In Mumbai, Sea-Facing Ultra-Luxury Apartments Go For Rs. 151 Crore. This year, Mumbai's residential market has registered a record number of ultra-premium deals. Another transaction that made headlines was the Rs. 151 crore acquisitions of two opulent seafront apartments. The flats are situated in the mixed-use skyscraper development in Worli, Mumbai, which is almost finished. Continue reading to learn the shocking details of the transaction.
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IGE India Pvt Ltd, one of the investment entities owned by the Dabriwala family, has purchased two flats in the opulent "Three Sixty West" development in Worli, South Mumbai. The 58th and 59th floors of Tower B are home to these two seafront flats, which were recently sold for over Rs 151 crore. The project, which is on Dr Annie Besant Road, just received its Occupancy Certificate (OC), which led to an increase in costs. The Ritz Carlton Hotel is located in one of the two towers of the nearly finished mixed-use skyscraper complex, which also includes luxury homes operated by the international hotel brand. The transaction was filed on September 8, 2022, according to market reports.