Yatin Shah, Co-Founder of 360 One, Acquires Luxurious Sea-View Penthouse in Mumbai
The 10,312 sq ft duplex, located in the prestigious 'Prime Ceejay Residency' project, underscores Mumbai's increasing appetite for high-end properties. This move by Yatin Shah, co-founder of 360 One, highlights the city's ongoing real estate boom in the l
MumbaiLuxury Properties360 OneYatin ShahPrime Ceejay ResidencyReal Estate MumbaiNov 10, 2024
The penthouse, spanning 10,312 square feet, is located in the 'Prime Ceejay Residency,' a premium residential project that has garnered attention for its unmatched luxury and prime location. The duplex offers breathtaking views of the Arabian Sea and is equipped with state-of-the-art amenities, making it a prime choice for the discerning buyer.
360 One, founded by Yatin Shah and Karan Bhagat, has been at the forefront of innovative real estate projects in India. The company has built a reputation for delivering high-quality, sustainable, and luxury residences. With a focus on blending modern design with traditional elements, 360 One has successfully catered to the elite segment of the market.
The acquisition of this penthouse by Shah is a testament to the company's commitment to excellence and its belief in the potential of the Mumbai real estate market. The city, known for its dynamic economy and cultural vibrancy, continues to attract investors and high net worth individuals looking for premium properties.
Real estate experts in Mumbai have noted a steady increase in the demand for luxury properties, driven by a combination of factors including economic growth, a preference for high-quality living spaces, and the influx of wealthy individuals seeking second homes. The 'Prime Ceejay Residency' is a prime example of how developers are responding to this trend by offering properties that meet the highest standards of luxury and convenience.
The penthouse features four bedrooms, multiple living areas, a spacious kitchen, and a large terrace that provides panoramic views of the sea. The interior design is a blend of contemporary elegance and modern comfort, with high-end finishes and custom furnishings. The residence also comes with a private gym, a home theater, and a wine cellar, catering to the lifestyle needs of the elite residents.
Karan Bhagat, CEO of 360 One, commented on the acquisition, 'This purchase by Yatin Shah not only reflects his personal taste and success but also underscores the strong market sentiment for luxury properties in Mumbai. We believe that the city will continue to be a hub for high-end real estate, and we are committed to delivering the best to our clients.'
The 'Prime Ceejay Residency' project, developed by Ceejay Ventures, is located in one of the most sought-after areas of Mumbai. The project has been designed to offer a seamless blend of luxury and functionality, making it a desirable choice for those looking to invest in premium real estate in the city.
As the real estate market in Mumbai continues to evolve, the acquisition of this sea-view penthouse by Yatin Shah is a clear indication of the confidence and optimism among investors in the luxury segment. With a growing number of high-profile real estate deals and a strong pipeline of upcoming projects, Mumbai is poised to remain a premier destination for luxury property investments.
In conclusion, the purchase of the sea-view penthouse by Yatin Shah is more than just a personal achievement; it is a significant milestone in the luxury real estate market of Mumbai. It highlights the city's status as a hub for high-end properties and the growing interest among affluent individuals in acquiring premium residences.
Frequently Asked Questions
Who is Yatin Shah?
Yatin Shah is the co-founder of 360 One, a leading real estate and investment firm in India. He recently acquired a luxurious sea-view penthouse in Mumbai.
What is the 'Prime Ceejay Residency'?
The 'Prime Ceejay Residency' is a premium residential project in Mumbai, known for its luxury and prime location. It is developed by Ceejay Ventures and offers high-end amenities and breathtaking sea views.
What is the size of the penthouse Yatin Shah purchased?
The penthouse Yatin Shah purchased is a duplex spanning 10,312 square feet, featuring four bedrooms, multiple living areas, and a large terrace with sea views.
What amenities does the penthouse offer?
The penthouse offers a private gym, a home theater, a wine cellar, and high-end finishes and custom furnishings, making it a luxurious and comfortable living space.
What does this purchase signify for the Mumbai real estate market?
This purchase signifies the growing demand for luxury properties in Mumbai and the confidence of high net worth individuals in the city's real estate market. It highlights the city's status as a hub for high-end real estate investments.
Related News Articles
Arkade Developers Celebrates 38 Years of Creating Happy Spaces with #FamilyFirst Campaign
Mumbai-based real estate developer Arkade Group launches a new campaign to highlight the importance of family values
Bhutani Group Collaborates with ED in Alleged Money Laundering Investigation
Real estate firm Bhutani Infra has announced its cooperation with the Enforcement Directorate (ED) in an ongoing investigation into alleged money laundering activities.
Kolte-Patil Developers Reports Q4 FY25 Sales of ₹631 Crore, Down 15% Amid Market Challenges
Kolte-Patil Developers, a leading real estate company in India, has reported sales of ₹631 crore in the fourth quarter of FY25, a decline of 15% compared to the same period last year. Despite market challenges, the company remains committed to its growth strategy and continues to invest in key markets.
Maharashtra Revises Ready Reckoner Rates: A Significant Move for the Real Estate Sector
Maharashtra has recently revised its Ready Reckoner rates, a move that is expected to have significant implications for the real estate market. This update aims to align the property valuations with current market conditions, impacting both buyers and sellers.
Hyderabad's Infrastructure and Real Estate Sector Get a Boost in Union Budget 2024-2025
The Union Budget 2024-2025 is expected to have a positive impact on Hyderabad's infrastructure and real estate sector, with significant investments in capital expenditure and infrastructure projects.
Renaissance Ahmedabad Hotel Welcomes Rohit Bajpai as Cluster General Manager
Renaissance Hotel, located in Ahmedabad, has appointed Rohit Bajpai as its Cluster General Manager. With a rich background in the hospitality industry, Bajpai is expected to bring a new wave of innovation and excellence to the hotel.