
Mumbai's Luxury Real Estate Market Soars to New Heights
Mumbai's ultra-luxury real estate market is witnessing unprecedented growth, with record-breaking transactions highlighting the city's premium property landscape.
Key Highlights:
Leena Gandhi Tewari's Landmark Purchase
Leena Gandhi Tewari, Chairperson of USV Ltd., acquired two sea-facing duplex apartments in Worli for ₹639 crore. Including stamp duty and GST, the total investment amounts to approximately ₹703 crore. The combined area of these residences is 22,572 sq ft, making it one of the most expensive residential deals in India.
Uday Kotak's Premium Acquisition
Billionaire Uday Kotak purchased 12 luxury apartments in the Shiv Sagar building at Worli Sea Face for ₹202 crore. This deal translates to over ₹2.7 lakh per sq ft, setting a new benchmark in the country's residential property market.
Niraj Bajaj's Triplex Apartment
Niraj Bajaj, Chairman of Bajaj Auto, bought a sea-facing triplex apartment in Malabar Hill for ₹252.5 crore. The residence spans 18,008 sq ft, with a per sq ft rate of ₹1.40 lakh.
These transactions underscore the robust demand for luxury residences in Mumbai's prime locations.
At Luxanto Realty, we specialize in navigating this dynamic market, offering expert property management services tailored to high-value assets. Whether you're a property owner or investor, our team is equipped to maximize your property's potential in this thriving landscape.