Bollywood Power Couple Shahid Kapoor and Mira Rajput Invest in Luxury Mumbai Apartment
Shahid Kapoor and his wife Mira Rajput have acquired a second luxury sea-view apartment in Mumbai's Worli area
Shahid KapoorMira RajputMumbai Real EstateLuxury ApartmentsOberoi RealtyThree Sixty WestReal Estate MumbaiMay 30, 2024
The newly acquired apartment boasts breathtaking views of the Arabian Sea, situated on the 24th floor and spanning 6,176 square feet. The transaction was completed with a stamp duty payment of Rs 1.75 crore, and the apartment comes with three parking spaces.
The Property's History and Price Appreciation
Chandak Realtors Pvt Ltd had purchased the apartment in February 2023 as part of a bulk deal for Rs 35.31 crore. Now, the Kapoors have acquired it for over Rs 1 lakh per square foot, showcasing a remarkable 50% appreciation in just one year. This substantial price increase is a testament to the burgeoning real estate market in Mumbai.
Project Overview and Future Prospects
Three Sixty West, developed by Oberoi Realty, comprises two towers offering luxurious residences, including 4 BHKs, 5 BHKs, duplexes, and penthouses. The project's name reflects its height of 360 meters, and all apartments face west, providing mesmerizing sea views. This ultra-luxury housing project has attracted high-profile buyers like Shahid Kapoor.
The Kapoors' purchase adds to the flourishing luxury real estate market in India. With a significant year-on-year growth in sales of luxury homes priced at Rs 4 crore and above, cities like Delhi-NCR, Pune, Hyderabad, and Mumbai are witnessing heightened demand. This surge underlines the attractiveness of luxury properties as investments and assets in the Indian real estate landscape.
Oberoi Realty is a renowned real estate developer in India, known for its premium residential and commercial projects. The company has developed several iconic projects in Mumbai, including Three Sixty West, which has become a benchmark for luxury living in the city.
Oberoi Realty is a leading real estate developer in India, with a focus on creating premium residential and commercial projects that epitomize luxury living. With a strong presence in Mumbai, the company has developed several iconic projects that have redefined the city's skyline.
Frequently Asked Questions
What is the value of Shahid Kapoor's new apartment?
Rs 59 crore
Where is Shahid Kapoor's new apartment located?
Worli Mumbai
What is the size of Shahid Kapoor's new apartment?
6 176 square feet
What is the name of the project where Shahid Kapoor's new apartment is located?
Three Sixty West by Oberoi Realty
What is the appreciation in price of the apartment in just one year?
Over 50%
Related News Articles
JK Tyre Boosts Commercial Vehicle Presence in Maharashtra with New Brand Shop
JK Tyre & Industries expands its retail footprint with the launch of its 12th brand shop for commercial vehicles in Maharashtra
Developer Arrested for ₹4.6 Crore Cheating Scandal in Mumbai Real Estate
A Mumbai-based developer has been arrested for cheating a realtor of ₹4.6 crore. The developer had failed to fulfill his commitment to remove illegal encroachments and develop a plot.
Bollywood Star Ronit Roy Buys Luxury Apartment in Mumbai's Versova for ₹18.94 Crore
Mumbai real estate: Ronit Roy and wife Neelam Roy purchase a 4,258 sq ft apartment in Versova area of Mumbai for ₹18.94 crore, according to property registration documents.
Prajesh Bhatia: The Rising Star in India's Luxury Real Estate Market
Prajesh Bhatia's journey from an admirer to a key player in India's luxury real estate market, inspired by Ryan Serhant's innovative branding and strategies, is nothing short of inspiring.
Nifty Realty Plummets 6.5% in Largest Single-Day Decline in 7 Months
Real estate stocks suffered the most in the recent market crash on January 13, with all 10 components of the Nifty Realty index experiencing significant losses.
MHADA Lottery 2025: Results for 2,147 Affordable Homes to Be Announced Today
MHADA lottery 2025: Results for 2,147 affordable homes to be announced today. Stay tuned for the latest updates on the lottery results and how to check them.