Macrotech Developers Sells Luxurious 15,000 Sq Ft Flat in Mumbai for Rs 187 Crore
In a major real estate deal, Macrotech Developers has sold a massive 15,000 square foot apartment in Worli, Mumbai, to SR Menon Properties LLP for Rs 187 crore. This transaction highlights the growing demand for luxury properties in the city.
Real EstateLuxury PropertyMumbaiMacrotech DevelopersSr Menon Properties LlpReal Estate MumbaiMar 17, 2025
The apartment, located in one of the most prestigious areas of Mumbai, is a testament to the city's enduring appeal as a hub for high-net-worth individuals and corporate entities. Worli, known for its prime location and premium amenities, has long been a preferred address for those seeking top-tier living conditions.
Macrotech Developers, a leading player in the real estate market, has a history of delivering high-quality projects that cater to the luxurious tastes of its clientele. The company's portfolio includes a range of residential and commercial properties, each designed to meet the stringent standards of luxury real estate.
SR Menon Properties LLP, the buyer in this transaction, is a well-known entity in the property market, known for its strategic acquisitions and development of premium real estate. The acquisition of this 15,000 square foot apartment in Worli aligns with the company's mission to expand its presence in key locations and cater to the elite segment of the market.
The sale of this luxury apartment also reflects the broader trends in the Mumbai real estate market, where premium properties continue to command high prices despite the economic challenges faced by the sector. According to industry experts, the demand for luxury real estate remains robust, driven by factors such as the growing number of high-net-worth individuals and the increasing preference for high-quality living spaces.
Real estate consultant Square Yards, which facilitated the transaction, highlighted the significance of this deal in a statement. 'The sale of this premium property in Worli is a clear indicator of the resilience and strength of the luxury real estate market in Mumbai,' said a spokesperson from Square Yards.
Frequently Asked Questions
What is the size of the apartment sold by Macrotech Developers?
The apartment sold by Macrotech Developers is 15,000 square feet in size.
Who purchased the apartment in Worli, Mumbai?
SR Menon Properties LLP purchased the apartment in Worli, Mumbai.
What is the price at which the apartment was sold?
The apartment was sold for Rs 187 crore.
What is the significance of this transaction for the Mumbai real estate market?
This transaction highlights the persistent demand for luxury properties in Mumbai, reflecting the resilience and strength of the luxury real estate market in the city.
Who facilitated the sale of the apartment?
The sale of the apartment was facilitated by real estate consultant Square Yards.
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