon-lease-highlight-real-estate-moves","status":"publish","type":"post","link":"https:\/\/simplease.in\/blog\/?p=1620","title":{"rendered":"Tiger Shroff sells and Amazon lease boost real estate sector"},"content":{"rendered":"<p data-start=\"184\" data-end=\"608\">From celebrity home sales to RBI land deals &amp; Amazon\u2019s Chennai expansion, here are the top trends in India\u2019s real estate market.<\/p>\n<h3 data-start=\"375\" data-end=\"437\">1. Tiger Shroff Sells Mumbai Apartment for \u20b915 Crore in Khar<\/h3>\n<ul data-start=\"438\" data-end=\"796\">\n<li data-start=\"438\" data-end=\"538\">\n<p data-start=\"440\" data-end=\"538\">Actor Tiger Shroff sold his luxury apartment at Rustomjee Paramount, Khar for \u20b915 crore.<\/p>\n<\/li>\n<li data-start=\"539\" data-end=\"624\">\n<p data-start=\"541\" data-end=\"624\">The 22nd-floor apartment spans 1,989 sq ft carpet area, 2,189 sq ft built-up.<\/p>\n<\/li>\n<li data-start=\"625\" data-end=\"728\">\n<p data-start=\"627\" data-end=\"728\">Comes with three car parking spaces and was purchased by Sandeep Saraf, already a resident.<\/p>\n<\/li>\n<li data-start=\"729\" data-end=\"796\">\n<p data-start=\"731\" data-end=\"796\">Shroff made a 31% profit on his 2018 purchase of \u20b911 crore.<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"798\" data-end=\"870\">2. Former HDFC Bank Executive Buys \u20b952 Crore Luxury Apartment in Worli<\/h3>\n<ul data-start=\"871\" data-end=\"1241\">\n<li data-start=\"871\" data-end=\"978\">\n<p data-start=\"873\" data-end=\"978\">Paresh Sukthankar, ex-deputy MD of HDFC Bank, bought a luxury home in Prestige Nautilus, Worli.<\/p>\n<\/li>\n<li data-start=\"979\" data-end=\"1067\">\n<p data-start=\"981\" data-end=\"1067\">The apartment has a RERA carpet area of 4,378 sq ft and four parking spaces.<\/p>\n<\/li>\n<li data-start=\"1068\" data-end=\"1144\">\n<p data-start=\"1070\" data-end=\"1144\">Purchased at a rate of \u20b91.19 lakh per sq ft, totaling \u20b952 crore.<\/p>\n<\/li>\n<li data-start=\"1145\" data-end=\"1241\">\n<p data-start=\"1147\" data-end=\"1241\">Prestige Nautilus launched in Q4 FY25, recording \u20b92,385.7 crore in sales within a month.<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"1243\" data-end=\"1296\">3. RBI Acquires Nariman Point Land for \u20b93,472 Crore<\/h3>\n<ul data-start=\"1297\" data-end=\"1696\">\n<li data-start=\"1297\" data-end=\"1402\">\n<p data-start=\"1299\" data-end=\"1402\">The Reserve Bank of India (RBI) purchased a 4.2-acre land parcel from MMRCL in Nariman Point.<\/p>\n<\/li>\n<li data-start=\"1403\" data-end=\"1481\">\n<p data-start=\"1405\" data-end=\"1481\">The land spans 16,832 sq m with a buildable area of 16 lakh sq ft.<\/p>\n<\/li>\n<li data-start=\"1482\" data-end=\"1574\">\n<p data-start=\"1484\" data-end=\"1574\">MMRCL will use proceeds to fund Mumbai Metro Line 3 and repay loans, including JICA.<\/p>\n<\/li>\n<li data-start=\"1575\" data-end=\"1696\">\n<p data-start=\"1577\" data-end=\"1696\">Plot is among the last large developable parcels in Nariman Point; Blackstone, Oberoi, RMZ, Tata showed interest.<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"1698\" data-end=\"1754\">4. Amazon Leases 220,000 Sq Ft Office Space in Chennai<\/h3>\n<ul data-start=\"1755\" data-end=\"2160\">\n<li data-start=\"1755\" data-end=\"1860\">\n<p data-start=\"1757\" data-end=\"1860\">Amazon Development Centre India leased 220,000 sq ft office space in Chennai from WeWork.<\/p>\n<\/li>\n<li data-start=\"1861\" data-end=\"1968\">\n<p data-start=\"1863\" data-end=\"1968\">Lease spans 40 months, accommodating 3,500+ work units, Amazon\u2019s largest Chennai lease in 2025.<\/p>\n<\/li>\n<li data-start=\"1969\" data-end=\"2055\">\n<p data-start=\"1971\" data-end=\"2055\">Monthly outflow is approx. \u20b94 crore, with rents between \u20b990-106 per sq ft.<\/p>\n<\/li>\n<li data-start=\"2056\" data-end=\"2160\">\n<p data-start=\"2058\" data-end=\"2160\">Amazon earlier leased 473,176 sq ft at Ramanujan IT City (Infinity Tower) between 2017\u20132019.<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"2162\" data-end=\"2228\">5. Two Luxury Penthouses Sold for \u20b916 Crore at Lodha Palava City<\/h3>\n<ul data-start=\"2229\" data-end=\"2554\">\n<li data-start=\"2229\" data-end=\"2317\">\n<p data-start=\"2231\" data-end=\"2317\">Two 35th-floor penthouses of 4,754 sq ft each sold for nearly \u20b916 crore.<\/p>\n<\/li>\n<li data-start=\"2318\" data-end=\"2388\">\n<p data-start=\"2320\" data-end=\"2388\">Recorded as the highest per sq ft rate in the area at \u20b916,400.<\/p>\n<\/li>\n<li data-start=\"2389\" data-end=\"2453\">\n<p data-start=\"2391\" data-end=\"2453\">Buyers are Ali Asgar Khargunwala and Fatema Anguthiwala.<\/p>\n<\/li>\n<li data-start=\"2454\" data-end=\"2554\">\n<p data-start=\"2456\" data-end=\"2554\">Lodha Palava City expected to generate \u20b98,000+ crore annually from its diverse developments.<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"2556\" data-end=\"2623\">6. Hyderabad Duo Buys \u20b9148 Crore Bungalow in Delhi\u2019s Lutyens Zone<\/h3>\n<ul data-start=\"2624\" data-end=\"3000\">\n<li data-start=\"2624\" data-end=\"2737\">\n<p data-start=\"2626\" data-end=\"2737\">Sasidhar &amp; Lakshmi Priyadarshini Chinta of Vishwa Samudra Group bought a bungalow in Jor Bagh, Delhi.<\/p>\n<\/li>\n<li data-start=\"2738\" data-end=\"2823\">\n<p data-start=\"2740\" data-end=\"2823\">The bungalow spans 883 sq m, located in the Lutyens\u2019 Bungalow Zone (LBZ).<\/p>\n<\/li>\n<li data-start=\"2824\" data-end=\"2913\">\n<p data-start=\"2826\" data-end=\"2913\">LBZ covers 28 sq km, housing around 3,000 bungalows (mostly govt. officials).<\/p>\n<\/li>\n<li data-start=\"2914\" data-end=\"3000\">\n<p data-start=\"2916\" data-end=\"3000\">About 600 privately-owned properties belong to India\u2019s wealthiest individuals.<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"3002\" data-end=\"3071\">7. Embassy Group\u2019s \u201cParadiso\u201d Luxury Project in Bengaluru Sells Out<\/h3>\n<ul data-start=\"3072\" data-end=\"3430\">\n<li data-start=\"3072\" data-end=\"3180\">\n<p data-start=\"3074\" data-end=\"3180\">Embassy Group\u2019s Paradiso project in Embassy Springs township, North Bengaluru, sold out quickly.<\/p>\n<\/li>\n<li data-start=\"3181\" data-end=\"3272\">\n<p data-start=\"3183\" data-end=\"3272\">Spread across 6.4 acres, part of the 288-acre township near Kempegowda Airport.<\/p>\n<\/li>\n<li data-start=\"3273\" data-end=\"3346\">\n<p data-start=\"3275\" data-end=\"3346\">Offered premium plots of 4,300\u20134,800 sq ft priced above \u20b94 crore.<\/p>\n<\/li>\n<li data-start=\"3347\" data-end=\"3430\">\n<p data-start=\"3349\" data-end=\"3430\">Project clocked \u20b9204 crore pre-sales, reflecting demand for plotted living.<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"3432\" data-end=\"3500\">8. Indian Railways to Monetise 25 Acres in Mumbai for \u20b98,000 Crore<\/h3>\n<ul data-start=\"3501\" data-end=\"3879\">\n<li data-start=\"3501\" data-end=\"3586\">\n<p data-start=\"3503\" data-end=\"3586\">RLDA to lease land parcels in Bandra West, Bandra East, Mahalaxmi, and Parel.<\/p>\n<\/li>\n<li data-start=\"3587\" data-end=\"3681\">\n<p data-start=\"3589\" data-end=\"3681\">Parel land (5.69 acres) earmarked for residential; expected revenue \u20b91,700+ crore.<\/p>\n<\/li>\n<li data-start=\"3682\" data-end=\"3775\">\n<p data-start=\"3684\" data-end=\"3775\">Mahalaxmi land (2.66 acres) near station to raise \u20b91,000 crore via 99-year lease.<\/p>\n<\/li>\n<li data-start=\"3776\" data-end=\"3879\">\n<p data-start=\"3778\" data-end=\"3879\">Bandra East plot (11.20 acres) planned for commercial use, expected to raise \u20b95,300+ crore.<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"3881\" data-end=\"3943\">9. MahaRERA Resolves 5,267 Homebuyer Complaints in 10 Months<\/h3>\n<ul data-start=\"3944\" data-end=\"4295\">\n<li data-start=\"3944\" data-end=\"4063\">\n<p data-start=\"3946\" data-end=\"4063\">Between Oct 2024 \u2013 Jul 2025, MahaRERA resolved 5,267 complaints on delays, poor quality, missing amenities.<\/p>\n<\/li>\n<li data-start=\"4064\" data-end=\"4146\">\n<p data-start=\"4066\" data-end=\"4146\">Since May 2017, it has received 30,833 complaints and resolved 23,726.<\/p>\n<\/li>\n<li data-start=\"4147\" data-end=\"4207\">\n<p data-start=\"4149\" data-end=\"4207\">During this period, 3,743 new complaints were filed.<\/p>\n<\/li>\n<li data-start=\"4208\" data-end=\"4295\">\n<p data-start=\"4210\" data-end=\"4295\">About 79% of complaints relate to pre-RERA projects, 21% to post-RERA launches.<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"4297\" data-end=\"4376\">10. Mumbai Redevelopment to Unlock 44,000+ Homes Worth \u20b91.3 Lakh Crore by 2030<\/h3>\n<ul data-start=\"4377\" data-end=\"4754\">\n<li data-start=\"4377\" data-end=\"4479\">\n<p data-start=\"4379\" data-end=\"4479\">Since 2020, 910 societies signed redevelopment deals, unlocking 327 acres under FSI norms.<\/p>\n<\/li>\n<li data-start=\"4480\" data-end=\"4569\">\n<p data-start=\"4482\" data-end=\"4569\">Western Suburbs (Bandra\u2013Borivali) to add 32,354 units, ~73% of new housing stock.<\/p>\n<\/li>\n<li data-start=\"4570\" data-end=\"4675\">\n<p data-start=\"4572\" data-end=\"4675\">Redevelopment projected to generate \u20b96,500 crore in sales and \u20b96,525 crore in GST in 5 years.<\/p>\n<\/li>\n<li data-start=\"4676\" data-end=\"4754\">\n<p data-start=\"4678\" data-end=\"4754\">Central &amp; South Mumbai lag behind; South Mumbai to add only 416 units.<\/p>\n<\/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<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:6923f1d3-0ba2-48ac-9164-97e4c994bc33-0\" data-testid=\"conversation-turn-2\" 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=\"60743f88-ce9f-4eb7-818a-eff98314796f\" 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=\"130\" data-end=\"896\">This week\u2019s developments in India\u2019s real estate sector highlight a market that is dynamic, resilient, and increasingly diverse. From celebrity and corporate luxury home purchases in Mumbai and Delhi, to mega land acquisitions by RBI and railway monetisation plans, high-value deals continue to reshape urban skylines. At the same time, global giants like Amazon and BlackRock are expanding their office footprints, reaffirming India\u2019s role as a global business hub. Rapid sell-outs of projects like Embassy Group\u2019s Paradiso, the steady progress of MahaRERA in resolving buyer grievances, and the redevelopment push unlocking 44,000+ new homes in Mumbai all point to a sector that is balancing demand, compliance, and innovation.<\/p>\n<p data-start=\"898\" data-end=\"1163\">As India edges closer to becoming one of the world\u2019s most significant real estate markets, these stories underscore one clear trend: the convergence of luxury, investment, governance, and infrastructure is shaping the next decade of Indian real estate 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<\/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","protected":false},"excerpt":{"rendered":"<p>From celebrity home sales to RBI land deals &amp; Amazon\u2019s Chennai expansion, here are the top trends in India\u2019s real estate market. 1. Tiger Shroff Sells Mumbai Apartment for \u20b915 Crore in Khar Actor Tiger Shroff sold his luxury apartment at Rustomjee Paramount, Khar for \u20b915 crore. The 22nd-floor apartment spans 1,989 sq ft carpet [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1691,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[99],"tags":[],"class_list":["post-1620","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>Tiger Shroff sells and Amazon lease boost real estate sector<\/title>\n<meta name=\"description\" content=\"From celebrity home sales to RBI land deals &amp; Amazon\u2019s Chennai expansion, here are the top trends in India\u2019s real estate market.\" \/>\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=1620\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tiger Shroff sells and Amazon lease boost real estate sector\" \/>\n<meta property=\"og:description\" content=\"From celebrity home sales to RBI land deals &amp; 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