The Zydus Family Trust, linked to Zydus Lifesciences Limited, has purchased a luxury apartment worth Rs 2 billion in Mumbai’s Worli. The 17,384 sq ft property, According to real estate experts, the per-located on the 61st floor of Oberoi Three Sixty West, was purchased in the name of the trust, including Pankaj Patel, Priti Patel, and Sharvil Patel.
The purchase involved a stamp duty payment of Rs 7.04 crore and a registration fee of Rs 30,000. The project, which includes two towers with 4 BHK, 5 BHK, duplexes, and penthouses, is home to celebrities and industrialists as a private elevator, infinity pool, concierge services, and advanced security systems.
Zydus Trust has made headlines with its acquisition of a luxury flat worth Rs 2 billion in Mumbai’s upscale Worli neighborhood. The purchase marks one of the most expensive residential real estate transactions in the city, highlighting the growing demand for premium properties in Mumbai’s prime locations.
Details of the Transaction The luxury apartment, spanning approximately 10,000 square feet, is located in a high-end residential tower in Worli. The deal was finalized through a direct purchase agreement, with duty and registration charges adding a significant sum to the total cost. According to real estate experts, the per-square-foot price reflects the increasing property values in South Mumbai’s elite enclaves.
Prime Location and Exclusive Amenities Worli has long been a preferred destination for India’s ultra-high-net-worth individuals (UHNIs), celebrities, and business magnates. The area boasts world-class infrastructure, proximity to commercial hubs, and breathtaking sea views. The purchased flat is part of a premium development featuring state-of-the-art amenities such.
Real Estate Trends in Mumbai’s Luxury Market Mumbai’s luxury real estate sector has witnessed a surge in high-value transactions despite market fluctuations. The demand for spacious, ultra-luxurious residences has remained strong, driven by as a private elevator, infinity pool, concierge services, and advanced security systems.
Business leaders and investors looking for high-end properties in strategic locations. Experts believe that factors such as limited supply, premium location advantages, and increasing wealth accumulation are fueling record-breaking deals private elevator, infinity pool, concierge services, and advanced security systems.
Impact on the Real Estate Market The Zydus Trust’s purchase is expected to further strengthen Mumbai’s position as a prime destination for luxury real estate investments. It underscores the city’s ability to attract high-net-worth buyers willing to invest in premium residences, setting new benchmarks for property values in Worli and beyond.
Future Outlook With continued demand and rising valuations, Mumbai’s luxury luxury real estate sector continues to witness housing segment is poised for sustained growth. Experts anticipate more high-value transactions in the coming months as investors and business leaders continue to seek exclusive properties in the city’s prime locales.
Transaction Details The apartment, spanning approximately 10,000 square feet, is situated in a high-end residential tower in Worli. The purchase was finalized through a direct agreement, with additional costs in stamp duty and registration charges. The per-square-foot price reflects rising property values in Mumbai’s elite locations.
Prime Location and Amenities Worli remains a top choice for ultra-high-net-worth individuals (UHNIs), offering world-class infrastructure, proximity to commercial hubs, and stunning sea views. The residence is part of a premium development that includes a private elevator, infinity pool, concierge services, and high-end security features.
Market Impact and Outlook This acquisition reinforces Mumbai’s status as a luxury real estate hotspot, setting new benchmarks for property valuations in Worli. Experts anticipate continued demand for high-end properties, with more high-value transactions expected in the coming months as investors seek exclusive residences in prime locations.
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