Ashar Group, one of the fastest-growing real estate conglomerates in the Mumbai Metropolitan Region (MMR), marks the transaction of a luxury Triplex apartment in the recently launched ultra-luxury project, ‘The Legend by Ashar’ at Pali Hill, Bandra.
The sea-view apartment, spanning an expansive 9527 square feet, was purchased for a final value of INR 172 crores. This transaction achieved an impressive rate of INR 1.81 lakh per square foot, setting a new benchmark in the Mumbai real estate market and underscoring the exceptional appeal of this prestigious project. Located on the 9,10,11 floors (triplex) of the 11-storey residential building, the apartment’s buyer has paid a stamp duty of INR 9.30 crores. The deal was registered on 23 July. This milestone signifies a pivotal moment in transforming the historic residence of Bollywood legend late Dilip Kumar Sahab into a modern residence while preserving its nostalgic charm and historical significance.
Ashar Group’s latest offering encompasses over 1.75 lakh square feet of premium residential real estate in one of India’s most exclusive addresses – Pali Hill, Bandra West. ‘The Legend by Ashar’ is Ashar Group’s second luxury project in Pali Hill, following ‘Navroze by Ashar’, which recently recorded one of Mumbai’s highest value deals. The project is RERA certified.
The Luxurious developmentof the late Dilip Kumar Sahab’s residence into a modern marvel respects the grandeur of its past while incorporating state-of-the-art amenities and European Art Deco architectural design. ‘The Legend by Ashar’ blends luxurious living with rich cultural heritage, offering a unique experience in one of Mumbai’s most sought-after neighbourhoods.
The project comprises exquisitely designed apartments offering breathtaking views of the city and the Arabian Sea, ensuring residents experience tranquility amidst the bustling metropolis. Each unit in ‘The Legend by Ashar’ features high ceilings, expansive living spaces, and top-of-the-line finishes that epitomise luxury living. The Project offers three luxurious residential options: The Estate, featuring expansive residences spread across 3200 sq.ft. with the widest span of windows and columnless floorplates; The Duets, vertical villas with double-height living areas that epitomize 3400 sq.ft. of sheer opulence; and The Bungalows, the most enviable living spaces in Pali Hill with access to private gardens spanning across 3700 sq.ft.
With bespoke interiors, private terraces, and access to world-class amenities, including a fully equipped fitness centre, a lavish swimming pool, and personalized concierge services, residents are promised an unmatched lifestyle.
About Ashar Group, a Mumbai-based leading luxury real estate developer. The Ashar Group, one of the most trustworthy developers of MMR, is well known as the fastest construction player in the MMR and is committed to quality and timeline. Ashar Group has already delivered 7.5 million sq.ft. of prime real estate till date and has over 12.5 million sq.ft of real estate under development since inception in 2001.