A recent sale in Madhuli Housing Cooperative Society (Worli) — the building once occupied by Harshad Mehta — shows units in the block continue to command premium rates. An office unit in the building was sold for ₹5.8 crore, highlighting current market pricing for this landmark Worli address.

Transaction snapshot

  • Sale consideration: ₹5,80,00,000 (₹5.8 crore)
  • Unit area: 124.90 sq. metres (≈ 1,344.4 sq. ft)
  • Price per sq. ft (approx): ₹43,142 per sq. ft
  • Carpet / usable area noted: 1,120 sq. ft (carpet) plus one car parking (No. 27)
  • Registry date: 09/09/2025
  • Stamp duty paid: ₹34,80,000; Registration fee: ₹30,000

Why this sale matters

  • Landmark premium: Madhuli remains one of Worli’s recognized addresses; properties here attract a premium for location and legacy.
  • Retail/office valuation: The sold unit is a shop/office type — its price shows that even non-residential units in prime societies fetch rates comparable with high-end residential benchmarks in Worli.
  • Per sq. ft benchmark: At roughly ₹43,000 per sq. ft, this transaction provides a current market benchmark for other units in the same society and nearby Worli micro-markets.

Quick context on the building

Madhuli gained notable public attention because Harshad Mehta had multiple apartments here; the building’s association with that episode has contributed to its name recognition in Mumbai’s property circles. That recognition, combined with Worli’s ongoing demand, reflects in the prices seen today.


What buyers and observers can read from this deal

  • Premium localisation: Worli continues to command top Mumbai rates — transactions in established co-op societies like Madhuli confirm continued investor and end-buyer interest.
  • Mixed-use value: Shops/offices within premium residential buildings can attain high per-sq-ft valuations — not just pure residential units.

Also Read: Madhuli Bungalow sold for Rs 55 Crore

You May Also Like

Puravankara Secures Malabar Hill Redevelopment Project Worth ₹2,700 Crore

Puravankara Limited, through its subsidiary Purva Blue Agate Pvt Ltd, has secured the redevelopment rights for a 1.43-acre society in Malabar Hill. With a development potential of 0.7 million sq. ft. and a GDV of ₹2,700 crore, the project will deliver new luxury homes to existing residents and create premium inventory for sale. This marks Puravankara’s second major South Mumbai redevelopment after Breach Candy’s Miami Apartments, expanding its city portfolio to 4.25 million sq. ft. with a GDV potential of ₹10,500 crore.

NCR Inventory Overhang Reduces to 27 Months in Q2 2022 From 80 Months Last Year

NCR Inventory Overhang Reduces to 27 Months in Q2 2022 From 80…

India’s GCC Boom: 2,400 Centres, 2.8 Million Jobs by 2030

India to have 2,400+ GCCs and 2.8 million jobs by 2030 — GCC market to hit USD 105–110 billion; Bengaluru dominates, Tier-2 cities emerge as new frontiers; 2025 saw record 80.5 Mn sq. ft. office leasing with GCCs driving 40%+ share — FICCI-ANAROCK report.

Price Heat, Election Jitters Dent Land Deals in Q2 2024, Just 25 for 325+ Acres

The general elections and the heated land prices seem to have dented…