Properties to Buy and Rent In Mumbai

Bollywood superstar Shah Rukh Khan has made headlines once again with a significant investment in Mumbai's luxury real estate market. The actor has leased two opulent duplex apartments in the upscale Pali Hill area of Khar, with lease agreements totaling ₹8.67 crore over a three-year period.

The Indian government has announced the Income Tax Bill 2025, which clarifies that the taxation of long-term capital gains (LTCG) on the sale of property remains unchanged. This provides much-needed clarity to property owners and investors regarding tax implications when selling real estate.

Mumbai's real estate market continues to attract high-profile buyers, with Bollywood actor and model Gauhar Khan making a significant investment in the city. Gauhar Khan has purchased three apartments in Versova's prestigious Shiv Kutir Co-operative Housing Society Limited for a total of ₹10.13 crore.

Uday Kotak and his family purchase 12 luxury flats in Mumbai's Worli Sea Face for ₹202 crore, setting a national price record at ₹2.71 lakh per sq ft.

In a move aimed at easing the financial burden on home loan borrowers, the Reserve Bank of India (RBI) announced a 25 basis point cut in the repo rate to 6.25% on February 7, 2025. This significant reduction comes post-Budget 2025, which also introduced a tax relief measure for salaried individuals earning up to ₹12 lakh, helping them save up to ₹80,000 annually in taxes.