?105-Crore Luxury Apartment Deal
The deal, finalized and registered on November 13, includes exclusive access to five car parking slots and incurred a substantial stamp duty charge exceeding ?2.89 crore. The transaction highlights the continued appeal of South and Central Mumbai, known for hosting some of the nation’s priciest residences and high-profile buyers, including industrialists, corporate leaders, actors, and athletes.
Mumbai, India’s largest and costliest real estate market, has witnessed a surge in luxury property sales, especially in 2024. Demand across mid-income, premium, and ultra-luxury segments has reached unprecedented levels, driving record-setting transactions. Areas like Worli remain pivotal to this trend, attracting significant investments in high-end residential properties.
The deal underscores Mumbai’s dominance in the high-value property market and its role in shaping India's real estate landscape.