Supreme Universal Sells Prime Sea-Facing Duplex in Mumbai to Alkem’s Sarvesh Singh for Rs 174 Crore

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

Supreme Universal Sells Prime Sea-Facing Duplex in Mumbai to Alkem’s Sarvesh Singh for Rs 174 Crore
Real Estate Mumbai:Supreme Universal, a renowned real estate developer, has recently completed the sale of a prime sea-facing duplex in Mumbai to Sarvesh Singh, the chairman of Alkem Laboratories. The property, valued at Rs 174 crore, is an impressive addition to Mumbai's exclusive real estate market.

The duplex, situated in one of Mumbai's most sought-after areas, offers breathtaking views of the Arabian Sea. The luxurious property spans multiple levels, featuring state-of-the-art amenities and a perfect blend of modern design and comfort. The sale underscores the strong demand for high-end real estate in Mumbai's coveted waterfront locations.

Sarvesh Singh, a prominent figure in the pharmaceutical industry, is the chairman of Alkem Laboratories, a leading player in the healthcare sector. Alkem Laboratories is known for its commitment to innovation and quality, and this acquisition further solidifies Singh's status as a prominent businessman in India.

The real estate market in Mumbai has been resilient, with high-net-worth individuals and corporate leaders showing a keen interest in premium properties. Supreme Universal, known for its expertise in developing top-tier residential and commercial projects, has once again demonstrated its ability to deliver world-class properties that meet the expectations of discerning buyers.

This transaction is a significant milestone for Supreme Universal, highlighting its strong market presence and the trust it has built over the years. The company has a robust pipeline of projects, and this deal is expected to bolster its reputation and financial standing in the competitive real estate sector.

For aspiring homebuyers and investors, the sale of this sea-facing duplex serves as a testament to the enduring value of prime real estate in Mumbai. The city, despite its challenges, continues to attract investments from both domestic and international buyers, driven by its strategic location and economic importance.

In conclusion, the sale of this luxury duplex by Supreme Universal to Sarvesh Singh of Alkem Laboratories is a testament to the robust demand for premium properties in Mumbai. It reflects the city's enduring status as a hub for high-net-worth individuals and underscores the potential for further growth in the real estate market.

Frequently Asked Questions

Who is the buyer of the sea-facing duplex in Mumbai?

The sea-facing duplex in Mumbai was purchased by Sarvesh Singh, the chairman of Alkem Laboratories.

What is the value of the sea-facing duplex sold by Supreme Universal?

The sea-facing duplex was sold for Rs 174 crore.

What is Supreme Universal known for in the real estate market?

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.

What does this sale signify for the real estate market in Mumbai?

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.

What is Alkem Laboratories, and who is its chairman?

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.

Related News Articles

Snapdeal's Real Estate Portal Sees Massive Success with 9
Real Estate Pune

Snapdeal's Real Estate Portal Sees Massive Success with 9

Snapdeal's real estate portal has witnessed a massive response with 9

May 28, 2024
Read Article
India Witnesses Surge in Industrial and Warehousing Investments in Q2 2024
real estate news

India Witnesses Surge in Industrial and Warehousing Investments in Q2 2024

Industrial and warehousing segment accounted for 61% of total investments in Indian real estate in Q2 2024, driven by select large deals.

July 7, 2024
Read Article
RSIIL Bags Major Infrastructure Projects Worth Rs 47 Billion in Maharashtra
Real Estate Pune

RSIIL Bags Major Infrastructure Projects Worth Rs 47 Billion in Maharashtra

RSIIL, a leading infrastructure development company, has recently secured two significant projects in Maharashtra, including the Pune Ring Road and the Jalna-Nanded Expressway. These projects, valued at Rs 47 billion, will significantly enhance the region

October 22, 2024
Read Article
Real Estate Sector Falls Foul of Ad Codes: MahaRERA Penalises 628 Developers
Real Estate Maharashtra

Real Estate Sector Falls Foul of Ad Codes: MahaRERA Penalises 628 Developers

The real estate sector has emerged as the biggest offender of advertising standards, with MahaRERA penalising 628 developers for violating regulatory requirements.

November 26, 2024
Read Article
Trump Crypto Rally Sparks XRP, SUI, and PropiChain for Skyrocketing 2025 Gains
Real Estate

Trump Crypto Rally Sparks XRP, SUI, and PropiChain for Skyrocketing 2025 Gains

With the potential return of pro-business and pro-crypto policies, the Trump crypto rally is igniting leading tokens like XRP, SUI, and the emerging AI altcoin PropiChain. These tokens are set to offer unique opportunities for massive returns in 2025.

January 12, 2025
Read Article
Gold Biscuits, Hair Wigs, and Hawan Kund: The Most Unusual Items Left Behind by Uber Customers in 2024
Real Estate Mumbai

Gold Biscuits, Hair Wigs, and Hawan Kund: The Most Unusual Items Left Behind by Uber Customers in 2024

Mumbai has officially become the city where Uber drivers find the most unusual items left behind by passengers. From gold biscuits to hair wigs and even a hawan kund, the list is both bizarre and fascinating.

April 9, 2025
Read Article