Alkem Labs Promoter Seema Singh Purchases ₹185 Crore Luxury Apartment in Mumbai

The 14,866 sq ft sea-facing residence in Worli's Lodha Sea Face sets a new benchmark in India's high-end real estate market.

Seema Singh, a promoter of Alkem Laboratories, has acquired a ₹185 crore luxury apartment in Worli, Mumbai, on December 11, 2024.
The apartment, located on the 30th floor of the Lodha Sea Face complex, spans 14,866 square feet and costs ₹1.24 lakh per square foot.
The property features nine bedrooms, nine parking slots, and panoramic views of the Arabian Sea and Mumbai's skyline.
The transaction involved a stamp duty payment of ₹9.25 crore and a registration fee of ₹30,000, with part of the total amount to be paid in installments.
Worli has emerged as a hotspot for ultra-luxury real estate, with projects by top developers like Lodha commanding significant premiums for their location and amenities.