Vedanta family buys flat in Raheja Legend, Worli
Worli has been in the news for the past few years and especially when it comes to high value transactions.
Worli is surely the New City Centre and with prime buildings and large apartments developed like Oberoi Three Sixty West, Raheja Artesia, Raheja Legend, Lodha World Towers Ciel, Rustomjee Crown, Trump Towers are the most desired apartments as the buildings are new and the Billionaires in India prefer now to stay in buildings which are new with like minded and similar profile families. Most importantly most of the residents have bought properties at similar values so the profile remains more or less the same, be it the Top Industrialists, Bankers, Venture Capitalists or CEO or CMD of the Indian Corporate World and of the MNC’s in India.
These select buildings in Worli have limited options and only a few handful of large apartments with 3000 sq ft plus areas etc, which is the minimum required for any one looking for a large 3 or a 4 bedroom apartment.
Recently Birla Estates launched a new project named Birla Niyara there and the same did business upwards of 1500 Cr.
The apartment bought by the Vedanta family is in Raheja Legend which is located on Dr.Annie Beasant Road and commands a 360 Degree View since there is only 1 flat per floor. To the West is the Sea and Raheja Legend is one of the only buildings which is closest to the Sea as it touches the Dr.Annie Beasant Road and there are no other buildings obstructing view. Towards the East, the view of the entire Lodha Buildings and Rustomjee Crown and India Bulls Sky Forest etc and the eastern sea front.
The apartment bought by Mrs.Kiran Agarwal is on the 36th Floor admeasuring approximately 3000 Sq.ft Carpet at Rs.45 Cr. The Per Sq.ft Rate becomes close to 1.45 Lakhs Per Sq.ft.
From the year 2020 to 2022 a lot of High Value Transactions have been reported either by Celebrities or by Industrialist in Mumbai City and Worli has seen a majority of them in Raheja Artesia, Oberoi Three Sixty West, recently Mr.Ranveer Singh (Actor) bought a 4 level apartment in Bandra.
Its interesting to see how well maintained buildings with already High Profile families are attracting other families as well. Omkar 1973 which was touted the best building when it started construction has prices nearly @50000/- PSF, RNA Mirage is also at similar values.