Rs 73.50 Cr Deal: Everest Group Promoter Buys Luxurious Worli Apartment – News18

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Rs 73.50 Cr Deal: Everest Group Promoter Buys Luxurious Worli Apartment – News18


Published By: Business Desk

Last Updated: November 21, 2023, 17:26 IST

Vadilal Bhai Shah began the Everest Food Products agency in 1967. (Representative picture)

Everest Group promoters paid Rs 73.50 crore for a 6,294-sq.-foot sea-going through property at Oberoi Realty’s upscale mission Three Sixty West in Worli.

The Everest Food Products promoter group, nicely-recognized for its Everest model of spices, not too long ago paid Rs 73.50 crore for a sea-view luxurious house in a brilliant-luxurious residential constructing on Dr Annie Besant Road in Mumbai’s prosperous Worli locality.

Reportedly, the house, bought by Everest Group promoter Sanjeev Vadilal Shah and spouse Malati, has a carpet space of 6,130 sq. toes and is positioned on the thirty seventh liveable flooring of the Oberoi Three Sixty West skyscraper.

According to a report by The Economic Times, the deal is price greater than Rs 1.16 lakh per sq. foot. The purchaser reached an settlement with mission developer Oberoi Realty, and the flat was registered on October 30, this 12 months.

According to paperwork accessed by way of Zapkey.com, the client will even have entry to an additional 164 sq ft space adjoining to the property in addition to a complete of six automobile parking spots as a part of the acquisition.

The purchaser paid roughly Rs 2.41 crore in stamp responsibility for the registration of the flat. Oberoi Realty offered the flat three years after buying it from three way partnership associate Sahana Group.

Everest Food Products

Vadilal Bhai Shah based the Everest Food Products agency in 1967, and Shah’s son Sanjeev joined the group in 1981, growing its manufacturing and distribution presence.

According to the corporate’s web site, the agency creates 45 distinct spice objects and exports them to greater than 80 international locations.



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