Agarwal Holdings has made its third successful acquisition in Mumbai’s prestigious Juhu locality, acquiring a land parcel worth Rs 455 crore from Shapoorji Pallonji Gwalior, part of the Shapoorji Pallonji Group. The plot spans approximately 19,589.22 sq-ft, cementing Agarwal Holdings’ position in Mumbai’s competitive real estate market.
This acquisition follows the company’s previous land deals in Juhu, with two additional plots purchased in September 2022, valued at a combined Rs 332.8 crore. Juhu continues to be a prime residential hub, attracting high-net-worth individuals (HNWI), including celebrities, due to its coastal appeal, proximity to the international airport, luxury housing, and excellent social infrastructure. Agarwal Holdings’ latest acquisition highlights Mumbai’s enduring appeal for both commercial and residential investments. As Mumbai remains India’s financial capital, strategic locations like Juhu continue to draw interest from industries looking for prime real estate opportunities.
Founded in December 2020, Agarwal Holdings specializes in supporting financial institutions, providing essential services in loan applications, credit analysis, investment advice, and insurance brokerage. The company’s real estate acquisitions further enhance its position in Mumbai’s thriving property market, offering lucrative returns on investments driven by high demand and limited land availability.