Mumbai real estate witnessed peak business this year. Also, the year recorded the inclination of distinguished investors here grabbed attention. From renowned names including, Godrej to other business tycoons, here’s the list of top business giants who invested in the Mumbai real estate.
Top Business Leaders holding Investments in Mumbai Real Estate
- Nadir Godrej
(Image Courtesy – India Today)
In June 2024, Nadir Godrej, Managing Director, of Godrej Industries bought three luxury residential apartments in Mumbai. The aristocratic property worth Rs. 180 Crore is in South Mumbai’s Ruparel House, Malabar Hills.
According to Zapkey.com, each of these apartments is valued at Rs. 59.95 crore and has 12 car parking. It marked the top Mumbai real estate deal in the year 2024.
- Rekha Jhunjhunwala
(Image Courtesy – Forbes India)
The wife of late billionaire stock investor Rakesh Jhunjhunwala also made a valuable real estate investment in Mumbai. She purchased maximum units to ensure uninterrupted views of the Arabian Sea from her luxury abode in Malabar Hills, South Mumbai.
According to Zapkey.com, Rekha Jhunjhunwala cracked a deal for a whopping Rs. 118 crore to ensure a panoramic view. It is one of its kind but a top Mumbai real estate deal in 2024. Her current residence, RARE Villa in Malabar Hill was witnessing redevelopment. Being not ready for an obstructed view, Rekha Jhunjhunwala bought almost all apartments to ensure an unobstructed visual retreat.
- RR Kabel
(Image Courtesy- Wire Cable)
Shreegopal Kabra, the promoter of RR Kabel, a wire and cables manufacturer bought two apartments with his family. At a value of Rs. 198 crore in Worli, reported InexTap.com.
These luxury residential apartments are in the Oberoi Three Sixty West property, developed by the Oberoi group. All these apartments are valued at more than Rs. 1.43 lakh per sq ft and have 10 car parking. Thus, the corporate giant list its name in top Mumbai real estate deals in 2024.
Mumbai Real Estate top Investors from Corporate World
- Polyester Group CMD
(Image Courtesy – The CEO Magzine)
Mumbai real estate top deals in 2024 include Anil Gupta, Chairman and Managing Director, Polyester Ltd.
He bought two luxury residential apartments in Mumbai from the Lodha Group for worth Rs. 270 crore. These two abodes cover a giant share of 19,000 sq ft. The information is a reflection of documents shown by IndexTap.com.
- Motilal Oswal Group
Ashish Sharad Gumashta, Managing Director, Motilal Oswal Financial Services, purchased a luxury residential property in Bandra, Mumbai. The residential apartment in 3416 sq ft values at Rs. 36.19 crore according to IndexTap.com.
- Marico Group, CEO
Saugata Gupta, Managing Director and Chief Executive Officer of Marico bought a luxury apartment in South Mumbai. The luxury residential project is in Worli, Mumbai, and overlooks the spectacular nature from the 24th floor.
Saugata Gupta, finalized the deal in Rs. 36.4 crore for a property with a super built-up area of 4,372 sq ft.
- Lloyds Group Promoter
The family members of Lloyds group bought a triplex apartment in Worli. According to Zapkey.com, the deal for one of the best luxury residential apartments in Mumbai is valued at Rs. 107.15 crore.
The immovable asset is a part of sea facing luxury residential property in Mumbai with 40 floors.
These are some of the high-value investments in Mumbai real estate this year. With massive development and the zest to build a legacy, more such transactions are expected to take place in the coming year.
