Supreme Universal has successfully sold a luxurious sea-facing duplex in Mumbai for a whopping Rs 174 crore to Sarvesh Singh, the chairman of Alkem Laboratories. This high-profile transaction highlights the enduring appeal of premium real estate in Mumbai's prime locations.
Real EstateLuxury PropertyMumbaiHighnetworth IndividualsPrime LocationReal Estate MumbaiApr 30, 2025
The sea-facing duplex in Mumbai was purchased by Sarvesh Singh, the chairman of Alkem Laboratories.
The sea-facing duplex was sold for Rs 174 crore.
Supreme Universal is known for its expertise in developing top-tier residential and commercial projects, delivering world-class properties that meet the expectations of discerning buyers.
This sale highlights the strong demand for high-end real estate in Mumbai's prime locations and reflects the city's enduring status as a hub for high-net-worth individuals.
Alkem Laboratories is a leading pharmaceutical company in India, known for its commitment to innovation and quality. Sarvesh Singh is the chairman of Alkem Laboratories.
The Indian real estate market is showing signs of recovery, driven by the rise of Grade A warehouses and a progressive outlook in 2018.
Blackstone sells 33 crore units in Nexus Select Trust REIT for ₹4,550 crore, reducing its stake to 21%. The sale is part of the firm's strategy to monetize its real estate portfolio.
India's leading real estate firms, Godrej Properties and Macrotech Developers, have reported impressive sales of over Rs 22,000 crore in the first half of the current fiscal year, riding high on the demand for premium housing units.
The construction and real estate sectors are facing a significant decline in new project announcements, while manufacturing and other sectors show mixed performance.
Oberoi Realty has entered into a deal to redevelop a 2.5-acre land parcel in Bandra, Mumbai, under the Slum Rehabilitation Authority (SRA) initiative. This move is expected to boost the real estate sector in the area, bringing modern and sustainable devel
The Bharatiya Janata Party (BJP) has raised serious allegations of real estate misuse and fraud in the National Herald case, asserting that the matter is far from being a charitable act but rather a manipulation of property.