Lodha UK sells the world’s most expensive home in 2020: Penthouse at Lodha’s No 1 Grosvenor Square, London

Lodha UK, the London-based arm of India’s realty giant, recently sold the penthouse at London’s prestigious No. 1 Grosvenor Square for GBP 140 million, making it the world’s most expensive real estate sale in 2020.

Swimming Pool

Located in Mayfair, near the United States Embassy and Hyde Park, the residential property that will be opening in December, provides a unique opportunity to own a beautiful residence in one of London’s finest neighborhoods. Commenting on the sale, Gabriel York, co-CEO of Lodha UK said, “This is the most expensive home sold this year and probably amongst the top 5 most expensive homes ever sold. On a per sq ft basis, at GBP 9200 PSF (almost Rs. 9 lakh per sq. ft.), it is the most expensive home ever sold in London. To make a mark of this stature globally is truly a testimony to our efforts of building the world’s finest developments.”

 

“This is the most expensive home sold this year
and probably amongst the top 5 most expensive homes ever sold.
On a per sq ft basis, at GBP 9200 PSF (almost Rs. 9 lakh per sq. ft.),
it is the most expensive home ever sold in London. To make a mark
of this stature globally is truly a testimony to our efforts of building
the world’s finest developments.” — Gabriel York, co-CEO of Lodha UK

No 1 Grosvenor Square is the only building that has served as the American Embassy and then as the Canadian High Commission. It has been home to John Adams, the second president, who lived in 1785 as a US ambassador. And to top this off, there is a replica of the world-renowned Oval office in the lobby of the development.

Library

The property was acquired in 2014 by Lodha, and the group brought together a world-class team that made no compromise to ensure providing the world’s finest experience while paying respect to the / restoring the heritage and culture of the place. The development houses 39 apartments and 5 duplexes. The London-based team did a lot of research to rediscover the life of the square, the people who use to live there, and also a lot of details about the building itself. What people see from the outside is a very elegant restored façade from the 19th century and inside, residents enjoy stunning interiors by the world’s finest craftsmen, with high ceilings, marble & wooden flooring as well as stunning amenities, with 5-star hotel standard service.