Mumbai Property Registrations in H1 2025 Hit Decade-High
Mumbai registered 11,586 property transactions in June 2025, marking a marginal 1% dip compared to 11,673 units in June 2024, according to data from the Department of Registrations and Stamps (IGR), Maharashtra. Despite the slight decline in volume, registration revenue rose by 2% year-on-year to ₹1,031 crore.
The first half of 2025 (January–June) recorded 75,982 property registrations — a 5% increase over the same period last year — generating ₹6,727 crore in revenue, up 15% YoY. Both figures represent the strongest half-yearly performance since 2013, as per Knight Frank India analysis.
June 2025 also witnessed a notable uptick in demand for high-value homes. Properties priced above ₹5 crore accounted for 6% of total registrations, up from 5% a year ago. In contrast, the ₹1–5 crore segment saw a decline in its share, the Knight Frank analysis showed.
Geographically, Mumbai’s residential momentum remained anchored in the Western and Central Suburbs, which together contributed 88% of total registrations, up from 86% last year. The Western Suburbs led with a 57% share, followed by 31% from the Central Suburbs. Meanwhile, South Mumbai’s share declined to 6%, indicating subdued activity in the city’s prime locales.
Experts suggest that Mumbai’s residential market continues to be driven by end-user demand, rising income levels, and a growing appetite for lifestyle upgrades, particularly in well-connected and amenity-rich suburban hubs.
Mr. Prashant Sharma, President, NAREDCO Maharashtra
“Mumbai’s performance in the first half of 2025 clearly reflects the market’s resilience and the underlying strength of real estate demand. Despite a marginal year-on-year dip in June registrations, the 5% growth in H1 volumes and a notable 15% rise in revenue collection highlight both sustained end-user interest and movement in higher-ticket-size segments. The preference for Western and Central suburbs reiterates the role of infrastructure-led development and better connectivity in driving homebuyer sentiment. Going forward, continued policy support and timely project completions will be crucial to maintain this momentum.”Mr. Nishant Deshmukh, Founder and Managing Partner, Sugee Group
“The Mumbai market has once again demonstrated its robustness, with the first half of 2025 registering the strongest performance in over a decade. The increased revenue and volume growth are positive indicators of sustained buyer confidence. The slight moderation in June is a healthy sign of market stability and reflects typical seasonal trends. What’s particularly encouraging is the increasing activity in high-value transactions, which bodes well for luxury and premium housing segments, especially in emerging growth corridors.”Mr. Nihar Thakkar, Founder, The Mandate House Private Ltd.
“The latest data underlines how Mumbai’s real estate market is evolving into a more mature and segmented ecosystem. The rise in high-ticket registrations signals wealth creation and a strong appetite for aspirational living. While the mid-market segment has seen a slight dip, it still holds immense potential, especially with the right mix of government incentives and product innovation. The dominance of the Western and Central Suburbs reflects a continued shift in demand hubs, driven by lifestyle preferences and connectivity enhancements.”Ms. Shraddha Kedia-Agarwal, Director, Transcon Developers
“The real estate landscape in Mumbai is witnessing a shift towards more premium housing, as seen from the growing share of registrations in the ₹5 crore-plus category. This indicates a maturing market where buyers are prioritising lifestyle, amenities, and future-ready infrastructure. The increased traction in the Western Suburbs aligns with this trend, as these locations offer a strong mix of quality developments and urban convenience. Despite economic headwinds, the market has displayed a remarkable ability to adapt, evolve, and grow.”
Odisha Startup’s Cutting-Edge Drone Tech Powers Indian Army’s Rescue in Sikkim Landslide
Bhubaneswar: An Odisha-based deep tech startup has emerged as a crucial player in India’s disaster response landscape, with its drone technology proving life-saving during the recent landslides in Lachen, Sikkim. The successful deployment has not only highlighted the Indian Army’s increasing reliance on indigenous solutions but also showcased Odisha’s growing footprint in the country’s innovation ecosystem.
On 1 June 2025, massive monsoon-triggered landslides struck Lachen, about 123 km from Gangtok, claiming the lives of three soldiers and leaving six others missing. In a bold and agile move, the Indian Army turned to BonV Aero, a startup with roots in Odisha, for rapid search and recovery under the treacherous conditions.
Unlike conventional high-altitude landslide rescues that depend heavily on SDRF teams, sniffer dogs, manual digging, and ground-based GPR equipment, this operation marked a significant shift. BonV Aero’s Ground Penetrating Radar (GPR) drone flew over the debris, using cutting-edge sensors to detect buried anomalies without disturbing the unstable terrain.
Within 24 hours of the disaster, the Indian Army integrated the startup’s drone into the rescue mission. The UAV’s data pinpointed two critical locations—at depths of 0.76 m and 0.015 m—where excavation later confirmed human remains.
“The Indian Army’s swift adoption of our technology speaks volumes about the growing confidence in homegrown solutions,” said Satyabarata Satapathy, CEO of BonV Aero. “As an Odisha-based startup, we are proud that our innovation could make a difference where it mattered most.”
BonV Aero’s breakthrough technology offers a game-changing advantage in disaster-prone, hard-to-access Himalayan regions. Traditional rescue techniques often falter in such conditions due to weather, snow, waterlogged debris, and unstable rocks. The GPR drone, however, scanned these hazardous zones safely, mapping real-time subsurface data that guided ground teams with surgical precision.
“What sets this drone apart is its ability to ‘see’ beneath the surface while keeping rescue teams out of harm’s way,” said Abinash Sahoo, Chief Technology Officer, BonV Aero.
“This technology can redefine how India responds to landslides and similar disasters.” The Lachen mission stands as a proud moment for Odisha’s startup ecosystem, demonstrating how local innovation can play a critical role in national emergencies. As India accelerates its push towards self-reliance in defence and disaster management, success stories like BonV Aero’s signal that Odisha’s homegrown enterprises are ready to deliver on the frontlines.
Fernandez Hospital Honors Doctors on the occasion of Doctors’ Day 2025
Hyderabad, 2 July 2025: On the occasion of Doctors’ Day, Dr Evita Fernandez, Chairperson and Managing Director of Fernandez Foundation honoured all the doctors fraternity reflecting on the quiet battles doctors fight each day — even as they bring life into the world and joy into families.
Speaking about the occasion Dr Evita said, “For many of us, doctors are superhumans, magicians, healers. For some, they are scapegoats, guardians, and mere strangers. Yes, they heal hearts, mend bodies, and bring life into this world. But behind those masks and white coats stands a human who feels, who experiences fears, loses, and wins. Their hearts ache when their patients cry. They carry the weight of lost lives and the grief they wrap in silence, but still show up to save another the next day and the days after. They are the absent fathers, mothers, partners and daughters, not because they didn’t care, but because they were fighting to keep someone else’s loved one alive.”
“At Fernandez, our doctors hold a special place in our hearts. They are warriors who fight everyday. Holding mothers’ hands, waiting for every newborn’s first cry, and working through the fears of families. Our doctors not just heal, they touch lives with compassion, respect, and skill. All they ask in return is your trust, your understanding, and a little kindness.” added Dr. Evita.
She and the whole team at Fernandez extended heartfelt Happy Doctors’ Day wishes to all the incredible doctors around the world who serve selflessly, care unconditionally, and bring hope into life.
Sattva Group Unveils Water’s Edge II in Goa, Tapping Into Rising Demand for Destination Luxury Living
Bengaluru/Goa, July 1, 2025: Sattva Group, a leading premium residential developer, today launched Water’s Edge II, expanding its successful Goa coastal portfolio in a strategic move that reinforces the company’s confidence in India’s growing luxury coastal market. The second-phase development builds on the success of the original Water’s Edge project, positioning Sattva as a key player in Goa’s evolving high-end residential landscape.
The launch underscores a broader transformation in India’s residential market, where enhanced connectivity and shifting lifestyle aspirations have turned coastal properties into primary residences for a diverse and affluent demographic, including Non-Resident Indians, senior professionals planning retirement, and high-net-worth individuals seeking curated lifestyle experiences.
Infrastructure Convergence Driving Coastal Demand
The rapid growth in Goa’s aviation infrastructure, with the operational Dabolim International Airport and the new Manohar International Airport at Mopa, has significantly enhanced the region’s accessibility. Water’s Edge II, located just 3.5 kilometers from Dabolim, leverages this advantage at a time when remote work enables professionals to operate from any location, including coastal areas.
“The fundamental shift we’re witnessing isn’t just about where affluent Indians choose to live, it’s about how they’re redefining the concept of home itself,” said Karishmah Siingh, President – Sales, Marketing & CRM, Sattva Group. “When world-class infrastructure converges with evolving work patterns, we see the emergence of destination luxury, where primary residences become curated lifestyle experiences.
Water’s Edge II represents our belief that India’s next generation of luxury developments must transcend traditional boundaries between vacation and permanent living.”
Product Strategy Reflects Market Maturation
Water’s Edge II presents a thoughtfully tiered residential offering, reflecting the maturing demands of India’s coastal luxury segment. Designed to accommodate a range of lifestyle preferences, the project includes:
Five 4-BHK villas with private gyms and entertainment spaces
Five 4-BHK villas with private pools and dedicated home offices
A 24-unit boutique apartment building with shared amenities
Each unit is Vastu-compliant and oriented to maximize panoramic sea views. The project represents Sattva’s evolution from urban high-rise development to curated coastal living, delivering the same benchmark of construction excellence and community planning honed across millions of square feet in Bangalore’s premium residential market.
“We evaluate over 40 parameters for every project across locations—from demographics to infrastructure timelines,” Siingh noted. “This research allows us to anticipate buyer needs years ahead. We also future-proof our developments with technology infrastructure that can adapt as the world of technology evolves. At Sattva, meticulous planning is fundamental to creating enduring value.”
Ten Signature Villas Anchor Water’s Edge II
At the heart of the development are ten signature 4-BHK villas, envisioned as private sanctuaries by the sea. These homes are divided into two distinct formats that embody Sattva’s commitment to creating diverse, lifestyle-driven residences.
Villas 1–5 offer understated luxury across three levels, the lower Ground, Ground, and Upper Ground. Ideal for those who value simplicity without compromise, these homes feature sea-facing rooms, private gym rooms, entertainment lounges, ensuite bedrooms,
and expansive decks and balconies that open to coastal views.
Villas 6–10 cater to those seeking a more indulgent experience, with the addition of private swimming pools and dedicated home offices. While the architectural layout mirrors the first set, these villas emphasize grander outdoor connections and seamless
transitions between work, leisure, and living.
Together, these residences form the cornerstone of Water’s Edge II, each a serene canvas of light, air, and ocean rhythm.
Strategic Market Positioning
This expansion is a result of deliberate market strategy, not short-term opportunism. Key factors supporting the launch include:
Aviation infrastructure: Two international airports offering connectivity on par with major metros
Professional migration: A growing number of executives are establishing coastal primary residences
Investment performance: Premium coastal properties showing stronger appreciation trends
Regulatory environment: Streamlined approvals and infrastructure investments enabling long-term growth
Coastal Luxury Becomes Established Asset Class
Sattva’s confidence in launching Water’s Edge II is supported by exceptional market fundamentals. Goa is emerging as one of India’s hottest real estate investment destinations, with residential property prices skyrocketing by 66.3% year-on-year according to Magicbricks. This surge is cementing Goa’s reputation as a go-to destination for vacation homes, retirement properties, and long-term rental investments.
The launch comes at a time when leading developers are increasingly exploring coastal regions as viable alternatives to saturated urban markets. Industry analysts note that infrastructure-led growth in these areas could redefine residential choices for India’s professional class, with ripple effects on workforce movement and regional economic development.
Truflo by Hindware Expands Manufacturing Footprint with Roorkee Plant Inauguration, Commences Trial Production
National– 1st July, 2025 – Truflo by Hindware, the fastest-growing brand in the plastic pipes and fittings segment, today announced the inauguration of its new state-of-the-art manufacturing plant in Roorkee, Uttarakhand. With this development, trial production at the plant is officially underway. As the company’s third plant, this strategic expansion marks a key milestone designed to strengthen Truflo’s long-term growth trajectory and meet India’s rising demand for high-quality plastic piping solutions. The plant was inaugurated by Mr. Sandip Somany, Chairman, Somany Impresa Group, and Mr. Shashvat Somany, Strategy Head, Somany Impresa Group.
Backed by an investment of ~₹170 crore, the new Roorkee plant is built to support an initial production capacity of 12,500 tonnes per annum (TPA). The plant’s strategic location is set to significantly enhance the company’s manufacturing footprint and distribution efficiency across the North and West regions in India. With the opening of this new plant, the company’s total annual production capacity, including the existing Sangareddy plant, will reach 80,500 TPA, strengthening its overall manufacturing capability and operational reach.
The new plant will manufacture a comprehensive range of CPVC, UPVC, and SWR, PVC pipes & fittings and overhead water storage tanks. Beyond its production capabilities, the new facility is also poised to be a contributor to the local economy and will generate up to 200 direct and indirect jobs in the region.
Commenting on the inauguration, Mr. Sandip Somany, Chairman, Somany Impresa Group said, “I am proud to see our vision for expanded capacity progressing with the start of trial production at our Roorkee plant. Achieving this significant expansion within seven years of setting up our first plant in Sangareddy is a testament to our team’s dedication and spirit. This new facility significantly enhances our capacity, reinforcing our commitment to delivering superior quality products and solidifying Truflo’s leadership as the fastest-growing brand in the Indian plastic pipes and fittings market.”
Mr. Rajesh Pajnoo, CEO, Truflo by Hindware Limited added, “The start of trial production at the Roorkee plant marks a significant step in strengthening our manufacturing and distribution capabilities. This strategic expansion will play a key role in deepening our market penetration in North and West India, ensuring that our expansive piping solutions are readily available to meet diverse customer needs.”
Truflo by Hindware’s network of 320+ distributors and 30,000+ dealers ensure widespread product availability nationwide. Complementing this, the company fosters strong market connections and brand recall through strategic engagement with the plumbing community, including training forums and a database of over 100,000 plumbers.
Freshworks Unveils Freshservice Journeys to Simplify Employee Experience
Chennai, India – July 01, 2025 – Freshworks, announced the general availability of Freshservice Journeys, a new AI-assisted capability within its IT and employee service management offering, designed to streamline complex employee processes across functions—driving efficiency, improving cross-functional collaboration, and delivering consistent, personalized employee experience during critical employee events. With Freshservice Journeys, teams across IT, HR, facilities, and other departments can use no-code workflows to build thoughtful employee experiences in key moments that matter such as onboarding, offboarding, promotions, and relocations.
“Complexity is the enemy of efficiency, and our customers count on Freshworks to remove roadblocks in the employee experience with hyper-personalized, seamless, and uncomplicated service,” said Srini Raghavan, Chief Product Officer at Freshworks. “For years, Freshservice has enabled thousands of organizations to apply modern service management principles across individual departments. With the launch of Freshservice Journeys, Freshworks takes that vision further—eliminating the friction that has long hindered cross-departmental collaboration during complex employee transitions. Organizations can now use AI powered automation to deliver consistently positive employee experiences without sacrificing departmental flexibility.”
Organizations often struggle with legacy systems that enforce rigid workflows and siloed operations. This lack of coordination and accountability across departments leads to bottlenecks and costly inefficiencies—especially during high-impact employee experiences like onboarding. For example, when IT, HR, and Facilities aren’t aligned, new hires may arrive on day one without access to essential tools, systems, or even a workspace, eroding first impressions and delaying productivity. Freshservice Journeys was built to solve these common challenges by automating manual tasks, improving interdepartmental coordination, and enhancing visibility throughout the process.
Key benefits of Freshservice Journeys include:
AI-Powered Efficiency: Leverages the power of AI to handle routine tasks like setting up accounts, sending reminders, and summarizing tickets. This means less manual work for your team and faster task completion.
Easy-to-use, intuitive interface: The no-code/low-code interface empowers admins to configure complex workflows effortlessly, or go live even faster using pre-built templates that enable seamless collaboration from HR to IT.
Seamless Cross-Functional Collaboration: Assigns tasks, automates reminders, and provides real-time progress tracking visible across all relevant departments to enhance coordination, improve accountability, and simplify employee transitions.
Flexible to Unique Organizational Needs: Uses conditions and triggers to tailor journey paths to specific employee needs and organizational policies.
Customer-Proven Results
“Freshservice has completely transformed our offboarding process,” said John Batchelor, Vice President of IT Operations at Qualfon. “What used to take days can now be done in hours—with full visibility into task completion, access revocation, and timelines. It’s helped us reduce risk, save time, and deliver a more secure, compliant offboarding experience at scale.”
“Freshservice Journeys is a game-changer for onboarding,” said Tabitha Zokaitis, IT Service Management Analyst at EquiTrust Life Insurance. “It allows our admins to quickly set up customized workflows for different roles, while giving HR real-time visibility into every task. We’re looking forward to further streamlining our processes and saving hours of manual coordination, reducing errors, and ensuring every new hire has a smooth, consistent experience from day one.”
Anantha Ganga, CIO at Coherent, sought to standardize IT service delivery on a single platform. Within just four months, Coherent successfully transitioned all IT workflows to Freshservice. Coherent subsequently expanded its use of Freshservice to support HR needs—such as employee onboarding and offboarding—with plans to expand to facilities and procurement.
Turn Up the Heat with ‘Book Your Grill’ at Novotel Hyderabad Convention Centre
This July, gather your tribe and make your dinner experience into an unforgettable affair with ‘Book Your Grill’ at ‘Permit To Grill’, Novotel Hyderabad Convention Centre. The promotion is specifically curated for group diners seeking a custom and lively barbecue experience that lets you take charge of the grill without lifting a finger.
Enjoy the freedom to choose your own selection of meats and vegetables, while a dedicated chef and service team prepares and serves it fresh, right at your table. The sizzling experience is complemented by premium alcoholic beverages and a soulful session of live music that sets the mood just right for the evening.
Whether it’s a casual get-together or a planned celebration, ‘Book Your Grill’ elevates your al fresco dining experience with a personalised twist, under the monsoon skies.
So gather your gang to grill and groove only at ‘Permit to Grill’.
Details:
Price: à la carte menu
Dates: 1st July to 31st July 2025
Days: All 7 days of the week
Time: 7:00 PM to 11:00 PM
Venue: Permit To Grill, Novotel Hyderabad Convention Centre
UST to Host ‘Capture The Flag’ at GenCyS 2025 with INR 7.5 Lakh in Rewards
Thiruvananthapuram , Bengaluru , Mumbai, 1 July 2025: UST, a leading digital transformation solutions company, has announced its upcoming global virtual cybersecurity conference, GenCyS 2025 on August 23–24, 2025, aimed at showcasing its security capabilities and advancing AI innovation in the cybersecurity domain. As part of the event, UST will host the Capture-The-Flag (CTF) competition, designed to challenge and identify top cybersecurity talent across India. The winning team will receive a prize pool of ₹7.5 lakhs (including a ₹1.5 lakh cash prize and non-cash prizes from partners like Hack The Box, LetsDefend, etc.) along with a conditional job opportunity at UST.
The CTF competition is open for registrations until 30th July 2025. On August 2, an online preliminary round will kick off the competition. Post the first round, the top 50 teams will qualify for the 24-hour grand finale, to be held on-site at the UST campus in Thiruvananthapuram on August 23–24, 2025.
Participants will be required to solve a series of complex, real-world cybersecurity problems to uncover hidden flags, unique codes embedded in puzzles, scripts, and systems, testing their analytical, technical, and problem-solving skills. Further, the competition also immerses participants in advanced AI-driven security challenges, Red Team vs Blue Team scenarios, and live attack simulations, providing a dynamic platform to test and elevate their skills.
Speaking about the event, Sunil Balakrishnan, Chief Values Officer and Global Head of Development Centre Operations, UST, said, “At UST, we envision the future of cybersecurity to be the intersection of human ingenuity and AI innovation. Our GenCys 2025 conference embodies our abiding commitment to the development of the next generation of cybersecurity professionals by addressing real-world cybersecurity challenges through experiential learning. With promising panels, paper presentations, and keynote speeches along with the CTF competition lined up, GenCys 2025 promises to reinforce UST’s expertise in the evolving cybersecurity landscape while also serving as a launch pad for future cybersecurity talent.”
Organised under COLORS of UST, the company’s award-winning global employee engagement programme, GenCyS 2025 will feature insightful sessions from industry leaders, panel discussions, and cutting-edge security innovations, along with a call for research papers. The conference will also include expert-led workshops offering hands-on learning, real-world cybersecurity challenges, and practical applications of AI in security.
Breakage, Fallout, Weakness – Meet the Science That Fights Back
If you’re facing hair thinning, excessive shedding, or a noticeable loss of volume — whether it’s strands on your pillow, that bald spot visible from behind, or a once-thick ponytail now looking half its usual size—you’re not alone. You’ve likely tried DIY remedies, oils, serums, and strong-smelling “fixes” that all fall flat. That’s where Calecim comes in: a scientifically supported solution trusted by professionals around the world.
Introducing the Calecim Professional Advanced Hair System — a 6-week restorative treatment designed to reawaken your hair’s natural growth cycle. Powered by the proprietary PTT-6® complex (stem-cell-derived proteins, exosomes, growth factors, and cytokines), it activates dormant follicles, increases hair density, and significantly reduces shedding by combating inflammation. Clinical studies have shown a 24% boost in follicle cell activity and a 30-fold decrease in inflammation.
Ideal for early-stage hair loss and thinning hair, Calecim is applied twice weekly—often using a dermastamp to enhance serum absorption and many users begin seeing visible improvements in as little as six weeks. Plus, it’s hormone-free, side-effect-free, and endorsed by experts—even those previously unresponsive to treatments like minoxidil.
Calecim Professional’s Advanced Hair System Kit
MRP: 35,000
Note: Available in premium salons and dermats
RESULTS:
Key Features:
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Clinically formulated 6-week treatment plan
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Uses patented PTT-6® for superior follicle stimulation
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Reduces hair fall and shedding
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Includes Scalp Activator for enhanced product absorption
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Suitable for both men and women
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Dual-Phase Protocol:
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Treatment Phase (6 weeks): Apply the solution twice a week and Use half an ampoule per treatment with the derma stamper.
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Maintenance Phase (approx. 3 months): Apply the solution once a week and Continue with half an ampoule per session.
Cantabil Strengthens Retail Footprint Across Maharashtra with 66 Stores, Including 23 in Mumbai
Mumbai, 30th June 2025: In a strong display of its retail expansion strategy in western India, Cantabil Retail India Ltd. has reinforced its presence in Maharashtra with 66 exclusive brand outlets, including a commanding 23-store footprint in Mumbai. The growing penetration in the region aligns with the brand’s vision to make quality, affordable fashion accessible across India’s key metros and tier 2–3 cities.
With a mix of menswear stores and multi-category outlets catering to men, women, and kids, Cantabil’s store presence across Mumbai (23 stores), Pune and surrounding areas (17 stores), Nagpur (5 stores), and Nashik (4 stores) is designed to serve the evolving style needs of consumers across demographics. Additional locations in Amravati, Kolhapur, Aurangabad, Nanded, Jalgaon, and Solapur, among others, round out the statewide network.
“Our strong presence across Maharashtra particularly in Mumbai underscores the region’s importance in our growth journey,” said Deepak Bansal, Director, Cantabil Retail India Ltd. “From bustling metros to fast-growing cities, we’re committed to being where our customers are. As we continue to evolve from a menswear label to a complete lifestyle brand, our focus remains on delivering fashion that is both aspirational and accessible.”
Nationally, Cantabil recently celebrated the grand opening of its 600th exclusive brand outlet, marking a major milestone in its growth journey. Looking ahead, the brand plans to add 70–80 new stores in FY 2025–26 and is aiming to achieve a ₹1000 crore revenue milestone by FY27. This aggressive expansion reflects Cantabil’s confidence in India’s booming organized fashion retail sector and its ability to meet rising consumer demand.
Building on this momentum, Cantabil is eyeing further expansion in high-opportunity markets within Maharashtra, including Mumbai’s Ulwe and New Panvel, and Pune’s Sinhagad Road, Wagholi, Wakad, and Bibwewadi, as well as Aurangabad (Jalna Road), Latur, Dhule, Jalna, Parbhani, Osmanabad, and Gondia, among others.
From its origins in menswear, Cantabil has grown into a diverse fashion and lifestyle destination, offering a complete wardrobe solution across apparel, footwear, accessories, and athleisure for the entire family.