₹162.2 Cr Luxury Apartment Bought in Worli—₹2.5 Lakh/Sq Ft Deal

What actually happened?

A 4‑BHK apartment in Worli was sold for ₹162.2 cr, translating to ₹2.5 lakh per sq ft.

The transaction closed on 12 March 2024, with the buyer’s identity kept private but identified as a high‑net worth individual.

• 4‑BHK, 3,500 sq ft
• ₹15 lakh per BHK cost
• RERA‑registered developer

What it means for buyers

Such high per‑sq‑ft prices set a new benchmark, especially for investors eyeing rental yields in Worli.

Buyers may need to secure larger mortgages or look at newer developments that offer better value for money.

What to watch next

Regulators may tighten RERA guidelines for the luxury segment, affecting future transactions.

Market watchers should monitor price trends in other coastal suburbs and upcoming projects for better investment decisions.