Great White Global Pvt. Ltd, manufacturers of home electrical equipment, has purchased two apartments in Oberoi 360 West, Worli for Rs 225 crore. According to the documents accessed by IndexTap.com, the company purchased the apartments situated on the 52nd and 56th floors of the building from Oberoi Realty Pvt Ltd.
About The Apartments
The apartments of 8,041 sq ft are valued at Rs 112.55 crore each and the company paid stamp duty of Rs 4.41 crore for the apartment situated on the 52nd floor beside and Rs 4.39 crore for the one situated on 56th floor. The deal for both properties was registered on October 24, 2024, the documents revealed. The apartments come with parking space for five cars each, it said.
In its latest report, "Homebuyer Sentiment Survey - H1 2024", the Federation of Indian Chambers of Commerce and Industry (FICCI) and ANAROCK Property Consultants have unveiled significant shifts in homebuyer preferences and market dynamics in India's real estate sector.
Key Findings Of The Homebuyer Sentiment Survey - H1 2024 Report
The key findings from the report state that real estate remains the most preferred asset class for investment, with 59% of respondents favouring it. While 67% of buyers seek property for end use and 33% invest, demand for ready homes has declined significantly. The ratio of ready homes to new launches is now 20:25, compared to 46:18 in H1 2020.
Similarly, 51% of respondents prefer 3BHK units, showing increased demand for larger homes. The budget between Rs 45 and Rs 90 lakh remains the most popular (35% preference), but there's a shift towards premium properties as 28% now prefer homes priced between Rs 90 lakh and Rs 1.5 crore.
