High-Value Real Estate Deals Dominate 2023 Across Mumbai, Delhi-NCR, and Bengaluru

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    In a standout event for the real estate market of 2023, a significant property deal made headlines as family members and associates of D’Mart founder Radhakrishna Damani purchased 28 housing units valued at Rs 1,238 crore in Mumbai’s Worli area in February 2023.

    Throughout 2023, the luxury residential segment witnessed notable activity, notably among high-net-worth individuals (HNIs) and their families across Mumbai, Delhi-NCR, and Bengaluru.

    Mumbai’s Real Estate

    • Family members and associates of D’Mart founder Radhakrishna Damani secured 28 housing units worth Rs 1,238 crore in Mumbai’s Worli area.
    • The Taparia family, associated with Famy Care, acquired six sea-facing properties valued at around Rs 369 crore.
    • Bajaj Auto Chairman Niraj Bajaj purchased a sea-facing triplex apartment in Lodha Malabar Palaces by the Sea for Rs 252.5 crore.
    • Welspun Group Chairman BK Goenka invested Rs 230 crore in a penthouse in Worli.

    Transactions in Delhi-NCR

    • Vasudha Rohatgi, wife of former Attorney General Mukul Rohatgi, acquired a bungalow in Delhi’s Golf Links for Rs 160 crore.
    • Businessman Bhanu Chopra purchased a bungalow in Delhi Golf Links for Rs 127.5 crore.
    • A luxury apartment was sold for around Rs 114 crore at The Camellias by DLF in Gurugram.

    Bengaluru’s Real Estate Dynamics

    • Dilip Surana, chairman of Micro Labs Ltd, secured a bungalow in Bengaluru for Rs 66 crore.
    • TVS Motors acquired a bungalow in Bengaluru’s Koramangala for Rs 20.93 crore.
    • NRJN Family Trust, established by Infosys co-founder Nandan Nilekani, sold a property in Bengaluru’s Billionaire Street for Rs 54.70 crore.

    In 2023, these notable luxury home transactions in Mumbai, Delhi-NCR, and Bengaluru highlighted a year of significant movements in the high-end real estate sector.

    (Source: Moneycontrol)

    Also read: Dr. Niranjan Hiranandani’s statements about the Indian real-estate sector

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