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Flat sold for Rs. 53 Crores in Mumbai, a new record in the Indian Realty

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Claimed sources to www.propertykhazana.com says, an apartment which is situated in Pedder Road of Mumbai city measuring 6,000 sq ft was sold for a whooping amount of Rs. 53 Crores at an standard value of Rs. 88,300 per sq.ft. Meanwhile, the area is said to be very close to the CBD, SCBD and for other work places. The locality was hunted by the high net value (HNI), business leaders and by others and it was observing some interest. Due to the lack of new ventures and resale ventures the realty transactions in the adjacent areas has witnessed a down leap.
Source in continuation said to www.propertykhazana.com that, in Chennai complete furnished independent dwelling which measures over 4,500 sq ft on the East Coast Road was leased for Rs. 1.1 Lakhs per month and the accommodation was well liked from the purchasers and for those who are looking for a rental housing, because it was at the close proximity to the beach and adjacent to the road connecting to the major offices. The locality is easily reachable for the CBD and for other landmark places in Chennai. Because it has a stable growth in the rental prices and also it has recorded with an increase of 12% to 53%.
Meantime, an Apartment in Gurgaon was sold for an individual for whooping Rs. 3.1 Crores which measures 2,900 sq ft and the realty price of the land was about 10,000 per sq.ft. Gurgaon has standard price of Rs. 8,500 to Rs. 21,000 per sq. ft for the high-end housing units and has increased in interest from shareholders, because the prices have seen the uphill movement these days. There is a rise of 7% on the last quarter and 28% on the past year.
Source: NIMMA BENGALURU

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