Directors of Suraksha Realty Dive into Mumbai’s Luxe Living with Rs. 100 Crore Apartment

Directors of Suraksha Realty Dive into Mumbai's Luxe Living with Rs. 100 Crore Apartment

Suraksha Realty directors secure two Rs. 50 crore sea-view apartments, redefining luxury living in Worli’s Naman Xena.

Paresh and Vijay Parekh, directors of Suraksha Realty, have bought two sea-facing apartments in Mumbai’s Worli area for Rs. 100 crore.

These abodes, on the 26th and 27th floors of the upcoming Naman Xena tower, offer a carpet area of 6,458 sq. ft. each. The Parekh brothers sealed the deal on November 7, giving over Rs. 6 crore just for the stamp duty.

Securing these high-end apartments directly from Shree Naman Residency, the developers of the Naman Xena project, the duo also secured a sweet deal on eight parking slots to accompany their luxurious purchases.

Naman Xena, a 27-storey marvel spanning over 0.6 acres along the Worli Sea face, promises the flexibility of customization. Residents can mould their living spaces into duplex dreams with a bare shell floor plate.

Mumbai, known for its real estate market, marked an all-time high in October. Despite soaring mortgage rates and property prices, the city recorded a remarkable 25.5% YoY surge in property registrations, hitting 10,566 transactions. Stamp duty collections reached a huge Rs. 833 crore, adding a hefty sum to the state’s coffers.