JP Taparia's family paid a stamp duty of Rs 19.07 crore for registration of the deal, Economic Times reported.
JP Taparia family purchased this new sea-view luxury triplex apartment for over Rs 369 crore in south Mumbai’s Malabar Hill from developer Lodha Group.
The triplex apartment of the super-luxury residential tower Lodha Malabar gets a view from both the Arabian Sea and the Hanging Gardens.
The deal values the triplex apartment, with an area of 27,160 sq ft, at Rs 1.36 lakh per sq ft.
Bajaj Auto chairman Niraj Bajaj purchased a sea-view luxury penthouse for Rs 252.50 crore in the same project just a fortnight ago.
Taparias have purchased the apartment from Lodha Group’s listed entity Macrotech Developers.
The under-construction luxury tower is spread over 1.08 acre and is scheduled to be completed by June 2026.
BK Goenka, Chairman at Welspun Group, bought a penthouse in Mumbai’s Worli area for Rs 240 crore in February.