Weekly Real Estate Traction in India
Pan-India Market Pulse (Week Ending: Feb 21, 2026)
For 123bhk.in – India Real Estate Insights Blog
India’s real estate market this week showcased a balanced mix of luxury residential traction, major commercial partnerships, and emerging demand from Tier-2 cities. Alongside, Bollywood-linked property deals in Mumbai added glamour to the week’s realty headlines. Here’s a comprehensive state-wise roundup of the top real estate developments, investments, and deal highlights across India.
🏠 India Weekly Real Estate Highlights – Key Trends
- Luxury housing continues to dominate metro markets, especially Mumbai and NCR.
- Tier-2 cities like Indore, Lucknow, Jaipur, and Coimbatore remain strong growth engines.
- Commercial real estate investments surged with new joint ventures and mixed-use projects.
- Temple towns and tourism-driven micro-markets are seeing rising developer interest.
- Bollywood celebrities and film-linked investments continue influencing Mumbai’s premium housing sentiment.
📍 State-wise Weekly Real Estate Traction
Maharashtra (Mumbai, Thane & MMR)
🔹 Market Highlights
Mumbai and MMR remained the most active real estate zones this week, driven by luxury purchases, new project launches, and Bollywood transactions.
- Shapoorji Pallonji Real Estate launched a new residential project “Oyster” on Pokhran Road 2 in Thane, highlighting growing demand in peripheral MMR locations with strong connectivity. (Navbharat Times)
- Luxury home purchases continue to fuel stamp duty collections and premium inventory absorption in Mumbai’s upscale micro-markets. (The Times of India)
🎬 Bollywood Real Estate Transactions – Weekly Spotlight
Mumbai saw multiple celebrity-linked property deals this week:
- Arbaaz Khan purchased a 1,243 sq ft apartment in Jogeshwari for ₹2.78 crore, reflecting continued interest in Western Suburbs residential assets. (Hindustan Times)
- Television star Tejasswi Prakash invested ₹7.63 crore in a luxury apartment in Bandra Reclamation, indicating sustained demand in Mumbai’s ultra-premium micro-markets. (housivity.com)
🏆 Top Deal of the Week – Entertainment Infrastructure
- A major long-term lease of five floors in Andheri East to revive RK Studios marks a landmark real estate move tied to Bollywood infrastructure expansion. (The Times of India)
Outlook:
MMR continues to be India’s most dynamic luxury housing market with celebrity purchases driving aspirational demand and price resilience.
Delhi NCR (Gurugram, Ghaziabad, Noida)
🔹 Key Developments
NCR witnessed strong traction in commercial and mid-segment housing this week.
- Signature Global entered a ₹1,283 crore JV with RMZ to develop a 3.94 million sq ft mixed-use project on Gurugram’s SPR corridor. (The Times of India)
- Ghaziabad micro-markets like Indirapuram and Raj Nagar Extension remain hotspots due to improved expressway connectivity and affordability advantage. (The Times of India)
Outlook:
NCR’s growth is being driven by infrastructure-led demand, especially expressway corridors and metro-linked residential belts.
Tamil Nadu (Chennai)
🔹 Weekly Activity
Chennai’s residential inventory and buyer engagement surged due to large-scale developer participation and real estate fairs.
- Over 500 RERA-approved projects across residential, commercial and plotted segments showcased at CREDAI FairPro, emphasizing strong mid-income and luxury housing demand. (The Times of India)
Outlook:
Chennai continues to be a stable end-user market with rising interest in North Chennai, Porur, and Kundrathur corridors.
Karnataka (Bengaluru)
🔹 Market Movement
While no large individual deal dominated headlines, investor confidence remains high with developers pushing project pipelines and institutional investments expected in upcoming quarters.
Developers’ financial cycles indicate steady demand as ongoing premium projects near delivery milestones. (Indian Economy & Market)
Outlook:
Bengaluru remains India’s strongest office market, with residential demand supported by tech-driven employment.
Uttar Pradesh (Lucknow, NCR Satellite Cities)
🔹 Growth Signals
- Lucknow and expressway-driven corridors continue to see strong real estate growth momentum due to infrastructure and smart-city developments. (The Times of India)
Outlook:
UP’s real estate traction is increasingly led by infrastructure-backed expansion and affordable plotted developments.
Rajasthan, Madhya Pradesh & Temple Town Corridors
Developers are actively scouting land in temple towns across these states due to rising religious tourism and infrastructure upgrades. (The Economic Times)
Outlook:
Pilgrimage-based tourism hubs are emerging as the next investment theme in residential and hospitality real estate.
🏆 Weekly Top Deals & Announcements (Pan-India)
🔝 Biggest Commercial Deal
- Gurugram SPR Mixed-Use JV worth ₹1,283 crore (Signature Global & RMZ). (The Times of India)
🔝 Biggest Residential Launch
- Shapoorji Pallonji’s new Thane project “Oyster” targeting urban lifestyle buyers. (Navbharat Times)
🔝 Bollywood Property Moves
- Arbaaz Khan – ₹2.78 crore apartment purchase in Jogeshwari. (Hindustan Times)
- RK Studios revival lease in Andheri (major entertainment infrastructure real estate play). (The Times of India)
📊 Emerging Micro-Market Trends (This Week)
- Premium micro-markets in Mumbai and Bandra continue to attract celebrity and HNI investors.
- SPR Corridor in Gurugram emerging as a mega commercial and mixed-use hotspot.
- Peripheral suburbs (Thane, Ghaziabad, Porur, North Chennai) seeing strong mid-segment absorption.
- Tier-2 cities gaining traction due to affordability and infrastructure upgrades. (The Times of India)
🔮 Weekly Outlook – What Lies Ahead?
- Continued rise in luxury housing share across metros.
- Institutional investments to accelerate commercial office supply.
- Tier-2 cities to remain investor favorites in 2026.
- Bollywood-linked investments to keep boosting Mumbai’s premium sentiment.
- Religious tourism-driven real estate to be a key theme across northern and central India.
✍️ Conclusion
This week’s Indian real estate landscape reflects a resilient and diversified growth pattern. While Mumbai led with celebrity-led luxury deals and new launches, NCR captured investor attention with large-scale commercial collaborations. Chennai and Tier-2 cities showed strong end-user demand, highlighting a balanced nationwide traction.
For investors and homebuyers, the message is clear:
Metro luxury, NCR infrastructure corridors, and Tier-2 affordability markets together define India’s real estate momentum this week.
Stay tuned with 123bhk.in for weekly real estate traction reports, deal analytics, and city-wise property insights across India.