Mumbai's Real Estate Market Soars with ₹113 Crore Juhu Apartment Sale
A 9,863 square foot luxury apartment in Juhu, Mumbai, has been sold for over ₹113 crore, setting a new record in the city's bustling real estate market.
Mumbai Real EstateJuhu ApartmentLuxury PropertyDeep TrivediLodha AvalonReal Estate MumbaiAug 19, 2025
The apartment is located on the 10th floor of Lodha Avalon, a luxury residential project under construction on Juhu Tara Road. The site is near Amitabh Bachchan’s bungalow and is just across the road from actors Ajay Devgan and Kajol’s bungalow.
The recent deal, registered on August 18, 2025, has set a new record for Juhu. The current transaction’s price of over ₹1,15,000 per sq ft has exceeded the old record of ₹1,08,000 per sq ft. Besides the property’s cost of over ₹113.42 crore, Aatman Innovations also paid ₹6.8 crore in stamp duty. Therefore, with added GST, the total cost of the deal came to nearly ₹129 crore.
Lodha Developers Ltd, which previously acquired the land where the Centaur Hotel once stood, is now constructing two towers. These towers will feature “mansions by the sea” for very affluent individuals. Due to its prime location, the Lodha Avalon project offers the biggest sea-facing area in Juhu.
The highest residential property sale ever recorded in India was made by Leena Gandhi Tewari, the chairperson of USV. She purchased two high-end, sea-facing duplex apartments in Mumbai for a total of ₹703 crore, which included ₹63.9 crore in stamp duty and Goods & Services Tax (GST) to register the properties. This transaction, which was priced at ₹2.83 lakh per square foot of carpet area, has established a new standard in India’s residential real estate market.
Frequently Asked Questions
What is the record-breaking price per square foot for the Juhu apartment?
The record-breaking price per square foot for the Juhu apartment is over ₹1,15,000, exceeding the old record of ₹1,08,000 per sq ft.
Who is the buyer of the luxury apartment in Juhu?
The buyer of the luxury apartment in Juhu is Atman Innovations Pvt Ltd, a firm headed by popular speaker and author Deep Trivedi.
What is the total cost of the deal, including stamp duty and GST?
The total cost of the deal, including stamp duty and GST, came to nearly ₹129 crore.
What is the highest residential property sale ever recorded in India?
The highest residential property sale ever recorded in India was made by Leena Gandhi Tewari, who purchased two high-end, sea-facing duplex apartments in Mumbai for a total of ₹703 crore.
What is the name of the luxury residential project in Juhu?
The name of the luxury residential project in Juhu is Lodha Avalon, which is being developed by Lodha Developers Ltd.
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