Feat Properties buys luxury bungalow in Mumbai at Rs 182.75 cr

Feat Properties Private Limited, a subsidiary of K Raheja Corporation, has purchased a 3,278 sqm bungalow in Juhu, Mumbai, for Rs 182.75 crore from Bollywood film director and producer BR Chopra.

According to the document, the deed of transfer was registered on May 27, 2022 and Rs 11 crore had already been paid as stamp duty.

CEO and co-founder of CRE Matrix, Abhishek Kiran Gupta, said that alongside South Mumbai, Bandra and Juhu have been the main luxury micromarkets in Mumbai for decades. These micromarkets offer fantastic views of the Arabian Sea and social infrastructure, including clubs, diners and five-star hotels.

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