The luxury residential market in Mumbai recorded another landmark transaction with the sale of a premium apartment in Worli for around ₹123.5 crore. The deal highlights sustained demand for high-end housing in prime city locations, even as buyers remain selective in the broader residential market.
The apartment is located on a higher floor of a luxury residential tower in Worli and offers expansive living space with sea views. The residence has a RERA carpet area of approximately 6,772 square feet, along with an additional balcony or terrace area of about 367 square feet. The size and layout reflect the growing preference among high-net-worth individuals for large, well-designed homes in central Mumbai.
Property registration records indicate that the buyer is an angel investor, while the seller is part of a leading real estate group. The transaction also involved stamp duty payments of over ₹6 crore, underscoring the high value of the asset and the premium nature of the location.
Worli continues to remain one of Mumbai’s most sought-after residential addresses due to its strategic location, strong infrastructure, and proximity to key commercial hubs. The area offers seamless connectivity to South Mumbai, Bandra-Kurla Complex, and Lower Parel, making it attractive for business leaders, entrepreneurs, and senior executives. Infrastructure projects such as improved road networks and coastal connectivity have further enhanced the locality’s appeal.
Market experts note that ultra-luxury residential transactions have remained steady in Mumbai, particularly in limited-supply micro-markets like Worli, Malabar Hill, and Bandra West. Buyers in this segment are largely end-users or long-term investors, which helps maintain price stability despite market fluctuations.
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