Luxury Apartments That Will Make Lower Parel the Upper Worli
A Wealth Management report by Kotak Wealth Management and Crisil indicates that the decision to buy a luxury home for an Ultra HNI is based 25 per cent on the apartment’s location (largest share), with interiors, size, exclusivity, etc next in line.
Could this be why builders like Lodha and India Bulls are aggressively rebranding the former mill area of Lower Parel to the now swanky and enviable Upper Worli?
Look out South Bombay, for these new luxury apartments are vying for the spot of the new ‘It’ residences in town
Image Courtesy: Kotak