Hermes Distillery acquires ten residential units in Mumbai for 199.35 crore, ET RealEstate

March 21, 2025
1 min read
Hermes Distillery acquires ten residential units in Mumbai for 199.35 crore, ET RealEstate


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NEW DELHI: Hermes Distillery has acquired ten residential units in in Prestige Ocean Tower, Marine Lines, Mumbai for 199.35 crore

The purchased apartments have a total built-up area of 25,650 sq ft (~2,383 sq meters). The carpet area of each apartment is 2,482 sq ft (~230.58 sq meters), while the built-up area is 2,565 sq ft (~238.3 sq meters).

The transaction value per unit ranges from Rs 19.39 crore to R 20.54 crore, with the total transaction cost amounting to Rs 199.34 crore. The total stamp duty for the apartments is Rs 11.96 crore, according to the Inspector General of Registration (IGR) documents reviewed by Square Yards.

The transaction was officially registered in January 2025.

Each transaction carries a standard registration fee of Rs 30,000. The purchase includes a total of 30 car parking spaces, with three allocated to each apartment.

Prestige Ocean Towers is a residential project by Prestige Projects, spread across 2.3 acres and offers 2 and 3 BHK units.

  • Published On Mar 21, 2025 at 04:03 PM IST

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