Prabhadevi is known for Siddhivinayak temple where devotees throng, the area is also turning into a luxury real estate hub with film stars like Deepika, Ranveer residing, even top businessmen are also choosing this locality.

Last week on November 28, four apartments and one duplex was sold in Prabhadevi. These apartments are located in the building Twenty Five South.

According to documents provided to SquareFeatIndia by IndexTap.com – Real Estate Advisory Firm the four apartments were sold for a combined value of ₹113.26 crore.

The details include the duplex is Flat No: 4501 & 4601, 45 & 46 Floor, in Tower C, the four apartments are Flat No: 4503, 35th Habitable Floor, Flat No: 4504, 35th Habitable Floor, Flat No: 4502, 35th Habitable Floor, and Flat No: 4501, 35th Habitable Floor, in the building Twenty Five South Tower B, Hindustan Mills Compound, Veer Savarkar Road, Prabhadevi.

The buyer here is Devvrat Developer Pvt. Ltd, while the seller is Twenty Five South Realty Ltd.

The total built up area is 19,922 sq ft as per documents of which the duplex measures 8,094 sq ft, whereas the stamp duty paid for the registration is ₹6.79 crore.

The new owners of the flats and the duplex will also have an access to 11 car parks in the building.

Also Read: Wadhwa unveils new tower ‘Solis’ in Mulund West

You May Also Like

MahaRERA’s Conciliation Forum Redresses 1,749 Complaints

MahaRERA’s Conciliation Forums have redressed 1,749 complaints from homebuyers, emphasizing timely and amicable resolutions. With 533 ongoing hearings and expanding operations, the initiative is gaining traction both within Maharashtra and in other states seeking to adopt similar models.

Luxury Real Estate set to Rebound in 2023

By Subhash Goel India’s luxury real estate continues to be one of…

76% Indians consider real estate as best investment option

The question is answered, even today most Indians prefer real estate as…

MahaRERA Limits Tenure of SRO Representatives, Sets Expertise Requirement

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has capped the tenure of Self-Regulatory Organisation (SRO) representatives at two years. It also mandates that representatives assisting with housing project registrations must be experts in legal, financial, or technical domains. This move aims to enhance the efficiency and transparency of the registration process while avoiding conflicts of interest.