Former Cricketer Zaheer Khan Buys Rs 110 Million Mumbai Apartment

18 Feb 2025 CW Team

Former Indian cricketer Zaheer Khan, along with his wife, actress Sagarika Ghatge, and her brother, Shivjeet Ghatge, has purchased a luxury apartment in Lower Parel, Mumbai, for Rs 110 million, according to property registration documents reviewed by Square Yards. The transaction was registered in February 2025.

Lower Parel, one of Mumbai’s prime residential and commercial hubs, offers premium living spaces with seamless connectivity to business districts such as Bandra-Kurla Complex (BKC) and Nariman Point. Bollywood stars like Abhishek Bachchan, Shahid Kapoor, and writer Amish Tripathi, have also purchased properties in Lower Parel, as per Square Yards' analysis of IGR property registration documents.

The property acquired by the trio is located in Indiabulls Sky, developed by Equinox India Developments Limited. As per RERA, it is a ready-to-move-in residential project spread across 3 acres, offering 3, 4, 5, and 6 BHK apartments. According to the IGR property registration documents reviewed by Square Yards, the apartment spans a carpet area of 2,158 sq. ft. (~200.47 sq. m) and a built-up area of 240.58 sq. m (~2,590 sq. ft.) and comes with three car parking spaces. The deal incurred a stamp duty payment of Rs 6.6 million and a registration charge of Rs 30,000.

According to Square Yards' Project Data Intelligence, a total of 2 transactions amounting to a gross transaction value of Rs 23o million were registered with IGR in Indiabulls Sky between February 2024 and January 2025. Currently, the average resale property price in the project stands at Rs 49,096 per sq. ft.

Real Estate

06 Feb 2026

IGBC Green Karnataka Summit 2026 Highlights State’s Green Leadership

The CII Indian Green Building Council (IGBC) hosted the first IGBC Green Karnataka Summit 2026 in Bengaluru, bringing together government leaders, urban planners, developers, architects and industry stakeholders to deliberate on “Advancing Sustainability vis-à-vis Climate Resilience in Urban Built Karnataka”.Karnataka currently has 1,539 registered green building projects accounting for a cumulative 1.13 billion sq ft of certified green building footprint, ranking third in India by number of buildings adopting IGBC Green Building Ratings. The summit reinforced a collective shift from inte..

MIC Electronics Bags First PAPIS Order from RCF Kapurthala

MIC Electronics has received a Letter of Acceptance (LoA) from Rail Coach Factory (RCF), Kapurthala, for its first order in the Passenger Announcement and Passenger Information System (PAPIS) segment, marking a new addition to the company’s railway electronics portfolio.The order was awarded following successful evaluation of the company’s bid by the competent authority. MIC Electronics said the scope of work will be executed in line with the agreed rate structure, delivery schedules, inspection requirements, warranty provisions and other standard terms and conditions prescribed by RCF.Com..

Prozo Opens 1.5 Lakh Sq Ft Multi-Client Fulfilment Hub

Prozo has launched its largest multi-client fulfilment hub, a 1.5 lakh sq ft enterprise-grade facility at Horizon Industrial Parks, Gurugram, Haryana, strengthening its expanding national warehousing network. The new site is Prozo’s sixth multi-client facility in Haryana and eleventh in Northern India, within a network of over 50 fulfilment centres spanning 3 million sq ft.Designed as a model warehouse for North India, the facility combines high-specification infrastructure with Prozo’s proprietary technology stack to support complex and high-volume operations for enterprise, retail and D2..