Banke International Properties Eyes Rs 1,000 Crore Target Following Strong Rs 587 Crore Performance in Mumbai Market
Mumbai, April 25, 2026: Banke International Properties – India has recorded approximately Rs 587 crore in gross transaction value over the last financial year. This figure represents a robust year-on-year growth of roughly 20%, a surge that reinforces the firm’s accelerating momentum within one of the nation’s most competitive real estate landscapes. Following this strong showing, the company has set its sights on a significant Rs 1,000 crore milestone for the upcoming year, fueled by strategic expansions and a shift in homebuyer behavior, the company said in a press release.
The residential sector served as the primary engine for this growth, accounting for nearly 90% of the total transaction value, while commercial real estate comprised the remaining 10%. Within the residential bracket, premium housing emerged as a dominant driver at 40% of transactions, followed by luxury properties at 20%, with mid-segment demand rounding out the portfolio. Market data indicated a steady demand within the Rs 1 crore to Rs 2 crore price range, signaling a clear trend of buyers prioritizing reputable developers and premium locations to secure enhanced lifestyle offerings.
Banke’s successful trajectory was bolstered by high-profile partnerships with industry leaders such as Lodha, Runwal, Godrej Properties, and Paradise Group. These collaborations provided the firm with superior inventory access and pricing alignment, facilitating faster closures. Geographically, Thane emerged as the top-performing micro-market, contributing 35% of the total value, supported by consistent sales across Navi Mumbai, South Mumbai, and the Central and Western suburbs. The company noted that end-users accounted for 70% of transactions, while investors seeking capital appreciation made up the final 30%.
Reflecting on the firm’s strategic direction, Porush Jhunjhunwala, Founder & CEO of Banke International Properties – India, stated: “In real estate, true scale is not defined by numbers alone, but by the depth of relationships, the integrity of advice, and the consistency of execution. In this evolving market, our focus remains on building a platform that delivers enduring value to both clients and partners while we look at setting new benchmarks for professionalism in the industry.”
Looking toward the future, the firm is aggressively pursuing the Rs 1,000 crore mark by exploring development opportunities in plotted land projects that align with the state government’s “Mumbai 3.0” vision. The recent inauguration of a new office in Andheri is expected to be a critical catalyst for this expansion, specifically targeting growth across the Western suburbs stretching from Bandra to Borivali. By combining an advisory-led approach with deep market expertise, Banke aims to double its performance and solidify its reputation for transparency and end-to-end service.
