Saugata Gupta, Managing Director and CEO at Marico and wife Reema Sen have purchased an apartment for ₹ 36.4 crore in Mumbai's Worli, according to property registration documents accessed by Zapkey. The flat measures around 3,972 sq ft carpet and comes with five car parkings, according to the documents.
The transaction was registered on July 29, 2024 for which a stamp duty of ₹ 2.18 crore was paid along with registration charges of ₹ 30,000, the documents said. Gupta and his wife Reema Sen are joint owners.
The flat was purchased in the second phase of Birla Niyaara project, the documents showed. Also Read: Mumbai real estate: Mahindra and Mahindra Ltd sells 20.5 acres land in Kandivali area for ₹ 210 crore According to local brokers apartments in several luxury projects of Central Mumbai, particularly Worli command a per sq ft price of ₹ 70,000 to even ₹ 1 lakh per sq ft.
Also Read: MHADA lottery 2024: Apartments worth ₹ 29 lakh to ₹ 7.58 crore up for sale in Mumbai draw An email query sent to Marico and Birla Estates did not get any response. Also Read: Mumbai’s luxury housing sales up by 8% in H1 2024; touch ₹ 12,300 crore: Report Mumbai top deals Earlier in July, Priyanjali Mariwala, who leads the ASCENT Foundation, a not-for-profit organization of Harsh Mariwala, chairman of Marico , had bought an apartment for ₹ 65.
25 crore in Sunteck Signature Island, Bandra Kurla Complex, in Mumbai, documents accessed by Zapkey showed. The seller was Starlight Systems (I) Pvt Ltd. The carpet area of the housing unit is 8292 sq ft and comes with four car parking spaces, the documents showed.
In the recent past, Lloyds Group chairman Mukesh Gupta’s wife Abha Gupta and son Shreekrishna Gupta have purchased a triplex worth ₹ 107 crore in Worli, Mumbai, according to the property registration documents accessed by Zapkey. The triplex measures 13,207 sq ft. The apartment has been purchased at a per sq ft rate of ₹ 81,133, according to the documents registered on June 27, 2024.
.
