Welspun Group Chairman BK Goenka has bought a penthouse in Oberoi Realty’s luxury project Three Sixty West in Worli, Mumbai. This is the second largest transaction of 2023.
Penthouse bought by welspunChairman Goneka Worthy 230 crores, reported Hindustan Times. It is located on the 63rd floor in Tower B and is spread over a carpet area of 29,885 sq. ft. The penthouse comprises of a roof area of 4,815 sq ft, additional area of 411 sq ft and free sale land of 13,0951 sq ft. The registration documents were accessed by zapkey.com, Hindustan Times reported.
It comes with 14 car parking spaces. Stamp duty has been paid by the buyer 13.83 crores for the transaction.
The sale was registered on February 8 between Oasis Realty along with its partners Skylark Buildcon Private Limited and Oberoi Construction Limited, a textile company based in Kutch, Gujarat, through its authorized signatory Mukulraj Raghoti. The directors of Taxreal are also directors in a number of Welspun Group companies.
The deal happened at a time when dmart Owner Radhakishan DamaniHer close family and close aides bought 28 units in Oberoi Realty’s luxury project Three Sixty West for hooping 1,238 crores.
The mixed-use development, Three Sixty West, consists of two towers, one housing a Ritz-Carlton hotel and the other luxury residences managed by The Ritz-Carlton. Oberoi Realty has reportedly bought 63 apartments in the project from the Sahana Group as part of a deal worth over Rs 3,400 crore.
In 2020, Oberoi Realty through its subsidiary EvenStar Hotels acquired Sahana Group’s stake in the hospitality project. was acquired for an amount of 1,040 crore and includes acquisition of 50% rights in 221 prime luxury hotel properties.
In the Union Budget 2023, a cap of A penalty of Rs 10 crore has been imposed on reinvestment of capital gains from long-term assets. including property
catch all business News, market news, today’s fresh news events and Breaking News Update on Live Mint. download mint news app To get daily market updates.