Mumbai Real Estate: Luxury Apartment in Worli Sells for ₹187 Crore

SR Menon Properties LLP has purchased a 14,866 sq ft luxury apartment in the prestigious Lodha Sea Face project in Worli, Mumbai, for a whopping ₹187 crore. This transaction highlights the ongoing resilience and demand in Mumbai's high-end real estate mar

Mumbai Real EstateLuxury ApartmentsHighend PropertiesMacrotech DevelopersLodha Sea FaceReal Estate MumbaiMar 17, 2025

Mumbai Real Estate: Luxury Apartment in Worli Sells for ₹187 Crore
Real Estate Mumbai:SR Menon Properties LLP, a prominent real estate firm, has made headlines in the Mumbai property market by acquiring a luxurious 14,866 sq ft apartment in the Lodha Sea Face project for an impressive ₹187 crore. The deal, which underscores the enduring appeal of high-end properties in Mumbai, has generated significant interest among industry experts and property enthusiasts alike.

The Lodha Sea Face project, developed by Macrotech Developers, is one of the most sought-after residential complexes in Worli, a prime location known for its scenic views of the Arabian Sea and the city skyline. The project boasts world-class amenities, including a private beach, state-of-the-art fitness centers, and top-notch security, making it a coveted address for the city's elite.

The acquisition by SR Menon Properties LLP reflects the strong demand for premium real estate in Mumbai, despite economic uncertainties and the ongoing pandemic. Properties in prime locations like Worli, Bandra, and South Mumbai continue to attract significant investments due to their premium value and long-term appreciation potential.

According to industry analysts, the sale of this luxury apartment is a testament to the resilience of the Mumbai real estate market, particularly in the high-end segment. The city's robust infrastructure, vibrant business environment, and cultural vibrancy make it an attractive destination for both domestic and international buyers.

Macrotech Developers, one of India's leading real estate companies, has been at the forefront of developing iconic projects in Mumbai and other major cities. The company's focus on delivering high-quality, sustainable developments has earned it a reputation for excellence in the industry.

The sale of the 14,866 sq ft apartment in the Lodha Sea Face project is not just a financial transaction; it also represents a strategic move by SR Menon Properties LLP to expand its portfolio in Mumbai's premium real estate market. The firm's decision to invest in such a high-value property indicates a continued confidence in the long-term growth potential of Mumbai's real estate sector.

For potential buyers and investors, this deal serves as a strong signal that high-end properties in prime locations are still in high demand. The combination of premium features, prime location, and the brand value of developers like Macrotech Developers continues to drive interest in luxury real estate in Mumbai.

As the city continues to evolve, the real estate market is expected to remain dynamic, with opportunities for growth and investment. However, buyers and investors should conduct thorough research and due diligence to ensure that they make informed decisions in this highly competitive market.

In conclusion, the acquisition of the luxury apartment in the Lodha Sea Face project by SR Menon Properties LLP is a significant milestone in Mumbai's real estate landscape. It highlights the enduring appeal of premium properties and the continued resilience of the market, even in challenging economic conditions. For those looking to invest in Mumbai's high-end real estate, this deal offers valuable insights and confidence in the market's future prospects.

Frequently Asked Questions

What is the price of the luxury apartment sold in the Lodha Sea Face project?

The luxury apartment in the Lodha Sea Face project was sold for ₹187 crore.

Who purchased the luxury apartment in the Lodha Sea Face project?

The luxury apartment was purchased by SR Menon Properties LLP.

Where is the Lodha Sea Face project located?

The Lodha Sea Face project is located in Worli, Mumbai.

What amenities does the Lodha Sea Face project offer?

The Lodha Sea Face project offers amenities such as a private beach, state-of-the-art fitness centers, and top-notch security.

What is the significance of this sale in the Mumbai real estate market?

This sale is significant as it highlights the strong demand for high-end properties in prime locations like Worli, despite economic uncertainties and the ongoing pandemic.

Related News Articles

Teenager Involved in Pune Porsche Crash Released from Observation, Investigation Ongoing
Real Estate Pune

Teenager Involved in Pune Porsche Crash Released from Observation, Investigation Ongoing

A tragic car accident in Pune, India involving a Porsche has sparked a real estate scandal. Meanwhile, a 19-year-old boy involved in the crash has been released from observation, and the investigation is ongoing.

June 25, 2024
Read Article
Mahalaxmi Racecourse: A New Chapter Unfolds as RWITC Secures 91-Acre Lease
Real Estate Mumbai

Mahalaxmi Racecourse: A New Chapter Unfolds as RWITC Secures 91-Acre Lease

Mumbai's iconic Mahalaxmi Racecourse is getting a facelift, with 91 acres leased to RWITC and 300 acres to be transformed into a central park.

July 7, 2024
Read Article
Kolte-Patil Developers Shares Plummet to 52-Week Low After Disappointing Q1 Results
Real Estate Mumbai

Kolte-Patil Developers Shares Plummet to 52-Week Low After Disappointing Q1 Results

The real estate developer's weak Q1FY25 results led to a 4% drop in share price, hitting a fresh 52-week low of Rs 357 per share.

August 9, 2024
Read Article
Kamala Nehru Hospital Patients in Pune Struggle Without MJPJAY Scheme
Real Estate Pune

Kamala Nehru Hospital Patients in Pune Struggle Without MJPJAY Scheme

Patients at Kamala Nehru Hospital in Pune are facing difficulties due to the suspension of the MJPJAY scheme, a vital healthcare initiative. This has led to concerns about the sustainability of healthcare services for the underprivileged.

November 21, 2024
Read Article
Important Steps to Ensure Your Apartment is Free from Legal Issues Before Purchase
Real Estate Mumbai

Important Steps to Ensure Your Apartment is Free from Legal Issues Before Purchase

MahaRERA has recently directed a real estate developer near Mumbai to disclose details about any pending litigation to the public. This highlights the importance of checking for legal issues before buying an apartment.

January 13, 2025
Read Article
Mercedes-Benz and JDS Development Group Launch Groundbreaking Miami Real Estate Project
Real Estate

Mercedes-Benz and JDS Development Group Launch Groundbreaking Miami Real Estate Project

This ambitious project marks Mercedes-Benz's first real estate venture in the U.S., spanning over 2.5 million square feet. Tower 1 has already seen impressive sales, with 100 units sold within the first month.

February 6, 2025
Read Article