24/04/2026
Some deals are about more than just square footage.
A sea-facing heritage bungalow on Juhu Tara Road — owned by the family behind Nanavati Hospital — has changed hands in one of Mumbai’s most exclusive pockets.
📍 Green Acre, Union Park, Juhu Tara Road, Mumbai
* Part of a Grade IIB heritage Art Deco property
* Plot size: ~14,585 sq ft
* Built-up area: ~8,480 sq ft
* Retains original 1950s design elements
* 2 apartments involved in the transaction (both with similar configurations)
* Currently rented out to The Indian Express Private Limited
* Estimated rental income: ~₹1 Cr annually
The buyer, Notandas Realty (Notandas Jewellers group), now holds a rare piece of Mumbai’s architectural legacy.
Because of its heritage status, large-scale redevelopment isn’t allowed — meaning its identity stays intact.