Rockdove Whisky Makers Acquire 10 Flats Worth ₹199.34 Crore in South Mumbai

Hermes Distillery Pvt. Ltd., known for its premium liquor brand Rockdove Whisky, has made a major real estate investment in Mumbai by acquiring ten luxury flats in Marine Lines for ₹199.34 crore. The Prestige Ocean Tower apartments, each spanning 2,482 sq. ft., are part of a growing trend where business leaders invest in South Mumbai’s prime real estate market. With Mumbai’s luxury housing demand soaring, this deal underscores the increasing appeal of high-end residences among corporate buyers.

Ultra-Luxury Homes Sales Soar to ₹4,754 Crore in 2024, Driven by Mumbai’s Strong Demand

In 2024, ultra-luxury home sales across India reached a record ₹4,754 crore, marking a 17% year-on-year increase. Mumbai dominated the market with 52 high-value deals, including properties priced over ₹100 crore. The continued demand from HNIs and Ultra-HNIs, coupled with a growing interest in premium apartments and bungalows, underscores the resilience of India’s luxury real estate market.

Agarwal Holdings Acquires ₹455 Crore Land Parcel in Mumbai’s Juhu Area

Agarwal Holdings has acquired a ₹455 crore land parcel in Mumbai’s upscale Juhu locality from Shapoorji Pallonji Gwalior Pvt. Ltd. This acquisition highlights the sustained demand for real estate in key areas of Mumbai, further bolstering the company’s growing portfolio in one of the city’s most desirable residential destinations.