Barnsley FC Chairman Neerav Parekh and Mother Kalpana Parekh Buy Luxury Flats in Mumbai for ₹170 Crore

Barnsley FC chairman Neerav Parekh and his mother Kalpana Parekh have acquired two luxury flats in Mumbai’s Naman Xana for ₹170 crore. The properties, purchased from Karpe Estate Private Limited and Shri Naman Residency Private Limited, boast impressive areas, premium amenities, and significant stamp duty payments.

Peripheral Areas Outshine Mumbai’s Prime Locations in Residential Price Appreciation

Mumbai Metropolitan Region (MMR) is witnessing a shift as peripheral areas like Panvel and Virar are outpacing prime locations such as Worli in residential price appreciation. Enhanced connectivity, improved infrastructure, and affordable housing are driving this growth, making suburban areas increasingly attractive to homebuyers and investors.

Panvel’s Housing Price Surge Outshines Prime Worli in MMR: Peripheral Areas Outpace City Centers in Growth

Mumbai’s peripheral Panvel recorded a 58% surge in housing prices, outshining Worli’s 37% growth over six years. ANAROCK Research reveals similar trends across India, where improved connectivity and infrastructure have boosted peripheral areas, making them strong competitors to traditional prime locations. Explore the rising demand for affordable, spacious housing.

Homes Sold on Tuesday in Worli for Rs 81.45 Crore

In a notable real estate transaction in Worli, Mumbai, Ruchi Jain purchased two apartments for a total of Rs 81.45 crore. The deals, involving properties in Birla Niyara Phase 2, included ten parking spaces and a stamp duty discount for the buyer.

Worli Property sold for ₹107 Crore

In June this year on 27th day a super luxury deal took…