Luxury Living: Karan Bhagat's ₹170 Crore Apartment Purchase in Mumbai's Worli
Mumbai's real estate market sees a staggering purchase of ₹170 crore by 360 ONE's founder-CEO Karan Bhagat in Worli.
Mumbai Real EstateLuxury Apartments360 OneKaran BhagatOberoi RealtyReal Estate MumbaiMay 28, 2024
The luxury apartments, spread over 12,900 sq ft, are located on the 45th and 46th floors of Oberoi Realty's Three Sixty West project on Dr. Annie Besant Road. With this purchase, Bhagat has demonstrated his wealth and taste for luxury living.
For the uninitiated, Mumbai's real estate is an exorbitant affair. According to No Broker, the average price of a 1BHK in the city is in excess of ₹65.5 lakh. A 2BHK could cost a buyer around ₹1.5 crores, and a 4BHK could cost someone around ₹9 crores.
360 ONE, formerly IIFL Wealth Management, is one of the largest asset and wealth management companies in India, with over $56.3 billion in assets under management. Karan Bhagat, an IIM graduate, is the founder-CEO of the company.
Oberoi Realty is a leading real estate developer in India, known for its luxury residential and commercial projects. Its flagship project, Three Sixty West, is a premium residential complex located in Worli, Mumbai.
Frequently Asked Questions
Who is the founder-CEO of 360 ONE? A: Karan Bhagat Q: What is the worth of the luxury apartments purchased by Karan Bhagat? A: ₹170 crore Q: Where are the luxury apartments located? A: Worli Mumbai in Oberoi Realty's Three Sixty West project Q: What is the average price of a 1BHK in Mumbai? A: ₹65 5 lakh Q: What is the approximate worth of assets under management by 360 ONE? A: $56 3 billion
Answer not available
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