{"id":1704,"date":"2025-10-22T16:24:30","date_gmt":"2025-10-22T10:54:30","guid":{"rendered":"https:\/\/simplease.in\/blog\/?p=1704"},"modified":"2025-10-22T16:29:40","modified_gmt":"2025-10-22T10:59:40","slug":"neil-nitin-mukesh-ranjan-pai-m3m-lead-big-real-estate-moves","status":"publish","type":"post","link":"https:\/\/simplease.in\/blog\/?p=1704","title":{"rendered":"Neil Nitin Mukesh, Ranjan Pai, M3M lead big real estate moves"},"content":{"rendered":"<p>From Neil Nitin Mukesh\u2019s \u20b911 cr home to M3M\u2019s \u20b92,100 cr project \u2014 here are this week\u2019s biggest real estate moves across India.<\/p>\n<h3>1. Neil Nitin Mukesh and Father Nitin Mukesh Buy \u20b911 Cr Apartment in Mumbai\u2019s Lower Parel<\/h3>\n<ul>\n<li>The property is located in World One, one of Mumbai\u2019s most iconic skyscrapers developed by Lodha Developers.<\/li>\n<li>The apartment spans 2,044 sq. ft. on the 31st floor and includes two car parking spaces.<\/li>\n<li>The property was purchased from the Shah family in the secondary market.<\/li>\n<li>Earlier this month, NSE CEO Ashishkumar Chauhan also bought a 1,900 sq. ft. apartment in the same tower for \u20b910 crore.<\/li>\n<\/ul>\n<h3>2. Manipal Group Chairman Ranjan Pai Buys \u20b9165 Cr Property in Bengaluru<\/h3>\n<ul>\n<li>The property was purchased from Australian national Mira Angeline Cummins.<\/li>\n<li>The deal price translates to \u20b964,150 per sq. ft., highlighting the scarcity of premium land parcels in Bengaluru\u2019s CBD.<\/li>\n<li>Located near UB City and Cubbon Park, Lavelle Road remains one of the most prestigious addresses in the city.<\/li>\n<li>The site includes two existing buildings measuring approximately 3,339 sq. ft. each.<\/li>\n<\/ul>\n<h3>3. Mahindra Logistics Leases \u20b9135 Cr Warehouse in West Bengal<\/h3>\n<ul>\n<li>The lease deal is worth over \u20b9135 crore, with ANJY Properties LLP as the property owner.<\/li>\n<li>The company will pay a starting rent of \u20b997.72 lakh per month, calculated at \u20b920.6 per sq. ft., with 4% annual escalation.<\/li>\n<li>The facility will serve as a key logistics hub in Eastern India.<\/li>\n<li>Earlier in June 2025, Mahindra Logistics leased 2.97 lakh sq. ft. of space near Pune for \u20b971 lakh\/month.<\/li>\n<\/ul>\n<h3>4. Sonu Sood and Eshaan Sood Purchase Properties Worth Over \u20b93 Cr in Mumbai Metropolitan Region<\/h3>\n<ul>\n<li>The father-son duo bought a land parcel worth \u20b91 crore in Shirdon, Panvel, measuring 777 sq. yards (0.065 hectares).<\/li>\n<li>In a separate deal, Eshaan Sood bought an apartment worth \u20b92.6 crore in Andheri West.<\/li>\n<li>The apartment features a RERA carpet area of 900 sq. ft. and a built-up area of 1,080 sq. ft..<\/li>\n<li>Together, the transactions reflect over \u20b93 crore in total real estate investments.<\/li>\n<\/ul>\n<h3>5. Godrej Properties Acquires 26-Acre Land Parcel Near Sarjapur Road, Bengaluru<\/h3>\n<ul>\n<li>The developer plans to launch a premium residential project with \u20b91,100 crore revenue potential.<\/li>\n<li>The land is located close to Whitefield, Outer Ring Road, and Electronic City.<\/li>\n<li>The area is known for strong housing demand and infrastructure growth.<\/li>\n<li>Godrej Properties already has projects nearby, including Godrej Park Retreat and Godrej Lakeside Orchards.<\/li>\n<\/ul>\n<h3>6. Prestige Group Launches \u20b92,000 Cr Residential Project in Mira Road, Mumbai<\/h3>\n<ul>\n<li>The project spans 5.2 acres with 1,324 residential units across 1 million sq. ft.<\/li>\n<li>Located on the Western Express Highway, it is a 2-minute walk from the upcoming Metro station.<\/li>\n<li>The development offers 1, 2, and 3 BHK apartments with premium amenities like clubhouse, gardens, pool, and fitness zones.<\/li>\n<li>It enjoys excellent connectivity to Metro Line 9 and key business hubs in the Western Suburbs.<\/li>\n<\/ul>\n<h3>7. M3M India to Invest \u20b92,100 Cr in Jacob &amp; Co.-Branded Residences, Noida<\/h3>\n<ul>\n<li>Spread over six acres, the project will generate an estimated \u20b93,500 crore in topline revenue.<\/li>\n<li>Offers 3BHK, 4BHK, and 5BHK branded homes, priced between \u20b914 crore and \u20b925 crore.<\/li>\n<li>The project will be completed in two phases \u2014 150 branded residences in Phase I and 100 serviced units in Phase II.<\/li>\n<li>A buyer recently purchased three apartments, setting a record price of \u20b935,000 per sq. ft. in Noida\u2019s luxury market.<\/li>\n<\/ul>\n<h3>8. House of Hiranandani Acquires Land in Andheri East, Mumbai<\/h3>\n<ul>\n<li>The company will invest over \u20b9500 crore to develop a Grade A commercial tower.<\/li>\n<li>The project will offer 4 lakh sq. ft. of leasable office space for corporate tenants.<\/li>\n<li>Construction is expected to begin within 3\u20136 months, pending approvals.<\/li>\n<li>The project will cater to the growing demand for premium office spaces in the western suburbs.<\/li>\n<\/ul>\n<h3>9. Global Capability Centres (GCCs) to Drive 40% of Office Space Demand by FY27<\/h3>\n<ul>\n<li>GCCs will account for 38\u201340% of total leasing demand in six key cities \u2014 Bengaluru, Chennai, Delhi-NCR, Hyderabad, MMR, and Pune.<\/li>\n<li>The number of GCCs is projected to rise from 1,700 to over 2,500 by 2030.<\/li>\n<li>The segment will generate $100 billion+ in revenue and expand workforce capacity by 1.5\u20132x.<\/li>\n<li>Several states are introducing incentives and infrastructure support to attract more GCC investments.<\/li>\n<\/ul>\n<h3>10. MHADA to Sell Luxury Apartments Worth \u20b97 Cr+ in South Mumbai<\/h3>\n<ul>\n<li>Built by Shapoorji Pallonji Group, Crescent Tower is reserved for High-Income Group (HIG) buyers.<\/li>\n<li>The developer is selling the most expensive unit, a 3BHK on the 19th floor, for \u20b97.58 crore, including staff quarters.<\/li>\n<li>After two failed lotteries, MHADA opted to sell the units directly instead of the traditional draw system.<\/li>\n<li>The initiative targets end-users seeking ready luxury housing in South Mumbai.<\/li>\n<\/ul>\n<h3>Conclusion<\/h3>\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<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<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-68ca653e-f3dc-832e-8477-0b6a046f0363-111\" data-testid=\"conversation-turn-264\" data-scroll-anchor=\"true\" data-turn=\"assistant\">\n<div class=\"text-base my-auto mx-auto pb-10 [--thread-content-margin:--spacing(4)] thread-sm:[--thread-content-margin:--spacing(6)] thread-lg:[--thread-content-margin:--spacing(16)] px-(--thread-content-margin)\">\n<div class=\"[--thread-content-max-width:40rem] thread-lg:[--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=\"8f862158-b98f-4dce-b92e-ff540a50a3f2\" data-message-model-slug=\"gpt-5\">\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=\"1112\" data-end=\"1621\">This week in Indian real estate showcased a mix of luxury, scale, and strategic expansion. From Neil Nitin Mukesh and Ranjan Pai\u2019s multi-crore acquisitions to M3M India\u2019s partnership with Jacob &amp; Co. and Prestige Group\u2019s new project in Mira Road \u2014 the sector continues to see strong investor and developer activity. With global firms like GCCs driving office demand and new launches across major metros, India\u2019s property market is showing steady momentum across residential, commercial, and luxury segments.<\/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<\/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 Neil Nitin Mukesh\u2019s \u20b911 cr home to M3M\u2019s \u20b92,100 cr project \u2014 here are this week\u2019s biggest real estate moves across India. 1. Neil Nitin Mukesh and Father Nitin Mukesh Buy \u20b911 Cr Apartment in Mumbai\u2019s Lower Parel The property is located in World One, one of Mumbai\u2019s most iconic skyscrapers developed by Lodha [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1708,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[99],"tags":[],"class_list":["post-1704","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>Neil Nitin Mukesh, Ranjan Pai, M3M lead big real estate moves - Simplease Insights<\/title>\n<meta name=\"description\" content=\"From Neil Nitin Mukesh\u2019s \u20b911 cr home to M3M\u2019s \u20b92,100 cr project \u2014 here are this week\u2019s biggest real estate moves across India.\" \/>\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=1704\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Neil Nitin Mukesh, Ranjan Pai, M3M lead big real estate moves - Simplease Insights\" \/>\n<meta property=\"og:description\" content=\"From Neil Nitin Mukesh\u2019s \u20b911 cr home to M3M\u2019s \u20b92,100 cr project \u2014 here are this week\u2019s biggest real estate moves across India.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/simplease.in\/blog\/?p=1704\" \/>\n<meta property=\"og:site_name\" content=\"Simplease Insights\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-22T10:54:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-22T10:59:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/simplease.in\/blog\/wp-content\/uploads\/2025\/10\/BLOG-IMAGE-16.png\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"blogs admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"blogs admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/simplease.in\/blog\/?p=1704\",\"url\":\"https:\/\/simplease.in\/blog\/?p=1704\",\"name\":\"Neil Nitin Mukesh, Ranjan Pai, M3M lead big real estate moves - Simplease Insights\",\"isPartOf\":{\"@id\":\"https:\/\/simplease.in\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/simplease.in\/blog\/?p=1704#primaryimage\"},\"image\":{\"@id\":\"https:\/\/simplease.in\/blog\/?p=1704#primaryimage\"},\"thumbnailUrl\":\"https:\/\/simplease.in\/blog\/wp-content\/uploads\/2025\/10\/BLOG-IMAGE-16.png\",\"datePublished\":\"2025-10-22T10:54:30+00:00\",\"dateModified\":\"2025-10-22T10:59:40+00:00\",\"author\":{\"@id\":\"https:\/\/simplease.in\/blog\/#\/schema\/person\/f88e5843fd48318ebeada591f84b95f9\"},\"description\":\"From Neil Nitin Mukesh\u2019s \u20b911 cr home to M3M\u2019s \u20b92,100 cr project \u2014 here are this week\u2019s biggest real estate moves across India.\",\"breadcrumb\":{\"@id\":\"https:\/\/simplease.in\/blog\/?p=1704#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/simplease.in\/blog\/?p=1704\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/simplease.in\/blog\/?p=1704#primaryimage\",\"url\":\"https:\/\/simplease.in\/blog\/wp-content\/uploads\/2025\/10\/BLOG-IMAGE-16.png\",\"contentUrl\":\"https:\/\/simplease.in\/blog\/wp-content\/uploads\/2025\/10\/BLOG-IMAGE-16.png\",\"width\":600,\"height\":400,\"caption\":\"Neil Nitin Mukesh\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/simplease.in\/blog\/?p=1704#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/simplease.in\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Neil Nitin Mukesh, Ranjan Pai, M3M lead big real estate moves\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/simplease.in\/blog\/#website\",\"url\":\"https:\/\/simplease.in\/blog\/\",\"name\":\"Simplease Insights\",\"description\":\"Real Estate Made Simple &amp; 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