Worli’s property market booms with Rs 4,862 cr ultra-luxury deals, prices surge 30pc. Average price per square foot in the area has now reached Rs 75,000. The dominant price range for luxury homes in Worli is between Rs 6 crore and Rs 12 crore, accounting for over half of the available inventory. In 2024 alone, the area saw 10 transactions for homes valued at over Rs 100 crore, a significant increase from just four such deals in 2023. The demand for ultra- Luxury residences continues to rise, with 30 Transactions for homes priced above Rs 40 crore recorded in the last two years. The area is also seeing a steady redevelopment of older properties, ensuring a continuous supply of modern luxury housing. 2.98 million square feet of new office space is expected to be added between 2025 and 2026 in the Worli area, according to a report by Anarock Group, a Mumbai-based real estate firm. The report was published on Thursday by SocialNews.XYZ, a division of AGK Fire Inc.