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Mumbai, India, March 14 (UPI) — India’s wealthiest city, Mumbai, is getting its first apartment with a price tag in excess of $1 million.
The building on the city’s south bank is being built to be the largest apartment complex in India and will have a retail and office space on top of an 11-storey tower, said an official from the company building the project.
A unit for $1.7 million in a five-bedroom apartment with two bathrooms will be built at the site and is expected to be completed by June 2019, the official said.
The city, a hub for global financial and real estate investment, is currently housing a growing number of residents who are buying luxury apartments.
The building’s first unit has a rooftop terrace with views over the city.