<h2>BDA Enters Luxury Segment with 1,485 High-End Flats in Bengaluru</h2>
<p>A Bold Shift for Bengaluru’s Housing Authority</p>
<p>The <a href="https://kbda.karnataka.gov.in/" target="_blank">Bangalore Development Authority</a> (BDA) is making a transformative leap into the premium real estate market, stepping beyond its traditional focus on affordable housing. In a move set to redefine its public image, BDA will offer high-end residential flats featuring terrace swimming pools, amenity-rich clubhouses, and butterfly parks—amenities usually reserved for private sector projects. This strategic pivot aligns with Deputy Chief Minister <b>D K Shivakumar’s</b> broader vision to modernize the agency and boost its appeal among discerning homebuyers.</p>
<h2>A New Era of Premium Living</h2>
<p>To realize this vision, BDA has partnered with two private firms to construct three residential projects, comprising a total of 1,485 high-end flats. These units are expected to be priced between <b>₹1 crore</b> and <b>₹1.05 crore</b>, marking a significant departure from BDA’s earlier pricing model and signaling its intent to compete directly with private developers in the luxury segment.</p>
<h2>Navigating Legal and Regulatory Hurdles</h2>
<p>However, this ambitious initiative is not without challenges. Current BDA regulations mandate that all housing schemes must cater to a mix of income groups—high, middle, and low—under self-financing models. Standalone luxury housing projects are not explicitly permitted, raising the prospect of legal scrutiny and the need for regulatory amendments to ensure compliance.</p>
<h2>Transforming BDA’s Legacy</h2>
<p>For decades, BDA has struggled with a reputation for building low-quality apartments that attracted limited buyer interest. The new premium projects, with their upscale amenities and modern design, represent a conscious effort to change this narrative and restore public trust in the authority’s ability to deliver world-class homes.</p>
<h2>Looking Ahead: A New Chapter for Bengaluru’s Housing Market</h2>
<p>If successful, BDA’s entry into the luxury segment could set a precedent for other public sector agencies nationwide, demonstrating that government-backed housing can be both aspirational and accessible. The initiative promises to bring a new level of sophistication to Bengaluru’s residential landscape, offering buyers a compelling alternative to private developments.</p>

BDA Enters Luxury Segment with 1485 HighEnd Flats in Bengaluru A Bold Shift for Bengalurus Housing Authority The Bangalore Development Authority BDA is making a transformative leap into the premium real estate market stepping beyond its traditional focus on affordable housing In a move set to redefine its public image BDA will offer highend residential flats featuring terrace swimming pools amenityrich clubhouses and butterfly parksamenities usually reserved for private sector projects This strategic pivot aligns with Deputy Chief Minister D K Shivakumars broader vision to modernize the agency and boost its appeal among discerning homebuyers A New Era of Premium Living To realize this vision BDA has partnered with two private firms to construct three residential projects comprising a total of 1485 highend flats These units are expected to be priced between 1 crore and 105 crore marking a significant departure from BDAs earlier pricing model and signaling its intent to compete directly with private developers in the luxury segment Navigating Legal and Regulatory Hurdles However this ambitious initiative is not without challenges Current BDA regulations mandate that all housing schemes must cater to a mix of income groupshigh middle and lowunder selffinancing models Standalone luxury housing projects are not explicitly permitted raising the prospect of legal scrutiny and the need for regulatory amendments to ensure compliance Transforming BDAs Legacy For decades BDA has struggled with a reputation for building lowquality apartments that attracted limited buyer interest The new premium projects with their upscale amenities and modern design represent a conscious effort to change this narrative and restore public trust in the authoritys ability to deliver worldclass homes Looking Ahead A New Chapter for Bengalurus Housing Market If successful BDAs entry into the luxury segment could set a precedent for other public sector agencies nationwide demonstrating that governmentbacked housing can be both aspirational and accessible The initiative promises to bring a new level of sophistication to Bengalurus residential landscape offering buyers a compelling alternative to private developments

BDA partners with private firms to build 1,485 luxury flats in Bengaluru, marking a shift from affordable to premium housing.

BDA Ventures into Luxury Housing with 1,485 High-End Flats

BDA Enters Luxury Segment with 1,485 High-End Flats in Bengaluru

<h2>One of India’s Most Expensive Private Residences: A Glimpse Into Billionaire Luxury</h2>
<p>India is home to some of the most extravagant private residences in the world. From billionaires to Bollywood stars, these homes are worth hundreds to thousands of crores—offering a mix of luxury, scale, and architectural brilliance. Here's a look at the most expensive private residences in India:</p>
<ul>
  <li>
<p><img src = "https://d1smx9vz40s2y3.cloudfront.net/assets/1751526444937-antilia.jpg"></p>
    <strong>Antilia – Mukesh Ambani (Altamount Road, Mumbai)</strong><br>
    Estimated Value: ₹15,000–₹17,400 Crores<br>
    Owned by Mukesh Ambani, this 27-storey skyscraper includes 3 helipads, multiple swimming pools, a snow room, a ballroom, private theater, and parking for 168 cars. It's one of the world’s priciest homes.
  </li>
  <li>
<p><img src = "https://d1smx9vz40s2y3.cloudfront.net/assets/1751526428496-jk-house.jpg"></p>
    <strong>JK House – Gautam Singhania (Breach Candy, Mumbai)</strong><br>
    Estimated Value: ₹6,000 Crores<br>
    Owned by Gautam Singhania of Raymond Group, this 40-storey tower features a helipad, luxury residences, retail space, and a wellness center—located in one of Mumbai’s most upscale areas.
  </li>
  <li>
<p><img src = "https://d1smx9vz40s2y3.cloudfront.net/assets/1751526347607-abode.jpg"></p>
    <strong>Abode – Anil Ambani (Pali Hill, Mumbai)</strong><br>
    Estimated Value: ₹5,000 Crores<br>
    Anil Ambani’s 17-storey mansion includes a helipad, private theater, luxury floors, and a ₹311 crore private jet. It's a vertical palace in Mumbai’s elite Pali Hill.
  </li>
  <li>
<p><img src = "https://d1smx9vz40s2y3.cloudfront.net/assets/1751526397228-guilita.jpg"></p>
    <strong>Gulita – Isha Ambani & Anand Piramal (Worli, Mumbai)</strong><br>
    Estimated Value: ₹818 Crores<br>
    Gifted to Isha Ambani and Anand Piramal after their wedding, Gulita features lavish interiors, sea-facing views, and multiple entertainment and family zones across several levels.
  </li>
  <li>
<p><img src = "https://d1smx9vz40s2y3.cloudfront.net/assets/1751526411521-lincoln-house.jpg"></p>
    <strong>Lincoln House – Cyrus Poonawalla (Breach Candy, Mumbai)</strong><br>
    Estimated Value: ₹750 Crores<br>
    This 2-acre heritage property, formerly the US Consulate, was purchased by Cyrus Poonawalla. Spread over 50,000 sq ft, it's one of Mumbai's most iconic and expensive real estate deals.
  </li>
  <li>
<p><img src = "https://d1smx9vz40s2y3.cloudfront.net/assets/1751526379657-mannat.jpg"></p>
    <strong>Mannat – Shah Rukh Khan (Bandra Bandstand, Mumbai)</strong><br>
    Estimated Value: ₹200–₹250 Crores<br>
    Mannat, SRK’s sea-facing mansion, is a heritage structure with six floors, personal offices, a gym, library, and luxurious living spaces. It's a fan landmark in Mumbai.
  </li>
  <li>
<p><img src = "https://d1smx9vz40s2y3.cloudfront.net/assets/1751526364780-jalsa.jpg"></p>
    <strong>Jalsa – Amitabh Bachchan (Juhu, Mumbai)</strong><br>
    Estimated Value: ₹120 Crores<br>
    Gifted to him by producer Ramesh Sippy, Jalsa is where the Bachchan family resides. The bungalow features elegant interiors and often hosts high-profile gatherings.
  </li>
  <li>
<p><img src = "https://d1smx9vz40s2y3.cloudfront.net/assets/1751526302907-halekai.jpg"></p>
    <strong>Halekai – Ratan Tata (Colaba, Mumbai)</strong><br>
    Estimated Value: ₹150 Crores<br>
    Ratan Tata’s beachfront mansion in Colaba reflects simplicity and elegance. It includes sea-view decks, multiple levels, and minimalist design—matching his reserved personality.
  </li>
  <li>
<p><img src = "https://d1smx9vz40s2y3.cloudfront.net/assets/1751526322873-leuteyns.jpg"></p>
    <strong>Naveen Jindal’s Mansion (Lutyens’ Delhi)</strong><br>
    Estimated Value: ₹120–₹150 Crores<br>
    Located in the elite Lutyens’ Bungalow Zone in Delhi, this palatial home combines classical and modern design. It's among the most expensive homes in the capital.
  </li>
</ul>

India’s Most Expensive Private Residences A Glimpse Into Billionaire Luxury India is home to some of the most extravagant private residences in the world From billionaires to Bollywood stars these homes are worth hundreds to thousands of crores offering a mix of luxury scale and architectural brilliance Heres a look at the most expensive private residences in India Antilia Mukesh Ambani Altamount Road Mumbai Estimated Value 15000 17400 Crores Owned by Mukesh Ambani this 27 storey skyscraper includes 3 helipads multiple swimming pools a snow room a ballroom private theater and parking for 168 cars Its one of the worlds priciest homes JK House Gautam Singhania Breach Candy Mumbai Estimated Value 6000 Crores Owned by Gautam Singhania of Raymond Group this 40 storey tower features a helipad luxury residences retail space and a wellness center located in one of Mumbais most upscale areas Abode Anil Ambani Pali Hill Mumbai Estimated Value 5000 Crores Anil Ambanis 17 storey mansion includes a helipad private theater luxury floors and a 311 crore private jet Its a vertical palace in Mumbais elite Pali Hill Gulita Isha Ambani Anand Piramal Worli Mumbai Estimated Value 818 Crores Gifted to Isha Ambani and Anand Piramal after their wedding Gulita features lavish interiors sea facing views and multiple entertainment and family zones across several levels Lincoln House Cyrus Poonawalla Breach Candy Mumbai Estimated Value 750 Crores This 2 acre heritage property formerly the US Consulate was purchased by Cyrus Poonawalla Spread over 50000 sq ft its one of Mumbais most iconic and expensive real estate deals Adar Abad Adar Poonawalla Pune Estimated Value 750 Crores The CEO of Serum Institute lives in this grand Pune mansion with luxury interiors sprawling lawns a private pool gym and entertainment zones Jatia House Kumar Mangalam Birla Malabar Hill Mumbai Estimated Value 425 Crores Located in South Mumbais posh Malabar Hill Jatia House spans over 30000 sq ft and features grand halls marble flooring and sea views Its owned by Aditya Birla Groups Kumar Mangalam Birla Mannat Shah Rukh Khan Bandra Bandstand Mumbai Estimated Value 200 250 Crores Mannat SRKs sea facing mansion is a heritage structure with six floors personal offices a gym library and luxurious living spaces Its a fan landmark in Mumbai Jalsa Amitabh Bachchan Juhu Mumbai Estimated Value 120 Crores Gifted to him by producer Ramesh Sippy Jalsa is where the Bachchan family resides The bungalow features elegant interiors and often hosts high profile gatherings Halekai Ratan Tata Colaba Mumbai Estimated Value 150 Crores Ratan Tatas beachfront mansion in Colaba reflects simplicity and elegance It includes sea view decks multiple levels and minimalist design matching his reserved personality Naveen Jindals Mansion Lutyens Delhi Estimated Value 120 150 Crores Located in the elite Lutyens Bungalow Zone in Delhi this palatial home combines classical and modern design Its among the most expensive homes in the capital

Discover one of India’s most expensive private residences—luxurious homes of billionaires and celebrities, featuring stunning architecture and unmatched opulence.

One of The Most Expensive Private Residences In India

<h2>Aatish Kapadia, Alison Kapadia Acquire ₹15.31 Crore Luxury Flat in Goregaon</h2>
<p>Bollywood Power Couple Invest in Mumbai’s Evolving Urban Hub</p>
<p>Bollywood actor-director <b>Aatish Kapadia</b> and his wife <b>Alison Kapadia</b> have made headlines with their purchase of a luxury apartment in Mumbai’s Goregaon, acquiring a 3,030 sq ft residence in the prestigious Elysian tower by <a href="https://www.oberoirealty.com/" target="_blank">Oberoi Realty</a> for <b>₹15.31 crore</b>. The transaction, registered on June 25, included a stamp duty of ₹91.86 lakh and a registration fee of ₹30,000, and comes with three dedicated parking spaces.</p>
<h2>Elysian: The Jewel of Goregaon’s Skyline</h2>
<p>Elysian, developed by <a href="https://www.aurumproptech.in/pulse/media/mumbai-realty-face-off-kalpataru-ipo-vs-oberoi-realty-market-strength" target="_blank">Oberoi Realty</a>, stands as a beacon of luxury in Goregaon, offering 3 and 4 BHK residences with world-class amenities including private mini movie theatres, fitness studios, yoga rooms, a spa, swimming pool, and lush landscaped gardens. The project has witnessed robust demand, with 116 sale registrations totaling <b>₹1,035 crore</b> between April 2024 and March 2025, and an average property price of ₹50,869 per sq ft.</p>
<h2>Goregaon: Mumbai’s New Urban Magnet</h2>
<p>Once a quiet suburb, Goregaon has transformed into a vibrant urban node, seamlessly connected by the Western Express Highway, SV Road, and the Goregaon railway station. Its proximity to major business hubs like Andheri, Malad, and BKC, along with easy access to retail destinations such as Inorbit and Infiniti Malls, makes it a magnet for professionals and creatives alike. The area’s blend of corporate offices, film studios, and production houses further enhances its appeal, while ongoing infrastructure upgrades like the Goregaon-Mulund Link Road are driving both convenience and rising property values.</p>
<h2>Luxury Living Meets Livability</h2>
<p>Goregaon’s real estate market has evolved rapidly, with luxury skyscrapers and premium developments now sharing the skyline with green spaces like Aarey Colony and Sanjay Gandhi National Park. The area’s modern residential offerings cater to a diverse range of buyers, making it both aspirational and accessible—a rare combination in Mumbai’s fast-paced property landscape.</p>
<h2>Aatish Kapadia: Creative Force and Industry Veteran</h2>
<p>Aatish Kapadia is renowned for his work as an actor, writer, and director, having created iconic television shows such as “Wagle Ki Duniya,” “Khichdi,” and “Pushpa Impossible.” As co-founder of Hats Off Productions, he has left an indelible mark on Indian entertainment, and his latest real estate move reflects both his success and his belief in Mumbai’s dynamic future.</p>

Aatish Kapadia Alison Kapadia Acquire 1531 Crore Luxury Flat in Goregaon Bollywood Power Couple Invest in Mumbais Evolving Urban Hub Bollywood actordirector Aatish Kapadia and his wife Alison Kapadia have made headlines with their purchase of a luxury apartment in Mumbais Goregaon acquiring a 3030 sq ft residence in the prestigious Elysian tower by Oberoi Realty for 1531 crore The transaction registered on June 25 included a stamp duty of 9186 lakh and a registration fee of 30000 and comes with three dedicated parking spaces Elysian The Jewel of Goregaons Skyline Elysian developed by Oberoi Realty stands as a beacon of luxury in Goregaon offering 3 and 4 BHK residences with worldclass amenities including private mini movie theatres fitness studios yoga rooms a spa swimming pool and lush landscaped gardens The project has witnessed robust demand with 116 sale registrations totaling 1035 crore between April 2024 and March 2025 and an average property price of 50869 per sq ft Goregaon Mumbais New Urban Magnet Once a quiet suburb Goregaon has transformed into a vibrant urban node seamlessly connected by the Western Express Highway SV Road and the Goregaon railway station Its proximity to major business hubs like Andheri Malad and BKC along with easy access to retail destinations such as Inorbit and Infiniti Malls makes it a magnet for professionals and creatives alike The areas blend of corporate offices film studios and production houses further enhances its appeal while ongoing infrastructure upgrades like the GoregaonMulund Link Road are driving both convenience and rising property values Luxury Living Meets Livability Goregaons real estate market has evolved rapidly with luxury skyscrapers and premium developments now sharing the skyline with green spaces like Aarey Colony and Sanjay Gandhi National Park The areas modern residential offerings cater to a diverse range of buyers making it both aspirational and accessiblea rare combination in Mumbais fastpaced property landscape Aatish Kapadia Creative Force and Industry Veteran Aatish Kapadia is renowned for his work as an actor writer and director having created iconic television shows such as Wagle Ki Duniya Khichdi and Pushpa Impossible As cofounder of Hats Off Productions he has left an indelible mark on Indian entertainment and his latest real estate move reflects both his success and his belief in Mumbais dynamic future

Aatish Kapadia and wife Alison buy a ₹15.31 crore luxury flat in Elysian, Goregaon—highlighting the suburb’s rise as Mumbai’s urban hotspot.

Aatish Kapadia, Alison Buy ₹15.31 Cr Luxury Flat in Goregaon

Aatish Kapadia, Alison Kapadia Acquire ₹15.31 Crore Luxury Flat in Goregaon

<h2>BBMP Property Tax Collection Surges to ₹2,881 Crore in Q1 FY26</h2>
<p>Bengaluru’s Civic Body Achieves Record-Breaking Revenue Milestone</p>
<p>Bengaluru’s civic body, the <a href="https://site.bbmp.gov.in/indexenglish.html" target="_blank">Bruhat Bengaluru Mahanagara Palike</a> (BBMP), has reported a remarkable surge in property tax collections, amassing <b>₹2,881 crore</b> in the first three months of the new financial year. This achievement represents 45.25% of its ambitious <b>₹6,256-crore</b> annual target, setting a new benchmark for municipal revenue generation.</p>
<h2>Zones Drive Growth: East and Mahadevapura Cross ₹1,000 Crore</h2>
<ul>
<li>East Zone and Mahadevapura each generate over <b>₹1,000 crore</b></li>
<li>South and Yelahanka surpass 47% of annual targets</li>
</ul>
<p>The BBMP’s East Zone joined Mahadevapura in the prestigious ₹1,000-crore club, generating the highest property tax revenue among all city zones. Meanwhile, the South and Yelahanka zones also performed impressively, each surpassing 47% of their annual collection targets, highlighting the city’s widespread compliance and robust tax base.</p>
<h2>Key Drivers: System Upgrades and New Garbage Tax</h2>
<p>This surge in revenue can be attributed to significant improvements in the BBMP’s tax collection system and the introduction of the new garbage tax, which has increased annual property tax bills by up to 35%. Property tax remains the single largest contributor to the BBMP’s exchequer, ensuring the city’s infrastructure and civic services are well-funded.</p>
<h2>Comparative Growth: A Year-on-Year Leap</h2>
<p>For context, the <a href="https://www.aurumproptech.in/pulse/media/bengaluru-bbmp-tax-collection-fy25-fy26-target-parking-policy" target="_blank">BBMP</a> had collected <b>₹1,696 crore</b> in the same period last year, making this year’s performance a substantial leap forward. The civic body’s proactive measures and policy changes are clearly paying dividends, positioning Bengaluru as a model for urban fiscal management.</p>

BBMP Property Tax Collection Surges to 2881 Crore in Q1 FY26 Bengalurus Civic Body Achieves RecordBreaking Revenue Milestone Bengalurus civic body the Bruhat Bengaluru Mahanagara Palike BBMP has reported a remarkable surge in property tax collections amassing 2881 crore in the first three months of the new financial year This achievement represents 4525 of its ambitious 6256crore annual target setting a new benchmark for municipal revenue generation Zones Drive Growth East and Mahadevapura Cross 1000 Crore East Zone and Mahadevapura each generate over 1000 crore South and Yelahanka surpass 47 of annual targets The BBMPs East Zone joined Mahadevapura in the prestigious 1000crore club generating the highest property tax revenue among all city zones Meanwhile the South and Yelahanka zones also performed impressively each surpassing 47 of their annual collection targets highlighting the citys widespread compliance and robust tax base Key Drivers System Upgrades and New Garbage Tax This surge in revenue can be attributed to significant improvements in the BBMPs tax collection system and the introduction of the new garbage tax which has increased annual property tax bills by up to 35 Property tax remains the single largest contributor to the BBMPs exchequer ensuring the citys infrastructure and civic services are wellfunded Comparative Growth A YearonYear Leap For context the BBMP had collected 1696 crore in the same period last year making this years performance a substantial leap forward The civic bodys proactive measures and policy changes are clearly paying dividends positioning Bengaluru as a model for urban fiscal management

BBMP collects ₹2,881 crore in property tax in Q1 FY26, driven by system upgrades and new garbage tax, achieving 45% of its annual target.

BDA Enters Luxury Segment with 1,485 High-End Flats in Bengaluru