Mumbai: Jagdish Naresh Master, a prominent stock market investor and director of Deep Financial Consultants, has purchased a luxury sea-view apartment in Mumbai's upscale Worli area for over Rs 106 crore.
Interestingly, his wife, Urjita Jagdish Master, also a stock market investor and director of the same firm, acquired a luxury apartment on the 59th floor of the same tower for over Rs 105 crore.
According to documents obtained by Zapkey.com, the apartment spans over 7,139 square feet on the 60th floor (44th habitable floor) of the Oberoi Three Sixty West tower on Dr. Annie Besant Road.
The transaction values the apartment at nearly Rs 1.50 lakh per square foot, making it one of the most expensive residential deals in the country.
Since the same apartment was transacted within three years of its previous registration, which incurred a stamp duty of Rs 2.86 crore, the new buyer paid the differential stamp duty, as shown in the documents.
