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HomeNewsBusinessReal EstateParam Capital's Asha Mukul Agrawal buys 3 luxury flats in Mumbai for Rs 263 crore

Param Capital's Asha Mukul Agrawal buys 3 luxury flats in Mumbai for Rs 263 crore

These apartments are located in Lodha Malabar in Mumbai's Malabar Hill, and have been bought from Macrotech Developers

October 01, 2023 / 17:26 IST
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    Asha Mukul Agrawal, director at Param Capital, a leading capital market trading and investment firm founded by Mukul Agrawal, has purchased three apartment in Lodha Malabar, Mumbai for Rs 263 crore, documents accessed by IndexTap.com showed.

    These apartments are located in Lodha Malabar, Walkeshwar Road, Malabar Hill in Mumbai. These have been bought from Macrotech Developers Ltd.

    She has purchased two units on the 25th floor for an agreement value of around Rs 132 crore, on which she has paid a stamp duty of Rs 6.63 crore. This transaction was registered on September 27. The units are spread across an area of 9719 sq ft and come with five car parkings.

    She has also purchased one apartment on the 24th floor valued at around Rs 130.24 crore, for which a stamp duty of Rs 6.51 crore has been paid. The area of the apartment is 9,535 sq. ft.

    A WhatsApp message has been sent to Mukul Agrawal and an email to Macrotech Developers Ltd.

    In July, Rajendra Barwale, director, Barwale Seeds Private Limited, along with two family members has bought a Rs 122-crore apartment in Mumbai’s Malabar Hill, considered to be the most expensive residential area in the country, the latest in a string of luxury home buys in the area, according to documents accessed by IndexTap.

    The apartment in the Malabar Palaces project is being developed by Macrotech Developers Ltd, popularly known as the Lodha Group, on Walkeshwar Road, Malabar Hills.

    In June, Macrotech Developers, which uses the Lodha brand after its founder Mangal Lodha, sold two apartments in its luxury Lodha Malabar on Walkeshwar Road, Malabar Hill, one of Mumbai’s ritziest areas, for Rs 109 crore to the directors of Kandoi Fabrics Pvt Ltd, a company that is into manufacturing and exporting packaging fabrics and bags, documents accessed by IndexTap.com showed.

    Vandana Ramnani
    Vandana Ramnani
    first published: Oct 1, 2023 05:18 pm

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