Godrej Heiress Tanya Dubhash Acquires Rs 226-Cr Luxury Duplex in Mumbai's Worli
Shaula Real Estates Pvt Ltd, a company associated with businesswoman Tanya Dubhash of the Godrej Industries Group, has acquired a sea-facing luxury duplex apartment in Mumbai’s plush Worli locality for nearly Rs 226 crores.
The apartment, spanning 11,485 sq ft, is located on the 30th and 31st floors of the 40-storey super-premium tower, Naman Xana, on Worli Sea Face. This transaction was concluded in the last week of May and registered with the Inspector General of Registration, as per documents reviewed by Square Yards.
Based on the total transaction value of Rs 225.76 crore, the per sq ft rate works out to around Rs 2.45 lakh on the carpet area of 9,214 sq ft. On the total built-up area, the rate comes to around Rs 1.97 lakh per sq ft. Godrej Industries Group declined to comment on the transaction.
This acquisition precedes a record-breaking purchase by Leena Gandhi Tewari, chairperson of the multinational pharmaceutical and biotechnology company USV Ltd. Tewari acquired two sea-facing luxury duplex apartments in the same Naman Xana tower for Rs 639 crore. The deal involved a total area of 22,572 sq ft spanning the 32nd to 35th floors of the tower. At over Rs 2.83 lakh per sq ft on a carpet basis, this transaction sets a new benchmark as the most expensive residential property sale ever recorded in India.
Shaula Real Estates, incorporated in March, is a Mumbai-based private company involved in real estate activities. The company's recent acquisition showcases the growing trend of high-net-worth individuals investing in premium real estate in Mumbai, one of the most expensive cities in the world.
The Naman Xana tower, known for its luxurious amenities and prime location, has become a sought-after address for the city's elite. The tower offers breathtaking views of the Arabian Sea and is equipped with state-of-the-art facilities, making it a prime choice for those looking for the ultimate luxury living experience.
This transaction highlights the robust real estate market in Mumbai, particularly in upscale neighborhoods like Worli, where demand for premium properties remains strong despite economic uncertainties.
