While we have heard about several realty deals in South Mumbai that have crossed ₹100 crore mark, but very rarely that a deal in Mumbai suburbs have been this huge.

Last week a deal took place in Mumbai’s Western suburbs, this deal was worth ₹100 crore.

According to documents accessed by SquareFeatIndia, a unit located on the ground floor of building named Vini Elegance was sold for ₹100 crore.

So who is the buyer of this ₹100 crore property. Documents reveal that the buyer is Titan Company Ltd.

The seller is Nipun Thakkar, and the total area of the shop is 1815.93 Sq Mt.

The deal was signed on May 18, 2023, a stamp duty of ₹6 crore was paid for the registration of the deal.

Also Read: Realty Deal of Rs 539.83 Cr in Andheri

You May Also Like

Amitabh Bachchan Sells Duplex Apartment in Mumbai for Rs. 83 Crore

Bollywood legend Amitabh Bachchan has sold his duplex apartment in Oshiwara, Mumbai, for Rs. 83 crore. The high-end property in The Atlantis, spanning over 5,700 sq. ft with a spacious terrace and six car parking spaces, reflects a 168% appreciation since its purchase in 2021. The transaction highlights the robust demand for luxury real estate in Mumbai.

Property Prices Surge Across India’s Prime Residential Markets in 2024 Amid Rising Costs

Property prices in India’s prime residential markets saw a significant rise in 2024, with Delhi NCR experiencing a 49% YoY surge. The increase is driven by demand for luxury homes, escalating costs of building materials, and labor. Other cities like Mumbai, Bengaluru, and Pune also reported double-digit price growth. Despite a slowdown in Hyderabad, the overall trend highlights a growing demand for high-end properties, especially in key markets like Delhi NCR. However, the surge raises concerns about affordability, prompting calls for policy adjustments to ensure broader access to housing.

Goyal’s ‘reduce price’ advice doesn’t go down well

Goyal’s advice to developers to reduce price hasn’t gone down well with…

Prices in premium markets of the top 3 cities continue growth streak

The premium residential market in major cities is seeing notable price appreciation,…