CATCH ME UP
Dinesh Thakkar, founder and chief of Angel One, has agreed to purchase an entire seven-storey residential tower in Mumbai’s Juhu.
The reported deal value is Rs 711 crore.
Embassy Developments described it as the country’s largest single residential unit deal.
The tower is at Embassy Terrazza in Juhu and is described as an ultra-luxury, low-density project.
More context
Thakkar said he wanted privacy, spaciousness, and sea views.
The reporting also places the deal in the context of a broader boom in Mumbai’s ultra-luxury housing market.