Agarwal Holdings Private Limited has secured a prime land parcel in Mumbai’s Juhu area, valued at ₹455 crore, according to registration documents accessed by SquareFeatIndia provided by Square Yards. The plot, measuring approximately 1,819.90 sq. m (19,589.22 sq. ft.), was acquired from Shapoorji Pallonji Gwalior Private Limited, a subsidiary of the renowned Shapoorji Pallonji Group.
The transaction was completed and registered in November 2024, with a stamp duty of ₹27.30 crore and registration charges of ₹30,000.
This acquisition adds to Agarwal Holdings’ growing portfolio in Juhu, a prestigious and sought-after locality in Mumbai. The company had previously purchased land parcels in the area in September 2022, totaling 6,988 sq. m (~75,218.13 sq. ft.) for ₹332.8 crore.
Juhu is one of Mumbai’s most desirable residential areas, known for its coastal charm, proximity to the international airport, luxury housing options, and well-developed social infrastructure. The locality is a preferred choice for high-net-worth individuals and celebrities, owing to its prime location near Juhu Beach and upscale amenities.
Anand Moorthy, Co-founder and CBO at Square Yards, highlighted Mumbai’s continued appeal as India’s financial capital and a hub for business investments. He noted that key areas like Bandra-Kurla Complex (BKC) and Southern and Western Mumbai are highly sought after for both commercial and luxury real estate. “In a market where land availability is limited and demand remains high, securing land in Mumbai offers a competitive edge and strong potential for return on investment,” he said.
Agarwal Holdings Private Limited, established in 2020, specializes in financial intermediation services, supporting financial institutions like banks, insurance companies, and investment firms. Its services include managing loan applications, conducting credit analysis, offering investment advice, and facilitating financial transactions.
This latest acquisition underscores the continued demand for high-value real estate in Mumbai, particularly in prime locations like Juhu, which remains a key destination for both commercial and residential investments.
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