Mumbai’s Worli Locality Witness Real Estate Record Amidst Surge in Demand
Mumbai’s Worli locality continues to make headlines in the real estate sector, with the recent acquisition of a sea-view luxury apartment by Urjita Jagdish Master, a prominent stock market investor and director of Deep Financial Consultants. Garnering attention for its impressive price tag of over ?105 crore, this luxury residence has set a new standard in India’s high-end property market.
A Premium Residence on the 59th Floor of Oberoi Three Sixty West
Situated on the 59th floor, specifically the 43rd habitable floor, of Oberoi Three Sixty West, this sea-view apartment boasts an expansive area of 7,139 sq ft. With such remarkable dimensions, it comes as no surprise that the valuation of this property stands at an impressive ?1.50 lakh per sq ft.
The Inclusion of Exclusive Luxury Features
Apart from its prime location and spacious layout, the recent real estate deal also includes exclusive access to five car parking slots, further enhancing the allure of the property. To seal the deal, a substantial stamp duty charge exceeding ?2.89 crore was incurred, further underlining the level of investment.Master has made in this luxury apartment.
Mumbai’s Status as India’s Pioneering Real Estate Market
Mumbai, as India’s largest and costliest real estate market, has always been at the forefront of high-value property transactions. Reportedly, demand for real estate across all segments, including mid-income, premium, and ultra-luxury properties, has soared to unprecedented heights in 2024, setting several record-breaking deals.
The Allure of South and Central Mumbai
South and Central Mumbai, boasting a reputation for housing some of the nation’s most esteemed residences, continue to attract the attention of discerning buyers. Not limited to just industrialists and corporate leaders, the list of high-profile buyers also includes actors, athletes, and now, investors like Urjita Jagdish Master. The sustained allure of South and Central Mumbai reflects the appealing lifestyle, infrastructure, and amenities the region offers to its residents.
The Growth of Worli as a Real Estate Investment Hub
The recent real estate deal in Worli further bolsters the neighborhood’s reputation as a prime investment destination. High-end residential properties situated in this area, like the one acquired by Master, consistently attract substantial investments as they promise unmatched luxury, stunning views, and access to premier amenities. Thus, the transaction in Worli reaffirms the neighborhood’s position as a catalyst for shaping India’s high-value real estate landscape.
In conclusion, Urjita Jagdish Master’s acquisition of a sea-view luxury apartment in Mumbai’s Worli locality not only marks a significant milestone in India’s real estate sector but also highlights the city’s dominance in the high-value property market. Talented so widely recognized promoters making substantial investments only adds to Mumbai’s desirability as an attractive destination for luxury living and discerning property investors.
