Trends

This Is The Most Expensive Apartment In India

An industrialist named B K Goenka, who is the chairman of the Welspun Group, has reportedly purchased India’s costliest apartment located in the luxury tower in Worli, Mumbai. The 30,000 square foot triplex penthouse, located on the 63rd, 64th and 65th floors of Tower B of the skyscraper, was sold for a staggering ₹240 crore.

According to Pankaj Kapoor, the founder and managing director of Liases Foras, a real estate rating and research firm, this is the most expensive apartment sold in India to date. Kapoor also mentions that there may be more deals in the ultra-luxury segment in the next two months as the capital gains allowed to be invested under Section 54 have been limited to ₹10 crore from April 2023.

The penthouse offers a beautiful view of the seaside and is 100 times the size of the 300 square foot free space allocated to slum families in Mumbai under the government’s slum rehabilitation scheme. This luxurious property is more expensive than the 10,000 square foot apartment purchased by the Jindal family, who run a pharmaceutical firm, for ₹160 crore in 2015 and the quadruplex bought by actor Ranveer Singh for ₹119 crore in 2022.

This post was last modified on 10 February 2023 4:24 pm

Share
Show comments
Published by

Recent Posts

Viral Video: Messi Chants Om Namah Shivaya!

Global football icon Lionel Messi has completed a remarkable GOAT tour to India, which marked…

59 minutes ago

Babu, Pawan & Lokesh Wished Sharmila, What About Jagan?

Up until 2019, YS Jagan and his sister Sharmila had a very close singling bonding.…

3 hours ago

Is the 3-Hour Runtime the New Norm?

Back in the late 1900s, films often ran for three to four hours. However, over…

3 hours ago

60 Crore Fraud Case on Shilpa Shetty, Actress Responds

Actor Shilpa Shetty and her businessman husband Raj Kundra are facing fresh legal scrutiny after…

3 hours ago

If BJP Has Guts, Remove Gandhi Photo On Rupee Note: DCM Challenges!

Karnataka deputy chief minister and senior MLA on behalf of the Congress party DK Shivakumar…

5 hours ago

Did Mumbai Pull Off A Miracle In Auction?

It was always expected that Mumbai Indians would have a very silent IPL auction this…

8 hours ago