<p>Schloss Bangalore, the hospitality brand backed by Brookfield and known for operating <a href="https://www.theleela.com/" target="_blank">The Leela</a> hotels, is set to make a grand entry into Mumbai’s prime commercial hub, Bandra Kurla Complex (BKC). The company, in partnership with Arliga Ecospace Business Park Pvt Ltd and Schloss Chanakya Pvt Ltd, has secured an 80-year lease on a prestigious BKC plot, where it will develop a mixed-use project anchored by a 250-key luxury hotel.</p>

<h2>Landmark Land Deals in Mumbai’s BKC</h2>
<p>This high-profile transaction is part of two major land deals recently signed by the <a href="https://mmrda.maharashtra.gov.in/" target="_blank">Mumbai Metropolitan Region Development Authority (MMRDA)</a>. Alongside Schloss Bangalore, Goisu Realty Pvt Ltd—the Indian arm of Japan’s Sumitomo Realty & Development Company—has also secured an 80-year lease for two additional BKC land parcels.</p>
<p>The official allotment letters for these coveted plots were handed over on June 3, in a ceremony graced by Maharashtra Chief Minister <b>Devendra Fadnavis</b> and Japan’s Consul-General <b>Koji Yagi</b>. The three plots together span 86,321.80 square meters and have generated a staggering <b>₹3,840.49 crore</b> for MMRDA, with the average price per square meter soaring to ₹4,44,902.80—well above the reserve price.</p>

<h2>Boosting Mumbai’s Infrastructure Ambitions</h2>
<p>The infusion of funds from these record-setting leases will bolster MMRDA’s ambitious infrastructure initiatives, including new metro lines, elevated corridors, and vital connectivity projects across the Mumbai Metropolitan Region. MMRDA’s revenue streams are largely fueled by land leases, metro operations, and infrastructure-related activities.</p>

<h2>BKC’s Ongoing Appeal for Global Investors</h2>
<p>The plots acquired by Schloss Bangalore and <a href="https://goisu-realty.in/" target="_blank">Goisu Realty</a> were part of a February 2025 MMRDA tender. While three plots were successfully awarded, four others—including three residential and one commercial—did not receive bids and are expected to be re-tendered soon. Goisu Realty’s previous BKC acquisitions include a <b>₹2,067 crore</b> deal in 2022 and a <b>₹2,238 crore</b> lease in 2019, underscoring the enduring global interest in Mumbai’s commercial real estate market.</p>

Schloss Bangalore the hospitality brand backed by Brookfield and known for operating The Leela hotels is set to make a grand entry into Mumbais prime commercial hub Bandra Kurla Complex BKC The company in partnership with Arliga Ecospace Business Park Pvt Ltd and Schloss Chanakya Pvt Ltd has secured an 80 year lease on a prestigious BKC plot where it will develop a mixed use project anchored by a 250 key luxury hotel Landmark Land Deals in Mumbais BKC This high profile transaction is part of two major land deals recently signed by the Mumbai Metropolitan Region Development Authority MMRDA Alongside Schloss Bangalore Goisu Realty Pvt Ltd the Indian arm of Japans Sumitomo Realty and Development Company has also secured an 80 year lease for two additional BKC land parcels The official allotment letters for these coveted plots were handed over on June 3 in a ceremony graced by Maharashtra Chief Minister Devendra Fadnavis and Japans Consul General Koji Yagi The three plots together span 8632180 square meters and have generated a staggering 384049 crore for MMRDA with the average price per square meter soaring to 44490280 well above the reserve price Boosting Mumbais Infrastructure Ambitions The infusion of funds from these record setting leases will bolster MMRDAs ambitious infrastructure initiatives including new metro lines elevated corridors and vital connectivity projects across the Mumbai Metropolitan Region MMRDAs revenue streams are largely fueled by land leases metro operations and infrastructure related activities BKCs Ongoing Appeal for Global Investors The plots acquired by Schloss Bangalore and Goisu Realty were part of a February 2025 MMRDA tender While three plots were successfully awarded four others including three residential and one commercial did not receive bids and are expected to be re tendered soon Goisu Realtys previous BKC acquisitions include a 2067 crore deal in 2022 and a 2238 crore lease in 2019 underscoring the enduring global interest in Mumbais commercial real estate market

Schloss Bangalore secures BKC plot for ₹3,840 crore, set to build a 250-key luxury hotel and mixed-use project, boosting Mumbai’s commercial real estate.

Schloss Bangalore to Develop ₹3,840 Cr Luxury Hotel Project in Mumbai BKC

<p>A Landmark Opportunity for Urban Regeneration</p>
<p>In the heart of South Mumbai, a historic chapter is about to turn. The <a href="https://www.mhada.gov.in/en" target="_blank">Maharashtra Housing and Area Development Authority</a> (MHADA), through its <a href="https://www.mhada.gov.in/en/e-mitra/mumbai-building-repair-and-reconstruction-board" target="_blank">Mumbai Building Repairs and Reconstruction Board</a> (MBRRB), has invited bids for the ambitious redevelopment of Kamathipura—a storied 34-acre neighborhood long known as the city’s historic red-light district. This landmark initiative, spanning approximately 73,145 square meters of net plot area, promises to reshape not just the skyline but the lives of its residents.</p>
<h2>A Community in Transition: The Project’s Scope</h2>
<p>The Kamathipura cluster is home to 943 aging cess buildings, many of which are nearly a century old. These structures house 8,001 residents—6,625 residential tenants and 1,376 non-residential occupants—alongside about 800 landowners. The redevelopment project, guided by the Maharashtra government’s January 2023 resolution and the DCPR 2034’s Regulation 33(9), will unlock 44,000 square meters of land and grant developers an impressive 5.67 lakh square meters of development rights. The vision: to construct around 4,500 new housing units, breathing fresh life into this historic urban village.</p>
<h2>A Vision of Inclusive Redevelopment</h2>
<p>The Kamathipura Cluster Redevelopment Project—Urban Village—is more than just bricks and mortar. It is a commitment to providing larger, safer homes for current residents, coupled with upgraded infrastructure, vibrant commercial spaces, and inviting recreational areas. The project aims to preserve the community’s spirit while offering a modern, dignified standard of living.</p>
<h2>Fair Compensation: Rewriting the Future for Landowners</h2>
<p>Under the project’s compensation plan, landowners will receive new housing units based on the size of their plots:</p>
<p>Up to 50 sq m: One 500 sq ft unit</p>
<p>51–100 sq m: Two units</p>
<p>101–150 sq m: Three units</p>
<p>151–200 sq m: Four units</p>
<p>Every additional 50 sq m beyond 200 sq m: One extra 500 sq ft unit</p>
<p>This equitable approach ensures that every stakeholder has a meaningful stake in the neighborhood’s revival.</p>
<h2>A New Chapter for Mumbai’s Heritage</h2>
<p>The Kamathipura redevelopment is a milestone in Mumbai’s urban evolution, offering a blueprint for how historic districts can be revitalized while respecting their legacy. By blending heritage with modernity, the project promises to set a new standard for inclusive, community-driven urban transformation.</p>

A Landmark Opportunity for Urban Regeneration In the heart of South Mumbai a historic chapter is about to turn The Maharashtra Housing and Area Development Authority MHADA through its Mumbai Building Repairs and Reconstruction Board MBRRB has invited bids for the ambitious redevelopment of Kamathipura a storied 34 acre neighborhood long known as the citys historic red light district This landmark initiative spanning approximately 73145 square meters of net plot area promises to reshape not just the skyline but the lives of its residents A Community in Transition The Projects Scope The Kamathipura cluster is home to 943 aging cess buildings many of which are nearly a century old These structures house 8001 residents 6625 residential tenants and 1376 non residential occupants alongside about 800 landowners The redevelopment project guided by the Maharashtra governments January 2023 resolution and the DCPR 2034s Regulation 339 will unlock 44000 square meters of land and grant developers an impressive 567 lakh square meters of development rights The vision to construct around 4500 new housing units breathing fresh life into this historic urban village A Vision of Inclusive Redevelopment The Kamathipura Cluster Redevelopment Project Urban Village is more than just bricks and mortar It is a commitment to providing larger safer homes for current residents coupled with upgraded infrastructure vibrant commercial spaces and inviting recreational areas The project aims to preserve the communitys spirit while offering a modern dignified standard of living Fair Compensation Rewriting the Future for Landowners Under the projects compensation plan landowners will receive new housing units based on the size of their plots Up to 50 sq m One 500 sq ft unit 51100 sq m Two units 101150 sq m Three units 151200 sq m Four units Every additional 50 sq m beyond 200 sq m One extra 500 sq ft unit This equitable approach ensures that every stakeholder has a meaningful stake in the neighborhoods revival A New Chapter for Mumbais Heritage The Kamathipura redevelopment is a milestone in Mumbais urban evolution offering a blueprint for how historic districts can be revitalized while respecting their legacy By blending heritage with modernity the project promises to set a new standard for inclusive community driven urban transformation

MHADA invites bids to redevelop 34-acre Kamathipura, promising modern homes and upgraded infrastructure for 8,000+ residents

Kamathipura’s Transformation: Mumbai’s Historic Heart Awaits Renewal

<p>A HighProfile Transaction in Mumbais Thriving Market</p>
<p>Bollywoods beloved fatherson duo <b>Hrithik Roshan</b> and <b>Rakesh Roshan</b> have made headlines with the sale of three residential apartments in Mumbais bustling Andheri West Collectively fetching <b>₹675 crore</b> these transactions underscore the enduring allure of Andheri as a prime real estate destination for both celebrities and discerning buyers</p>
<h2>Unveiling the Deals Details of the Transactions</h2>
<p>The trio of sales took place in May 2025 with each property offering a unique value proposition In the first transaction Rakesh Roshan sold a spacious 1025 sq ft apartment in Veejays Niwas CHS Limited along with two parking spaces to Sonali Ajmera for <b>₹375 crore</b> The deal registered on May 25 involved a stamp duty payment of ₹1875 lakh and registration charges of ₹30000</p>
<p>The second transaction saw Rakesh Roshan part with a 625 sq ft apartment in Raheja Classique Andheri West for <b>₹220 crore</b> The buyersJeevan Bhavanani Shilpa Wadhwani and Gaurav Wadhwanisealed the deal on May 17 with a stamp duty of ₹1320 lakh and registration charges of ₹30000</p>
<p>In the third and final transaction Hrithik Roshan sold a 240 sq ft apartment in the same Raheja Classique building to the same buyers for ₹80 lakh This sale also registered on May 17 included a stamp duty of ₹480 lakh and registration charges of ₹30000</p>
<h2>Andheri West A Magnet for Talent and Investment</h2>
<p>Andheri West stands out as a key real estate market in Mumbai celebrated for its seamless connectivity via road rail and metro Its strategic location near Chhatrapati Shivaji Maharaj International Airport and major business districts like Bandra Kurla Complex BKC SEEPZ and Lower Parel makes it a magnet for professionals and businesses alike This proximity fuels robust demand for both residential and commercial properties ensuring a vibrant and dynamic market</p>
<h2>A Glimpse into Hrithik Roshan’s Real Estate Portfolio</h2>
<p>Hrithik Roshans real estate acumen extends beyond Andheri In January 2025 he leased a 2727 sq ft commercial space in Goregaon for a monthly rent of ₹562 lakh In February he renewed the rental agreement for a 9209 sq ft commercial property in Punes Kharadi area commanding a monthly rent of ₹608 lakh These deals highlight his strategic approach to real estate investment balancing residential and commercial holdings across Mumbai and Pune</p>
<h2>A Vision for the Future</h2>
<p>The Roshan familys recent transactions are more than just property salesthey reflect a deep understanding of Mumbais evolving real estate landscape By capitalizing on Andheris strategic advantages and their own star power Hrithik and Rakesh Roshan continue to set benchmarks in luxury real estate inspiring both fans and investors to seek value connectivity and prestige in their property choices</p>

A HighProfile Transaction in Mumbais Thriving Market Bollywoods beloved fatherson duo Hrithik Roshan and Rakesh Roshan have made headlines with the sale of three residential apartments in Mumbais bustling Andheri West Collectively fetching ₹675 crore these transactions underscore the enduring allure of Andheri as a prime real estate destination for both celebrities and discerning buyers Unveiling the Deals Details of the Transactions The trio of sales took place in May 2025 with each property offering a unique value proposition In the first transaction Rakesh Roshan sold a spacious 1025 sq ft apartment in Veejays Niwas CHS Limited along with two parking spaces to Sonali Ajmera for ₹375 crore The deal registered on May 25 involved a stamp duty payment of ₹1875 lakh and registration charges of ₹30000 The second transaction saw Rakesh Roshan part with a 625 sq ft apartment in Raheja Classique Andheri West for ₹220 crore The buyersJeevan Bhavanani Shilpa Wadhwani and Gaurav Wadhwanisealed the deal on May 17 with a stamp duty of ₹1320 lakh and registration charges of ₹30000 In the third and final transaction Hrithik Roshan sold a 240 sq ft apartment in the same Raheja Classique building to the same buyers for ₹80 lakh This sale also registered on May 17 included a stamp duty of ₹480 lakh and registration charges of ₹30000 Andheri West A Magnet for Talent and Investment Andheri West stands out as a key real estate market in Mumbai celebrated for its seamless connectivity via road rail and metro Its strategic location near Chhatrapati Shivaji Maharaj International Airport and major business districts like Bandra Kurla Complex BKC SEEPZ and Lower Parel makes it a magnet for professionals and businesses alike This proximity fuels robust demand for both residential and commercial properties ensuring a vibrant and dynamic market A Glimpse into Hrithik Roshans Real Estate Portfolio Hrithik Roshans real estate acumen extends beyond Andheri In January 2025 he leased a 2727 sq ft commercial space in Goregaon for a monthly rent of ₹562 lakh In February he renewed the rental agreement for a 9209 sq ft commercial property in Punes Kharadi area commanding a monthly rent of ₹608 lakh These deals highlight his strategic approach to real estate investment balancing residential and commercial holdings across Mumbai and Pune A Vision for the Future The Roshan familys recent transactions are more than just property salesthey reflect a deep understanding of Mumbais evolving real estate landscape By capitalizing on Andheris strategic advantages and their own star power Hrithik and Rakesh Roshan continue to set benchmarks in luxury real estate inspiring both fans and investors to seek value connectivity and prestige in their property choices

Hrithik and Rakesh Roshan sell three Andheri apartments for ₹6.75 crore, highlighting Mumbai’s luxury real estate market.

Roshan Family’s Andheri Real Estate: A Star-Studded Sale

<p>A New Dawn for Purposeful Living</p>
<p>In a world where life moves at breakneck speed, a growing number of people are seeking deeper meaning, well-being, and a stronger connection to nature. The launch of Vedic City in Gurgaon on May 26th at <a href="https://www.hyatt.com/" target="_blank">Hyatt Regency</a> was not just another real estate event—it was an invitation to live differently, to embrace a lifestyle rooted in mindfulness, sustainability, and timeless Vedic principles.</p>
<h2>An Immersive Experience: Beyond Bricks and Mortar</h2>
<p>From the moment guests entered the venue, they were transported into an atmosphere of minimalist elegance and natural harmony. The carefully curated setting reflected the project’s core ethos: a commitment to wellness, intentionality, and living in sync with nature. Vedic City is designed as a self-sustaining township, where hundreds of acres are master-planned around forest-inspired layouts, wellness zones, and sustainable ecosystems, all inspired by the wisdom of Vedic living.</p>
<h2>Curating a Way of Life</h2>
<p><b>Mr. Narang</b>, the visionary behind Vedic City, spoke not as a conventional developer, but as a curator of lifestyle transformation. He painted a vivid picture of a community where wellness is seamlessly integrated into daily life, where every aspect—from architecture to daily routines—is designed to nurture health, happiness, and harmony.</p>
<h2>Milind Soman: A Voice of Authenticity</h2>
<p><b>Milind Soman</b>, renowned for his dedication to fitness and conscious living, lent his voice and presence as the brand ambassador of Vedic City. <i>“It is honest. It is built on real values, health, sustainability, and living well,”</i> he shared. His authentic endorsement resonated deeply, reinforcing the project’s commitment to genuine, values-driven living.</p>
<h2>A Gathering of Visionaries</h2>
<p>The launch event brought together a diverse group of investors, wellness professionals, urban planners, designers, and artists. Each found common ground in the idea of creating not just homes, but a better rhythm of life. The evening reached an emotional crescendo with a soul-stirring performance by the legendary Gurdas Maan, whose music celebrated rootedness, connection, and timeless traditions.</p>
<h2>Beyond a Project: A Movement for Meaningful Living</h2>
<p>As the night transitioned into thoughtful conversations over dinner, a reflective energy filled the room. Vedic City had sparked a deeper dialogue about life, sustainability, and purpose. The project was introduced not with fanfare, but with intent—inviting guests to consider not what they want to own, but how they want to live.</p>
<h2>A Vision for the Future</h2>
<p>Vedic City stands as a beacon for those seeking a more intentional, connected, and sustainable way of life. It is more than a real estate project; it is a movement to redefine modern living, blending ancient wisdom with contemporary innovation.</p>

A New Dawn for Purposeful Living In a world where life moves at breakneck speed a growing number of people are seeking deeper meaning wellbeing and a stronger connection to nature The launch of Vedic City in Gurgaon on May 26th at Hyatt Regency was not just another real estate eventit was an invitation to live differently to embrace a lifestyle rooted in mindfulness sustainability and timeless Vedic principles An Immersive Experience Beyond Bricks and Mortar From the moment guests entered the venue they were transported into an atmosphere of minimalist elegance and natural harmony The carefully curated setting reflected the projects core ethos a commitment to wellness intentionality and living in sync with nature Vedic City is designed as a selfsustaining township where hundreds of acres are masterplanned around forestinspired layouts wellness zones and sustainable ecosystems all inspired by the wisdom of Vedic living Curating a Way of Life Mr Narang the visionary behind Vedic City spoke not as a conventional developer but as a curator of lifestyle transformation He painted a vivid picture of a community where wellness is seamlessly integrated into daily life where every aspectfrom architecture to daily routinesis designed to nurture health happiness and harmony Milind Soman A Voice of Authenticity Milind Soman renowned for his dedication to fitness and conscious living lent his voice and presence as the brand ambassador of Vedic City It is honest It is built on real values health sustainability and living well he shared His authentic endorsement resonated deeply reinforcing the projects commitment to genuine valuesdriven living A Gathering of Visionaries The launch event brought together a diverse group of investors wellness professionals urban planners designers and artists Each found common ground in the idea of creating not just homes but a better rhythm of life The evening reached an emotional crescendo with a soulstirring performance by the legendary Gurdas Maan whose music celebrated rootedness connection and timeless traditions Beyond a Project A Movement for Meaningful Living As the night transitioned into thoughtful conversations over dinner a reflective energy filled the room Vedic City had sparked a deeper dialogue about life sustainability and purpose The project was introduced not with fanfare but with intentinviting guests to consider not what they want to own but how they want to live A Vision for the Future Vedic City stands as a beacon for those seeking a more intentional connected and sustainable way of life It is more than a real estate project it is a movement to redefine modern living blending ancient wisdom with contemporary innovation

Vedic City Gurgaon launches as a mindful, sustainable township inspired by Vedic wisdom and modern wellness principles.

Schloss Bangalore to Develop ₹3,840 Cr Luxury Hotel Project in Mumbai BKC

Landmark Land Deals in Mumbai’s BKC

Boosting Mumbai’s Infrastructure Ambitions

BKC’s Ongoing Appeal for Global Investors

Read More

Kamathipura’s Transformation: Mumbai’s Historic Heart Awaits Renewal

Roshan Family’s Andheri Real Estate: A Star-Studded Sale

Vedic City Gurgaon: Redefining Modern Living with Ancient Wisdom

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