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

The Role of Policy in Driving Sustainable Real Estate Development

As India faces rapid urbanization, sustainable real estate is emerging as a necessity. Government policies and smart technology are driving a shift toward eco-friendly development.

Mumbai Sees 2nd Continuous Dip in Property Registrations – Is the Real Estate Bubble About to Burst?

Mumbai’s property market witnessed its second straight monthly decline in registrations in May 2025, raising concerns over a potential slowdown. While mid-segment housing saw a dip, luxury property sales surged, keeping government revenue stable. Could this be an early sign of a real estate correction?

In 3 Months MahaRERA Bars 648 Realty Projects to Sell or Advertise homes

By Varun Singh In the first three months of the year 2022,…

MHADA’s Mumbai Lottery 2026: Only 75,366 Applications — Has Affordability Become a Myth?

75,366 applications for 2,640 homes — MHADA Mumbai’s 2026 lottery sees a sharp demand drop. Has pricing finally broken the scheme’s affordability promise?