Home / Business and Economy / Mumbai Sees Rs 123.5 Cr Luxury Apartment Deal
Mumbai Sees Rs 123.5 Cr Luxury Apartment Deal
4 Feb
Summary
- Radha Tanti purchased a luxury apartment for Rs 123.5 crore in Worli.
- The spacious residence is located on the 44th floor of the Artesia tower.
- Stamp duty for the transaction amounted to approximately Rs 6.18 crore.
In a notable transaction within Mumbai's luxury housing market, Radha Tanti, wife of Suzlon Energy's executive vice chairman Girish Tanti, has purchased a premium apartment for Rs 123.5 crore. The spacious residence is located on the 44th habitable floor of the Artesia tower in Worli.
The apartment spans approximately 6,772.28 sq ft of RERA carpet area, with an additional 367.05 sq ft of balcony space. This high-value acquisition involved the buyer purchasing from sellers Ravi and Sumati Raheja.
Documents reveal that stamp duty amounting to Rs 6.18 crore was paid for the registration of this deal, which occurred recently. Worli continues to be a sought-after address for affluent individuals due to its central location and enhanced connectivity.
Property consultants note that such substantial deals highlight the resilience of Mumbai's luxury housing segment. Factors like limited availability of large homes in prime areas and a preference for tangible assets are sustaining demand at the market's upper echelons.
