Bandra Supreme ArtHouse Closes Rs 174 Crore Deal in Luxury Market

Supreme Universal has successfully closed a Rs 174 crore deal at its flagship ultra-luxury project, Supreme ArtHouse.

Located on the prestigious Carter Road, this exclusive sea-facing duplex has been acquired by Sarvesh Singh, Executive Director of Alkem Laboratories. The purchase of this 12,148 sq. ft. duplex, spread over two entire floors, has not only set a new benchmark for luxury residences in Bandra but has also redefined the standards of exclusivity and opulence in the city’s western seafront. The transaction attracted a stamp duty of ₹10.44 crore, underlining the significant financial commitment involved in such high-end real estate dealings. With views of the Arabian Sea on three sides, the property offers unparalleled privacy and an environment of serenity, making it one of the most coveted residences in Mumbai.

Strategically positioned at the corner of Carter Road, Supreme ArtHouse exemplifies the pinnacle of luxury living. With only one apartment per floor, the development ensures a rare level of privacy and spaciousness, catering to the high-end segment of discerning buyers. The sea-facing duplex blends timeless elegance with cutting-edge architectural design, capturing the essence of ultra-luxury. This monumental transaction signals the increasing desirability of Bandra as a location for high-net-worth individuals seeking exclusive living spaces. The development, known for its bespoke designs and precision-driven architecture, has further cemented Supreme Universal’s position as a leading developer in the high-end residential market. The developer’s ability to craft landmark residences in prime locations, particularly in Mumbai and Pune, has earned it a reputation for delivering homes that transcend luxury, offering an unparalleled living experience.

Sunny Bijlani, Joint Managing Director of Supreme Universal, expressed, “We understand the ultra-luxury segment deeply – from refined design sensibilities to the distinct preferences of today’s discerning customer. While such high-value transactions are often associated with South Mumbai or Worli, this deal at Supreme ArtHouse is the largest of its kind on the Bandra seafront. Ultra-luxury is not just a segment for us; it defines our core values and approach to real estate development.” The deal highlights the growing prominence of Bandra in Mumbai’s competitive luxury real estate sector, where properties that offer scenic views, architectural innovation, and exclusivity are becoming increasingly sought after.

Supreme ArtHouse’s unique location and unmatched design make it a standout in the highly competitive luxury property market, pushing the boundaries of what is possible in Mumbai’s luxury residential space. As Mumbai continues to evolve, with premium developments like Supreme ArtHouse at the forefront, the city’s real estate sector shows no signs of slowing down. In an era where luxury and sustainability are paramount, such developments not only represent the pinnacle of modern living but also set the tone for the future of eco-conscious, high-end urban residences.

“We understand the ultra-luxury segment deeply – from refined design sensibilities to what today’s discerning customer truly desires,” said Sunny Bijlani, Joint Managing Director, Supreme Universal. “While such transactions are more commonly seen in South Mumbai or Worli, this deal marks the largest of its kind on the Bandra seafront. At Supreme Universal, ultra-luxury is not just a segment – it’s our core strength and identity.”

Bandra Supreme ArtHouse Closes Rs 174 Crore Deal in Luxury Market