Diamond Company Promoter Purchases a Mumbai Apartment for INR 97 Crore

A diamond company promoter has reportedly bought a luxurious apartment in Mumbai for a whopping INR 97 crore. The flat is situated in Worli’s iconic building, which is known for its extravagant and upscale homes. The promoter’s name has not been disclosed yet.

The Apartment and its Features

The apartment spans over 7,800 square feet and is located on the 21st floor of the building. It has been designed by an international architect and boasts of a spacious living area, a dining room, and four bedrooms. The apartment also has a private terrace that offers a stunning view of the Arabian Sea and the city skyline.

The building is equipped with world-class amenities, including a swimming pool, a gymnasium, a spa, and a club house. It also offers 24-hour security and a concierge service for its residents.

The Purchase

The apartment was sold by Ahuja Constructions, a Mumbai-based real estate developer. The transaction was carried out through an agreement for sale, which was registered with the office of the Sub-Registrar of Assurances in Mumbai. The deal was reportedly completed in December 2020.

The Significance of the Purchase

The purchase of such an expensive apartment by a diamond company promoter indicates the growing wealth of the country’s elite class. It also signifies the demand for exclusive and luxurious homes in Mumbai, which has emerged as one of the most expensive cities in the world in terms of real estate.

The purchase of the INR 97 crore apartment in Mumbai’s Worli area by a diamond company promoter is a clear indication of the growing demand for luxury homes in the city. The apartment’s features and amenities are a testament to the extravagance and exclusivity of the lifestyles of Mumbai’s elite class.