Kiren Gems MD buys apartment in Mumbai Worli for 97 crore 

Mavjibhai Patel, Managing Director and part of promoter group of one of the world largest natural diamond manufactures Kiren Gems has brought a sea view luxury aparment in a super premium residental tower in Mumbai plush Worli locality for about Rs 97 crore. The apartment sperad over 14,911 sqft Rera carpet area in Three Sixty West on Dr. Annie Besant road is on the 47th floor of the wings of the tower. Patel purchased the apatment jointy with more family members. The buyers paid over rs 5.84crore as stamp duty alone for the transition that was registered on April 29, showed documents accessed through IndexTap. 

Patel brought the apartment directly from Sahana Group Skylark Buildcom and Monon Ray Realty part of jointventure Oasis Realty which had developed the project along with Oberoi Realty. Sahana Group confirmed the deal, while ET's email query to Kiran Gems remained Mumbai led the pack as the country’s biggest and most expensive property market continued its record-setting spree, reaching a new peak with best annual performance in terms of both property registration and revenue collection through stamp duty chargers. 

South and central Mumbai—home to India’s most expensive apartments—played a majo role in driving this performance. The micro-market witnessed many large-ticket record-setting transactions involving industrialists, CXOs, actors and sports personalities in the last few years. 

https://livehomes.in/news_letter