Mumbai Luxury Property Market – Starts from INR 50000 PSF

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luxurypropertiesmumbai
luxurypropertiesmumbai

Want a Premium Property in Mumbai – Prepare upwards of Rs.50000/- PSF upwards for your Purchase of a Swanky New Apartment.

Property DetailsLocationApprox AreaApprox PriceBuyers
81 AureateBandra West388999500000Mr.Faraz Nawab Malik
Mount Mary ApartmentBandra West591841110000000Avdharna Infrastructure Pvt Ltd
Sesen Nepeansea Road78331038000000Abis Realcom LLP
Sesen Nepeansea Road78331036000000SM Daiken
Alhambra Malabar Hill7145950000000Ravindra K Mariwala
Ceejay ResidencesWorli5382450000000Mr & Mrs. Samarth Parekh
AtlantisAndheri West5184310000000Mr.Amitabh Bachchan
Hatkesh SocietyJuhu3456390000000Ms. Janhvi Kapoor
MannatVersova38000975000000Mr.Hritik Roshan
BunglowJuhu
1670000000Mr.Bhushan Kumar
Oberoi 360 WestWorli7527457500000Seller – Mr.Abhishek Bachchan
AtlantisAndheri West4365160000000Ms.Sunny Leone
Raheja ArtesiaWorli677050000000Mr.Deepak Parekh
Raheja ArtesiaWorli370230310000Mr. & Mrs.Dheeraj Relli
Raheja ArtesiaWorli640004280000000Raheja Family – Mr.Chandru, Neel and Ravi Raheja
Supreme ArtvedaBandra West2833308900000Mr.C K Panjwani
Carmichael ResidencesCarmichael Road3185400000000Jatia Family Trust
High Value Mumbai Property Transactions in 2021

The above transaction data is collated from various news and media reports appearing in several public newspapers and online websites etc. The representation of the above data is to only share the trend of the Mumbai Property Market which after a span of 5 years has shown activity in the Premium and High Transaction Value segment.

Mumbai still has dearth of quality properties in the range between 5 to 20 cr and this void needs to be filled up very quickly. There is perpetual demand for New Homes and Ready Possession Properties are the flavor of the day as Home Buyers prefer to move into their homes after paying such High Values and not suspended in the air like under construction buildings.

The sentiment and trend change in the Buyers mind and a tilt towards ready possession properties may see lack luster in New Launches especially in high value properties upwards of 5 to 10 cr as the appetite to wait endlessly in uncertainty is playing on the mind of the home buyer. The good developers with excellent track record like Oberoi Realty, K Raheja Corp, Shapoorji Pallonji, L&T will be benefited from this as the corporate governance in these companies in pretty high and they will continue to get traction from the market.

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