Former Zandu Balm promoter family's firm buys rRs.r110 crore luxury apartment in Mumbai's Worli
India, Aug. 8 -- Tejal Mercantile Private Limited, a company belonging to the Parikh family, one of whose members was a former promoter of Zandu Pharmaceutical Works, has bought a luxury apartment in Mumbai's Worli for Rs.110.41 crore, according to property registration data accessed through Zapkey.
The apartment is located on a higher floor of Three Sixty West, a luxury residential project developed by Oberoi Realty. It has a RERA carpet area of 7,303 sq ft, comprising 7,139 sq ft of carpet area and an adjoining area of 164 sq ft.
The transaction works out to approximately Rs.1.51 lakh per sq ft, according to the registration documents.
The documents show that the apartment was sold along with five car parking spaces, and the entire t...
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