[ad_1]
Aditya Birla Group company BGH Properties have taken a bungalow, sunny villespread over about half an acre in the south MumbaiUpscale Carmichael Road worth over Rs 220 crore.
In September 2015, Kumar Mangalam BirlaPresident Aditya Birla Grouphad emerged as the highest bidder for the sea-facing bungalow, Jatia House, in India’s biggest ever property deal.
The billionaire industrialist and philanthropist paid Rs 425 crore to buy this two-storey palatial house in the city’s Malabar Hill area.
new property acquired by BGH Properties Not far from Jatiya House. Ground plus two storey bungalow at Dahanukar Way There is a total built-up area of ​​approximately 19,000 sqft with covered garage.
BGH Properties acquired the bungalow and land parcel from the estate of Ernie Kharshedji Dubash through his living wills Adi N Palia, Darius Sorab Kambatta, Cyrus Soli Nallaseth, Adi Hirji Jehangir and Chetan Mahendra Shah.
Documents accessed by Zapkey.com show that the buyer has paid stamp duty of Rs 13.20 crore for registration of the deal on April 10.
ET’s email query to Aditya Birla Group remained unanswered till the time of going to press.
Over the years, many bungalows in the South MumbaiThe quietest areas of Carmichael Road, Altamount Road, Nepean Sea Road and Malabar Hill have made way for luxury skyscrapers. Many industrialists and the rich of India have also been buying bungalows for their personal use in the district of billionaires.
Soon after the 2015 Jatia House deal, Cyrus Poonawalla, chairman of the Poonawalla Group, emerged as the highest bidder for the US Consulate’s Lincoln House in Breach Candy at Rs 750 crore, making it the costliest transaction for a house became.
In 2014, the Godrej family acquired Mehrangir, the Malabar Hill house of Homi Bhabha, the father of India’s nuclear programme, for Rs 372 crore.
In April 2021, in the biggest residential transaction anywhere in the country, billionaire investor and D-Mart founder Radhakishan Damani bought a bungalow in Malabar Hill for Rs 1,001 crore. Damani had acquired this property along with his younger brother Gopikishan Damani.
[ad_2]
Source link