The flat, numbered 301 on the 3rd floor of Building No. 3, spans approximately 4,610 square feet and includes five dedicated car parking spaces. With a reserve price of Rs. 28.79 crore, the e-auction is scheduled for January 20, 2026, via an online platform, following the bank’s possession of the asset in June 2022. This move comes after Bhatter and his wife, Meghna Kedia Bhatter, defaulted on a home loan, ignoring a demand notice issued in January 2020.

Bhatter, a Kolkata-based businessman, rose to infamy through his role as the dominant promoter and director of BRH Wealth Kreators Ltd. (formerly BMA Wealth Creators Ltd.), a stockbroking firm that has been at the center of a massive investor fraud. The scam involved the systematic looting of client funds and securities, with allegations of unauthorized transfers, illegal pledging to secure loans, and diversion of hundreds of crores to related entities and personal ventures.

Investors reported that Bhatter’s firm misused powers of attorney to transfer shares from demat accounts, funneling money through interconnected companies for personal gains, such as acquiring high-end properties in Mumbai. The regulator first cracked down in October 2019 with an interim ban, citing a Rs. 93 crore shortfall in client securities and Rs. 169 crore in improperly pledged assets. By 2020, the bans were confirmed and hefty fines imposed, including Rs. 5 crore each on BRH Wealth Kreators and its subsidiary BRH Commodities, and Rs. 1 crore on Bhatter personally.

In March 2023, the company’s registration was revoked, barring Bhatter and associates from the market for up to seven years. The Enforcement Directorate (ED) escalated the probe under PMLA, conducting raids in July 2025 at premises linked to Bhatter, uncovering incriminating evidence of money laundering and fund diversion.

This auction highlights the fallout from Bhatter’s alleged schemes, which defrauded numerous investors and eroded trust in the broking industry. As the ED continues to trace financial trails, more assets may face similar fates. Potential bidders are advised to verify encumbrances, with the sale on an “as is where is” basis.

Also Read: Mumbai Court Summons Developers in Patra Chawl Scam After ED Files New Money Laundering Complaint

The post Luxury Property Belonging to Scam Accused Anubhav Bhatter Up for Auction appeared first on Square Feat India.

According to docuemnts provided to SquareFeatIndia by IndexTap.com – Real Estate Advisory Firm the flat is that Sonam sold is located on the 3rd Floor, of Signature Island, G Block, Bandra Kurla Complex, Bandra East.

The deal as per registration documents was registered on December 29, 2022. According to documents 5,533 sq. ft. is the Built-up Area of the apartment.

The buyer is SMF Infrastructure Pvt. Ltd, the stamp duty paid is Rs 1.95 crore for the registration of the deal. Acccording to docuemnts this house was bought by the actor in June 2015 by paying Rs 31.48 crore a stamp duty of Rs 1.57 crore was paid for the registration of the apartment then,

The project in which the house is a residential complex in the central business district of Bandra Kurla Complex.

Alongwith the apartment the new owner shall also have an acess to four car parks in the building.

Also Read: Janhvi, Khushi & Boney Kapoor buy Bandra Duplex for Rs 65 Cr

The post Sonam sells her BKC flat for Rs 32.5 Crore appeared first on Square Feat India.

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.

Also Read: Carmichael Road Flat Sold for Rs 1.25 lac psf

The post BKC duplex sold for ₹55 Crore appeared first on Square Feat India.