Luxury Real Estate in Mumbai: A Haven for the Rich and Famous
Mumbai's luxury real estate market is experiencing a period of exceptional performance, with South and central Mumbai remaining hotspots for wealthy buyers.
Luxury Real EstateMumbaiOberoi 360 WestKiran GemsCelebrity HomesReal Estate NewsJun 17, 2024
This purchase is not an isolated incident, as Mumbai's luxury real estate market is experiencing a period of exceptional performance. The city saw a phenomenal May 2024, with property registrations exceeding 10,000 for the fifth consecutive month. Year-on-year registration growth has been reported for ten straight months, highlighting a sustained upward trend. South and central Mumbai, prime locations with India's most expensive properties, have played a key role in this market's strength. These areas have become a magnet for not only wealthy business leaders but also celebrities seeking a luxurious and secure living environment.
Three Sixty West itself has become synonymous with celebrity residences, with cricket legend Sachin Tendulkar reportedly owning an apartment in the building. Lakhani's arrival further strengthens the project's reputation as a haven for the rich and famous. Other notable residents of Three Sixty West include Shahid Kapoor and Mira Rajput, who paid INR 55.9 crore for an 8,625 square foot home, and Akshay Kumar, who invested INR 29.94 crore in an apartment.
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Frequently Asked Questions
What is the price of the apartment purchased by Rajesh Lakhani in Oberoi 360 West?
INR 97.4 crore
What is the location of Oberoi 360 West?
Worli, Mumbai
Who are some of the notable residents of Three Sixty West?
Sachin Tendulkar, Shahid Kapoor, Mira Rajput, Akshay Kumar, and Niraj Bajaj
What is the average price of luxury apartments in Mumbai?
It varies, but can range from INR 50 crore to INR 200 crore or more
What drives the demand for luxury apartments in Mumbai?
Factors like a growing affluent population, limited supply, and a robust economy drive the demand for luxury apartments in Mumbai
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