Mumbai Real Estate Soars: Juhu Property Doubles Value in 13 Years

• Mumbai's residential real estate, especially premium micro-markets like Juhu, shows strong long-term returns.
• Actor Madhuri Dixit Nene and Dr. Shriram Madhav Nene sold their Juhu apartment for ₹3.9 crore, nearly double their ₹1.96 crore purchase price from June 2012.
• The sale resulted in a 99% absolute return over a 13-year holding period, highlighting significant capital appreciation.
• Juhu maintains strong pricing power at ₹50,000 per sq ft due to airport proximity, limited land, and high-net-worth demand.
• Prime residential assets in Mumbai are increasingly seen as core portfolio investments, offering stable, inflation-beating returns.

Why It Matters: Mumbai's prime real estate, exemplified by Juhu, delivers substantial long-term returns, making it a strong investment.