Informist, Thursday, Nov 3, 2022
By Janaki Krishnan
MUMBAI – Actor Janhvi Kapoor along with her father Boney Kapoor and sister Khushi Kapoor purchased a duplex apartment in Mumbai’s Pali Hill for 650 mln rupees, registration documents showed.
The duplex apartment, located in the building named Kubelisque Condominium, has a built-up area of 8,670 sq ft (carpet area of 6,421 sq ft) and five car parking slots. The apartment was acquired from Kintu Bajaj, director with Bada Saab Properties, according to documents accessed by Informist from Indextap.com.
The apartment has an open garden area and a swimming pool on the first floor.
Kubelisque Condominium, built by real estate developer Kishore Bajaj, is a 14-storey high rise, and is home to several corporate honchos, expatriates and actors. Last year, the head of Walt Disney India had rented an apartment located on the ninth floor of the building for 1.15 mln rupees a month.
Last month, Oberoi Realty Chairman and Managing Director Vikas Oberoi, while announcing its quarterly results, had said that demand for luxury residential projects was growing and seeing good traction. The company’s super luxury building complex in Worli, Three Sixty West, has seen rates hitting 100,000 rupees per sq ft in recent deals.
According to real estate consultants, there was a surge in demand for luxury residences post-pandemic among high net-worth individuals who wanted to upgrade their lifestyle and move to larger, grander homes. In terms of growth rate, sales in premium and luxury segment had surpassed affordable housing by about 1% over the last year-and-a-half.
Edited by Tanima Banerjee
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