Niraj Bajaj, chairman, Bajaj Auto has purchased a sea-facing triplex apartment at Mumbai’s Malabar Hill for Rs 252.5 crore, according to IndexTap.com.
Located on the 29th, 30th and 31st  floor of Lodha Malabar Palaces by sea project and purchased from Macrotech Developers, Bajaj signed the agreement deal of the property on March 13, 2023.
Spread over 18,000 sq ft, the triplex comes with 8 parking lots. Bajaj paid a stamp duty of Rs 15.15 crore.
Located in South Mumbai, Malabar hill is the most expensive real estate market in the country.
(Header image: Bajaj Group)
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