Vibha D Sanghvi, one of the promoters of Sun Pharma, has acquired two premium apartments in the prestigious Naman Xana on Dr. Abdul Gaffar Khan Road in Worli with the total transaction amounting to a staggering Rs 130 crore.
The first apartment, located on the 21st floor, spans 600 square meters and was registered on November 27 for Rs 65 crore while the second apartment, identical in size and situated on the 29th floor, was registered on December 26 for Rs 65 crore. Both properties are noted for their opulence, prime location, and exclusive amenities, including premium parking spaces.
In addition to the substantial property price, Sanghvi paid a total stamp duty of Rs 6.5 crore, taking advantage of a 1 percent concession available for such high-value transactions.
Naman Xana is renowned for its luxury and is situated near significant landmarks, including the bungalow of Mukesh Ambani’s daughter, adding to its allure. This acquisition underscores the continued demand for high-end real estate in Mumbai’s most coveted neighborhoods.
Sanghvi's investment highlights the ongoing trend of luxury living in Mumbai, reflecting the city's status as a prime destination for affluent buyers seeking both luxury and strategic location.
