Now, news comes from famous cricketer Prithvi Shaw’s apartment in Mumbai. Prithvi Shaw is a young and upcoming Indian Cricketer who scored well and showed interest in different sectors apart from playing cricket. Let’s cover the full report of the Prithvi Shaw apartment in Mumbai.
There is no doubt that the real estate prices in Mumbai are high at all times and are increasing day by day. In this real estate bubble, the chance to buy a property for a younger generation is getting harder and harder.
According to reports, an apartment of Rs. 10.5 crore in Mumbai bought by Prithvi Shaw, an upscale Bandara neighborhood. At 22, the Delhi Capital star purchased his first home. And it’s an outstanding achievement with their passion for cricket.
Here, let’s know about cricketer Prithvi Shaw, apartment infrastructure, and so on:
About Prithvi Shaw:
Prithvi Shaw, a young cricketer who is now competing in the Indian Premier League (IPL) 2022, is one of the greatest players in the country. Prithvi Shaw, 22, has purchased a property in Mumbai’s Bandra neighborhood. It will set you back Rs 10.5 crore.
Prithvi Shaw led the Indian Under-19 cricket side to victory in the Under-19 Cricket World Cup in February 2018. In the same year, he was bought for Rs. 1.2 crores in the Indian Premier League (IPL) auctions by Delhi Daredevils. He presently plays IPL cricket for Delhi Capitals and domestic cricket for Mumbai Indians.
The infrastructure of the apartment:
According to the Economic Times, this 2,209-square-foot residence is located on the eighth floor of an affluent Bandra community. The apartment is on the 8th level of the residential skyscraper 81 Aureate and has a carpet area of 2,209 square feet and a patio of 1,654 square feet. In addition, Shaw will get exclusive access to three parking spaces as part of the contract.
Amount to buy an apartment:
Prithvi Shaw, an Indian cricketer, has paid Rs 10.5 crore for a premium residential property in Mumbai’s Bandra reclamation.
For the transaction that took place on March 31 and was registered on April 28, the buyer paid Rs 52.50 lakh in stamp duty, according to papers available through Indextap.com.
The 22-year-old batsman bought the condo from the project’s developers, Pyramid Developers, and Ultra Life space. He could not be reached for comment right away.
The sale of Shaw’s flat took place immediately before the Maharashtra government raised the ready reckoner and stamp duty rates. However, the state government has announced a 5% increase in ready reckoner rates for real estate property in Mumbai, Maharashtra, from April 1.
According to the updated ready reckoner rates, the most significant rise will be in the Thane municipal boundaries, which would see a 9.48 percent hike, while prices in greater Mumbai will see a 2.34 percent increase. In addition, the government has imposed a 1% Metro cess on stamp duty in Mumbai, which has increased the cost of property acquisition in the city.
After the state government announced a limited-window stamp duty cut, Mumbai, the country’s largest and most expensive real estate market, recently set new standards for property transactions. As a result, many flats are for sale in Mumbai, and real estate property dealers are ready to sell their flats at a high cost. If you like the Prithvi Shaw apartment in Mumbai, please provide your feedback in the comment section.
Mumbai is one of the most populated cities in India. Apartments in Maharashtra are a great investment option. They always sell, but celebrities like their location and interior design before purchasing their home. The price will never depreciate.
Contact us to know about real estate property rates and flats for sale. majheghar.com will help you to choose the best apartment or house for you in the best location in Mumbai.