representative image Cable and Wire Manufacturing Company RR KablePromoter and Managing Director of Shrigopal Kabrahas, along with his family members, purchased two adjacent luxury apartments with sea views in a super-premium residential tower. Mumbaiis luxurious worli Total space of more than Rs 198 crore.
The apartments are spread over a total area of 13,809 sq ft on the 62nd floor in a wing of the tower on Dr Annie Besant Road. Kabra has bought this apartment with his wife, son and daughter-in-law.
The first of the two apartments is spread over 7,167 square feet and has been purchased by his son Rajesh Kabra along with his wife. Stamp duty of Rs 3.76 crore is imposed on this deal. The second apartment purchased by Shrigopal Kabra and his wife is spread over 6,642 sq ft and they have paid stamp duty of Rs 3.53 crore for the deal.
The transactions for both apartments were registered at the same time last week on October 30 and as part of the deal, the family will get exclusive access to a total of 10 car parking slots in the tower, documents obtained via IndexTap.com revealed. Let’s go.
ET’s email query to Kabra’s team remained unanswered till the time of writing.
Residential property sales across the top eight cities have reached unprecedented highs so far in 2024, led by strong demand across the mid-income, premium and luxury segments.
Mumbai has been leading the way as the country’s largest and most expensive property market as it continues its record-setting spree in terms of property deals.
South and central Mumbai, home to India’s most expensive apartments, are playing a key role in driving this performance. The last few years witnessed many big transactions involving industrialists, top corporate executives, actors and sports personalities in micro markets.
