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Hindustan Times
3 days ago
- Business
- Hindustan Times
₹8.5 crore for a 5 BHK apartment in Mumbai's Borivali sparks social media reactions
A 5 BHK apartment in Mumbai's Borivali has been listed for over ₹ 8.52 crore. Spanning more than 2,300 sq ft, the asking price comes to around ₹ 35,000 per sq ft. The listing has sparked a buzz on social media platform X, with users reflecting on the sharp rise in property prices in the suburb over the past two decades. Mumbai real estate update: A 5 BHK apartment in Mumbai's Borivali has been listed for over ₹ 8.52 crore. Spanning more than 2,300 sq ft, the asking price comes to around ₹ 35,000 per sq ft.. (Picture for representational purposes only)(Mehul R Thakkar/HT) While many expressed disbelief, real estate experts say the surge aligns with post-pandemic market trends, with per sq ft rates in Borivali now reaching up to ₹ 56,000. Notably, in 2024, the suburb saw one of its most expensive deals, a 4 BHK luxury apartment sold for ₹ 14 crore at ₹ 56,000 per sq ft. Borivali in the western suburbs of Mumbai is approximately a 2-hour drive from South Mumbai, depending on traffic conditions. According to a listing on a 5 BHK apartment located within a 1-km radius of Borivali railway station was listed for resale at ₹ 8.52 crore. Reacting to the listing, users recalled a time 20 years back when 2 BHK apartments in Borivali were priced between ₹ 15–20 lakh, and 5 BHK units weren't even part of the market supply. "Borivali sells 5 BHK apartments for ₹ 8 crore++ can't believe.. 20+ years ago, during my childhood: 2 BHK was available for ₹ 15-20 lakh in Borivali and 5 BHK didn't exist certainly," said an X user. While some users expressed shock at the current price tag, others said the rise was expected. ' ₹ 1.5 crore with 10% inflation for a BHK over 20+ years... ₹ 8 crore for a 5 BHK today isn't surprising,' one user commented. Another X user cited growth in the stock market over 25 years and said "with the Indian growth story and stock market performance, this much is expected." Also Read: Mumbai records 11,521 property registrations in June, sees 1% YoY dip Borivali's most expensive deal: 4 BHK apartment sold for ₹ 14 crore It should be noted that in 2024, Borivali recorded one of its priciest deals when a 4 BHK luxury apartment sold for ₹ 14 crore, clocking in at ₹ 56,000 per sq ft, according to property registration data accessed by According to the documents, the 4 BHK apartment, which is 2,497 sq ft, is located in a Grade A residential building named Aquaria Grande constructed by the Wadhwa Group. Also Read: Top real estate deal in Mumbai's suburbs: 4 BHK apartment in Borivali sells for ₹ 14 crore at ₹ 56,000 per sq ft This deal was perhaps the highest rate at which a property has been sold in Borivali and the price is at par with other locations like Andheri, Vile Parle, Dadar and Mahim of Mumbai, real estate experts had told Move to Dubai if you have ₹ 8 crore, says X user amid Borivali price buzz Amid the buzz over Borivali's ₹ 8.5 crore apartment listing, one X user suggested that those with such a budget should consider relocating to Dubai instead. 'If you have ₹ 8 crore, it's better to move to Dubai. Start a company in a free zone, get a 2-year resident visa, earn tax-free income, and invest ₹ 4.5 crore in property to qualify for a golden visa. Plus, home loan rates there are down to 3.5%,' the user wrote. What real estate experts say about Borivali's soaring real estate prices According to local brokers, the average price of apartments in Borivali ranges between ₹ 25,000 and ₹ 40,000 per sq ft, with most projects trading around ₹ 30,000 per sq ft. 'Residential apartments in Borivali are typically fetching ₹ 30,000 to ₹ 35,000 per sq ft across most projects,' said Dhiren Joshi, a real estate consultant based in the area. 'In some luxury projects, prices have touched ₹ 40,000 to ₹ 45,000 per sq ft, and the highest so far has been ₹ 56,000 per sq ft,' he said. While Borivali is seeing rapid appreciation, it still remains more affordable compared to Mumbai's most expensive pockets like Pali Hill in Bandra and Worli, where luxury apartment prices range from over ₹ 1 lakh to as high as ₹ 2.84 lakh per sq ft, according to brokers. According to Wikipedia, Borivali gets its name from the abundance of 'bor' bushes that once thrived in the area. These bushes bear a sweet fruit known as 'ber' in English, or berries. The name is believed to be derived from the Marathi words bori-vali, meaning "place of berries." Historically, the region was known for these berry-laden shrubs, which played a key role in shaping its identity and name. Borivali-Goregaon belt witnesses ₹ 40,083 crore in home sales in FY25, driven by redevelopment and demand surge The Borivali-Goregaon corridor recorded home sales worth ₹ 40,083 crore in FY 2024–25, marking a 39% year-on-year growth. The surge has been largely driven by a wave of redevelopment projects and strong end-user and investor demand, said media reports, cementing Borivali's status as a key real estate hotspot in Mumbai. Also Read: Mumbai's housing affordability is at a 15-year high, but homeownership still remains out of reach for most buyers Improved connectivity has further boosted the area's appeal. With the operational Metro Line 2A, seamless access via the Western Express Highway, and the upcoming Mumbai-Ahmedabad bullet train hub, commuting has become significantly easier, making Borivali a preferred choice for homebuyers, reports said.
Hindustan Times
5 days ago
- Hindustan Times
'Drugged, robbed': YouTuber claims terrifying ordeal on train to Guwahati, railways responds
YouTuber Kanika Devrani made a shocking claim about her recent train travel. She alleged that she and her co-passengers were drugged and robbed at New Jalpaiguri Junction Railway Station (NJP) in West Bengal while on board Brahmaputra Mail. Her video has sparked a heated discussion among social media users about train travel safety; a few also tagged IRCTC and West Bengal Police to report the alleged incident. A spokesperson of Northeast Frontier Railways, the zone under which NJP falls, told that an investigation is underway. What did the YouTuber say? YouTube Kanika Devrani claimed that the alleged thief entered a 2AC compartment of the train without any ticket. (Instagram/@kanika_devrani) {{^userSubscribed}} {{^usCountry}} {{/usCountry}} {{#usCountry}} {{/usCountry}} {{/userSubscribed}} {{^userSubscribed}} {{^usCountry}} {{/usCountry}} {{#usCountry}} {{/usCountry}} {{/userSubscribed}} 'Travel safe,' Devrani wrote in an Instagram post along with a video. In a comment on her own post, she added, 'I am safe guys and also I have tweeted regarding the same issue. Thank you for your concern.' Also Read: French tourist in India left traumatised by 46-hour train journey: 'I want to go home' {{^usCountry}} {{/usCountry}} {{^usCountry}} {{/usCountry}} In the video, she claims that during her travel, a stranger boarded the 2AC compartment without a ticket and spoke to some of the passengers while crossing it. She alleges that she had a blackout for a period, and when she came to her senses, her iPhone, kept below her pillow, was missing. She said that her co-passenger, who also lost his mobile phone, had a similar experience. {{^userSubscribed}} {{^usCountry}} {{/usCountry}} {{#usCountry}} {{/usCountry}} {{/userSubscribed}} {{^userSubscribed}} {{^usCountry}} {{/usCountry}} {{#usCountry}} {{/usCountry}} {{/userSubscribed}} {{^usCountry}} Devran continues that someone claiming to be an RPF official later called her mother from her phone and asked for the password. The YouTube further alleges that the police refused to help her. cannot independently verify the claims. What did railways say? {{/usCountry}} {{#usCountry}} Devran continues that someone claiming to be an RPF official later called her mother from her phone and asked for the password. The YouTube further alleges that the police refused to help her. cannot independently verify the claims. What did railways say? {{/usCountry}} {{^usCountry}} 'The lady is presently in Guwahati. Railway Protection Force has registered her complaint, and help of the CEIR portal is being taken to trace her lost phone and nab the criminals. The entire matter is being investigated in detail and strong action will be taken to ensure recurrence of any such incident in the future,' Kapinjal Kishore Sharma, Chief Public Relations Officer, Northeast Frontier Railway, told {{/usCountry}} {{#usCountry}} 'The lady is presently in Guwahati. Railway Protection Force has registered her complaint, and help of the CEIR portal is being taken to trace her lost phone and nab the criminals. The entire matter is being investigated in detail and strong action will be taken to ensure recurrence of any such incident in the future,' Kapinjal Kishore Sharma, Chief Public Relations Officer, Northeast Frontier Railway, told {{/usCountry}} {{^usCountry}} How did social media react? {{/usCountry}} {{#usCountry}} How did social media react? {{/usCountry}} {{^userSubscribed}} {{^usCountry}} {{/usCountry}} {{#usCountry}} {{/usCountry}} {{/userSubscribed}} {{^userSubscribed}} {{^usCountry}} {{/usCountry}} {{#usCountry}} {{/usCountry}} {{/userSubscribed}} 'Very sad to see this, and thank god you're safe, Kanika. @ @railminindia Is it that easy for anyone to enter the 2S class without a ticket, even under the supervision of your employers? This is the safety you're providing to your passengers, especially to females. You must look into this matter and take action as quickly as possible,' an individual questioned. Also Read: Man tears Indian Railway seat cover, throws it out of moving train for Reels. Internet demands action Another added, 'You are safe, that's more than enough. But this is a video we have to share with people who are travelling alone also or who are travelling by train, keep travel safe and stay alert kyunki aisa har train me hota hai. Mereko toh neend hi nahi aati train me raat ko.' {{^userSubscribed}} {{^usCountry}} {{/usCountry}} {{#usCountry}} {{/usCountry}} {{/userSubscribed}} {{^userSubscribed}} {{^usCountry}} {{/usCountry}} {{#usCountry}} {{/usCountry}} {{/userSubscribed}} A third posted, 'Indian Railways must take strong action after such an incident.' A fourth wrote, 'Areey didi khayaal rakho apna.' SHARE THIS ARTICLE ON
Hindustan Times
7 days ago
- Hindustan Times
‘Life jacket chura raha hai yeh': Man accused of stealing safety vest on IndiGo flight in viral video
Jun 26, 2025 10:04 AM IST A video purportedly showing a man stealing a life jacket while travelling on an IndiGo flight has left the internet in disbelief. The video, which is now being shared across varied social media platforms, shows a man offscreen accusing a passenger of taking a safety jacket from the plane. A man on an IndiGo flight is accused of removing and stealing a life jacket. (Screengrab (X)) 'A Passenger got Caught Allegedly Stealing life jacked on Flight,' an X page posted along with the video. The clip starts with a man asking another person to open his bag. The man then opens the bag himself and finds a life jacket inside it. Life vests are kept for each passenger on the flights and are considered mandatory safety equipment. The passenger fumbles and struggles to answer when accused of removing the life jacket. The man, recording the scene, continues that removing the vest can cause serious issues for the next passenger, adding ''Bhaiyaa, ye cheez sahi nehi hai.' The man further continues, "Aap bag mein daal rahein ho.' cannot independently verify the claims in the video. Take a look at the viral video: The video sparked a wave of remarks from social media users. An individual wrote, 'Airplane se travel karne se class nahi aata.' Another posted, 'A criminal act deserving punishment, extremely dangerous, and a serious threat to the lives of the next passengers boarding the flight." Also Read: Indian call centre agents accused of leaking customer data in $400 million Coinbase hack A third expressed, 'Public shaming is good. This might improve some of such idiots.' A fourth wrote, 'What would he have done with the life jacket, had he actually succeeded in stealing it?' has reached out to IndiGo. This report will be updated on receiving a reply.
Hindustan Times
25-06-2025
- Hindustan Times
Crew tells passengers to 'meditate and stay calm' as flight AC fails. Chicago TikToker's viral video
A viral TikTok video shows passengers on a US flight desperately fanning themselves with in-flight manuals and magazines after the plane's air conditioning system failed, all while enduring blistering 130°F (54°C) heat. The advice to meditate didn't go over well with several passengers who were heard mocking the suggestion.(Reddit) Shared by user @brigchicago, the video captures the stifling chaos in the cabin as passengers try to stay cool. However, what really infuriated the passengers was a cabin crew announcement that suggested a way for them to feel calm. 'Folks, we are trying to do our best right now. The sooner we get the air, the better. Please be seated, seatbelts fastened and armrests down. Please meditate and stay calm,' the flight attendant said over the speaker. Take a look at the video here: The advice to meditate didn't go over well with several passengers who were heard mocking the suggestion, with someone exclaiming, 'Are you serious right now?' The video's caption read: "POV: it's 130° on the plane and you are being told to meditate." The clip has sparked widespread outrage online, with many criticising the suggestion to meditate in what appeared to be near-heatstroke conditions. "That is my hell. I find normal planes stuffy and nearly unbearable. I'm a pretty chill person but I'd have a full on panic attack if I was stuck in there," said one user. Another user mocked the suggestion and said, "Might as well brew some hot coffee while you are at it. Get a cup and wait for 5 minutes." A third user said that while the video mocked the suggestion to meditate, this could have become a dangerous situation. "People with medical problems can die from the heat at that temperature. This is a lawsuit waiting to happen," they wrote. One comment claimed that the passengers on the plane were given airport food vouchers and an official apology. cannot independently verify this information. (Also read: 'I'm still shaken': Indian mom, daughter stranded in Kuwait for 36 hours as Iran bombs US bases in Qatar)
Hindustan Times
24-06-2025
- Business
- Hindustan Times
MAIA Estates plans ₹3,000 crore investment to scale up its real estate presence in Bengaluru
Bengaluru-based real estate developer MAIA Estates plans to launch over 4 million sq ft of new housing and commercial projects this financial year, backed by an investment of ₹ 3,000 crore, founder and CEO of the company, Mayank Ruia told Bengaluru-based real estate developer MAIA Estates plans to launch over 4 million sq ft of new housing and commercial projects this financial year, backed by an investment of ₹ 3,000 crore, founder and CEO of the company, Mayank Ruia told . With this expansion, the company's total development footprint in Bengaluru is expected to exceed 2.5 million sq ft by year-end. "The upcoming projects will span across a wide price range, starting from ₹ 2 crore and going up to ₹ 12 crore, with high-end residences priced above ₹ 15,000 per sq ft," Ruia said. Housing projects pipeline Among the developer's recent highlights is the completion of its flagship residential asset, 27 Summit, delivered in 3.5 years. Positioned in the super-luxury segment, homes in the project are priced between ₹ 21 crore and ₹ 27 crore, with rates starting at ₹ 47,000 per sq. ft. Currently, MAIA has 6 to 8 residential projects at various stages, from planning to sales and construction. The company expects to launch 1.5–2 million sq. ft. of new space in FY2026, targeting a cumulative footprint of 2–2.5 million sq. ft. in Bengaluru alone by year-end. "Ticket sizes for its homes range between ₹ 2 crore and ₹ 12 crore, with select properties priced upwards of ₹ 12,000 per sq ft," Ruia said. Nearly 50–60% of MAIA's residential inventory lies in North Bengaluru, where prices vary from ₹ 2.5 crore to ₹ 12 crore. MAIA's developments are concentrated within Bengaluru's inner ring and fast-developing zones in the north. "While prime city-centre areas like Richmond Road and Basavanagudi are earmarked for ultra-luxury residential projects, eastern Bengaluru remains a cautious choice for the brand," he said. Beyond Bengaluru, MAIA made its debut in Chennai in late 2024 with an ultra-luxury residential project comprising eight exclusive homes priced around ₹ 20 crore each. The project is nearly sold out, and additional launches are planned in the city. "The company's development plans are projected to require around ₹ 3,000 crore in capital. Funding will be structured with a one-third split across equity, construction finance, and customer sales," Ruia said. Also Read: Bengaluru's priciest real estate deal: Luxury penthouse in Central Business District sells for more than ₹ 54 crore Foray into commercial real estate MAIA has already raised over ₹ 1,000 crore from CapitaLand for its commercial venture and secured over ₹ 300 crores in the past for residential development through internal accruals and partners It entered the commercial real estate market in February 2025 through a marquee transaction with global real estate player CapitaLand. 'The move complements MAIA's traditionally residential-centric portfolio and is expected to significantly boost its long-term asset base. Plans are underway to triple the company's office footprint over the next 3–4 years, with key focus areas including Bengaluru's Central Business District (CBD), Hebbal, and the Outer Ring Road (ORR),' he said. MAIA currently has 1.5 million sq. ft. of commercial space under development, with future growth pegged to the availability of high-potential land parcels. All ongoing office projects are standalone, and future developments are expected to follow an opportunity-led strategy.
