Luxury Living in Mumbai: Rs 107 Crore Sea-View Penthouse Sold in Worli
Abha Gupta and Shrikrishna Gupta, part of the Lloyds Group promoter family, have jointly purchased a luxury triplex penthouse in Mumbai's Worli locality for over Rs 107 crore.
Luxury PropertyMumbaiWorliLloyds GroupSugee DevelopersReal Estate MumbaiJul 12, 2024
The Gupta family has acquired the property directly from the developer, Sugee Developers, for personal use and investment purposes. The family has no connection with the Lloyds Group in this deal. As part of the agreement, the buyers will also get exclusive access to 16 car parking slots in the exclusive tower, which is expected to be delivered by December 2027.
The deal is a testament to the growing demand for luxury properties in Mumbai, which has been driving the city's real estate market. The city has seen a record-setting spree in terms of property deals, with registrations surpassing the 10,000-mark in each of the first five months of 2024. South and central Mumbai, home to India's most expensive apartments, have been playing a key role in driving this performance.
The micro-market has witnessed many large-ticket record-setting transactions involving industrialists, CXOs, actors, and sports personalities in the last few years. The demand for luxury properties is expected to continue, driven by the growing wealth of India's elite and the increasing desire for luxury living.
Information
Lloyds Group is a leading business conglomerate with interests in various sectors, including textiles, steel, and education. The group has been a prominent player in the Indian business landscape for decades.
Sugee Developers is a reputed real estate developer in Mumbai, known for its high-end residential projects in the city.
Lloyds Group is a well-established business group with a strong presence in various industries. The group has been a pioneer in the Indian textile industry and has diversified its interests over the years.
Sugee Developers is a Mumbai-based real estate developer that has been instrumental in shaping the city's skyline with its premium residential projects.
Frequently Asked Questions
Who bought the luxury penthouse in Worli, Mumbai?
Abha Gupta and Shrikrishna Gupta, part of the Lloyds Group promoter family, jointly purchased the luxury penthouse.
How much did the Gupta family pay for the penthouse?
The Gupta family paid over Rs 107 crore for the luxury penthouse.
What is the carpet area of the penthouse?
The penthouse has a carpet area of 13,207 sq ft.
Why did the Gupta family buy the penthouse?
The Gupta family bought the penthouse for personal use and investment purposes.
When is the expected delivery date of the penthouse?
The expected delivery date of the penthouse is December 2027.
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