A bungalow located in Carmichael Road, the Beverley hills of Mumbai, was sold for an astounding amount of ₹220 crore.

According to documents accessed by Squarefeatindia provided by Zapkey.com the bungalow named as Sunny Ville located at Carmichael Road.

Here are the details.
Date of Transfer: 10th April 2023
Consideration Amount: ₹220 Crore
Transaction type: Deed of Transfer
Stamp duty: ₹13.20 Crore

Transferor: The Estate of Ernie Kharshedji Dubash alias Ernawaz Khershedji Dubash through her surviving will executors Adi N Palia, Darious Sorab Cambatta, Cyrus Soli Nallaseth, Adi Hirji Jehangir, Chetan Mahendra Shah

Transferee: B G H Properties Ltd
Buyer profile: Holding company linked with the Aditya Birla Group having some common directors

Property details: Entire land viz. City Survey No.1B/722, Malabar & Cumballa Hill Division, Total Area – As per accompanying tract 1840.31 sq.m. and actual site measuring 1847.236 sq.m., Carmichael Road, ML Dahanukar Marg, Mumbai-400026 and the construction thereon namely Sunny Ville Bungalow, Ground Floor+1st Floor + Part of 2nd Floor, Total Construction 18,494.05 Sq.Ft. Built up and Along with Covered Garages – Area -190 Sq. ft. Built up each

Mumbai has very few bungalows remaining and hence demand a premium when they are sold.

Also Read: Malabar Hill flat sold for Rs 1.26 lac PSF

You May Also Like

Maharashtra Govt Reverses Harsh Rule on Mill Workers’ Housing Allotment — “No More Lifetime Ban for Rejecting an Offered Home”

In a major relief for Mumbai’s mill workers, the Maharashtra government has withdrawn a rule that permanently barred workers from MHADA housing if they refused an offered home, restoring fairness to the long-pending housing scheme.

Approvals & Clearances Builder’s Duty, Home Buyers Can’t Suffer Delays

“Getting approvals, sanctions, environmental clearance, etc., is the builder’s responsibility. Buyers cannot be made to suffer for these delays,” ruled MahaRERA while directing full refund with interest to homebuyers in the Vardhaman Park project.

Why the Festive Season is the Ideal Time to Invest in Your Dream Home

The festive season in Mumbai has sparked a remarkable surge in property registrations, making it an ideal time for homebuyers to invest. With attractive discounts, favorable home loan schemes, and a plethora of new project launches, this period offers unique opportunities to secure a dream home. Ms. Manju Yagnik discusses the various benefits of investing during this vibrant season, emphasizing the potential for long-term appreciation and the advantages of government policies aimed at promoting homeownership.

🏗️ What Is M-Sand? Maha’s New Policy Pushes for Artifical Sand An Alternative to River Sand, Will It Reduce Your Home Prices?

Maharashtra’s revised M-Sand Policy aims to replace river sand with manufactured sand, making construction faster, cheaper, and sustainable — benefiting both environment and homebuyers.