India, Sept. 23 -- In a largest single residential unit transaction in the country, Dinesh Thakkar, founder, chairman and managing director of Angel One Limited, a leading Indian fintech and financial services company, has bought an ultra-luxe residential tower, developed by Embassy Developments Limited, in Juhu for over Rs.700 crore.

The Bengaluru-based developer on Tuesday announced that a Memorandum of Understanding (MoU) for the sale of the tower in its project Embassy Terazza was inked recently.

The project comprises five towers, one of which will be the Thakkar residence -- an entire ground plus seven storey tower with a RERA carpet area of 63,000 sq. ft., and a transaction value of approximately Rs.711 crore. The square foot valu...