The MD and CEO of Paytm Payments Bank Limited, Surinder Chawla, along with Gurdeep Kaur-Arora recently bought a duplex in Mumbai’s Lower Parel area for Rs 20 crore.

According to documents accessed by SquareFeatIndia provided by Zapkey, the deal was finalized on August 22.

The details of the property includes a duplex on the 42nd and 43rd floor of the Wing A in the building Sky forest, located in Lower Parel.

Chawla before joining Paytm Payments Bank Limited, was also associated with ex-HDFC and RBL Property. The total amount paid for the apartment is Rs 20 crore.

The total RERA carpet of the flat is 2516.07 sq ft, and an additional exclusive area of 972.62 sq ft.

The Paytm Bank’s CEO and MD will also have an access to four car parks in the building.

A stamp duty of Rs 38.87 lakh was paid for the registration.

The seller is hotelier Madhuri Gawande.

Also Read: Mercedes Ben Rents Space for Rs 2.56 crore per month

You May Also Like

Google India and Google Cloud Renew Office Leases in Mumbai’s BKC at a Combined ₹4.79 Crore Per Month

Google India and Google Cloud have renewed their office leases at the First International Financial Center (FIFC) in Mumbai’s BKC. Google India will pay ₹3.55 crore per month for 1,10,980 sq. ft., while Google Cloud’s lease for 38,678 sq. ft. is set at ₹1.24 crore per month. Both leases, registered in February 2025, include a five-year term with a 15% rent escalation clause after 36 months.

Deepika, her mom and dad rent their Bandra flat for Rs

Deepika Padukone, her father Prakash Padukone and mother Ujjala Padukone have rented…

Colliers India Facilitates 68,021 Sq. Ft. Office Deal for Protean eGov Technologies in Mumbai

Colliers India has executed a major 68,021 sq. ft. office transaction for Protean eGov Technologies Ltd. at One International Center, Lower Parel. This strategic move aligns with Protean’s mission to drive digital transformation, with Colliers also leading the office design to create a collaborative and innovative workspace.

Grade-A Shortage Is Pushing Rents Up — Why Mumbai, Delhi & Gurugram Are Squeezing Businesses

New IIMB–CRE Matrix data shows Grade-A office rents rising across India. The story isn’t a cyclical bounce — it’s structural scarcity of premium stock meeting renewed in-office demand. Here’s what tenants, startups and investors should do next.