SR Menon Properties LLP has made a significant purchase in Mumbai’s upscale Worli neighborhood, acquiring an apartment for ₹187.47 crore, according to property registration documents reviewed by Square Yards on the website of the Inspector General of Registration (IGR) Maharashtra. The transaction was officially registered in March 2025.
Details of the Property
The purchased apartment is located in Lodha Sea Face, a luxury residential project developed by Macrotech Developers Ltd. (Lodha Group). According to RERA records, the project spans 1.5 acres and consists of 29 premium residential units with 5 BHK and 6 BHK configurations.
As per the property registration documents, the apartment features a carpet area of 1,381.09 sq. m. (~14,866 sq. ft.) and comes with seven car parking spaces. The buyer, SR Menon Properties LLP, paid a stamp duty of ₹11.25 crore and registration charges of ₹30,000. This was a primary sale, directly purchased from Macrotech Developers Ltd.
Luxury Living in Worli
Worli remains one of South Mumbai’s most sought-after luxury residential markets, known for its high-end high-rises and sea-facing apartments. The area boasts seamless connectivity via the Bandra-Worli Sea Link, Eastern Express Highway, and key arterial roads, ensuring quick access to business hubs like BKC and Nariman Point. With world-class social infrastructure, premium retail spaces, and proximity to commercial centers, Worli continues to attract high-net-worth individuals (HNIs), celebrities, expatriates, and senior professionals.
Worli’s Real Estate Market Trends
According to Square Yards Data Intelligence, Worli recorded a total of 683 residential registrations across the primary and secondary markets between January and December 2024, with a total transaction value of ₹7,326 crore. The average property price in the locality, covering both primary and secondary sales, stood at ₹84,754 per sq. ft. as of December 2024.
About SR Menon Properties LLP
SR Menon Properties LLP is an Indian Limited Liability Partnership (LLP) incorporated in May 2024. The firm is led by two designated partners: Radhika Narang Parasram and Sudhir Vijay Menon.
This transaction highlights the continued demand for ultra-luxury residences in Mumbai, reaffirming Worli’s status as a prime destination for high-value real estate investments.
SFI Analysis
This transaction highlights the resilience of Mumbai’s ultra-luxury real estate market, with premium properties in locations like Worli continuing to command record-breaking prices. The ₹187 crore price tag reflects both the scarcity of high-end properties and the demand from HNIs and institutional buyers. Despite economic fluctuations, Mumbai’s luxury housing segment remains a stable investment due to strong infrastructure, proximity to commercial hubs, and long-term appreciation potential. The increasing number of high-value transactions in Worli suggests that developers are successfully catering to a niche yet robust market of high-end buyers.
Also Read: Worli Flat Sold For ₹51 Crore
