The property, situated in the upscale Kohinoor Altissimo residential project developed by Kohinoor CTNL Infrastructure Company Pvt Ltd, boasts a spacious built-up area of 184.42 sq. m. (1,985.04 sq. ft.) and a carpet area of 1,803.94 sq. ft. (167.55 sq. m.). The luxurious apartment also includes two car parking spaces.

According to the property registration documents available on the website of the Inspector General of Registration (IGR) Maharashtra, the deal incurred a security deposit of ₹27.16 lakh and registration charges amounting to ₹30,000.

Prime Location and Connectivity

Dadar West, one of Mumbai’s most sought-after residential localities, is renowned for its strategic connectivity and well-established infrastructure. It serves as a key transit hub, offering seamless rail and road connectivity. The area connects both Western and Central railway lines and is situated near major highways like the Eastern and Western Express Highways. Additionally, the locality is in proximity to prime destinations such as Shivaji Park, Prabhadevi, Matunga, and Worli, making it a preferred choice among homebuyers and investors.

Gauri Khan’s Real Estate Investment Journey

The Kohinoor Altissimo property was originally purchased by Gauri Khan in August 2022 for ₹8.5 crore. The recent sale at ₹11.61 crore highlights a robust return on investment, reflecting the high demand and escalating property values in Dadar West.

About Gauri Khan

Gauri Khan, apart from being the wife of Bollywood icon Shah Rukh Khan, is a celebrated interior designer and entrepreneur. She has made a mark not only in the design world but also in the entertainment industry as the co-founder of Red Chillies Entertainment. Known for her signature luxury designs under the label Gauri Khan Designs, she has worked with high-profile clients and curated lavish interiors. Her contributions to both film and design have earned her several accolades, including recognition in Forbes India’s list of powerful women.

Luxury Real Estate Trends

The impressive appreciation in Gauri Khan’s Dadar West property indicates a continued upward trend in Mumbai’s luxury real estate market. The area’s premium connectivity and elite residential projects continue to attract affluent buyers and investors, contributing to the rising property prices.

Conclusion

This successful transaction underscores the growing value of strategically located luxury properties in Mumbai. Gauri Khan’s profitable sale not only highlights her acumen as a real estate investor but also emphasizes Dadar West’s status as a prime real estate destination.

Also Read: Shah Rukh Khan Seeks Rs 9 Crore Refund from Maharashtra Government for ‘Mannat’ Land

The post Gauri Khan Sells Dadar Apartment for ₹11.61 Crore, For 37% Profit appeared first on Square Feat India.

Historically known for its affordable housing options, the Kalyan-Dombivli region is undergoing a transformation, driven by the development of integrated townships like Palava. With these recent transactions, Palava has now positioned itself as a strong contender in Mumbai’s luxury real estate space. The properties in Lodha Golfview, priced at around ₹15,200 per square foot, signal the growing demand for premium homes in areas outside of Mumbai’s traditional high-end neighborhoods.

Real estate experts suggest that these transactions reflect a broader trend of homebuyers seeking upscale living experiences in emerging markets, as opposed to Mumbai’s well-established luxury hubs. The rise of Palava, with its mix of high-end amenities, green spaces, and proximity to Mumbai and Navi Mumbai, has made it an increasingly attractive destination for affluent buyers looking for more space and a quieter environment.

With these recent high-ticket deals, the Kalyan-Dombivli region appears poised for further growth in the luxury housing sector, as developments like Palava continue to reshape the real estate landscape and challenge traditional perceptions of premium urban living in the Mumbai Metropolitan Region.

Also Read: lodha interest rate

The post Lodha Golfview in Palava Sees Two Transactions Valued at ₹8.5 Cr Each appeared first on Square Feat India.