In the transaction, Rekha Jhunjhunwala paid a stamp obligation and registration costs of greater than Rs 59 lakh
The residence, which unfold throughout 1,666 sqft carpet, is in an over 50-12 months-outdated constructing named ‘Rockside Apartment’ close to the Arabian Sea
Rekha Jhunjhunwala, the spouse of late ace investor Rakesh Jhunjhunwala, has purchased an residence price Rs 11.76 crore on the Walkershwar space of South Mumbai, based on a Moneycontrol report citing property registration paperwork accessed by IndexFaucet.com.
The residence, which unfold throughout 1,666 sqft carpet, is in an over 50-12 months-outdated constructing named ‘Rockside Apartment’ close to the Arabian Sea.
In the transaction which was registered on March 15, 2024, Rekha Jhunjhunwala paid a stamp obligation and registration costs of greater than Rs 59 lakh. The residence comes with one automobile parking of round 376 sqft.
Walkeshwar and Malabar Hill micro-market of the Mumbai actual property market have been as soon as India’s costliest residential actual property market, nonetheless, as companies moved north wards, there’s dearth of premium and luxurious initiatives within the neighborhood.
In November 2023, Kinnteisto LLP, the agency run by Rekha Jhunjhunwala, in one among India’s largest business workplace deal had bought over 1.94 lakh sq ft of economic workplace areas within the Bandra Kurla Complex (BKC) together with in Chandivali space of Mumbai actual property marketplace for round Rs 740 crore.
Meanwhile, based on a Knight Frank report, titled ‘Prime Global Cities Index Q4 2023’, Mumbai, New Delhi and Bengaluru, (Indian cities thought of for the research) recorded a rise of their common annual costs of prime residential or luxurious properties in This autumn 2023.
Mumbai’s spectacular 10 per cent value development previously 12 months was pushed primarily by prosperous homebuyers searching for a life-style improve within the backdrop of a robust financial surroundings that continues to realize momentum.
Mumbai recorded the third highest 12 months-on-12 months (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.
