India, March 31 -- CaratLane founder, Mithun Sacheti, has acquired a residential property in Chennai for Rs.36.5 crore, according to property registration documents accessed by Zapkey.

The transaction, registered on March 6, 2026, includes a land parcel measuring about 7,044 sq ft, with a total built-up area of about 5,210 sq ft. The property is located on JJ Road in Teynampet, one of central Chennai's established residential micro-markets, the document showed.

The deal was executed with two sellers, MS Mukundan and MS Rajarajeshwari, who collectively owned adjacent residential units and a shared access passage, it showed.

Seller Mukundan's portion comprised a 3,120 sq ft land parcel with a G+1 residential structure (built-up area of 2...