{"id":18965,"date":"2025-03-01T08:45:58","date_gmt":"2025-03-01T08:45:58","guid":{"rendered":"https:\/\/www.homebazaar.com\/knowledge\/?p=18965"},"modified":"2025-03-01T08:47:44","modified_gmt":"2025-03-01T08:47:44","slug":"mumbai-real-estate","status":"publish","type":"post","link":"https:\/\/www.homebazaar.com\/knowledge\/mumbai-real-estate\/","title":{"rendered":"Mumbai Real Estate 2025: 10% Price Growth In The Last Year"},"content":{"rendered":"<h6>Disclaimer:<br \/>\nWith 11+ years of experience &amp; expertise in the real estate industry, Homebazaar provides end-to-end property-buying solutions. Hundreds of 100% verified RERA-registered residential &amp; commercial properties are listed on our website. We provide facilities like Zero brokerage, 360\u00b0 virtual street view, effortless site visit services, end-to-end property buying agreements &amp; documentation guidance and low-interest home loan assistance. This helped us gain the trust of 55,000+ clients across India &amp; sold 6,500+ homes of top reputed developers.<\/h6>\n<h2><b>Dynamic Landscape Of Mumbai Real Estate<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Mumbai is the most active residential market in India, followed by Hyderabad in 2024. The financial status and impeccable infrastructure of Mumbai make it a preferential destination for homebuyers and investors alike.<\/span><\/p>\n<p><span style=\"font-weight: 400\">With ongoing developments and increasing demand, Mumbai will surpass the overall sales of 2024 by the end of 2025. Since the inauguration of the Coastal Road and metro line between SEEPZ and BKC, the demand for property and rental values has deliberately increased in the surrounding areas.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Infrastructure developments and ongoing swift redevelopments are positively impacting price and rental growth in MMR and its suburban areas. The rental value has also increased by 5% in 2024. Mumbai real estate market continues on an upward trend due to the demand for high-end homes with advanced facilities in the sublime location.<\/span><\/p>\n<h2><b>Property Rates In Mumbai Real Estate\u00a0<\/b><\/h2>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-18966 size-full\" src=\"https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2025\/03\/01081552\/Property-Rates-In-Mumbai-Real-Estate-.webp\" alt=\"Property Rates In Mumbai Real Estate \" width=\"810\" height=\"391\" srcset=\"https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2025\/03\/01081552\/Property-Rates-In-Mumbai-Real-Estate-.webp 810w, https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2025\/03\/01081552\/Property-Rates-In-Mumbai-Real-Estate--300x145.webp 300w, https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2025\/03\/01081552\/Property-Rates-In-Mumbai-Real-Estate--768x371.webp 768w, https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2025\/03\/01081552\/Property-Rates-In-Mumbai-Real-Estate--750x362.webp 750w\" sizes=\"(max-width: 810px) 100vw, 810px\" \/>Mumbai experienced a <b>10% YoY price increase<\/b> for under-construction projects. It also saw a <b>1% price growth<\/b> for completed properties at the end of 2024. The properties in Central Suburbs and Western Suburbs accounted for a <b>13% price growth<\/b> in 2024.<\/p>\n<p><span style=\"font-weight: 400\">It was due to the gradual demand for ultra-spacious homes in Central and Western Suburbs. Proximity to metro lines and sea links also uplifted property prices. Infrastructure-driven demand is leading to persistent sales despite property price hikes.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">To meet homebuyers\u2019 preferences, developers are also launching high-end properties in prime micro markets of Mumbai. The property launches of the \u20b9 2 crore segment increased from <\/span><b>8%<\/b><span style=\"font-weight: 400\"> in 2018 to <\/span><b>18%<\/b><span style=\"font-weight: 400\"> in 2024, as stated in <\/span><a href=\"https:\/\/content.knightfrank.com\/research\/2952\/documents\/en\/india-real-estate-office-and-residential-market-h2-2024-11800.pdf\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400\">Knight Frank Indian Real Estate H2 Report<\/span><\/a><span style=\"font-weight: 400\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Properties above <\/span><b>\u20b9 1 crore<\/b><span style=\"font-weight: 400\"> dominated the Mumbai real estate market in H2 2024. People are willing to pay more for a larger space and modern amenities within their residential premises. The launch of properties under \u20b9 50 Lakhs declined, owing to a limited supply of affordable segments and rising demand for mid-range and high-segment properties.\u00a0<\/span><\/p>\n<p><strong>Also read:<\/strong> <a href=\"https:\/\/www.homebazaar.com\/knowledge\/flat-price-in-mumbai\/\">Flat prices in Mumbai<\/a><\/p>\n<p><strong>Note:<\/strong><br \/>\n<em><a href=\"https:\/\/www.homebazaar.com\/\">Homebazaar<\/a> serves homebuyers searching for flats in Mumbai with end-to-end services like site visits, and lower-interest home loans to property registration guidance. We provide the best price options &amp; offers for 1 to 4 BHK RERA-registered flats, villas &amp; penthouse <a href=\"https:\/\/www.homebazaar.com\/under-construction-projects-in-mumbai\">properties in Mumbai<\/a>. To begin a smooth homebuying journey with us, fill out the form mentioned below or on the right side.<\/em><\/p>\n<h2><b>Luxury Segments On Demand In Mumbai Real Estate<\/b><\/h2>\n<p><img decoding=\"async\" class=\"alignnone wp-image-18967 size-full\" src=\"https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2025\/03\/01081641\/Luxury-Segments-On-Demand-In-Mumbai-Real-Estate.webp\" alt=\"Luxury Segments On Demand In Mumbai Real Estate\" width=\"810\" height=\"391\" srcset=\"https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2025\/03\/01081641\/Luxury-Segments-On-Demand-In-Mumbai-Real-Estate.webp 810w, https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2025\/03\/01081641\/Luxury-Segments-On-Demand-In-Mumbai-Real-Estate-300x145.webp 300w, https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2025\/03\/01081641\/Luxury-Segments-On-Demand-In-Mumbai-Real-Estate-768x371.webp 768w, https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2025\/03\/01081641\/Luxury-Segments-On-Demand-In-Mumbai-Real-Estate-750x362.webp 750w\" sizes=\"(max-width: 810px) 100vw, 810px\" \/>The demand for mid-segment and luxury properties in Mumbai is persistently growing. The stronger buyer sentiment and need for palatial spaces are stimulating the sales of luxury segments. The demand for less than 50 lakhs of property is gradually declining.<\/p>\n<p><span style=\"font-weight: 400\">Top developers in the Mumbai Metropolitan Region are also focusing on the launch of high-end segments. Despite rising property prices in Mumbai real estate, homebuyers are willing to pay handsomely for bigger and more advanced spaces.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Paired with sound infrastructural progress, the rising income levels and promising economic conditions are allowing homebuyers to leverage various housing opportunities. The Central Suburbs and Thane are leading in this segment. Homebuyers prefer spacious properties in these micro markets, which are relatively affordable than those in South Mumbai.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The rising affluence and customers\u2019 preferences for more space with advanced amenities will further fuel the demand for high-end properties. For this, they are also exploring the markets beyond Thane and Navi Mumbai for ultra-spacious homes and peaceful surroundings.\u00a0<\/span><\/p>\n<p><strong>Also read:<\/strong> <a href=\"https:\/\/www.homebazaar.com\/knowledge\/mumbai-vs-pune-city-real-estate\/\">Mumbai vs Pune City &#8211; Where To Invest<\/a><\/p>\n<h2><b>Popular Micro Markets In Mumbai Real Estate<\/b><\/h2>\n<p><img decoding=\"async\" class=\"alignnone wp-image-18968 size-full\" src=\"https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2025\/03\/01081720\/Popular-Micro-Markets-In-Mumbai-Real-Estate.webp\" alt=\"Popular Micro Markets In Mumbai Real Estate\" width=\"810\" height=\"391\" srcset=\"https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2025\/03\/01081720\/Popular-Micro-Markets-In-Mumbai-Real-Estate.webp 810w, https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2025\/03\/01081720\/Popular-Micro-Markets-In-Mumbai-Real-Estate-300x145.webp 300w, https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2025\/03\/01081720\/Popular-Micro-Markets-In-Mumbai-Real-Estate-768x371.webp 768w, https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2025\/03\/01081720\/Popular-Micro-Markets-In-Mumbai-Real-Estate-750x362.webp 750w\" sizes=\"(max-width: 810px) 100vw, 810px\" \/>Major micro markets in Mumbai saw unprecedented growth in launches and sales. The properties in these regions were also on an upward trajectory. Central Suburbs and Peripheral Central Suburbs have been on the centre stage throughout the year.<\/p>\n<p><span style=\"font-weight: 400\">H1 saw a major growth in property launches and sales in the Western Suburbs. The region close to the metro network and Western Express Highway attracted young professionals looking for a rental property. The convenience of robust infrastructure, proximity to commercial hubs, and quick connectivity have led to substantial growth in property prices and rental values.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Thane and its peripherals are also gaining prominence among families and millennials. They opt for larger homes, sustainable gated communities, and peaceful surroundings. Rather than in South Mumbai and prime micro markets of Western and Central Suburbs. Homebuyers prefer properties in Thane, Navi Mumbai, and beyond.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">As per<\/span><a href=\"https:\/\/pdf.savills.asia\/asia-pacific-research\/india-research\/mumbai-residential-market-watch-year-end-2024.pdf\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400\"> Savills Mumbai Residential Market Year End Report<\/span><\/a><span style=\"font-weight: 400\">, rental values are anticipated to further increase by <\/span><b>2% YoY <\/b><span style=\"font-weight: 400\">in 2025. Since the MTHL has been operational, the property prices in Chembur, Wadala, Ulwe, Dronagiri, and Panvel have skyrocketed.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">People residing in Western Suburbs such as Malad, Khar, Borivali, and Andheri are looking to lease properties in Central Suburbs and its peripherals for larger homes and affordability than in South Mumbai.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The property prices in Ulwe have gone beyond <\/span><b>\u20b9 13,000 per sq. ft. <\/b><span style=\"font-weight: 400\">as compared to <\/span><b>\u20b9 6,500 sq. ft. <\/b><span style=\"font-weight: 400\">in 2015. The airport is set to be operational by April 2025, anticipating lucrative growth in property prices and sales in Ulwe, Sanpada, Vashi, Panvel, and beyond areas.\u00a0<\/span><\/p>\n<p><strong>Also read:<\/strong> <a href=\"https:\/\/www.homebazaar.com\/knowledge\/apartments-in-navi-mumbai\/\">Best Apartments In Navi Mumbai<\/a><\/p>\n<h2><b>Infrastructure Fueling The Growth Of Mumbai Real Estate<\/b><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-18969 size-full\" src=\"https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2025\/03\/01081807\/Infrastructure-Fueling-The-Growth-Of-Mumbai-Real-Estate.webp\" alt=\"Infrastructure Fueling The Growth Of Mumbai Real Estate\" width=\"810\" height=\"391\" srcset=\"https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2025\/03\/01081807\/Infrastructure-Fueling-The-Growth-Of-Mumbai-Real-Estate.webp 810w, https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2025\/03\/01081807\/Infrastructure-Fueling-The-Growth-Of-Mumbai-Real-Estate-300x145.webp 300w, https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2025\/03\/01081807\/Infrastructure-Fueling-The-Growth-Of-Mumbai-Real-Estate-768x371.webp 768w, https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2025\/03\/01081807\/Infrastructure-Fueling-The-Growth-Of-Mumbai-Real-Estate-750x362.webp 750w\" sizes=\"(max-width: 810px) 100vw, 810px\" \/>Infrastructure is playing a pivotal role in accelerating the growth of Mumbai real estate. Ambitious current and ongoing infrastructure along with an excellent connectivity network have once again positioned Mumbai as the leading residential destination<\/p>\n<p><span style=\"font-weight: 400\">The opening of Phase 1 of Coastal Road and Mumbai Metro Line 3 led to increasing rental demands in their peripheral areas. Improving infrastructure has made regions of Central Suburbs attractive investment destinations<\/span><\/p>\n<p><span style=\"font-weight: 400\">Since the Atal Setu began its service for commuters, the property prices in Navi Mumbai have skyrocketed. The announcement of the upcoming Navi Mumbai International Airport has already transformed Navi Mumbai and Panvel&#8217;s real estate landscape.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The suburban railway network has been the lifeline of Mumbai. It is the primary source of commuting for the workforce across the city. Along with this, now the Mumbai Metro is serving the purpose. The social infrastructure, recreational avenues, and accessible employment opportunities are driving the property demand in MMR.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Hence, localities near the metro and railway stations have experienced huge traction in the last decade. The Central Suburbs, Western Suburbs, and Navi Mumbai are mostly preferred by the middle-class and upper middle-class individuals due to the significant presence of commercial landmarks and excellent connectivity in these regions.\u00a0<\/span><\/p>\n<p><strong>Also read:<\/strong> <a href=\"https:\/\/www.homebazaar.com\/knowledge\/top-projects-near-mthl-to-invest\/\">Top projects to invest near the MTHL<\/a><\/p>\n<h2><b>Developers In Mumbai Real Estate<\/b><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-18970 size-full\" src=\"https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2025\/03\/01081852\/Developers-In-Mumbai-Real-Estate.webp\" alt=\"Real Estate Developers In Mumbai Real Estate\" width=\"810\" height=\"391\" srcset=\"https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2025\/03\/01081852\/Developers-In-Mumbai-Real-Estate.webp 810w, https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2025\/03\/01081852\/Developers-In-Mumbai-Real-Estate-300x145.webp 300w, https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2025\/03\/01081852\/Developers-In-Mumbai-Real-Estate-768x371.webp 768w, https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2025\/03\/01081852\/Developers-In-Mumbai-Real-Estate-750x362.webp 750w\" sizes=\"(max-width: 810px) 100vw, 810px\" \/>Mumbai Real Estate is evolving along with the dynamic aspirations and preferences of homebuyers. Developers are also capitalising on the ongoing infrastructural upheaval and rising demand for premium and luxury properties. The Mumbai real estate market is led by some of the best-in-class and trusted developers in India. Some of them are mentioned below.<\/p>\n<p><b>Lodha Group<\/b><\/p>\n<p><a href=\"https:\/\/www.homebazaar.com\/builders\/lodha-group\"><span style=\"font-weight: 400\">Lodha Group<\/span><\/a><span style=\"font-weight: 400\"> is a well-known developer in Mumbai with 44+ years of experience. The residential and commercial projects by Lodha reflect its adherence to astounding quality, sustainability, and top-notch governance. Below are the top projects by <a href=\"https:\/\/www.homebazaar.com\/knowledge\/lodha-group-reviews\/\">Lodha Group<\/a>.\u00a0<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/www.homebazaar.com\/lodha-bellevue-mahalaxmi-6137\"><span style=\"font-weight: 400\">Lodha Bellevue<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/lodha-palava-dombivali-171\"><span style=\"font-weight: 400\">Lodha Palava<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/lodha-kharadi-kharadi-6421\"><span style=\"font-weight: 400\">Lodha Kharadi<\/span><\/a><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.homebazaar.com\/lodha-woods-kandivali-4370\"><span style=\"font-weight: 400\">Lodha Woods<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/lodha-evergreen-vikhroli-6256\"><span style=\"font-weight: 400\">Lodha Evergreen\u00a0<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/lodha-azur-hulimavu-7448\"><span style=\"font-weight: 400\">Lodha Azur<\/span><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>Godrej Properties<\/b><\/p>\n<p><a href=\"https:\/\/www.homebazaar.com\/builders\/godrej-properties\"><span style=\"font-weight: 400\">Godrej Properties<\/span><\/a><span style=\"font-weight: 400\"> is one of the most credible developers in India. It has a total of 102 ongoing and upcoming projects across various locations in the country. Since its inception in 1990, Godrej Properties has expanded its portfolio into residential, commercial, retail, industrial, etc.\u00a0 Below are the top projects by <a href=\"https:\/\/www.homebazaar.com\/knowledge\/godrej-properties-review\/\">Godrej Properties<\/a>.<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/www.homebazaar.com\/godrej-meridien-prive-sector-106-gurgaon-548\"><span style=\"font-weight: 400\">Godrej Meridien Prive<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/godrej-avenue-11-mahalaxmi-7180\"><span style=\"font-weight: 400\">Godrej Avenue 11<\/span><\/a><span style=\"font-weight: 400\">\u00a0<\/span><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/godrej-tropical-isle-sector-146-7146\"><span style=\"font-weight: 400\">Godrej Tropical Isle<\/span><\/a><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.homebazaar.com\/godrej-elevate-krishnarajapura-6914\"><span style=\"font-weight: 400\">Godrej Elevate<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/godrej-rivercrest-kharadi-7685\"><span style=\"font-weight: 400\">Godrej Rivercrest<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/godrej-golf-side-estate-panvel-7400\"><span style=\"font-weight: 400\">Godrej Golfside Estate<\/span><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>Runwal Group<\/b><\/p>\n<p><span style=\"font-weight: 400\">Founded in 1978, <\/span><a href=\"https:\/\/www.homebazaar.com\/builders\/runwal-group\"><span style=\"font-weight: 400\">Runwal Group<\/span><\/a><span style=\"font-weight: 400\"> is one of the leading developers in MMR. Over the 4 decades, it has a successful portfolio of 65+ projects and served 35,000+ families in buying new homes. Runwal has transformed the landscape of Mumbai with its residential, commercial, and retail properties. Below are the top projects by Runwal Group.<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/www.homebazaar.com\/runwal-mahalaxmi-mahalaxmi-7700\"><span style=\"font-weight: 400\">Runwal Mahalaxmi<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/runwal-pinnacle-mulund-263\"><span style=\"font-weight: 400\">Runwal Pinnacle<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/runwal-forest-kanjurmarg-265\"><span style=\"font-weight: 400\">Runwal Forest<\/span><\/a><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.homebazaar.com\/runwal-lands-end-thane-7426\"><span style=\"font-weight: 400\">Runwal Lands End<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/runwal-upper-crest-wadala-5540\"><span style=\"font-weight: 400\">Runwal Upper Crest<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/runwal-codename-rare-andheri-5822\"><span style=\"font-weight: 400\">Runwal Codename Rare<\/span><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>Piramal Realty\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400\">The real estate of the renowned Piramal Group, <\/span><a href=\"https:\/\/www.homebazaar.c\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400\">Piramal Realty<\/span><\/a><span style=\"font-weight: 400\"> has always aimed to deliver gold-standard properties with impeccable architecture, safety, and uncompromising quality. It has 13 million sq. ft. of land under development. Below are the top projects by Piramal Realty.<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/www.homebazaar.com\/piramal-revanta-mulund-258\"><span style=\"font-weight: 400\">Piramal Revanta<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/piramal-aranya-byculla-278\"><span style=\"font-weight: 400\">Piramal Aranya<\/span><\/a><span style=\"font-weight: 400\">\u00a0<\/span><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/piramal-mahalaxmi-mahalaxmi-281\"><span style=\"font-weight: 400\">Piramal Mahalaxmi<\/span><\/a><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.homebazaar.com\/piramal-vaikunth-cluster-2-thane-3488\"><span style=\"font-weight: 400\">Piramal Vaikunth Cluster 2<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/piramal-raynav-mulund-7459\"><span style=\"font-weight: 400\">Piramal Raynav<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/piramal-arav-byculla-3580\"><span style=\"font-weight: 400\">Piramal Arav<\/span><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>Kalpataru<\/b><\/p>\n<p><span style=\"font-weight: 400\">With its 55+ years of legacy in the real estate industry, <\/span><a href=\"https:\/\/www.homebazaar.com\/builders\/kalpataru-group\"><span style=\"font-weight: 400\">Kalpataru Group<\/span><\/a><span style=\"font-weight: 400\"> has excelled in developing exquisite residential elevations, townships, communities, and commercial spaces. It has around 110+ landmark projects and 19,000+ happy families in its portfolio. Below are the top projects by Kalpataru Group.<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/www.homebazaar.com\/kalpataru-park-riviera-panvel-1817\"><span style=\"font-weight: 400\">Kalpataru Park Riviera<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/kalpataru-avante-erragadda-7335\"><span style=\"font-weight: 400\">Kalpataru Avante<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/kalpataru-vista-sector-128-2304\"><span style=\"font-weight: 400\">Kalpataru Vista<\/span><\/a><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.homebazaar.com\/kalpataru-paramount-thane-198\"><span style=\"font-weight: 400\">Kalpataru Paramount<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/kalpataru-elitus-mulund-268\"><span style=\"font-weight: 400\">Kalpataru Elitus<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/kalpataru-oceana-prabhadevi-7048\"><span style=\"font-weight: 400\">Kalpataru Oceana<\/span><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>K &#8211; Raheja Corp<\/b><\/p>\n<p><a href=\"https:\/\/www.homebazaar.com\/builders\/k-raheja-corp\"><span style=\"font-weight: 400\">K &#8211; Raheja Corp<\/span><\/a><span style=\"font-weight: 400\"> is one of the leading real estate conglomerates in India. With the expertise spanning over four decades, K Raheja Corp has a diversified portfolio in residential, office, retail, hospitality, power, and malls. They create high-quality properties that are innovative, functional, and environmentally responsible. Below are the top projects by K Raheja Corp.\u00a0<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/www.homebazaar.com\/raheja-vivarea-mahalaxmi-1534\"><span style=\"font-weight: 400\">Raheja Vivarea<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/k-raheja-estrella-viva-pirangut-3744\"><span style=\"font-weight: 400\">K Raheja Estrella Viva<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/k-raheja-amaltis-sion-7449\"><span style=\"font-weight: 400\">Raheja Amaltis<\/span><\/a><span style=\"font-weight: 400\">\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.homebazaar.com\/k-raheja-antares-kanjurmarg-7713\"><span style=\"font-weight: 400\">Raheja Antares<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/raheja-vistas-elite-nacharam-7339\"><span style=\"font-weight: 400\">Raheja Vistas Elite<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/raheja-stellar-undri-6420\"><span style=\"font-weight: 400\">Raheja Stellar<\/span><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>Rustomjee<\/b><\/p>\n<p><a href=\"https:\/\/www.homebazaar.com\/builders\/rustomjee-group\"><span style=\"font-weight: 400\">Rustomjee<\/span><\/a><span style=\"font-weight: 400\"> is a prominent real estate developer in India. It has a reputation for developing spacious and luxurious properties with fantastic architecture. With 25 million sq. ft. and 2 townships delivered, it currently has 43,000+ million sq. ft. in the pipeline. Rustomjee also builds commercial properties. Below are the top projects by Rustomjee Group.\u00a0<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/www.homebazaar.com\/rustomjee-urbania-thane-187\"><span style=\"font-weight: 400\">Rustomjee Urbania<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/rustomjee-bandstand-bandra-7673\"><span style=\"font-weight: 400\">Rustomjee Bandstand<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/rustomjee-crown-prabhadevi-275\"><span style=\"font-weight: 400\">Rustomjee Crown<\/span><\/a><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.homebazaar.com\/rustomjee-ocean-vista-andheri-7637\"><span style=\"font-weight: 400\">Rustomjee Ocean Vista<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/rustomjee-180-bayview-matunga-7472\"><span style=\"font-weight: 400\">Rustomjee 180 Bayview<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/rustomjee-bella-bhandup-3032\"><span style=\"font-weight: 400\">Rustomjee Bella<\/span><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>Shapoorji Pallonji<\/b><\/p>\n<p><a href=\"https:\/\/www.homebazaar.com\/builders\/shapoorji-pallonji\"><span style=\"font-weight: 400\">Shapoorji Pallonji<\/span><\/a><span style=\"font-weight: 400\"> is a highly reputed real estate developer, driving the residential market since the 1970s. Innovative design, flawless execution, and exceptional quality are at the core of every project developed by them. Around 19 million sq.ft. is delivered across residential and commercial properties in India. Below are the top projects by Shapoorji Pallonji.<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/www.homebazaar.com\/shapoorji-pallonji-signia-hinjewadi-5988\"><span style=\"font-weight: 400\">Shapooji Pallonji Signia<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/shapoorji-the-odyssey-marine-drive-7485\"><span style=\"font-weight: 400\">Shapoorji The Odyssey<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/shapoorji-bkc-9-bandra-7393\"><span style=\"font-weight: 400\">Shapoorji BKC 9\u00a0<\/span><\/a><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.homebazaar.com\/shapoorji-pallonji-parkwest-binny-pete-5738\"><span style=\"font-weight: 400\">Shapoorji Pallonji Parkwest<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/shapoorji-pallonji-skyraa-thane-5722\"><span style=\"font-weight: 400\">Shapoorji Pallonji Skyraa<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/shapoorji-palm-springs-virar-4792\"><span style=\"font-weight: 400\">Shapoorji Palm Springs<\/span><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>Hiranandani<\/b><\/p>\n<p><a href=\"https:\/\/www.homebazaar.com\/builders\/hiranandani-group\"><span style=\"font-weight: 400\">Hiranandani<\/span><\/a><span style=\"font-weight: 400\"> has pioneered in redefining the landscapes of major areas in Mumbai. Hiranandani Group has incredibly transformed the underestimated Powai with its aesthetic architecture and undeterred ambition. Since 1978, it has expanded its profile across residential, commercial, hospitality, healthcare, retail, and education. Below are the top projects by Hiranandani Group.\u00a0<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/www.homebazaar.com\/hiranandani-empress-hill-powai-7197\"><span style=\"font-weight: 400\">Hiranandani Empress<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/hiranandani-vista-residence-jogeshwari-7375\"><span style=\"font-weight: 400\">Hiranandani Vista Residence<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/hiranandani-lake-enclave-thane-185\"><span style=\"font-weight: 400\">Hiranandani Lake Enclave<\/span><\/a><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.homebazaar.com\/hiranandani-verona-thalambur-7012\"><span style=\"font-weight: 400\">Hiranandani Velambar<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/hiranandani-business-park-thane-thane-3837\"><span style=\"font-weight: 400\">Hiranandani Business Park<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/hiranandani-golden-willows-panvel-7003\"><span style=\"font-weight: 400\">Hiranandani Golden Willows<\/span><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>L &amp;T Realty<\/b><\/p>\n<p><a href=\"https:\/\/www.homebazaar.com\/builders\/l-and-t-realty\"><span style=\"font-weight: 400\">L &amp; T Realty<\/span><\/a><span style=\"font-weight: 400\"> is a real estate subsidiary of Larsen and Toubro. It is one of the leading developers in India with a profile spanning 70 million sq.ft. of development in Mumbai, Navi Mumbai, Bangalore, Chennai, Hyderabad, and NCR. The projects delivered by L &amp; T Realty reflect architectural excellence and high-standard execution. Below are the top projects by L &amp; T Realty.<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/www.homebazaar.com\/l-and-t-elixir-reserve-powai-5752\"><span style=\"font-weight: 400\">L &amp; T Elixir Reserve<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/l-and-t-the-gateway-sewri-7399\"><span style=\"font-weight: 400\">L &amp; T The Gateway<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/l-and-t-seawoods-west-square-seawoods-6524\"><span style=\"font-weight: 400\">L&amp;T Seawoods West Square<\/span><\/a><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.homebazaar.com\/l-and-t-evara-heights-thane-7625\"><span style=\"font-weight: 400\">L &amp; T Evara Heights<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/lnt-island-cove-mahim-7397\"><span style=\"font-weight: 400\">L &amp; T Island Cove<\/span><\/a><\/td>\n<td><a href=\"https:\/\/www.homebazaar.com\/l-and-t-raintree-olivia-hebbal-6990\"><span style=\"font-weight: 400\">L &amp; T Raintree Olivia<\/span><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><b>Expanding Office Sector In Mumbai Real Estate<\/b><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-18971 size-full\" src=\"https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2025\/03\/01082014\/Expanding-Office-Sector-In-Mumbai-Real-Estate.webp\" alt=\"Expanding Office Sector In Mumbai Real Estate\" width=\"810\" height=\"391\" srcset=\"https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2025\/03\/01082014\/Expanding-Office-Sector-In-Mumbai-Real-Estate.webp 810w, https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2025\/03\/01082014\/Expanding-Office-Sector-In-Mumbai-Real-Estate-300x145.webp 300w, https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2025\/03\/01082014\/Expanding-Office-Sector-In-Mumbai-Real-Estate-768x371.webp 768w, https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2025\/03\/01082014\/Expanding-Office-Sector-In-Mumbai-Real-Estate-750x362.webp 750w\" sizes=\"(max-width: 810px) 100vw, 810px\" \/>The commercial market in Mumbai maintained its momentum with a<b> 40% YoY <\/b>increase in leasing volumes in 2024. This was the record growth in the Mumbai office market for a decade. The Secondary Business District (SBD) comprising Kanjurmarg, Ghatkopar, Central Kurla, Vikhroli, Powai, Chembur, Bhandup, and Peripheral Business District (PBD) comprising Thane, Vashi, Ghansoli, Airoli, Belapur, Rabale, contributed to nearly half of the total transactions in 2024.<\/p>\n<p><span style=\"font-weight: 400\">This growth was led by the BFSI sector, tech firms, and flexible workspaces. Banking, financial services, and insurance companies are the key contributors to the Mumbai office market. The share of flex workspaces expanded to 15% in the Mumbai office market, driven by the growing popularity and need for hybrid work models.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The Mumbai office market also experienced a significant growth in rental values. The growth was 2% &#8211; 2.1% QoQ and 7% &#8211; 8% YoY basis in 2024. The office submarkets in Lower Parel and on Thane Belapur Road had the highest quarterly rental growth of 4% &#8211; 5%.\u00a0<\/span><\/p>\n<h2><b>Which are the top projects to buy property in Mumbai?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">There are several top projects to buy property in Mumbai that assure a lucrative return on investment. Some of them are Lodha Bellevue, Godrej Avenue 11, L &amp; T The Gateway, Runwal Pinnacle, Rustomjee Ocean Vista, Hiranandani Fortune City, etc.\u00a0<\/span><\/p>\n<h2><b>Which are the latest properties for sale in Mumbai?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">The latest properties for sale in Mumbai are Rustomjee Crown, Rustomjee Urbania, Piramal Revanta, Raheja Vivarea, Lodha Palava, Godrej Golfside Estate, Shapoorji The Odyssey, Kalpataru Oceana, L &amp; T The Gateway, etc.\u00a0<\/span><\/p>\n<h2><b>What is the future of the real estate market in Mumbai?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">The future of the real estate market in Mumbai is optimistic. The infrastructure upheaval and the need for larger homes are accelerating the demand for properties in Mumbai and its suburbs. The sales in Mumbai increased by 11% in 2024 and are expected to surpass this sales record in 2025. The rental values will continue to rise with developing infrastructure and metro lines.\u00a0<\/span><\/p>\n<h2><b>Which are the Grade A real estate developers in Mumbai?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Mumbai real estate market is burgeoning with the exceptional projects of Grade A developers in the city. Some of the top names include Shapoorji Pallonji, Rustomjee, Godrej Properties, Lodha, K Raheja Corp, Kalpataru, Dosti Realty, Piramal, MICL, Runwal, Hiranandani, etc.\u00a0<\/span><\/p>\n<h2><b>Are Mumbai real estate prices expected to grow in the future as well?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Mumbai real estate prices are on an upward trend owing to many factors. Its ambitious economy, commercial hubs, excellent connectivity and well-laid micro markets attract homebuyers from all over the country. The consistent demand is driving the price growth of properties in Mumbai. The rental properties are also in high demand in key suburbs due to their proximity to workplaces. Prices for luxury properties are said to increase by 4% in 2025.\u00a0<\/span><\/p>\n<h2><b>FAQs<\/b><\/h2>\n<table>\n<tbody>\n<tr>\n<td><b>Is it good to invest in Mumbai real estate?<\/b><\/p>\n<p><span style=\"font-weight: 400\">Mumbai is the most active and attractive residential market to invest in 2025. The sales and rental values in the Mumbai Metropolitan Region grew by 11% and 5% on a yearly basis in 2024. It offers a range of property options from mid-segment to ultra-luxury segments.\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Are there good options for flats priced 2 crore in Mumbai?<\/b><\/p>\n<p><span style=\"font-weight: 400\">South Mumbai and other key micro markets saw a 34% sales growth in 2 crores &#8211; 5 crores. Central Suburbs, Peripheral Central Suburbs, and Navi Mumbai offer lucrative flats pricing from \u20b9 2 crores.\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Which are the best locations for investment near Navi Mumbai International Airport?<\/b><\/p>\n<p><span style=\"font-weight: 400\">Once the Navi Mumbai International Airport begins its operation in April 2025, property prices are poised to rise. Thus, Ulwe, Dronagiri, Panvel, Palm Beach Road, and Upper Kharghar would be the best locations to invest now.\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Which are the top developers in Mumbai?<\/b><\/p>\n<p><span style=\"font-weight: 400\">Some of the top developers in Mumbai are Lodha Group, Godrej Properties, Kalpataru, Hiranandani, Shapoorji Pallonji, Rustomjee, Runwal, and Piramal.\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Which are the key markets for office investment in Mumbai?<\/b><\/p>\n<p><span style=\"font-weight: 400\">Central Suburbs and Thane Belapur Road are the key submarkets for office investment in Mumbai.\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Which are the popular projects by Hiranandani in Mumbai?<\/b><\/p>\n<p><span style=\"font-weight: 400\">Popular projects by Hiranandani in Mumbai are Hiranandani Fortune City, Hiranandani Gardens, Hiranandani Lake Enclave, Hiranandani Vista Residence, Hiranandani Empress, etc.\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>How is the rental growth in Mumbai?<\/b><\/p>\n<p><span style=\"font-weight: 400\">Mumbai witnessed a 5% YOY rental growth in 2024. The beginning of commuting on Coastal Road and Mumbai Metro Line 3 Phase 1 increased rental values in the peripheral regions.\u00a0<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Disclaimer: With 11+ years of experience &amp; expertise in the real estate industry, Homebazaar provides end-to-end property-buying solutions. Hundreds of 100% verified RERA-registered residential &amp; commercial properties are listed on our website. We provide facilities like Zero brokerage, 360\u00b0 virtual street view, effortless site visit services, end-to-end property buying agreements &amp; documentation guidance and low-interest [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":18973,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[269,244,11,13,8,1],"tags":[3518,3410,2408,2407,491],"class_list":["post-18965","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-editorial","category-mumbai","category-navi-mumbai","category-news-articles","category-pan-india","tag-lodha-palava","tag-mthl-atal-setu","tag-mumbai-coastal-road","tag-mumbai-metro","tag-real-estate-in-mumbai"],"_links":{"self":[{"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/posts\/18965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/comments?post=18965"}],"version-history":[{"count":6,"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/posts\/18965\/revisions"}],"predecessor-version":[{"id":18978,"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/posts\/18965\/revisions\/18978"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/media\/18973"}],"wp:attachment":[{"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/media?parent=18965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/categories?post=18965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/tags?post=18965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}