A premium commercial retail property strategically located at Nana Chowk, in the heart of South Mumbai. The property offers a rare freehold opportunity in a prime, high-street micro-market surrounded by luxury residential developments and thriving commercial activity. The asset presents strong potential for repositioning, redevelopment, or adaptive reuse into flagship retail, boutique offices, or mixed-use formats.
Location: South Mumbai – well-connected to Kemps Corner, Grant Road, and Tardeo
Total Built-up Area: ~42,266 sq. ft. (~3,929 sq. m.)
Total Carpet Area: ~22,319 sq. ft. (~2,076 sq. m.)
Structure: Basement + Ground + 3 Upper Floors (with partial second & third floors)
Car Parking: 26 dedicated car parks
Status: Fully vacant
Tenure: Freehold ownership
Price Expectation: ₹350 Crores (Negotiable)
The property represents a one-of-a-kind opportunity to acquire a freehold commercial block in an established and supply-constrained South Mumbai market. Ideal for developers, private investors, or family offices seeking a marquee address with both capital appreciation and asset repositioning potential.
| Sr. No. | Floor | Carpet Area (sq.ft.) | Carpet Area (sq.mtr.) | Built-up Area (20% on Carpet area) (sq.mtr.) | Ready Reckoner Rate 2024-25 (Rs. 1019100/-) | Value as per Ready Rekoner Rate 2024-25 (Rs.) | Present Status |
|---|---|---|---|---|---|---|---|
| 1 | Basement | 1638 | 152 | 183 | 30,000 | 590,000,000 | Storage Area |
| 2 | Basement | 3200 | 26 Car Park | 2,500,000 per Car Park | 65,000,000 | Car Park | |
| 3 | Ground | 5393 | 501 | 601 | 1,019,100 | 612,479,100 | Unalloted |
| 4 | First | 9774 | 908 | 1090 | 866,235 | 944,196,150 | Unalloted |
| 5 | Second | 11824 | 1098 | 1318 | 815,820 | 1,074,539,040 | Unalloted |
| 6 | Third | 1509 | 140 | 168 | 815,820 | 136,967,040 | Unalloted |
| 7 | Third | 4100 | 381 | 457 | 815,820 | 372,582,960 | Cultfit |
| 8 | Third | 4828 | 449 | 538 | 815,820 | 438,602,640 | Lil’ Ele’Fun |
| TOTAL | 42266 | 3629 | 4355 | 4,234,384,930 | |||
