Pharma honcho seals India’s costliest reality deal for ₹639 cr in Mumbai
Leena Gandhi TewariWhile many Indians dream of living in a 1BHK apartment in Mumbai, Pharmaceutical firm USV’s chairperson, Leena Gandhi Tewari, has bought two luxury sea-facing duplex apartments in Mumbai’s upscale Worli area for ₹639 crore.The record-breaking residential property deal is the talk of the country, being the most expensive residential transaction in the country’s history. According to the property registration documents Tewari registered the property on May 28.The duplexes she bought span from the 32nd to the 35th floors of a 40-storey building on Worli Sea Face and have a total area of 22,572 square feet. She paid ₹2.83 lakh per square foot. She also paid ₹63.9 crore in stamp duty and GST, bringing the total cost of the luxurious seaside duplex flats to ₹703 crore.Who is Leena Gandhi Tewari?The pharma tycoon Leena Gandhi Tewari, who executed the country’s most expensive property deal, has a net worth of ₹30,000 crore and is among the richest businesswomen in India. USV Pvt Ltd was founded by her grandfather, Vithal Balkrishna Gandhi, in 1961. Her husband Prashant Tewari and their children are also associated with the company.Worli has previously witnessed many high-value real estate transactions by industrialists. Recently, banker Uday Kotak purchased all the flats in a building in this area for ₹400 crore.In 2024, the national record for the highest per square foot price in the real estate market was also set in South Mumbai. During that time, flats on Altamount Road were sold at ₹2.25 lakh per square foot, and on Bhulabhai Desai Road at ₹2.09 lakh per square foot, both to other wealthy individuals.According to a survey, 59 ultra-luxurious property deals worth ₹4,063 crore were made in 2024. Out of these, 52 took place in Mumbai alone. In 2024, Mumbai saw 17 residential property deals each worth over ₹100 crore.Also read:Indigo set to be first airline to operate daily flights from Navi Mumbai
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| Leena Gandhi Tewari |
While many Indians dream of living in a 1BHK apartment in Mumbai, Pharmaceutical firm USV’s chairperson, Leena Gandhi Tewari, has bought two luxury sea-facing duplex apartments in Mumbai’s upscale Worli area for ₹639 crore.
The record-breaking residential property deal is the talk of the country, being the most expensive residential transaction in the country’s history.
According to the property registration documents Tewari registered the property on May 28.
The duplexes she bought span from the 32nd to the 35th floors of a 40-storey building on Worli Sea Face and have a total area of 22,572 square feet. She paid ₹2.83 lakh per square foot. She also paid ₹63.9 crore in stamp duty and GST, bringing the total cost of the luxurious seaside duplex flats to ₹703 crore.
Who is Leena Gandhi Tewari?
The pharma tycoon Leena Gandhi Tewari, who executed the country’s most expensive property deal, has a net worth of ₹30,000 crore and is among the richest businesswomen in India. USV Pvt Ltd was founded by her grandfather, Vithal Balkrishna Gandhi, in 1961. Her husband Prashant Tewari and their children are also associated with the company.
Worli has previously witnessed many high-value real estate transactions by industrialists. Recently, banker Uday Kotak purchased all the flats in a building in this area for ₹400 crore.
In 2024, the national record for the highest per square foot price in the real estate market was also set in South Mumbai. During that time, flats on Altamount Road were sold at ₹2.25 lakh per square foot, and on Bhulabhai Desai Road at ₹2.09 lakh per square foot, both to other wealthy individuals.
According to a survey, 59 ultra-luxurious property deals worth ₹4,063 crore were made in 2024. Out of these, 52 took place in Mumbai alone. In 2024, Mumbai saw 17 residential property deals each worth over ₹100 crore.
Also read:
Indigo set to be first airline to operate daily flights from Navi Mumbai
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