Shakti Kapoor Sells Juhu Apartment for Rs. 6.11 Crore
4th March 2025 : Bollywood actor Shakti Kapoor has sold his apartment in Silver Beach Heaven Co-operative Society, Juhu, Mumbai, for Rs. 6.11 crore, according to property registration documents reviewed by Square Yards. The transaction was registered in December 2024.
Juhu, one of Mumbai’s most prestigious and sought-after residentiall areas, is home to several Bollywood celebrities. The locality is known for its scenic beach, upscale restaurants, and proximity to business hubs like Andheri and Bandra. It also boasts excellent connectivity with the Western Express Highway and the Mumbai Metro network. Bollywood stars like Varun Dhawan, Madhu Mantena, and Sajid Khan, also own apartments in Juhu, as per Square Yards’ analysis of IGR property registration documents.
As per the IGR property registration documents reviewed by Square Yards, the apartment sold by Shakti Kapoor has a built-up area of 81.84 sq. m. (~881 sq. ft.). The transaction incurred a stamp duty payment of Rs. 36.66 lakh and registration charges of Rs. 30,000.
Shakti Kapoor, is a well-known Indian actor recognized for his roles in both villainous and comic characters in Hindi cinema. With a career spanning several decades, he has appeared in several films. In the 1980s and 1990s, Kapoor frequently collaborated with actors Asrani and Kader Khan, forming a popular comic and villainous trio in over 100 films. Known for hits like Raja Babu, Andaz Apna Apna, and ChaalBaaz, he won the Filmfare Award for Best Comedian for Raja Babu (1995). In addition to his film career, he was also a contestant on the reality show Bigg Boss in 2011.
Anamudi Real Estates Acquires INR 80.83 Crore Land in Juhu Mumbai
February 10th 2025: Anamudi Real Estates LLP, a privately held firm of the Godrej family, has acquired a land parcel in Mumbai’s upscale Juhu area for Rs. 80.83 crore, according to property registration documents reviewed by Square Yards. The transaction was registered in February 2025.
Anand Moorthy, Co-founder and CBO, Capital Market & Services, Square Yards said, “The western micro-market in Mumbai remains a key draw for buyers, with Bandra, Juhu, and Andheri standing out as the most sought-after locations. A well-developed social infrastructure, encompassing premium retail, education, entertainment, and healthcare facilities, continues to underpin demand. Juhu, in particular, benefits from its strategic positioning, offering a quieter residential environment, beachside appeal, and strong connectivity to business hubs and the international airport. These attributes have long made it a preferred choice for high-net-worth, ultra-high-net-worth individuals and also Bollywood celebrities. The presence of leading developers in the area reflects its enduring appeal. Recent land acquisitions in Juhu signal continued investor confidence, reinforcing the locality’s long-term growth prospects.”
As per the IGR property registration documents reviewed by Square Yards, the land spanning 560 sq. m. (~670 sq. yd) was purchased by Anamudi Real Estates LLP, an entity owned by the Godrej Group. The land also includes a built-up area comprising a basement, a ground floor, and two upper floors. The acquisition incurred a stamp duty payment of Rs. 4.85 crore and a registration fee of Rs. 30,000.
Juhu, a prime suburban locality in Mumbai’s western region, is home to several Bollywood celebrities and business leaders, thanks to its coastal appeal, proximity to the international airport, luxury housing stock, and strong social infrastructure. The area features major developers such as Lodha, K Raheja, Kalpataru, and Rustomjee, among others.
According to Square Yards Locality Data Intelligence, a total of 175 sale transactions including apartments, villas and residential plots, amounting to a gross transaction value of Rs. 1,346 crore, were registered in Juhu between January 2024 and December 2024. Currently, the average residential property price in Juhu stands at Rs. 72,166 per sq. ft. In another recent transaction, Agarwal Holdings Pvt. Ltd. acquired land worth Rs. 455 crore from Shapoorji Pallonji in Juhu of approximately 1,819.90 sq. m (~2,177 sq. yd), as per IGR property registration documents reviewed by Square Yards.
Anamudi Real Estates LLP, an entity owned by the Godrej Group, is a Limited Liability Partnership registered in Mumbai, Maharashtra. The Godrej Group is an Indian multinational conglomerate headquartered in Mumbai, managed and largely owned by the Godrej family. The group operates in multiple sectors, including real estate, consumer products, industrial engineering, appliances, furniture, security, and agricultural products.
Pune Home Sales Soar 50% YoY in June; Average Prices Reach All-Time High: Square Yards
Pune, Maharashtra, August 12, 2024 – Pune’s real estate market has experienced a significant boost, with registered transactions surging by 50% in the June quarter, according to the latest report by Square Yards. The number of transactions registered with the IGR between April and June 2024 reached 39,961, up from 26,629 during the same period last year.
| Pune Real Estate Summary – Q2 2024 (April-June) | |||||
| Q2 2023 | Q1 2024 | Q2 2024 | QoQ | YoY | |
| Registered Real Estate Transactions
(No. of units) |
26,629 | 57,105 | 39,961 | -30% | 50% |
Of the total registered transactions in Pune, 20,190 were residential, amounting to a registered sales value of Rs. 13,995 crore, marking a 3% annual increase. Correspondingly, the average registered home sales value reached an all-time high of Rs. 69 lakh in the second quarter of 2024, recording a robust 17% year-over-year growth. This shift highlights a strong preference among homebuyers for high-end and premium properties, driving the average sales value to a new high.
| Pune Residential Summary – Q2 2024 (April-June) | |||||
| Q2 2023 | Q1 2024 | Q2 2024 | QoQ | YoY | |
| Registered Sales Value (GTV) (Rs. crore) | 13,637 | 17,837 | 13,995 | -22% | 3% |
| Average Registered Sales Value (Rs. crore) | 0.59 | 0.66 | 0.69 | 5% | 17% |
“Pune continues to stand out as one of India’s top-performing cities, second only to Mumbai MMR,” says Suhas Paithankar, Associate Principal Partner, Square Yards. “The June quarter’s data highlights a healthy 17% annual increase in the average registered sales value, reaching an all-time high of Rs. 69 lakh. This underscores a robust demand for premium homes, fueled by rising employment opportunities, increased disposable incomes, and a shift towards aspirational lifestyle.”
He added, “Looking at the historical data trends of Pune, the second quarter is anticipated to give way to heightened residential activity in the latter half of the year driven by upbeat homebuyer sentiments owing to the upcoming Ganpati and other festivals.”
The share of residential transactions for properties priced between Rs. 50 lakh–1 crore rose to 39% in the June quarter, up from 36% during the same period the previous year. Additionally, transactions for properties priced between Rs.1–2 crore nearly doubled, increasing to 14% from 9% year-on-year. Properties within the 500–1,000 sq.ft. range continue to dominate, representing 62% of all transactions as 1 BHK followed by 2 BHK remain most preferred configuration amongst homebuyers.
| Pune – Area-wise Residential Transactions
Q2 2024 vs Q2 2023 (April-June) |
Pune – Budget-wise Residential Transactions
Q2 2024 vs Q2 2023 (April-June) |
|||||
| Area (in sq.ft.) | Q2 2023 | Q2 2024 | Budget | Q2 2023 | Q2 2024 | |
| Below 500 sq.ft. | 27% | 22% | Below INR 50 lakh | 53% | 44% | |
| 500–1000 sq.ft. | 62% | 62% | INR 50 lakh–1 crore | 36% | 39% | |
| 1000–1500 sq.ft. | 8% | 12% | INR 1–2 crore | 9% | 14% | |
| 1500–3000 sq.ft. | 2% | 3% | INR 2–3 crore | 1% | 2% | |
| Above 3000 sq.ft. | 1% | 1% | Above INR 3 crore | 1% | 1% | |
Micro Market Performance
Pimpri Chinchwad and the Western suburbs continue to dominate residential market activity, particularly the localities along the Mumbai-Pune Expressway and NH-48. These micro-markets collectively accounted for 67% of overall registered transactions and 64% of sales value in the June quarter.
The highest average transaction value was recorded in Pune’s central suburbs at Rs. 1.08 crore, followed by the western micro-market at Rs. 88 lakh, driven by the extensive presence of IT companies. In contrast, Pimpri-Chinchwad remains an affordable alternative with an average transaction value of Rs. 56 lakh. This coupled with good connectivity via NH-48 has added to the popularity of this micro-market.
| Pune Residential Micromarket Summary – Q2 2024 (April-June) | |||
| Micromarket | Registered Residential Transactions (No. of units) | Registered Home Value (Rs. crore) | Average Registered Home Sales Value (Rs. crore) |
| Overall Pune | 20,190 | 13,995 | 0.69 |
| Pimpri-Chinchwad | 9,240 | 5,168 | 0.56 |
| Pune West | 4,270 | 3,755 | 0.88 |
| Pune East | 3,754 | 3,101 | 0.83 |
| Pune South | 2,443 | 1,449 | 0.59 |
| Pune Central | 483 | 522 | 1.08 |
Localities such as Wagholi, followed by Ravet, Punawale, and Tathawade led in total registered residential transactions in Q2 2024. In terms of registered sales value, Wagholi and Baner took the lead, with properties worth Rs. 991 crore and Rs. 679 crore sold during the June quarter.
Market Leaders and Key Projects
VTP Realty retained its top position in both total registered transactions and sales value. Their project, VTP Verve in Sus, stood third on the list of projects with the highest number of registered transactions and second on the list for sales value. Kolte Patil Developers followed closely, with substantial contributions from their project Life Republic in Hinjewadi. Godrej took the third spot, with Godrej Urban Retreat performing strongly in terms of transactions and sales value. Lodha’s project, Lodha Giardino in Kharadi, led in registered transactions value.
| Top Developers by Registered Home Sales Value
Pune Q2 2024 (April-June) |
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| Rank | Developers | Registered Home Sales Value (Rs. crore) | Top Projects by Registered Home Sales Value |
| 1 | VTP Realty | 525 | VTP Verve, VTP Dolce Vita |
| 2 | Kolte Patil Developers | 393 | Kolte Patil Life Republic |
| 3 | Godrej Properties | 352 | Godrej Urban Retreat |
| 4 | Lodha Group | 346 | Lodha Giardino |
| 5 | Kumar Properties | 199 | Kumar Parc Residences, Kumar Palmspring towers |
| 6 | Krisala Developers | 165 | Krisala 41 Luxovert |
| 7 | Nyati Group | 160 | Nyati Equinox, Nyati Emerald |
| 8 | Pristine Properties | 142 | Pristine O2 World |
| 9 | Rohan Group | 139 | Rohan Leher, Rohan Anand |
| 10 | Pride Purple Group | 124 | Park Titan |
| Top Developers by No. of Registered Residential Transactions
Pune Q2 2024 (April-June) |
|||
| Rank | Developers | Registered Residential Transactions (No. of units) | Top Projects by No. of Registered Residential Transactions |
| 1 | VTP Realty | 573 | VTP Verve, VTP Dolce Vita |
| 2 | Kolte Patil Developers | 422 | Kolte Patil Life Republic |
| 3 | Godrej Properties | 402 | Godrej Urban Retreat |
| 4 | Lodha Group | 315 | Lodha Giardino |
| 5 | Kumar Properties | 260 | Kumar Parc Residences, Kumar Palmspring towers |
| 6 | Krisala Developers | 202 | Krisala 41 Luxovert |
| 7 | Nyati Group | 180 | Nyati Equinox, Nyati Emerald |
| 8 | Pristine Properties | 170 | Pristine O2 World |
| 9 | Rohan Group | 165 | Rohan Abhilasha, Rohan Ekam |
| 10 | Goel Ganga Group | 147 | Ganga New Town, Ganga Amber |
New Launches
According to Square Yards, a total of 16,783 units were launched in Pune during the June quarter, spanning 177 projects and covering nearly 15 million square feet. Pimpri Chinchwad dominated Pune’s residential new supply, accounting for 47% of the total units launched in Q2 2024. The presence of an IT hub, connectivity via NH-48, and the availability of land parcels have attracted many developers to this micro-market.
| Pune Residential New Supply Summary – Q2 2024 (April-June) | |||
| Micromarket | Total Launched Inventory
(No. of units) |
Total Launch Projects | Total Launch Area
(Million sq.ft.) |
| Overall Pune | 16,783 | 177 | 14.9 |
| Pimpri Chinchwad | 7,084 | 63 | 7.0 |
| Pune West | 3,935 | 38 | 3.2 |
| Pune Central | 396 | 20 | 0.4 |
| Pune East | 3,062 | 19 | 2.5 |
| Pune South | 1,094 | 15 | 1.1 |
| Rest of Pune | 1,212 | 22 | 0.6 |
Square Yards’ insights suggest that both local and national developers are experiencing successful project launches in Pune. The city’s diverse offerings in the mid-to-high segment cater to a wide range of buyers, ensuring sustained growth. With the festive season approaching, residential activity is expected to accelerate in the latter half of the year.