Mumbai real estate: Everest food products promoter purchases apartment for Rs 73.50 crore in Oberoi’s 360 West

Mumbai real estate update: The higher-floor apartment measures 6,130 sq ft in carpet and has an additional area of 164 sq ft, the documents said.

Everest food products private limited promoter purchased an apartment worth Rs 73.50 crore in luxury project Three Sixty West by Oberoi Realty in the Worli area of Mumbai, according to documents accessed by proptech firm Zapkey.com

The higher-floor apartment measures 6,130 sq ft in carpet and has an additional area of 164 sq ft, the documents said.

The deal comes with six car parking spots and the deal was registered on October 30.

The buyers paid stamp duty of Rs 2.40 crore for the deal and registration charges of Rs 30,000, according to the documents.
Everest food products private limited confirmed the transaction. Meanwhile a query has been sent to Oberoi Realty.

The twin-tower Three Sixty West complex has been in the news in 2023 for having registered India's biggest property deal in the country. This was when 28 units were bought by family members and associates of D’Mart founder Radhakrishna Damani in Mumbai for Rs 1,238 crore. The transactions were registered on February 3.

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Mehul R Thakkar

Special Correspondent|Moneycontrol

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Also read: D’Mart’s Damani seals country's largest real estate deal at Rs 1,238 cr for 28 luxury apartments

Further, several high-profile deals were registered in the project in the last few months. In March, Avener Capital and Bajaj Consultants bought a duplex in the complex for around Rs 100 crore.

Three Sixty West is a project that contains 4BHK and 5 BHK units. It comprises two towers, one housing the Ritz-Carlton Hotel and the other luxury residences managed by the global hospitality chain. The sea-view project presumably gets its name because its height is 360 metres, and all apartments face the west.

Out of 1,16,220 units launched in the third quarter of calendar 2023 in the top seven cities across various budget categories, 31,180 units, or about 27 percent, were in the luxury category (priced over Rs 1.5 crore), according to a report by real estate consultant ANAROCK released on October 9.

Also read: Abhishek Bachchan sells luxury apartment in Mumbai for Rs 45.75 crore
This is the highest quarterly luxury supply entering the market in the last five years, the report added.