Reliance Industries Acquires Luxury Triplex Apartment in Mumbai for ₹120 Crore
RIL buys triplex apartment in BKC for ₹120 crore
Hindustan Times
Image: Hindustan Times
Reliance Industries Limited (RIL), led by billionaire Mukesh Ambani, has acquired a triplex apartment in Bandra Kurla Complex, Mumbai, for ₹120 crore. The luxury residence spans 16,128.85 sq ft and features four parking spaces, purchased from Joinwood Realty Private Limited on April 28, 2023.
- 01Reliance Industries Limited purchased a triplex apartment for ₹120 crore.
- 02The apartment covers a carpet area of 16,128.85 sq ft in Bandra Kurla Complex.
- 03The deal was finalized on April 28, 2023, with additional stamp duty and registration costs.
- 04Previous owners include Joinwood Realty and Sunteck Realty, which developed the building.
- 05The price per square foot for the apartment is ₹74,401.
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Reliance Industries Limited (RIL), headed by billionaire Mukesh Ambani, has acquired a luxurious triplex apartment in Bandra Kurla Complex (BKC), Mumbai, for ₹120 crore. The apartment, located on the top three floors of a 17-storey building known as Signature Island, boasts a carpet area of 16,128.85 sq ft and includes four basement parking spaces. The purchase was made from Joinwood Realty Private Limited on April 28, 2023, with additional costs of ₹7.2 crore in stamp duty and ₹30,000 in registration fees. Signature Island was developed by Sunteck Realty, which constructed the building in 2015. The price per square foot for this apartment stands at ₹74,401. Notably, the complex has been home to other high-profile residents, including actors Aishwarya Rai Bachchan and Sonam Kapoor, who purchased apartments there in 2015.
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This acquisition highlights the ongoing demand for luxury real estate in Mumbai, particularly in high-profile areas like BKC, potentially influencing property values.
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