Agarwal Holdings Private Limited has acquired a land parcel in the highly sought-after Juhu locality
of Mumbai, valued at Rs. 455 crore, according to Square Yards. The plot was acquired from
Shapoorji Pallonji Gwalior Private Limited, a part of Shapoorji Pallonji Group, a prominent Indian
conglomerate with diversified interests across construction and engineering, infrastructure, real
estate, energy, and textiles, among others.
According to the registration document reviewed by Square Yards, the land parcel spans an area of
approximately 1,819.90 sq. m (19,589.22 sq. ft.). The transaction was finalized and registered in
November 2024, with a stamp duty of Rs. 27.30 crore and registration charges amounting to Rs.
30,000.
Anand Moorthy, Co-founder and CBO, Capital Market & Services, Square Yards said,
“Mumbai’s position as India’s financial capital and a strategic business hub continues to draw BFSI
firms and their allied industries to the city. Recent transactions, such as Agarwal Holdings Private
Limited’s recent land acquisition in Juhu, highlight the city’s enduring appeal for both commercial
and residential investments. Key hubs such as the Bandra-Kurla Complex (BKC) and prime
locations across Southern and Western Mumbai have firmly established themselves as sought-after
destinations for commercial and luxury real estate. In a market defined by limited land availability
and high demand, securing a foothold in Mumbai provides businesses with a competitive edge while
offering robust ROI potential on their investment fuelled by escalating land and property values and
a thriving commercial ecosystem.”
It is noteworthy that Agarwal Holdings Private Limited acquired land parcels in Mumbai’s Juhu
locality in September 2022. The acquisitions cover areas of 3,969 sq. m (~42,721.92 sq. ft) and
3,019 sq. m (~32,496.21 sq. ft), with a combined value of Rs. 332.8 crore.
Juhu remains a marquee residential destination in Mumbai, driven by its coastal appeal, proximity to
international airport, luxury housing stock, and strong social infrastructure. The locality attracts
highnet-worth individuals including several celebrities, leveraging its proximity to Juhu Beach and
premium amenities.
Agarwal Holdings Private Limited, established on December 11, 2020, is a private, non-government
entity registered with the Registrar of Companies in Mumbai. The company specializes in activities
auxiliary to financial intermediation, providing essential support to financial institutions such as
banks, investment firms, and insurance companies. Its range of services includes managing loan
applications, conducting credit analysis, offering investment advice, facilitating insurance brokerage,
and handling financial transactions, enabling smoother operations across the financial sector