Bandra Kurla Complex (BKC) saw a big ticket real estate deal in the residential sector, where a duplex was sold for ₹55 Crore.
By Varun Singh
Bandra Kurla Complex (BKC), is undoubtedly one of the most preferred business locations in India.
BKC is Mumbai’s central business district housing the best of the business brands, including several banks.
BKC which is popular for commercial real estate, today is being written about in this article for a real estate deal concerning the residential market.
A duplex was sold in BKC’s Signature Island for ₹55 Crore.
According to documents accessed by Squarefeatindia provided by Indextap.com the duplex is located on the 7th floor of the building.
The sellers are Xerxes & Ria Talati, big names, whereas the buyers are Yatah Enterprises it’s directors are also big names from the business world of India.
The documentation regarding the deal took place on March 29, whereas the registration was carried out on May 2.
The total area of the 7th floor BKC duplex is 6,571 square feet.
Stamp duty paid for the registration of the duplex is ₹2.75 crore.
The owners will have access to 8 car parks in the building.
The luxury building houses the who’s who of India’s business world as well as other big names.
Previous Top Deals
In December 2020, The Daftary’s paid Rs 101 crore for a flat measuring 3183 square feet in Carmichael Residencies. The per square feet rate here was ₹1.58 lakh.
In July 2020 Anurang Jain paid ₹1.56 lakh per square feet for a flat in Carmichael Residencies.
In December 2020, Motilal Oswal Family trust paid ₹1.48 lakh per square feet to buy a home in 33 South.
In March 2022, a 10,566 square feet flat in Worli’s Rahjea Legend was sold for Rs 144 crore, thus taking the per sqyare feet value to ₹1.32 lakh.
In April an apartment sold for ₹40 crore in Carmichael Residencies took the per square feet rate to ₹1.25 lakh per square feet.