SR Menon Buys Property worth Rs 1.87 Bn in Worli

19 Mar 2025 CW Team

Worli is one of South Mumbai’s most sought-after luxury residential markets, known for its premium high-rises and sea-facing apartments. The locality offers seamless connectivity via the Bandra-Worli Sea Link, Eastern Express Highway, and key arterial roads, enhancing accessibility to business districts like BKC and Nariman Point. With world-class social infrastructure, upscale retail, and proximity to commercial hubs, Worli continues to attract HNIs, celebrities, expatriates, and senior professionals.

The property is located in Worli, in Lodha Sea Face, a luxury residential project developed by Macrotech Developers Ltd., also known as Lodha Group. According to RERA, the project is spread across 1.5 acres and comprises a total of 29 residential units featuring 5 BHK and 6 BHK configurations.

As per the IGR property registration documents reviewed by Square Yards, the purchased apartment features a carpet area of 1,381.09 sq. m. (~14,866 sq. ft.). It comes with a total of seven car parking spaces. The transaction incurred a stamp duty payment of Rs. 11.25 crore and registration charges of Rs. 30,000. The transaction was a primary sale and was purchased from Macrotech Developers Ltd.

According to Square Yards Data Intelligence, Worli recorded a total 683 residential registrations across primary and secondary market with a total transaction value of Rs. 7,326 crore between January and December 2024. The average residential property price including primary and secondary properties in the locality stood at Rs. 84,754 per sq. ft as of December 2024.

SR Menon Properties LLP, an Indian Limited Liability Partnership (LLP), was incorporated on in May 2024. The LLP has a total of two designated partners: Radhika Narang Parasram and Sudhir Vijay Menon.

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SR Menon Properties LLP have purchased an apartment in Worli, Mumbai, for Rs 1.87 billion, according to property registration documents reviewed by Square Yards on the website of Inspector General of Registration (IGR) https://igrmaharashtra.gov.in. The transaction was registered in March 2025. Worli is one of South Mumbai’s most sought-after luxury residential markets, known for its premium high-rises and sea-facing apartments. The locality offers seamless connectivity via the Bandra-Worli Sea Link, Eastern Express Highway, and key arterial roads, enhancing accessibility to business districts like BKC and Nariman Point. With world-class social infrastructure, upscale retail, and proximity to commercial hubs, Worli continues to attract HNIs, celebrities, expatriates, and senior professionals. The property is located in Worli, in Lodha Sea Face, a luxury residential project developed by Macrotech Developers Ltd., also known as Lodha Group. According to RERA, the project is spread across 1.5 acres and comprises a total of 29 residential units featuring 5 BHK and 6 BHK configurations. As per the IGR property registration documents reviewed by Square Yards, the purchased apartment features a carpet area of 1,381.09 sq. m. (~14,866 sq. ft.). It comes with a total of seven car parking spaces. The transaction incurred a stamp duty payment of Rs. 11.25 crore and registration charges of Rs. 30,000. The transaction was a primary sale and was purchased from Macrotech Developers Ltd. According to Square Yards Data Intelligence, Worli recorded a total 683 residential registrations across primary and secondary market with a total transaction value of Rs. 7,326 crore between January and December 2024. The average residential property price including primary and secondary properties in the locality stood at Rs. 84,754 per sq. ft as of December 2024. SR Menon Properties LLP, an Indian Limited Liability Partnership (LLP), was incorporated on in May 2024. The LLP has a total of two designated partners: Radhika Narang Parasram and Sudhir Vijay Menon.

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