Mumbai's Luxury Real Estate: A Haven for Billionaires and Celebrities
Three Sixty West remains at the pinnacle of Mumbai's luxury real estate landscape, attracting some of the most prominent figures from various sectors.
MumbaiLuxury Real EstateBillionairesCelebritiesThree Sixty WestRadhakishan DamaniBk GoenkaShahid KapoorRekha JhunjhunwalaMavjibhai PatelAbhay SoiReal Estate MumbaiAug 13, 2024
Mumbai, often dubbed the city of dreams, has long been a hub for high-net-worth individuals and celebrities seeking a blend of opulence and exclusivity. Among the most coveted addresses in this bustling metropolis is Three Sixty West, a premier residential complex that has become synonymous with luxury and prestige.
In 2023, Radhakishan Damani, the esteemed founder and CEO of Avenue Supermarts (DMart), made headlines with a remarkable investment in Three Sixty West. Damani, known for his strategic acumen and substantial contributions to India's retail sector, acquired a significant stake in Tower B of the development. His family purchased a total of 28 apartments for a staggering Rs 1,238 crore.
Another notable addition to Three Sixty West's roster of distinguished residents is BK Goenka, Chairman of the Welspun Group. In 2023, Goenka acquired an extraordinary penthouse that spans the 63rd, 64th, and 65th floors of the development. Valued at Rs 240 crore, this expansive residence covers 30,000 square feet and boasts an impressive terrace area, reflecting Goenka's penchant for grandeur and luxury.
Bollywood actor Shahid Kapoor joined the elite residents of Three Sixty West in 2018 with his purchase of a duplex on the 42nd and 43rd floors. Kapoor's residence, acquired for Rs 59 crore (including stamp duty), is a prime example of how Bollywood celebrities have gravitated towards this high-profile address.
The year 2024 has seen significant real estate moves, including a notable acquisition by Rekha Jhunjhunwala, the wife of the late renowned investor Rakesh Jhunjhunwala. Jhunjhunwala made headlines with her purchase in Malabar Hill, a prestigious area in Mumbai. She acquired several units in a prime building for Rs 118 crore, securing an uninterrupted view of the Arabian Sea from her residence.
Mavjibhai Patel, who co-founded Kiran Gems with his brother Vallabhbhai Patel in 1985, moved from Bhavnagar to Mumbai to leverage the city's growing diamond industry. Patel purchased a sea-facing apartment on the 47th floor of the prestigious Three Sixty West, a premier residential development by Oasis Realty, which was later acquired by Oberoi Realty for Rs 4,000 crore.
The Soi family made a significant splash in Mumbai's luxury real estate market with their recent acquisitions at the Three Sixty West Apartments, a high-profile residential development on Dr Annie Besant Road in Worli. Abhay Soi, the head of Radiant Life Care, which oversees the management of Nanavati Hospital in Vile Parle, purchased the first flat on the 36th floor for a remarkable Rs 54 crore.
Frequently Asked Questions
Who is Radhakishan Damani?
Radhakishan Damani is the founder and CEO of Avenue Supermarts (DMart).
What is the value of Radhakishan Damani's investment in Three Sixty West?
Radhakishan Damani's family purchased a total of 28 apartments for a staggering Rs 1,238 crore.
Who is BK Goenka?
BK Goenka is the Chairman of the Welspun Group.
What is the value of BK Goenka's penthouse in Three Sixty West?
BK Goenka's penthouse is valued at Rs 240 crore.
Who is Shahid Kapoor?
Shahid Kapoor is a Bollywood actor.
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