A real estate deal between a charitable trust and a healthcare firm worth Rs 539.83 crore took place last month.

According to data provided to SquareFeatIndia.com by Propstack, a real estate data firm, the deal was signed on February 9.

The deal was signed between Bai Kabibai & Hansraj Morarji Charity Trust and Arogya Bharti Health Parks Pvt Ltd & Arogya Bharti Hospitals Pvt Ltd.

The documentation was carried out on February 8, 2022.

The total area as per the documents is 91,824.71 sq meters.

A stamp duty of Rs 32.38 crore was paid for the registration of the documents with the state’s Inspector General and Registration department.

This would be the second biggest realty deal that was signed in the city in February, in the first week of February when D Mart owner Radhakishan Damani, his immediate family and close associates purchased 28 units in a bulk deal at discounted rates in Oberoi Realty’s luxury project Three Sixty West at Worli for a total of Rs 1,238 crore.

Also Read: Mumbai generates Rs 1k Crore Stamp Duty in Feb, a first in FY 22-23

You May Also Like

Industrial & Logistics Sector Dominates Private Equity Investments in H1 FY25: ANAROCK Capital Report

Private equity investments in India dropped by 4% in H1 FY25, primarily due to a significant decline in the office sector. However, the industrial and logistics sector surged, capturing 67% of total investments, driven by increased demand from manufacturing, e-commerce, and 3PL.

Mumbai Home Sales in September will Surprise You

Mumbai home sales in the month of September will surprise you, we…

MHADA Mumbai lottery for 2,683 homes

MHADA the affordable housing authority of the state of Maharashtra, has announced…

JLL facilitates corporate divestment of CIDCO residential asset in Navi Mumbai

JLL, the country’s leading real estate advisory firm, successfully facilitated the corporate…