Bengaluru: The Promotor Family of Drug Maker Blue Jet Healthcare joined Worli’s luxury real estate rush and pitched three high-end Mumbai houses for more than £ 202 amid a wave of record offers in the most expensive real estate strip. Akshay Bansarilal Arora, chairman of the Blue Jet Healthcare, bought two units of 7,669 square meters with five parking lots each in the long delayed Palais Royale for £ 57.14, while managing director Akshay Arora picked up a 7,747 square meters in Raheja Artesial for £ 88 Crore. Worli Boom The purchases come as Worli’s luxury market new peaks scale, with multiple sales of over £ 100 in 2024 and markets projects such as Naman Xana that attract billionaire buyers at record prices. Limited supply, excellent locations in the sea and the growing question semifies the neighborhood’s status as Mumbai’s “Billionaire Street.” The property transactions of the Chairman were registered on May 3, according to documents obtained by the real estate data platform, Zapkey. The property of Shiven Akshay Arora is registered on July 28. While the Palais Royale units were sold by the project developer, Honest Shelters PVT. Ltd., the Raheja Artesia transaction was a resale agreement. The 84-story Palais Royale, which is the highest residential tower in India, is still under construction of pioneering work. The project is trapped in delays and is even embraced today in court cases with several buyers. This missed another completion date in December 2024. Raheja Artesia, on the other hand, is a well -known luxury project by K. Raheja Corp Homes completed and delivered. Blue Jet Healthcare and Honest Shelters could not be reached immediately for their comments on the transactions. The spokesman for AK Raheja Corp did not respond to inquiries. High-end transactions in 2024 were sold 10 houses in Worli for over £ 100 crore each, at four such transactions the previous year. A total of 30 houses were priced above £ 40 crore each, worth a total £ 4.862 crore, in World in 2023 and 2024, according to Anarock Property Consultants. Also this year, Worli continued to clock a luxury home sales transactions with large tickets. In May, Shaula Real Estates Pvt. Ltd., which contains Tanya Arind Dubash, executive director and chief trade officer of GodreJ Industries Ltd, as one of its directors, bought a duplex apartment for £ 225.76 in Super Luxury Tower, Naman Xana. This follows another record-breaking agreement, in which chairman of the pharmaceutical firm USV Ltd Led Leda Gandhi Tiwari bought a space of 22,572 square meters in the same underpinning tower for £ 639. Sea-face, luxury residential projects such as Naman Xana, The Legacy and Lodha Seabe are creating a new billionaire street in the heart of World. In addition to the excellent location, the high demand for such exclusive homes and limited supply prices, which helps developers to give a premium.
Blue Jet Health Promoters Buy Homes in Worli Billionaire’s Street for £ 202 Crore
