Manoj Modi, a close aide of Mukesh Ambani, of the Reliance Industries has sold two apartments in Mumbai for a total value of Rs 41.5 crore.

By Varun Singh

Manoj H Modi, a close aide of Reliance Industries Chairman Mukesh Ambani, has sold two apartments in Mumbai for a total value of Rs 41.5 crore.

According to Registration documents made available to SquareFeatIndia by ‘Indextap.com‘ the deal was registered on July 7, this year.

Both the flats sold by Modi are in the building Vivaria, located at Jacob Circle, a stones throw distance from Mahalaxmi station.

The first flat sold by Modi is on the 28th floor of the apartment, measuring 2,597 sq ft, for which the buyer paid Rs 20.5 crore, along with the apartment, the new buyer also has an access to two car parks in the building.

For the registration of the flat on 28th floor the a stamp duty of Rs 1.23 crore was paid.

the second flat that Modi sold is on the 29th floor of the building and it also measures, 2,597 sq ft for which the buyer paid Rs 21 crore. along with the apartment the buyer has also got an access to two car parks in the building.

A stamp duty of Rs 1.26 crore was paid by the buyer for the registration of the apartment.

Vivaria holds a special value when it comes to the real estate market of South Mumbai, most top notch from the business world had or have a house here.

This building offers a view of the Mahalaxmi race course and a little ahead of it is the sea view.

Also Read: Nirav Modi’s watch sold at a price, for which one can buy a HOUSE in Mumbai

You May Also Like

Kamala Mill Fire Delayed This Kandivali Project

Breaking out of fire in Kamala Mill in December 2017, delayed a…

With 161,000 units sold in Jan-Sept 2022, residential sales surpassed the annual sales post-2014

Residential sales during the nine months of January-September 2022 (Q1-Q3 2022) surpassed…

NAREDCO MAHI ANNOUNCES ITS 2ND NATIONAL CONVENTION

NAREDCO Mahi established with a vision to enrich, empower, educate, and encourage…

Green Leasing Flourishes in Real Estate Industry, Quadrupling its Share in the
Post-COVID Era:

A recent JLL report highlights a noteworthy surge in the adoption of…