Mumbai real estate deal: The Laxmi Nivas bungalow, a historic hideout for freedom fighters during the Quit India Movement, has been sold for ₹276 crore, marking a significant transaction in the city's luxury property market.
Heritage PropertyReal EstateMumbaiHistorical LandmarkQuit India MovementReal EstateMar 20, 2025
The Laxmi Nivas Bungalow is a historic property located in Malabar Hill, Mumbai. It is a significant landmark due to its role in India's independence movement and its architectural value.
The Laxmi Nivas Bungalow was sold for ₹276 crore, reflecting the premium value of heritage properties in Mumbai's luxury real estate market.
The bungalow served as a hideout for freedom fighters during the Quit India Movement in 1942, making it a vital historical site.
The Laxmi Nivas Bungalow is located in Malabar Hill, one of the most exclusive and expensive neighborhoods in Mumbai.
Preserving heritage properties is crucial for maintaining the cultural and historical identity of Mumbai. These landmarks serve as living museums, reminding the city of its rich past.
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