Oberoi Realty has sold an 8,570 sq ft penthouse in Goregaon, Mumbai, for ₹55 crore, which amounts to a record-breaking ₹64,822 per sq ft, among the highest ever in the western suburbs. The transaction highlights the growing demand for ultra-luxury residences beyond South Mumbai, driven by affluent buyers seeking larger homes and premium amenities.
Market experts note that while projects like Oberoi Sky City and Aquaria Grande in Borivali earlier crossed ₹50,000 per sq ft, this deal sets a new benchmark. The sale highlights trust in Mumbai’s luxury housing segment despite broader market fluctuations and suggests rising capital values in suburban micro-markets.
Posted By
Ruchi Mane
info@houssed.com
Ruchi Mane is the Senior Editor at Houssed, leading the platform’s real estate news coverage. She tracks trends in India’s luxury property market while overseeing editorial strategy, PR outreach, and social media communication.