Mumbai’s heritage ‘Leela’ bungalow in Juhu sold for ₹221 crore; what this landmark deal means for real estate market in the city
Mumbai's luxury real estate witnessed a landmark deal as the historic 'Leela' bungalow in Juhu sold for a staggering ₹221 crore. This sea-facing Art Deco gem, owned by the Nanavati family for decades, underscores the immense value of rare, standalone coastal properties amidst Mumbai's vertical development. The sale highlights the enduring appeal of heritage and prime locations.
Mumbai's luxury real estate witnessed a landmark deal as the historic 'Leela' bungalow in Juhu sold for a staggering ₹221 crore. This sea-facing Art Deco gem, owned by the Nanavati family for decades, underscores the immense value of rare, standalone coastal properties amidst Mumbai's vertical development. The sale highlights the enduring appeal of heritage and prime locations.
