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Deepinder Goyal, the founder and CEO of food delivery giant Zomato, has made a significant real estate investment, acquiring a luxurious apartment in Gurugram’s highly sought-after ‘The Camellias’ by DLF. The sprawling residence, located on the coveted Golf Course Road in DLF phase-5, was purchased for ₹52.3 crore.

Documents show that the deal for the 10,813 square-foot super built-up area apartment was finalized in August 2022 and officially registered in March of this year. This acquisition places Goyal among the elite residents of one of India’s most prestigious addresses, known for its opulent amenities and premium lifestyle offerings.

The purchase highlights a broader trend of soaring property values in Gurugram’s luxury real estate market. Market experts estimate that the current value of Goyal’s apartment has already appreciated significantly, now commanding a price between ₹125 crore and ₹150 crore. This sharp increase reflects the robust demand and escalating prices for high-end properties in the region, solidifying The Camellias’ reputation as a prime investment for high-net-worth individuals.

Source :- Reality ET

Elan Group, a prominent Gurgaon-based developer, has recently secured a substantial ₹250 crore in funding from Piramal Finance. This significant investment is earmarked for the construction of a new commercial project in the bustling city of Gurgaon, set to span over an impressive one million square feet. This latest financial injection underscores the confidence investors have in Elan Group’s vision and the robust potential of the Gurgaon real estate market.

Strategic Financial Backing

This isn’t the first time Elan Group has attracted considerable investment. The current construction finance deal with Piramal Finance follows a substantial ₹1,200 crore funding secured from Kotak Real Estate Fund just last year. Furthermore, in 2022, the group successfully raised $110 million (equivalent to approximately ₹900 crore) from PAG, a leading global alternative investment firm. These successive rounds of funding highlight Elan Group’s strategic approach to financial management, ensuring robust capital for its ambitious projects. The company’s primary objective with these funds is to fast-track its diverse projects across the region, bringing them to completion more efficiently and rapidly.

Expanding Project Portfolio – Elan Group

Beyond financial milestones, Elan Group has also been active on the development front. The company recently awarded two major construction contracts, collectively valued at a remarkable ₹2,000 crore, to Leighton Asia. These contracts are specifically for two of their highly anticipated projects: Elan The Presidential, a luxury residential development located in Sector 106, Dwarka Expressway, and Elan Imperial, a new luxury commercial project situated in Sector 82, Gurgaon. These projects underscore Elan Group’s commitment to delivering high-quality, aspirational spaces in both the residential and commercial segments.

Elan Group’s comprehensive portfolio currently boasts 15 projects, strategically spread across the residential, retail, commercial, and hospitality sectors. These developments are concentrated in key locations such as Gurgaon and New Delhi, collectively offering an expansive 25 million square feet of built-up area. This diverse portfolio positions Elan Group as a multifaceted player in the real estate market. In a notable strategic move in 2022, the group also ventured into the exclusive luxury residential segment with the successful launch of Elan The Presidential, marking a new chapter in their growth story.

Positive Market Trends

Elan Group’s recent successes are set against a backdrop of a thriving Indian real estate market. According to Savills India, a globally recognized real estate consulting firm, private equity investment inflows into the Indian real estate sector experienced a significant surge in the first half of 2025. These inflows reached an impressive $2.4 billion (approximately ₹20,000 crore), marking a substantial 38% year-on-year increase. This robust growth in investment signals a strong and optimistic outlook for the real estate sector in India, further supporting Elan Group’s expansion and development initiatives.

The sustained investment and development activities by companies like Elan Group are crucial indicators of a dynamic and growing real estate landscape in the National Capital Region and beyond.

Source :- Economic Times

The debate over leasehold vs freehold land in Mumbai is a critical conversation for anyone looking to invest in the city’s dynamic real estate market. As you browse listings for your dream apartment, especially in premium and luxury segments, you’ll encounter these two fundamental types of property ownership. While it might seem like a minor detail, the difference between leasehold and freehold has profound and lasting implications on your rights, your finances, and your future peace of mind.

This comprehensive guide will walk you through everything you need to know, breaking down the complexities and empowering you to make an informed and confident investment decision in India’s financial capital.

What Exactly is Freehold Property?

In simple terms, freehold ownership is the most complete and straightforward form of property ownership. When you purchase a flat in a building constructed on freehold land, the housing society (of which you are a member) owns the building and, crucially, the land it is built upon, in perpetuity.

Key Advantages of Freehold Property:

• Absolute Ownership: There is no ambiguity. You and the other society members are the outright owners.
• No Lease Expiration: You don’t have to worry about a lease running out or the associated renewal fees.
• Greater Control: The society has more autonomy over the property, including decisions about redevelopment in the future.
• Easier Financing: Banks often view freehold properties more favourably, which can simplify the home loan process.

Understanding Leasehold Property in Mumbai

The concept of leasehold vs freehold land in Mumbai becomes more complex with leasehold properties. When you buy a leasehold apartment, you are buying the rights to the structure (your apartment) for a fixed term, but not the land itself. The land is owned by a landlord (which could be a private entity, a trust, or the government) and is leased to the developer or the housing society for a specific period, commonly 30, 60, or 99 years.

Many of Mumbai’s most sought-after locations, including areas in South Mumbai, Bandra, and Andheri, have a high concentration of properties on leasehold land. This is often due to historical land ownership patterns.

The Central Concern: The primary anxiety for leasehold property owners revolves around the question: what happens when the lease expires? The uncertainty includes:

• Will the lease be renewed automatically?
• What will the renewal premium (cost) be? It could be a substantial amount.
• Does the land and the building on it revert to the original landowner?
• Could property values plummet as the lease expiration date nears?

The Core Debate: Leasehold vs Freehold Land in Mumbai

When weighing your options, the decision isn’t always clear-cut. While freehold seems superior on paper, the availability and location of properties often push buyers towards leasehold options.

Ownership, Rights, and Future Security

The most significant difference lies in security. Freehold property offers a sense of finality. With leasehold, you are essentially a long-term tenant of the land. This can create complications for future generations who inherit the property, as they will also inherit the lease and its eventual expiration.

Financial Implications and Market Value

Leasehold properties can sometimes be slightly more affordable than their freehold counterparts in the same locality. However, this initial benefit can be offset by the long-term financial risks. As a lease shortens (e.g., drops below 30-40 years), it can become more difficult to sell the property or secure a loan against it, potentially impacting its market value.

Expert Advice: Your Due Diligence Checklist

Legal experts strongly recommend extreme caution and thorough investigation before investing in a leasehold property.

1. Scrutinize the Lease Deed: This is non-negotiable. Your lawyer must examine the lease deed to understand its specific clauses on renewal, rent escalation, and transfer of ownership.
2. Verify the Remaining Lease Period: A longer remaining lease (ideally 60+ years) offers more security.
3. Investigate the Landowner: Understand who the freeholder (the original landowner) is. Is it a government body like MHADA or a private trust? Government leases are often perceived as more stable.

What Do Mumbaikars Think?

The discussion isn’t just for experts. Online forums and community groups are filled with Mumbai residents sharing their experiences. Many express a strong preference for freehold properties, citing the “buy it and forget it” peace of mind. Others argue that leasehold is an unavoidable reality in many prime areas and that with proper legal checks, it remains a viable option. The consensus is clear: awareness and due diligence are paramount.

Source : HindustanTimes