Shaula Real Estates Acquires Luxurious Duplex in Naman Xana for ₹226 Crore
Shaula Real Estates has made a significant investment by purchasing a luxurious duplex apartment in the prestigious Naman Xana project in Mumbai. The deal, worth ₹226 crore, highlights the robust demand for high-end residential properties in the city.
Shaula Real EstatesNaman XanaShree Naman GroupWorliMumbaiReal Estate NewsJun 09, 2025
The apartment was purchased from Naman Residency and Karp Estate. The duplex unit boasts a carpet area of 856 sq meters (9,214 sq ft) and a total built-up area of 1,067 sq meters (11,485 sq ft). The property also includes six car parking spaces, making it a highly desirable residence for affluent buyers.
The deal incurred a stamp duty of ₹13.55 crore and registration charges of ₹30,000, as per the documents reviewed by Square Yards from the Inspector General of Registration (IGR) Maharashtra. The transaction was registered in May 2025, marking a significant addition to Shaula Real Estates' portfolio.
Naman Xana, a project spanning 0.64 acres, is scheduled for completion by 2027. The project is expected to set new standards for luxury living in Mumbai, with its prime location and premium amenities.
Shree Naman Group, a leading real estate developer in Mumbai, has a strong track record of delivering high-quality residential projects. The group's commitment to excellence and attention to detail have made it a preferred choice for discerning buyers in the city.
This acquisition by Shaula Real Estates not only reflects the company's strategic focus on premium residential properties but also highlights the ongoing confidence in the Mumbai real estate market. As the city continues to attract significant investments, the demand for luxury homes is expected to remain strong.
For Shaula Real Estates, this purchase represents a strategic move to expand its footprint in one of the most dynamic real estate markets in India. The company's decision to invest in Naman Xana underscores its commitment to providing high-end living options to its clients.
As the project nears completion, it is anticipated that Naman Xana will become a landmark in Worli, offering residents a blend of luxury, comfort, and convenience. The combination of a prime location, world-class amenities, and the reputation of Shree Naman Group makes this project a standout choice for luxury real estate buyers in Mumbai.
In conclusion, the acquisition of this duplex apartment by Shaula Real Estates is a testament to the company's vision and the growing demand for premium residential properties in Mumbai. The deal is expected to set new benchmarks in the luxury real estate market and further cement Shaula Real Estates' position as a leading player in the industry.
Frequently Asked Questions
What is the value of the duplex apartment purchased by Shaula Real Estates?
The duplex apartment was purchased for ₹225.76 crore.
Where is the Naman Xana project located?
The Naman Xana project is located in Worli, Mumbai.
Who developed the Naman Xana project?
The Naman Xana project was developed by the Shree Naman Group.
What is the total built-up area of the duplex apartment?
The total built-up area of the duplex apartment is 1,067 sq meters (11,485 sq ft).
When was the transaction registered?
The transaction was registered in May 2025.
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