Tardeo Flats Sold For Rs 1.18 lakh Per Sq Ft

The Imperial Pic Credit: https://theimperialedge.in/gallery.html
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Two flats in Mumbai’s Tardeo area were sold for Rs 1,18,456 per sq ft. The two flats were sold on December 18 for a combined consideration of Rs 36.50 crore.

By Varun Singh

Two apartments in Mumbai’s Tardeo area were sold, last week for Rs 36.50 crore in the building The Imperial Edge.

The two flats are 3101 and 3102 located on the 31st floor of the building.

The total area of the two flats is 3081 sq ft and going by Rs 36.50 crore, the per sq ft rate comes to Rs 1.18 lakh.

The Tardeo deal according to documents accessed by SquareFeatIndia was registered on December 18.

Flat number 3101 measurers 1540.65 sq ft and was purchased for Rs 18.60 crore (Rs 18,60,97,127). The second flat 3102 also measures the same and for this flat, the buyer paid Rs 17.89 crore (Rs 17,89,02,873).

The total stamp duty paid by the buyer is Rs 73.01 lakh to the developer.

The seller in this case is S D Corporation Pvt Ltd. The buyers are a well known business couple from Mumbai.

The buyers who didn’t wish to be identified includes a senior management member from India’s one of top mutual fund investment company.

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Along with the flats the buyers will also have access to six car parks located in the Tardeo building.

Expensive deals of Year 2020.
Anurang Jain paid Rs 1.56 lakh per sq. ft. for an apartment in Carmichael Residences in July 2020.

In the same Carmichael Residencies Anurang Jain bought another flat in October for Rs 1.22 lakh per sq. ft.

Shushilkumar Jain paid Rs 1.30 lakh per square feet for an apartment in Bandra’s Navroze building.in July 2020.

Businessman Pratik Agarwal registered a flat in Samudra Mahal, for Rs 1.12 lakh per sq ft. in June 2020.

Veteran banker Romesh Sobti along with his wife bought an apartment for Rs 76 crore in Worli’s Three Sixty West in June 2020

Also Read: Bandra flats sold for record Rs 1.30 lakh per sq ft

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