Mumbai's Luxury Real Estate Market Soars: Ashar Group Sells Triplex Apartment for Rs 172 Crore
Ashar Group sets a new benchmark in Mumbai's real estate market with the sale of a luxury triplex apartment to Apco Infratech for a whopping Rs 172 crore.
Mumbai Real Estate MarketLuxury PropertyAshar GroupApco InfratechTriplex ApartmentReal Estate NewsJul 25, 2024
Ashar Group, a renowned real estate developer in Mumbai, has made headlines with the sale of a luxury triplex apartment to Apco Infratech, a leading infrastructure company, for a staggering Rs 172 crore. This deal sets a new benchmark in the Mumbai Metropolitan Region (MMR) real estate market, surpassing previous records.
The triplex apartment, located in one of Mumbai's most sought-after neighborhoods, boasts breathtaking sea views and luxurious amenities. Spread over multiple floors, the apartment offers a lavish living space, complete with state-of-the-art fixtures and fittings.
Ashar Group is a prominent real estate developer in Mumbai, known for its high-quality residential and commercial projects. With a focus on delivering exceptional living experiences, the company has established itself as a trusted name in the industry.
Apco Infratech is a leading infrastructure company that specializes in construction, engineering, and project management. The company's diverse portfolio includes residential, commercial, and industrial projects across India.
Key Features of the Deal
The sale of the luxury triplex apartment sets a new record in the MMR real estate market
The deal is valued at Rs 172 crore, making it one of the largest transactions in recent times
The apartment offers stunning sea views and luxurious amenities
Ashar Group and Apco Infratech are both well-established companies in their respective fields
What does this deal mean for the real estate market in Mumbai? Industry experts believe that this transaction will have a positive impact on the market, driving up demand for luxury properties and pushing prices higher. With the Mumbai real estate market already witnessing significant growth, this deal is likely to further boost investor confidence and attract more buyers to the market.
Keywords Mumbai real estate market, luxury property, Ashar Group, Apco Infratech, triplex apartment
Frequently Asked Questions
What is the value of the luxury triplex apartment sold by Ashar Group?
The luxury triplex apartment was sold for Rs 172 crore.
Who is the buyer of the luxury triplex apartment?
The buyer of the luxury triplex apartment is Apco Infratech, a leading infrastructure company.
What is the location of the luxury triplex apartment?
The luxury triplex apartment is located in one of Mumbai's most sought-after neighborhoods.
What is the significance of this deal in the MMR real estate market?
This deal sets a new benchmark in the MMR real estate market, surpassing previous records and driving up demand for luxury properties.
Who are the parties involved in this deal?
The parties involved in this deal are Ashar Group, the seller, and Apco Infratech, the buyer.
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