Yes, you are correct! A 4 BHK flat in suburb at Khar in Mumbai has been sold for 7 crores. It was of 3,250 sq ft, located on Khar Road No. 14, and has Italian marble flooring with modular kitchen and contemporary light fittings. Ongoing residential rates in Khar are in the range of 18,000 per sq ft to 25,000 per sq ft.