Real Estate Mumbai
Shreyas Iyer and Mother Rohini Buy Luxurious Apartment in Mumbai's Worli for ₹2.90 Crore
By GeoSquare News Desk · Published 2024-09-24
Indian Cricketer Shreyas Iyer and his mother Rohini Iyer have made a luxurious addition to their real estate portfolio by purchasing a 525 sq ft apartment in Mumbai's Worli area for ₹2.90 crore.
The apartment, located on the 2nd floor of Triveni Industrial CHSL in the Adarsh Nagar area of Worli, was purchased at ₹55,238 per sq ft. The transaction was registered on September 19, 2024, and a stamp duty of ₹17.40 lakh was paid, followed by registration charges of ₹30,000.
This is not the first time Shreyas Iyer has made headlines for his real estate transactions. He also owns a home in Lodha World Towers, one of the tallest buildings in Mumbai. In September 2020, he had bought a 2380 sq ft apartment on the 48th floor of The World Towers with Macrotech Developers in Mumbai at a rate of ₹49,817 per sq ft.
The apartment came along with three car parks, as per documents accessed by Zapkey. Iyer also purchased a commercial property in the Worli area for ₹2.9 crore in July 2024, which was 510 sq ft (carpet area) and was bought at a rate of ₹56,863.
Worli, as a micromarket, has seen transactions of several luxury apartments in the range of ₹1 lakh to ₹1.50 lakh per sq ft and is centrally located in Mumbai, having close proximity to several commercial business districts. Several listed real estate players like Oberoi Realty, Macrotech Developers (Lodha) have a presence in Worli.
On May 6, Oberoi Realty had announced the redevelopment of seven old buildings having 504 flats in the Adarsh Nagar area of Worli. As part of the agreement, it had received 6.24 lakh sq ft RERA carpet to be sold in the open market.
Macrotech Developers (Lodha) is a leading real estate developer in India, known for its luxurious and iconic projects like Lodha World Towers.Zapkey is a real estate data and analytics firm that provides insights and information on property transactions and trends.