Zydus Family Trust Acquires ₹200 Crore Luxury Apartment in Mumbai's Worli

In a significant real estate move, the Zydus Family Trust has purchased a 17,384-square-foot luxury apartment in Mumbai's Worli, located in the prestigious Oberoi Three Sixty West project.

Luxury Real EstateMumbaiZydus Family TrustOberoi Three Sixty WestHighnetworth IndividualsReal EstateMar 28, 2025

Zydus Family Trust Acquires ₹200 Crore Luxury Apartment in Mumbai's Worli
Real Estate:In a notable development in Mumbai's luxury real estate market, the Zydus Family Trust has acquired a 17,384-square-foot apartment in the upscale neighborhood of Worli. The property, located in the Oberoi Three Sixty West project, has been valued at ₹200 crore, showcasing the continued interest in high-end real estate in the city.

The transaction underscores the enduring appeal of prime properties in Mumbai, despite the economic challenges faced in recent years. Oberoi Three Sixty West, a project by Oberoi Realty, is known for its premium location and luxury amenities, making it a coveted address for high-net-worth individuals and families.

The Zydus Family Trust, associated with the pharmaceutical giant Cadila Healthcare, has a strong presence in the Indian business landscape. This acquisition is seen as a strategic move to diversify their investments and secure a foothold in one of Mumbai's most desirable locations. The trust's decision to invest in such a high-value property is a testament to the resilience of the luxury real estate market in Mumbai.

Mumbai, known as the financial capital of India, has always been a hub for luxury real estate. The city's prime locations, such as Worli, continue to attract significant investments from both domestic and international buyers. Worli, in particular, is renowned for its scenic views, excellent infrastructure, and proximity to key business districts, making it an ideal choice for luxury property buyers.

The apartment in question spans 17,384 square feet and is part of a larger project that boasts world-class amenities, including state-of-the-art security systems, lush green spaces, and top-notch recreational facilities. The Oberoi Three Sixty West project is designed to cater to the discerning tastes of luxury property buyers, offering a blend of modern architecture and premium living standards.

This acquisition by the Zydus Family Trust is not just a financial transaction but also a symbolic gesture of confidence in the Indian real estate market. It reflects the trust's long-term vision and commitment to investing in assets that promise both stability and growth. The property, with its expansive living spaces and prime location, is expected to retain its value and potentially appreciate over time.

For Oberoi Realty, this sale is a significant milestone that validates their approach to developing premium real estate projects in key locations. The company has a track record of delivering high-quality developments that meet the expectations of luxury property buyers. The success of the Oberoi Three Sixty West project is a testament to the company's expertise and the enduring demand for luxury living in Mumbai.

In the context of the broader real estate market, this transaction highlights the resilience of the luxury segment. While the global economic environment has been challenging, high-net-worth individuals and families continue to seek properties that offer a combination of luxury, security, and long-term value. The acquisition by the Zydus Family Trust is a clear indication that the luxury real estate market in Mumbai remains a compelling investment opportunity.

As the real estate landscape continues to evolve, it is likely that more such high-value transactions will take place, driven by a combination of economic factors, investor confidence, and the ongoing demand for premium living spaces. The Zydus Family Trust's investment in the Oberoi Three Sixty West project is a significant step in this direction, setting a precedent for future investments in Mumbai's luxury real estate market.

Frequently Asked Questions

What is the value of the luxury apartment purchased by the Zydus Family Trust in Worli?

The luxury apartment purchased by the Zydus Family Trust in Worli is valued at ₹200 crore.

Where is the Oberoi Three Sixty West project located?

The Oberoi Three Sixty West project is located in Worli, one of the prime neighborhoods in Mumbai, India.

What is the size of the luxury apartment purchased by the Zydus Family Trust?

The luxury apartment purchased by the Zydus Family Trust is 17,384 square feet in size.

What are some notable features of the Oberoi Three Sixty West project?

The Oberoi Three Sixty West project offers state-of-the-art security systems, lush green spaces, and top-notch recreational facilities, making it a prime choice for luxury property buyers.

Why is the acquisition by the Zydus Family Trust significant for the real estate market in Mumbai?

The acquisition by the Zydus Family Trust is significant as it reflects the enduring appeal of prime properties in Mumbai and the continued interest in high-end real estate, despite economic challenges.

Related News Articles

Understanding Long-Term Capital Gains Tax on Real Estate: Clarification on Acquisition Cost
Real Estate

Understanding Long-Term Capital Gains Tax on Real Estate: Clarification on Acquisition Cost

The I-T department has provided clarity on the acquisition cost of real estate properties purchased before 2001 for LTCG calculations, which is now taxed at 12.5%.

July 26, 2024
Read Article
India's Independence Day Winners: Stocks That Made Investors Crorepati in Just One Year
real estate news

India's Independence Day Winners: Stocks That Made Investors Crorepati in Just One Year

Real estate, agriculture, and consumption sectors are expected to deliver superlative returns to investors in the long run.

August 14, 2024
Read Article
Godrej Interio Launches 'Reserve Plus' and 'Gain Pro' for Enhanced Office Efficiency
Real Estate Pune

Godrej Interio Launches 'Reserve Plus' and 'Gain Pro' for Enhanced Office Efficiency

Godrej Interio, a leading home and office furniture business, introduces the 'Reserve Plus' and 'Gain Pro' storage solutions to optimize workspace and enhance productivity.

October 7, 2024
Read Article
Micromitti Unveils Innovative Investment Vehicles to Empower Micro-Investors in Real Estate
real estate news

Micromitti Unveils Innovative Investment Vehicles to Empower Micro-Investors in Real Estate

Micromitti, a leading PropTech firm in Central India, is set to launch Real Estate Investment Trusts (REITs), AIF Category 2 Real Estate Funds, and Private Equity (PE) investments, providing affordable and high-return opportunities for micro-investors in

October 17, 2024
Read Article
India's Festive Housing Surge: A New Chapter in Real Estate
Real Estate

India's Festive Housing Surge: A New Chapter in Real Estate

The festive season in India is poised to ignite the housing market, building on the robust sales trends of 2023 and 2024. With attractive offers and new property launches, the real estate sector is set for a significant boost.

October 19, 2024
Read Article
APAC Investors Beef Up Presence in Indian Real Estate Market
Real Estate Pune

APAC Investors Beef Up Presence in Indian Real Estate Market

Asia Pacific funds are increasingly investing in India's real estate sector, attracted by the country's robust economic growth and strategic location. This influx of capital is driving significant development and innovation in the Indian real estate marke

November 23, 2024
Read Article