Mumbai Real estate deals in August 2024

Mumbai Real Estate Deals

Introduction: Mumbai’s real estate market was vibrant in August 2024, with numerous significant deals.

Highlights include:

  • Major office acquisition in Malad’s IT Park.
  • Sajid Khan’s upscale flat sale in Juhu.
  • Kangana Ranaut’s office purchase in Andheri West.
  • Ronit Roy’s luxury sea-view apartment in Versova.

These transactions emphasize the dynamic nature of Mumbai real estate deals, reinforcing the city’s status as a prime investment destination.

Kangana Ranaut Invests ₹1.56 Crore in Andheri Office Space

  • Kangana Ranaut invested over ₹1.56 crore in a new office space in Andheri, Mumbai.
  • The property spans 407 square feet and is located on the 19th floor of an under-construction commercial project.
  • This investment highlights her expanding footprint in Mumbai’s real estate market.

Ronit Roy and Wife Acquire ₹18.94 Crore Apartment in Versova’s Lodha Project

  • Ronit Roy and his wife Neelam purchased a luxurious 4,258-square-foot apartment in Versova for ₹18.94 crore.
  • The property is part of the Lodha Versova project by Macrotech Developers.

Sajid Khan Sells Juhu Apartment for ₹6.1 Crore

  • Bollywood director Sajid Khan sold his 2,176-square-foot Juhu apartment for ₹6.1 crore.
  • The sale included a stamp duty of ₹36.6 lakh and a registration fee of ₹30,000.
  • This transaction adds to the notable Mumbai real estate deals of August 2024.

IT Park in Malad Sold for ₹335 Crore in Major Mumbai Real Estate Deal

  • Property Ventures (India) Pvt Ltd sold an IT Park in Malad, Mumbai, to Clear Bridge Ventures LLP for ₹335 crore.
  • The IT Park spans 1.96 acres with a total saleable area of 1.47 lakh square feet across six floors.
  • This significant commercial transaction reflects the high value and demand in Mumbai’s commercial real estate sector.

Conclusion

August 2024 was a remarkable month for Mumbai real estate deals, marked by significant transactions in both residential and commercial sectors. High-profile investments by celebrities, such as Kangana Ranaut’s office purchase in Andheri and Ronit Roy’s luxury apartment acquisition in Versova, along with substantial commercial deals like the IT Park sale in Malad, highlight Mumbai’s allure as a top investment destination. These notable transactions not only underline the city’s status as a prime market for premium properties but also demonstrate its dynamic and lucrative appeal to investors seeking opportunities in India’s financial capital.