In a landmark real estate transaction, a luxury apartment in the prestigious Lodha Sea Face complex in Worli has been sold for an astounding Rs 185 crore. The apartment has been purchased by Seema Singh, promoter of Alkem Laboratories.
The property, located on the 30th floor, Apartment No. 3001, A-Wing, has set a new benchmark in Mumbai’s high-end real estate market, according to the documents accessed by IndexTap.com.
Macrotech Developers Ltd., the renowned real estate company, facilitated the sale of this opulent residence. The buyer, Seema Singh, has acquired the expansive 14,866 square feet apartment, making it one of the largest and most expensive residential deals in the city’s history. The per square foot cost of the apartment stands at Rs 1,24,446.
The transaction was completed on December 11, 2024, with a substantial stamp duty of Rs 9.25 crore being paid. This luxurious apartment boasts nine spacious bedrooms, each offering breathtaking views of the Arabian Sea and the Mumbai skyline.
The Lodha Sea Face is synonymous with exclusivity and luxury, featuring state-of-the-art amenities, including a private swimming pool, a fully equipped gymnasium, and bespoke concierge services. The sale underscores the growing demand for ultra-luxury residences in Mumbai, reflecting the city's status as a global real estate hotspot.
Seema Singh’s acquisition highlights the resilience and allure of Mumbai's premium property market, which continues to attract high-net-worth individuals seeking unparalleled luxury and investment opportunities.
