New Delhi: An industrialist has bought four apartments for nearly ₹380 crore at a super luxury project in Gurugram, in one of the costliest apartment deals in the country, said two people aware of the development.
The NCR-based industrialist was initially looking for a farmhouse or bungalow in the premium residential area of Lutyens' Delhi with a budget of ₹350-400 crore but later opted for the apartments. "We advised a prominent Indian business family on a consolidated ₹380-crore acquisition at this super-luxury project in Gurugram," said Kshitij Jain, founder, Rizin Advisory Pvt Ltd. He did not identify the buyer.
The four apartments will be interconnected and span more than 35,000 sq ft.
"Some equity investors from Mumbai have also bought apartments at this super luxury project realising the potential for price appreciation," a person said.
The NCR-based industrialist was initially looking for a farmhouse or bungalow in the premium residential area of Lutyens' Delhi with a budget of ₹350-400 crore but later opted for the apartments. "We advised a prominent Indian business family on a consolidated ₹380-crore acquisition at this super-luxury project in Gurugram," said Kshitij Jain, founder, Rizin Advisory Pvt Ltd. He did not identify the buyer.
The four apartments will be interconnected and span more than 35,000 sq ft.
"Some equity investors from Mumbai have also bought apartments at this super luxury project realising the potential for price appreciation," a person said.
You may also like

Killed PIO in Canada as he didn't pay up: Bishnoi gang; brief lockdown in locality after incident

"Blatant disrespect to people of India": CM Sarma orders police action after Bangladesh national anthem sung at Congress meet in Assam

Stay off district judiciary, it's our domain: Allahabad HC to Supreme Court

Two top breakfast presenters axed after seven years in major channel shake up

Amazon To Lay Off 800-1,000 Employees In India





