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Apr 6, 2010

Worli duplex goes for Rs.37 crs. - Mumbai

India's costliest realty deal, a duplex flat in Samudra Mahal, Worli, measuring 3,600 sqft, was sold for a whopping Rs 37.25 crore yesterday. The flat was sold at Rs 1.03 lakh per sqft


According to a real estate source, a nationalised bank promoter bought the flat, at a private auction held for the flat by DTZ, a Mumbai-based real estate consultancy firm.

Ramdas Mankodi, a real estate consultant in the suburbs, said that the buyer of the costliest flat could have bought nearly 74 one-BHK flats or nearly 50 two-BHK flats in Borivali.

Mid-day tried finding out what one could have got in the world's most desirable places for the same price.

The money could fetch a home of nearly 1,764 sq. ft. in Monte Carlo, the world's costliest location, in Monaco.

In London, one could buy a sprawling 4,046-sq-ft house near the Thames.

According to Hamir Asher, a real estate broker from Dubai, at the same amount the buyer could have got two signature villas in Palm Jumeirah or could be the proud owner of an entire floor measuring nearly 9,000 sqft in Burj Khalifa, the world's tallest building.

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