GECOM International has made a significant move in Mumbai’s luxury real estate market by acquiring a triplex apartment in Signature Island, Bandra-Kurla Complex (BKC) for nearly 100 crore. This ultra-premium residence spans 11,295 sq. ft. of carpet area on the 15th habitable floor, offering expansive living spaces in one of the most sought-after luxury towers in the city.
Key Transaction Details
Property: Triplex Apartment in Signature Island, BKC
Carpet Area: 11,295 sq. ft.
Floor: 15th Habitable Floor
Transaction Value: 100 crore
Stamp Duty Paid: 6 crore
Parking Slots: 10 Exclusive Car Parks
Buyer: GECOM International, a company specializing in educational collaborations between Indian and foreign universities.
This high-profile acquisition further cements BKC’s reputation as the preferred luxury residential and business hub in Mumbai, attracting high-net-worth individuals from across industries.
BKC: The Hub of A-Grade Commercial Spaces
BKC has established itself as Mumbai’s top business district, boasting Grade-A commercial spaces that house the headquarters of leading banks, multinational corporations, and financial institutions. This influx of corporate giants has significantly strengthened BKC’s positioning as a prime business and luxury residential hub.
Expat-Friendly Residential Communities
Among the most popular luxury residential projects in BKC, Signia Isles and Signia Pearl have emerged as top choices for expat families, given their proximity to prestigious international schools such as the American School of Bombay and Dhirubhai Ambani International School. This has further increased the demand for premium residences in the area.
Luxury Hospitality & Cultural Attractions
Adding to BKC’s lifestyle appeal is its high-end hospitality sector, with Trident and Sofitel catering to business executives and international visitors. The recently launched Nita Mukesh Ambani Cultural Centre (NMACC) has further elevated BKC’s status as a cultural and entertainment hotspot, hosting world-class performances, art exhibitions, and exclusive events.
BKC: The Heart of Mumbai’s Gourmet Dining Scene
Over the years, BKC has evolved into Mumbai’s premier destination for high-end gourmet restaurants. The area is now home to some of the city’s most exclusive fine-dining establishments, curated by Michelin-starred chefs and luxury hospitality brands. This transformation has made BKC a go-to destination for affluent professionals, celebrities, and corporate executives, further increasing the attractiveness of residential properties in the area.
Luxury Real Estate Boom in Mumbai
The overall real estate market in Mumbai has been witnessing a surge in high-value transactions, with properties priced above 100 crore selling faster than ever. The city remains India’s most expensive real estate market, with BKC leading as the most sought-after location for ultra-luxury living.
Signature Island: A Coveted Address
Signature Island, developed by Sunteck Realty, has seen ownership by some of the biggest names in business and entertainment, including:
Uday Kotak (Founder, Kotak Mahindra Bank)
Gautam Adani (Chairman, Adani Group)
Vikram Pandit (Former CEO, Citigroup)
Gunit Chaddha, Mihir Doshi, and Ashok Wadhwa
Bollywood stars Aishwarya Rai Bachchan and Sonam Kapoor
With its strategic location, top-tier infrastructure, and seamless connectivity, BKC continues to be the epicenter of Mumbai’s luxury real estate market. The presence of global financial institutions, corporate headquarters, and premium lifestyle amenities ensures that BKC remains the preferred destination for India’s elite buyers.
Expert Opinion
Sandeep Sadh, a real estate expert, commented on the growing prominence of BKC, stating, "BKC has transformed into Mumbai’s most desirable location, not just for business but also for ultra-luxury living. The combination of world-class commercial spaces, premium residential towers, top international schools, and high-end lifestyle amenities makes it an unbeatable choice for high-net-worth individuals."