Shahid Kapoor Buys ₹60 Crore Apartment in Mumbai's Worli Area
Shahid Kapoor and Mira Kapoor have purchased a sea-view apartment in Mumbai's Worli area for over ₹60 crore
Real EstateMumbaiShahid KapoorLuxury HomesPiramal RealtyReal Estate MumbaiMay 28, 2024
The property transaction, worth ₹58.66 crore, was completed on May 24. Kapoor purchased a new apartment on the 24th floor from Chandak Realtors. This is Shahid's second purchase in this tower. In 2018, Kapoor and his wife bought a duplex on the 42nd and 43rd floors of the same tower for more than ₹58.57 crore.
Chandak Realtors bought this apartment for ₹35.31 crore in February 2023. It has now been sold to the Kapoors. In February 2023, Chandak Realty bought 28 apartments in a large transaction. D'Mart owner Radhakishan Damani, along with his family and close associates, paid ₹1,238 crore for them.
The deal was completed on May 24, with Chandak Realtors handling it. Kapoor paid ₹1.75 crore as stamp duty to register it. The purchase also comes with three exclusive car parking spots in the tower.
The particular apartment was purchased by Chandak Realty at a price of around ₹65,000 per sqft and has now been sold at a price of over ₹1 lakh per sq ft, a real estate consultant revealed. This is over 50% appreciation in a period of one year.
Mumbai real estate is witnessing a resurgence in luxury homes, after nearly two years of slow activity. This is due to increased demand for these types of homes. Piramal Realty, from the Ajay Piramal Group, has started a new project in Mumbai's Byculla area. More than four years ago, Piramal Realty bought the seven-acre land from Mafatlal Industries for ₹605 crore. Piramal Realty plans to spend ₹4,300 crore on this project over the next five years.
Oberoi 360 West is a luxury residential project located in Mumbai's Worli area. Chandak Realtors is a real estate development company based in Mumbai. Piramal Realty is a real estate development company from the Ajay Piramal Group.
Piramal Realty is a leading real estate development company in India, known for its luxury residential projects in Mumbai and other cities. Chandak Realtors is a prominent real estate development company in Mumbai, with a focus on luxury residential projects.
Frequently Asked Questions
How much did Shahid Kapoor pay for the apartment? A: Shahid Kapoor paid more than ₹60 crore for the apartment Q: Where is the apartment located? A: The apartment is located in Mumbai's Worli area Q: What is the name of the project? A: The project is called Oberoi 360 West Q: Who developed the project? A: The project was developed by Chandak Realtors Q: What is the current trend in Mumbai's real estate market? A: Mumbai's real estate market is witnessing a resurgence in luxury homes after nearly two years of slow activity
Answer not available
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