Within the transaction, Rekha Jhunjhunwala paid a stamp responsibility and registration fees of greater than Rs 59 lakh
The condominium, which unfold throughout 1,666 sqft carpet, is in an over 50-year-old constructing named ‘Rockside House’ close to the Arabian Sea
Rekha Jhunjhunwala, the spouse of late ace investor Rakesh Jhunjhunwala, has purchased an condominium value Rs 11.76 crore within the Walkershwar space of South Mumbai, in accordance with a Moneycontrol report citing property registration paperwork accessed by IndexTap.com.
The condominium, which unfold throughout 1,666 sqft carpet, is in an over 50-year-old constructing named ‘Rockside House’ close to the Arabian Sea.
Additionally Learn: Rekha Jhunjhunwala Buys All Models In A Constructing For Rs 118 Crore To Defend Sea-View From Her Dwelling
Within the transaction which was registered on March 15, 2024, Rekha Jhunjhunwala paid a stamp responsibility and registration fees of greater than Rs 59 lakh. The condominium comes with one automotive parking of round 376 sqft.
Walkeshwar and Malabar Hill micro-market of the Mumbai actual property market had been as soon as India’s costliest residential actual property market, nevertheless, as companies moved northwards, there was a dearth of premium and luxurious initiatives within the neighborhood.
In November 2023, Kinnteisto LLP, the agency run by Rekha Jhunjhunwala, in certainly one of India’s largest industrial workplace deal had bought over 1.94 lakh sq ft of economic workplace areas within the Bandra Kurla Advanced (BKC) together with in Chandivali space of Mumbai actual property marketplace for round Rs 740 crore.
In the meantime, in accordance with a Knight Frank report, titled ‘Prime World Cities Index This autumn 2023’, Mumbai, New Delhi and Bengaluru, (Indian cities thought-about for the examine) recorded a rise of their common annual costs of prime residential or luxurious houses in This autumn 2023.
Mumbai’s spectacular 10 per cent worth development previously 12 months was pushed primarily by prosperous homebuyers searching for a way of life improve within the backdrop of a powerful financial atmosphere that continues to realize momentum.
Mumbai recorded the third highest year-on-year (YoY) development in prime residential costs in This autumn 2023, pushing it up the rating desk by 5 locations to third place from its eighth place in This autumn 2022.
