New Delhi: An industrialist has bought four apartments for nearly ₹380 crore at a super luxury project in Gurugram, in one of the costliest apartment deals in the country, said two people aware of the development.
The NCR-based industrialist was initially looking for a farmhouse or bungalow in the premium residential area of Lutyens' Delhi with a budget of ₹350-400 crore but later opted for the apartments. "We advised a prominent Indian business family on a consolidated ₹380-crore acquisition at this super-luxury project in Gurugram," said Kshitij Jain, founder, Rizin Advisory Pvt Ltd. He did not identify the buyer.
The four apartments will be interconnected and span more than 35,000 sq ft.
"Some equity investors from Mumbai have also bought apartments at this super luxury project realising the potential for price appreciation," a person said.
The NCR-based industrialist was initially looking for a farmhouse or bungalow in the premium residential area of Lutyens' Delhi with a budget of ₹350-400 crore but later opted for the apartments. "We advised a prominent Indian business family on a consolidated ₹380-crore acquisition at this super-luxury project in Gurugram," said Kshitij Jain, founder, Rizin Advisory Pvt Ltd. He did not identify the buyer.
The four apartments will be interconnected and span more than 35,000 sq ft.
"Some equity investors from Mumbai have also bought apartments at this super luxury project realising the potential for price appreciation," a person said.
You may also like
Indian e-Passport rollout 2025: Embassy confirms no biometrics, no change in charges
UAE: Sharjah Ruler inaugurates state of the Art Marine Science Research Centre in Khorfakkan
India vs SA: Kohli, Rohit set for ODI return at home — or farewell?
Digital gold rush: Gaming, interactive media to unlock a $7.8 billion opportunity by FY30
'I decluttered my crowded home without my family noticing, this is how I did it'
