Anil Gupta, chairman and managing director of Wellknown Polyesters, has bought two flats in Lodha group’s luxurious challenge, Lodha Malabar for ₹270 crore.
Gupta purchased two flats on the seventeenth and 18th flooring with carpet space of 9,548 sq. ft every. He additionally will get 15 parking slots with the 2 flats, based on paperwork supplied by IndexTap.com.
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The sale was registered final week.
Round a yr again costs within the challenge had been at round ₹1.2 lakh a sq. ft, whereas the present transaction has taken the speed to over ₹1.4 lakh a sq. ft.
Macrotech Builders’ Lodha Malabar, arising in Mumbai’s Malabar Hill reverse the governor’s home, stands on the sting of the hill overlooking the Arabian Sea. There are solely 36 models on this challenge with residence sizes starting from 3843 to 11,643 sq. ft. Configurations are of 4 and 5 bed room homes.
The constructing has 32 flooring together with the bottom ground, and the liveable flooring are from the sixth to the thirty first ground
The challenge is due for possession in June 2026. Costs on this challenge begin at upwards of ₹45 crore.
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Final yr this challenge noticed plenty of flats being acquired by industrialists and entrepreneurs.
The JP Taparia household bought three flats within the tower for ₹369 crore. A number of days later Kandoi Materials and its administrators took 4 flats for Rs 217 crore. In July a director of biotechnology and seed firm Maharashtra Hybrid Seeds Co paid $120 million for a flat within the constructing.
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