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India Sotheby’s International Realty bags mandate to sell Rs 800 crore worth ultra-luxury apartments in Mumbai – DailyExpertNews

by Nick Erickson
September 17, 2023
in Business
Reading Time: 2 mins read
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India Sotheby's International Realty bags mandate to sell Rs 800 crore worth ultra-luxury apartments in Mumbai - Times of India
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NEW DELHI: Real Estate Advisor India Sotheby‘S International real estate said on Sunday that it has been given a mandate to sell ultra-luxury apartments worth Rs 800 crore in Mumbai’s Worli. India Sotheby’s International wrote this in a statement Property said it has signed an exclusive sales and marketing mandate with The Residency, Worli, Mumbai, which houses 19 ultra-luxury residences.
Prime Realty is the developer of this project.
These properties are ready with completion and occupancy certificates, it added.
The price of these luxury homes starts at Rs 60 crore each. Some copies have already been sold.
India Sotheby’s International Realty has been mandated to sell properties worth Rs 800 crore.
The size of each flat is approximately 5,510 square feet.
Amit Goyal, Managing Director of India Sotheby’s International Realty, said: “Luxury real estate sales in India’s financial capital and India’s richest city have registered record sales in the first six months of 2023.”
India Sotheby’s International Realty did not disclose how much brokerage fees it will earn from the sale of these units.



Tags: apartmentsBagsBusiness NewsCroreDailyExpertNewsIndiaIndia SothebyInternationalinternational real estateMandateMumbaipropertyRealtysellSotheby's international real estateSothebysultraluxuryWorth

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