Piramal Capital and Housing Finance Sells Commercial Property in Mumbai for ₹187 Crore
Piramal Capital and Housing Finance Limited has sold a commercial building along with the land asset spread across an area of 2,034 sq m for ₹187 crore to Shoquba Realty Private Limited in Santacruz area of Mumbai.
Mumbai Real EstateCommercial PropertyPiramal Capital And Housing FinanceShoquba Realty Private LimitedProperty DealsReal Estate NewsOct 04, 2024
The transaction includes two basement floors, one stilt floor, three podium floors, and eight more floors. The stamp duty paid for the transaction is ₹11.22 crore, and a registration fee of ₹30,000 was also paid. Shoquba Realty Private Limited could not be reached for a comment. This is one of the recent major property deals in Mumbai, following the sale of an IT Park in Malad area for ₹335 crore and a 20.5-acre land parcel in Kandivali area for ₹210 crore.
Frequently Asked Questions
What is the value of the commercial property sold by Piramal Capital and Housing Finance?
The commercial property was sold for ₹187 crore.
What is the area of the commercial property sold?
The commercial property is spread across an area of 2,034 sq m.
Who is the buyer of the commercial property?
The buyer of the commercial property is Shoquba Realty Private Limited.
What is the location of the commercial property?
The commercial property is located in Santacruz area of Mumbai.
What is the stamp duty paid for the transaction?
The stamp duty paid for the transaction is ₹11.22 crore.
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