Macrotech Developers Sells Worli Apartment for ₹187 Crore
Macrotech Developers has made headlines with the sale of a luxury apartment in Mumbai’s Worli for ₹187 crore. The high-end property, located in the under-construction Lodha Sea Face project, spans 14,866 sq. ft. and stands as one of the most expensive real estate transactions in recent times.
The transaction was officially registered on March 13, 2025, with a stamp duty payment of ₹11.25 crore and a registration fee of ₹30,000. The deal highlights the strong demand for premium properties in South Mumbai, where real estate prices have remained robust despite market fluctuations.
Worli is among the city’s most prestigious residential areas, known for its luxurious apartments, breathtaking sea views, and proximity to key business hubs. Industry experts estimate that luxury apartments in this locality command prices ranging from ₹1 lakh to ₹1.60 lakh per sq. ft. The Lodha Sea Face project, spread over 1.5 acres, features exclusive 5 BHK and 6 BHK residences designed for ultra-high-net-worth individuals.
With only 29 residential units, the project is aimed at buyers seeking exclusivity and opulence.In 2024, Worli recorded 683 residential transactions in both primary and secondary markets, with total sales reaching ₹7,326 crore. The average property price in the area stood at ₹84,754 per sq. ft., reinforcing its reputation as a prime luxury real estate destination.
With Mumbai’s luxury housing sector showing resilience, experts anticipate continued demand for high-end homes. Developers are increasingly focusing on sustainable and eco-friendly construction to meet evolving buyer preferences while maintaining the exclusivity and premium value of properties in the city.
