KKR India CEO Gaurav Trehan Buys Luxury Apartment in Malabar Hill for ₹88 Crore
Located on the sixth floor of Morena House on Carmichael Road, the apartment spans 4,947 square feet, complemented by an additional deck and balcony area of 434 square feet, offering ample open-air spaces. It also includes four dedicated car parking space
Kkr IndiaGaurav TrehanMalabar HillLuxury ApartmentMumbai Real EstateReal Estate MaharashtraNov 05, 2024
The property, sold by Windsor Residency Private Limited, boasts a carpet area of 5,381 square feet. The cost per square foot comes to approximately ₹1.63 lakh, highlighting the premium nature of this real estate gem.
Location and Features
The apartment is situated on the sixth floor of Morena House, a well-known address on Carmichael Road. Spanning 4,947 square feet, the living space is complemented by an additional 434 square feet of deck and balcony area, providing ample open-air spaces. This feature is particularly appealing in Mumbai, where open spaces are a rare commodity.
Adding to the luxury, the apartment comes with four dedicated car parking spaces. In a city known for its congested real estate landscape, this is a significant plus, making the property even more desirable for high-net-worth individuals.
Malabar Hill A Prime Location
Malabar Hill, one of the most exclusive neighborhoods in Mumbai, is known for its scenic views, well-maintained infrastructure, and proximity to essential amenities. The area is home to some of the city’s most influential personalities and is a symbol of luxury living.
KKR India A Brief Overview
KKR India, a leading investment firm, has been making significant strides in various sectors, including real estate. As the CEO, Gaurav Trehan's investment in this high-end property underscores the firm's commitment to premium assets and the confidence in Mumbai’s real estate market.
Market Impact
This high-profile purchase is expected to have a positive impact on the real estate market in Malabar Hill and South Mumbai. It sets a new benchmark for property values and may encourage similar investments in the area. The transaction also highlights the resilience of the luxury real estate market in Mumbai, even in challenging economic times.
Conclusion
Gaurav Trehan's acquisition of this luxury apartment in Malabar Hill is a testament to the enduring appeal of prime real estate in Mumbai. The blend of prime location, luxurious living spaces, and premium amenities makes it a valuable addition to any portfolio. As the real estate market continues to evolve, such high-value transactions are expected to play a crucial role in shaping the future of luxury living in the city.
Frequently Asked Questions
What is the cost of the apartment purchased by Gaurav Trehan?
The apartment was purchased for ₹88 crore.
Where is the apartment located?
The apartment is located on the sixth floor of Morena House on Carmichael Road in Malabar Hill, South Mumbai.
What is the total area of the apartment?
The apartment spans 4,947 square feet, with an additional 434 square feet of deck and balcony area.
Who sold the apartment to Gaurav Trehan?
The apartment was sold by Windsor Residency Private Limited.
Why is the location of the apartment significant?
Malabar Hill is one of the most exclusive neighborhoods in Mumbai, known for its scenic views, well-maintained infrastructure, and proximity to essential amenities.
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