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The country’s most expensive apartment in the Indian city of Mumbai has been sale for INR 369 crore.
According to NDTV, the family of the famous company Famicare founder and industrialist JP Taparia has bought this luxurious three-storey apartment in Malabar Hills, South Mumbai.

This apartment at Sea View is the most expensive apartment in India.
JP Taparia’s family bought this luxurious apartment from Macro Tech Developers, a Lodha Group company. This apartment is located on the 26th, 27th and 28th floor of Lodha Malabar, a luxury residential tower.

The size of this three-storey apartment is 27,160 square feet. Which has been purchase for 1 lakh 36 thousand Indian rupees per square feet. It is also the most expensive residential apartment in India on a per sq ft basis.
The Taparia family paid a stamp duty of INR 19 crore to buy this apartment.

Earlier this month, Bajaj Auto chairman Niraj Bajaj bought a three-storey sea-front luxury apartment from the Lodha Group for INR 252 crore.
The apartment is located on 29th, 30th and 31st floor of Lodha Malabar Palaces project. The total area of these three flats is 18,000 square feet with eight spaces reserve for car parking.
The agreement for the sale of this apartment was enter into on 13 March 2013. And its stamp duty agreement was settle at INR 155 crore.

Last month, Welspun Group chairman BK Goenka bought a penthouse in Worli worth INR 230 crore, while earlier Bollywood actress Madhuri Dixit bought an apartment worth INR 48 crore in Worli itself.

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By Admin