Mumbai's Luxurious Duplex Commands Rs 174 Crore in Bandra Seafront Deal
A deluxe duplex in Mumbai's prestigious Bandra seafront area has been sold for a whopping Rs 174 crore, marking a significant milestone in the city's real estate market. The property, owned by Supreme Universal, highlights the growing interest in luxury apartments in prime locations.
Mumbai Real EstateLuxury ApartmentsBandra SeafrontSupreme UniversalHighnetworth IndividualsReal Estate MumbaiApr 30, 2025
The duplex, spanning multiple floors, offers breathtaking views of the Arabian Sea and the Mumbai skyline. It is equipped with state-of-the-art amenities and luxury finishes, making it a dream home for the elite. The sale underscores the enduring appeal of Bandra as a premier location for luxury real estate.
Bandra, known for its vibrant lifestyle and proximity to entertainment hubs, has long been a favored destination for high-net-worth individuals. The seafront area, in particular, has seen a surge in demand for luxury apartments and villas. Properties in this area are not only a symbol of wealth but also a smart investment, given the limited availability of prime real estate in Mumbai.
Supreme Universal, the developer behind this impressive property, has a strong reputation in the real estate market. Known for their commitment to quality and innovation, the company has successfully delivered numerous high-end projects across Mumbai. This latest sale further cements their position as a leading player in the luxury segment.
The sale of the Bandra seafront duplex also reflects the broader trends in the Mumbai real estate market. Despite challenges posed by the economic slowdown and the pandemic, luxury real estate continues to perform well. High demand, coupled with limited supply, has led to a steady increase in property values, particularly in prime locations.
For potential buyers, the appeal of a property like this goes beyond its monetary value. The duplex offers a lifestyle of unparalleled luxury and convenience. From private beaches to helipads, every amenity is designed to cater to the discerning tastes of the elite. The property is also located in close proximity to top-notch schools, healthcare facilities, and entertainment venues, making it an ideal choice for families and professionals.
In conclusion, the sale of the Bandra seafront duplex for Rs 174 crore is a testament to the resilience and growth of Mumbai's luxury real estate market. It highlights the enduring appeal of prime locations and the willingness of high-net-worth individuals to invest in premium properties. As the city continues to evolve, it is likely that we will see more such high-value transactions, further cementing Mumbai's status as a global real estate hotspot.
Frequently Asked Questions
What is the significance of the Bandra seafront in Mumbai's real estate market?
The Bandra seafront is one of the most prestigious and desirable areas in Mumbai. Known for its scenic views, vibrant lifestyle, and proximity to entertainment hubs, it has seen a surge in demand for luxury apartments and villas. Properties in this area are highly sought after and represent a significant investment opportunity.
Who is Supreme Universal, and what is their role in the real estate market?
Supreme Universal is a renowned real estate developer known for their commitment to quality and innovation. They have successfully delivered numerous high-end projects across Mumbai and are a leading player in the luxury segment. Their latest sale of the Bandra seafront duplex further cements their position in the market.
What amenities are typically included in a luxury duplex in Bandra?
Luxury duplexes in Bandra often come with a wide range of high-end amenities, including private beaches, helipads, state-of-the-art security systems, and premium finishes. These properties are designed to offer a lifestyle of unparalleled luxury and convenience.
How has the pandemic affected the luxury real estate market in Mumbai?
Despite the economic slowdown and challenges posed by the pandemic, the luxury real estate market in Mumbai has continued to perform well. High demand and limited supply have led to a steady increase in property values, particularly in prime locations like the Bandra seafront.
What factors contribute to the high value of properties in the Bandra seafront area?
Several factors contribute to the high value of properties in the Bandra seafront area, including its prime location, scenic views, vibrant lifestyle, and limited availability of prime real estate. The area's proximity to top-notch schools, healthcare facilities, and entertainment venues further enhances its appeal to high-net-worth individuals.
Related News Articles
Puravankara Limited Strengthens Presence in Mumbai with Massive 12.75-Acre Land Acquisition in Thane
Real estate giant Puravankara Limited expands its portfolio with a significant land acquisition in Thane, marking a major milestone in its growth strategy.
Shapoorji Pallonji Real Estate and Kanodia Join Forces to Develop 1.74 Acre Luxury Project
Shapoorji Pallonji Real Estate and Kanodia have partnered to develop a luxurious 1.74-acre project, setting new benchmarks in the real estate industry.
Emaar India Launches Ultra-Luxury Villa Project, Casa Venero, in Alibag
Emaar India, the renowned real estate developer, has announced its entry into the Maharashtra market with the launch of Casa Venero, an ultra-luxury villa project in Alibag. The company aims to set new standards of luxury living in the region.
Mumbai Penthouse Owner Declines Bollywood Offers: ‘It’s Not About Money’
The owner of a Rs 120 crore penthouse in Mumbai has turned down multiple offers from Bollywood stars, emphasizing that the property is not for sale to just anyone. 'We need to ensure that the buyer is the right person,' Agarwal stated.
Housing Sales and Supply See Decline in Top Nine Cities in Q4 2024: PropEquity Report
In a concerning trend for the real estate sector, the housing supply in the top nine cities is expected to drop by 33 per cent, according to a recent report by PropEquity. This decline is likely to have significant implications for the market.
Anushka Sharma and Virat Kohli Celebrate Grihpravesh in Their Luxurious ₹32 Crore Alibaug Bungalow
Mumbai. The actor-cricketer power couple, Anushka Sharma and Virat Kohli, recently celebrated the Grihpravesh ceremony in their newly acquired ₹32 crore bungalow in Alibaug. A video of the venue, beautifully decorated, has gone viral, garnering admiration