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
