Wadhwa Family Buys Apartment in Own Project for Rs 80 Cr

The promoters of Mumbai-based real estate firm, Wadhwa Group, have bought an apartment spread across three floors in their own project Wadhwa Samarpan for around Rs 80 crore.. The buyers, Ritu Wadhwa Makijha and Vinita Vijay W

BY Realty Plus
Published - Thursday, 19 Aug, 2021

Wadhwa Family Buys Apartment in Own Project for Rs 80 Cr

The promoters of Mumbai-based real estate firm, Wadhwa Group, have bought an apartment spread across three floors in their own project Wadhwa Samarpan for around Rs 80 crore.. The buyers, Ritu Wadhwa Makijha and Vinita Vijay Wadhwa, have bought the ninth-floor unit from Raghuleela Estates Pvt Ltd, a subsidiary company. The unit spread across three floors– ninth, tenth and eleventh – are located in the company’s project located off Carter Road in Khar West. The apartment is spread across an area of 5,254 sq ft, which includes the RERA carpet area and the deck area spread across 1351 sq ft, the documents showed. The unit comes with seven car parking slots. A stamp duty of Rs 2.4 crore was paid on the deal. The promoters have retained the top sea-facing three floors in his own project for self-use. The deal has been executed on market value, which is around 1.20 to Rs 1.50 lakh per sq ft. The project has received an occupancy certificate.