INSUBCONTINENT EXCLUSIVE:
MUMBAI: In most likely the costliest apartment or condo handle India, a penthouse in a Worli luxury tower has been offered to an
industrialist for Rs 240 crore.TOI has actually discovered that B K Goenka, chairman of Welspun Group, has actually purchased the triplex
(through a group business) in Three Sixty West, a luxury job at Annie Besant Road, Worli
According to market sources, the penthouse is on the 63th, 64th and 65th floors in Tower B of the skyscraper.The penthouse is topped 30,000
To put it into perspective, this penthouse is 100 times the size of a free 300-sqft tenement offered to a run-down neighborhood family under
the governments shanty town rehabilitation plan
The transaction was registered on Wednesday and the purchaser plans to stay in the penthouse, said sources
This is the costliest home offered to date in India
We prepare for more deals in the ultra-luxury segment in the next two months because from April 2023, the capital gains enabled to be
invested under Section 54 have actually been restricted to Rs 10 crore
So, any capital gain above Rs 10 crore would be instantly taxed (as applicable), said Pankaj Kapoor, founder and MD of Liases Foras, a
realty ranking and research study firm.Another penthouse in the adjoining wing of the same tower has actually been bought by builder Vikas
Oberoi established this luxury residential or commercial property himself in collaboration with businessman/builder Sudhakar Shetty
Oberoi is thought to have actually bought the penthouse in his own job through one of his companies, R S Estates Pvt Ltd.Meanwhile, Oberois
Oberoi Realty has actually bought over the partnership firm, Oasis Realty, which established this residential or commercial property
Sanctuary Realty is a joint venture between Sudhakar Shettys Sahana and Oberoi Realty.Last week, Oberoi Realty notified the stock market
(BSE and NSE) that it has actually purchased/acquired Three Sixty West for Rs 4,000 crore
Oberoi Realty said it purchased 5.25 lakh sqft, which includes 63 houses.
