Gauri Khan, the renowned Indian film producer and actor, has successfully sold her luxury flat in Mumbai's Dadar West for Rs 11.61 crore, marking a significant profit of Rs 3.1 crore. This transaction highlights the robustness of Mumbai's luxury real estate market and the increasing demand for high-end properties in prime locations.
Mumbai Real EstateLuxury PropertyDadar WestGauri KhanProperty InvestmentReal Estate MumbaiApr 01, 2025
Gauri Khan purchased the flat in Dadar West for Rs 8.51 crore in 2015.
Gauri Khan made a profit of Rs 3.1 crore from the sale of her flat in Dadar West.
The starting price range for luxury flats in Dadar West can vary from around Rs 5 crore to upwards of Rs 20 crore.
Dadar West is popular for its upscale residences, prime location, and proximity to key business hubs, making it a coveted address for affluent buyers.
Several factors contribute to the value appreciation of luxury properties in Mumbai, including prime location, high demand from affluent buyers, and the presence of top-notch amenities and infrastructure.
NCLAT upholds Adani Goodhomes' resolution plan for bankrupt real estate company Radius Estates
A recent report by CBRE South Asia Pvt. Ltd. reveals a significant 46% year-over-year increase in equity investments in the real estate sector, totaling USD 8.9 billion in the first nine months of 2024.
The real estate market in Mumbai remains a hotbed for luxury property transactions, particularly in prime locations like Worli. One such high-profile purchase has recently made waves, as a prominent Indian businessman has acquired two sea-facing apartment
Despite sending invitations to key leaders of the Maha Vikas Aghadi (MVA), prominent figures like Sharad Pawar and Nana Patole boycotted the oath-taking ceremony, citing deep-seated disagreements.
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has directed a real estate developer in Thane to refund the booking amount after deducting 1% of the total flat value to a homebuyer who backed out due to financial difficulties.
Pune, 29th January 2025: The Pune Municipal Corporation (PMC) has announced that there will be no increase in property tax for the financial year 2025-26, bringing relief to the city's residents.