Nadiadwala Grandson Entertainment Buys Two Luxury Apartments in Prabhadevi for ₹36.57 Crore
Nadiadwala Grandson Entertainment Private Limited (NGEPL) has made a significant investment in Mumbai's luxury real estate by acquiring two premium apartments in Prabhadevi, a prime locality known for its elegance and exclusivity.
Nadiadwala Grandson EntertainmentLuxury ApartmentsPrabhadeviMumbai Real EstateHighend PropertyReal Estate MumbaiOct 28, 2025
The two properties are located in Hubtown Twenty Five South North, a luxury residential project in South Mumbai. The development is known for its elegant architecture, premium amenities, and strategic location, attracting prominent business families, industrialists, and entertainment personalities.
Transaction 1:
As per registration details, the first apartment purchased by NGEPL is valued at ₹18.57 crore. The unit spans a RERA carpet area of 222.13 sq. m. (approximately 2,390 sq. ft.) and includes an additional area of 19.40 sq. m. (around 208 sq. ft.), providing a spacious layout suited for high-end urban living. The property comes with two dedicated car parking spaces, a key feature in Mumbai’s premium residential developments. The transaction incurred a stamp duty payment of ₹1.11 crore and registration charges of ₹30,000, in line with the state’s prevailing property registration norms.
Transaction 2:
The second property, also located within Hubtown Twenty Five South North, was purchased for ₹18 crore. It features a RERA carpet area of 221.30 sq. m. (approximately 2,382 sq. ft.) and an additional area of 12.86 sq. m. (about 138 sq. ft.), mirroring the scale and luxury of the first apartment. This unit also includes two car parking spaces. The deal involved a stamp duty of ₹1.08 crore and registration charges of ₹30,000, bringing the total statutory cost for both transactions to over ₹2.5 crore.
Together, the two acquisitions highlight Nadiadwala Grandson Entertainment’s strategic foray into Mumbai’s elite residential property market, which continues to attract significant interest from high-net-worth individuals (HNIs), corporate entities, and entertainment industry stalwarts.
Prabhadevi, located in the heart of South Mumbai, is one of the city’s most prestigious and sought-after residential neighborhoods. The area seamlessly combines old-world charm with modern luxury, hosting an array of premium high-rise developments, corporate establishments, and landmark institutions.
Situated along Veer Savarkar Marg, Prabhadevi boasts excellent connectivity to major business districts, including Lower Parel, Nariman Point, and Bandra-Kurla Complex (BKC). The locality’s proximity to Worli and Dadar further enhances its desirability among professionals and affluent families seeking both convenience and exclusivity.
Apart from its residential appeal, Prabhadevi is home to several cultural and religious landmarks, most notably the Shree Siddhivinayak Temple, one of Mumbai’s most revered shrines. The area also offers easy access to top-tier educational institutions, healthcare facilities, and lifestyle destinations, making it an address that symbolizes sophistication and status.
The combination of world-class infrastructure, coastal proximity, and elite social surroundings has made Prabhadevi a consistent favorite among Bollywood celebrities, business magnates, and corporate executives, reinforcing its position as a hotspot for premium real estate investment.
Mumbai’s high-end residential market has witnessed renewed momentum in 2025, driven by rising demand for larger, luxury apartments in well-connected neighborhoods. Localities like Prabhadevi, Worli, Lower Parel, and Bandra have emerged as preferred choices for affluent buyers seeking exclusivity and access to modern urban amenities. Industry experts attribute this resurgence to a combination of stable interest rates, strong post-pandemic demand, and continued interest from the entertainment and corporate sectors. Developers are responding with expansive, amenity-rich projects offering enhanced security, wellness features, and panoramic views — aligning with the expectations of an evolving luxury homebuyer base.
Frequently Asked Questions
What is the total value of the two apartments purchased by Nadiadwala Grandson Entertainment?
The total value of the two apartments purchased by Nadiadwala Grandson Entertainment is ₹36.57 crore.
Where are the two apartments located?
The two apartments are located in Hubtown Twenty Five South North, a luxury residential project in Prabhadevi, South Mumbai.
What are the key features of the apartments?
The apartments feature a RERA carpet area ranging from approximately 2,382 to 2,390 sq. ft., include additional areas, and come with two dedicated car parking spaces each.
What is the significance of Prabhadevi as a residential locality in Mumbai?
Prabhadevi is one of the most prestigious and sought-after residential neighborhoods in South Mumbai, known for its elegant architecture, premium amenities, and strategic location. It offers excellent connectivity, cultural landmarks, and access to top-tier educational and healthcare facilities.
What factors are driving the high-end residential market in Mumbai?
The high-end residential market in Mumbai is driven by stable interest rates, strong post-pandemic demand, and continued interest from the entertainment and corporate sectors. Developers are responding with amenity-rich projects offering enhanced security, wellness features, and panoramic views.
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