Mumbai

By Eknath Deshpande , 2 November 2025

India’s commercial real estate sector is witnessing strong office rent growth across key metropolitan hubs, according to Knight Frank’s latest report. Bengaluru, NCR, and Mumbai have emerged as prime markets, reflecting robust demand driven by IT, tech, and financial services companies. The report highlights rising leasing activity, shrinking vacancy rates, and upward pressure on rents, signaling confidence among corporates and investors. Analysts note that hybrid work models, sector-specific demand, and infrastructure development are shaping the office space landscape.

By Tushar Sharma , 13 September 2025

The Reserve Bank of India (RBI) has finalized a significant land acquisition in Mumbai's Nariman Point area, purchasing a 4.2-acre plot from the Mumbai Metro Rail Corporation Ltd (MMRCL) for ₹3,472 crore. This strategic move aims to consolidate RBI's operations, currently spread across various rented premises, into a single, owned facility. The deal, registered on September 5, 2025, is among the largest institutional land transactions in Mumbai's recent history, with the land offering a buildable area of approximately 1.6 million square feet.

By Tushar Sharma , 12 August 2025

Patel Engineering Ltd. recorded a consolidated net profit of ₹75 crore for the first quarter of FY2025, marking a 56% increase from ₹48 crore in the same period last year. The performance was driven by improved execution of large-scale infrastructure projects, a healthy order pipeline, and disciplined cost management. Revenue growth was supported by ongoing developments in irrigation, tunneling, and hydropower segments, reflecting the company’s strategic alignment with India’s infrastructure expansion.