Browsing Tag
Juhu
40 posts
Juhu Home Sold for ₹1.08 Lakh per Sq Ft
Juhu has witnessed a landmark real estate deal with a 9,863-square-foot luxury apartment selling at an unprecedented ₹1.08 lakh per square foot, bringing the total transaction value to ₹106.52 crore. The buyer, Sahastraa Advisors Pvt. Ltd., led by Paresh Shah and Avni Shah, acquired the unit in Lodha Avalon, an upcoming ultra-luxury project by Macrotech Developers. The MahaRERA completion date for the project is set for September 2028. This sale marks a new benchmark in Mumbai’s high-end real estate market.
MHADA Reclaims Eight Acres of Encroached Land in Juhu-Andheri
MHADA has reclaimed eight acres of encroached land in Juhu-Andheri following a Bombay High Court order. Unauthorized structures were cleared after the court denied a stay on their removal. The land, originally part of a slum rehabilitation project, was found ineligible for redevelopment. Despite ongoing litigation, illegal sheds were erected, prompting MHADA to take action. The clearance drive was carried out under official directives to enforce land reclamation and urban planning regulations.
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.