Anurag Jain, who is managing director of Endurance Technologies, bought two flats at Mumbai’s up-market Carmichael Road for a whopping Rs 100 crore. The billionaire nephew of Rahul Bajaj, Jain bought two flats measuring 6,371 sq ft. The businessman paid Rs 1,59,961 per sq. ft for the posh apartments at Carmichael Residences which has eight car parkings. The buyer has paid Rs 5 crore as the stamp duty.
The company supplies parts for two-wheelers and three-wheelers in India and Europe.
ALSO READ: After Celebrities and Industrialists, Now IndusInd Bank Former MD Romesh Sobti Buys Two Flats In Mumbai Project Worth ₹76 Crore
Renowned personalities ranging from Governor of Reserve Bank of India, Chairman of the Mumbai Port Trust, and the Municipal Commissioner of Mumbai are owing property in the famous Carmichael road. Some of the notable residents who have stayed here include former Prime Minister Manmohan Singh, when he was the Governor of Reserve Bank of India, Ashok Kumar Jain, Chairman, Bennet & Colemann, The Times of India group. Besides, industrialist Kumar Mangalam Birla and Ratan Tata chairman Tata Group, J.R.D. Tata and Mukesh Ambani from Reliance Group also lived in that area.
At a time when the realty sector in Mumbai has suffered a severe blow due to Covid-19, IndusInd Bank former MD Romesh Sobti and his wife managed to lay hands on two sea-view apartments in Oberoi’s super-luxury project in Worli, for over ₹76.30 crore.
Both the apartments on 39th and 40th floor, respectively, in the Three Sixty West project on Dr. Annie Besant Road. Both the houses have four spacious bedrooms with a usable carpet area of 5,235 sq ft. The combined built-up area is 12,250 sq ft, according to the report in the Economic Times.
Among other renowned personalities who have purchased their dream house in the ‘Three Sixty West’ includes Bollywood actor Shahid Kapoor and Mira Rajput.
The property had cost the actor Rs 55.9 crore, apart from the additional the Rs2.91 crore that was paid toward stamp duty.
In fact, in 2019, a Mumbai family has paid a whopping ₹111 crore for just two flats in Worli. Abhay Soi, the head of Radiant Life Care that manages the Nanavati Hospital paid a staggering ₹54 crore for a flat on the 36th floor while Taruna Soi, another member of the family, on the 37th floor paid ₹57.25 crore for her apartment.