That's a deal! Mumbai duplex sold for record breaking Rs 160 crore

November 26, 2015 09:15

In what has been touted as the biggest apartment deal in India, a duplex in an under-construction luxury tower at Altamount Road in Mumbai has sold for Rs 160 crore. The 10,000 sq ft apartment in Lodha Altamount is believed to have been bought by the Jindal family that runs a pharma firm Jindal Drugs.

In September, industrialist Cyrus Poonawalla paid Rs 750 crore for the former palace property at Breach Candy, which once housed the US Consulate. It was the costliest deal in the country for a private residence.

The Jindals plan to shift once the building is complete in the next 18 months. Incidentally, about three years ago, the Jindals had paid the highest price when they bought the flat in 2012 at Rs 1.20 lakh a sq ft.

« Back to LIVE

TOP STORIES

In Pictures - Chebet sinks 10,000m mark; Kerr, Richardson shine

Kenyan Beatrice Chebet shattered the women's 10,000 metres world record at the Prefontaine Classic on Saturday, as Britain's Josh Kerr beat arch-rival Jakob Ingebrigtsen in the mile race at the Eugene Diamond League meet.

At 135 kmph, cyclone 'Remal' to make landfall in Bengal tonight

This is the first cyclone in the Bay of Bengal this pre-monsoon season.

Seven newborns killed in fire at Delhi children's hospital; 12 rescued

The officials of the Delhi Fire Services said the blaze broke out at the children's hospital in Shahdara on Saturday night.

In Pictures - Leverkusen, PSG, Real Madrid crowned domestic champs

A summary of the concluding day's action in the German Cup, French Cup and La Liga.

More than 61% turnout in sixth phase of LS polls, J-K sees 54% polling

The EC said polling percentage in the Anantnag-Rajouri seat in Jammu and Kashmir is the highest in 40 years.