At 5x price, Navi Mum plot sold for record ₹5.5L/sq m
The Times of India Mumbai|November 22, 2022
The real estate market in Navi Mumbai was on fire on Monday when one of the 28 plots put on the block by the City and Industrial Development Corporation (Cidco) fetched a record-breaking Rs 5.54 lakh per sq m.
Nauzer K Bharucha.
At 5x price, Navi Mum plot sold for record ₹5.5L/sq m

Mumbai: This was nearly five times the reserve base price set by Cidco at Rs 1.14 lakh a sq m. It works out to Rs 306 crore for the roughly 1.3-acre plot (5,526 sq m) located at Sector 20, Palm Beach Road, Sanpada.

The builder who won the bid is Dinesh Pasoria of DPVG Ventures. His partner, Yogesh Thakker, told TOI, “This is the last of the prime sea-facing plots on Palm Beach Road. That is the reason why it fetched a record price.”

Denne historien er fra November 22, 2022-utgaven av The Times of India Mumbai.

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Denne historien er fra November 22, 2022-utgaven av The Times of India Mumbai.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.