Property News: The country’s most expensive deal, an apartment for Rs 369 crore! Know who is the buyer – most expensive apartment deal ever jp taparia family buys triplex apartment at rs 369 cr
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According to sources, the total area of this apartment is 27,160 square feet and the deal has been done at Rs 1.36 lakh per square foot. This is the costliest residential deal in the country on a per sq ft basis. Bajaj Auto Chairman Niraj Bajaj recently bought a penthouse in the same tower for Rs 252.50 crore. The Taparia family bought the apartment from Macrotech Developers, a listed company of the Lodha Group. Its registry took place on Wednesday evening. The Taparia family paid stamp duty of Rs 19.07 crore. The luxury tower is spread over 1.08 acres and is likely to be completed by June 2026.
most expensive deal
In February, Welspun Group Chairman BK Goenka bought a penthouse in Mumbai’s Worli area for Rs 240 crore. It was the costliest residential deal at that time. But Neeraj Bajaj had left that deal behind. Now the Taparia family has done the most expensive residential deal in the country so far. Last week, Madhav Arun Goyal, director of synthetic fiber rope maker Tufropes, also bought a super luxury apartment worth Rs 121 crore in the same project. Malabar Hill and Walkeshwar Road are among the costliest localities in the country. This property is in high demand.
In November, Viatris Inc (earlier Mylan Labs) struck a deal to buy Taparia family’s eyecare business Famy Life Sciences for Rs 2,460 crore. The Taparia family has retained the non-ophthalmic business in Famy Care Group. Earlier, the Taparia family sold its women’s healthcare business to Mylan in 2015 for Rs 5,000 crore. The group also has investments in private equity firms Anantha Capital, Springwel and Guardian Pharmacy.
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