360 ONE's founder buys two apartments in Mumbai's  Worli for rs 170 crore

Managing Director and Cheif Eexcutive officer of wealth and alternatives focused assest firm 360 ONEm brought two sea-view luxury apartments in a super preimum residential tower in Mumbai’s plush Worli locality for a total Rs 170 crore. The apartments cover 12,900 sq ft built up area on the 45th and 46th floors of Three Sixty West project on Dr. Annie Besant Road. The deal was struck at about Rs 1.31 lakh per sq ft, pushing it higher in the tally of most expensive deals on per sq ft basis anywhere in the country.  Bhagat purchased the apartments directly from Oberoi Realty, the developer of the project. Both the apartments have been sold by Oberoi Realty within three years of acquiring it from joint venture partner Sahana Group. Bhagat declined to comment, while Oberoi Realty did not reply to an email query. Three Sixty West is a mixed-use development comprising two towers, one of which houses The Ritz-Carlton Hotel and the other will have luxury residences managed by The Ritz-Carlton. The apartments bought by Bhagat are part of over 60 acquired by Oberoi Realty in the project from its developer Oasis Realty. The company had paid a total of Rs 4000crore.  Welspun Group’s BK Goenka too bought a penthouse of a similar size in Oberoi Three Sixty West for Rs 230.55 crore. 
 

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