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✦Reported by The Economic Times

Pharma company Gufic buys luxury duplex in Mumbai’s Juhu for over Rs 236 cr

Pharma company Gufic buys luxury duplex in Mumbai’s Juhu for over Rs 236 cr
Source: The Economic Times

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓Pharmaceutical company Gufic bought a luxury duplex in Mumbai’s Juhu for Rs 236.33 crore.
  • ✓The property, located in the Lodha Avalon project, spans 19,694 square feet and includes 10 car parking spaces.
  • ✓The deal was executed on October 19, and the company paid Rs 14.18 crore in stamp duty fees.

Story at a Glance

Category
BUSINESS
Reported By
The Economic Times
Reading Speed
3 Minute(s)
Market Focus
India Economy

Synopsis

Gufic has made a significant real estate purchase with the acquisition of a luxury apartment in Mumbai. The duplex is located in the upscale Lodha Avalon project on Juhu Tara Road, featuring 19,694 square feet of space. This transaction, valued at Rs 236.33 crore, highlights the ongoing demand for luxury residential properties in the city. The purchase also involved a considerable stamp duty of Rs 14.18 crore for registration.

MUMBAI: Pharmaceutical company Gufic has purchased a luxury duplex apartment in a residential development Lodha on Mumbai’s plush Juhu Tara Road, for Rs 236.33 crore. The property has a carpet area of around 19,694 sq ft and the transaction includes 10 car parking spaces.

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Pharma company Gufic buys luxury duplex in Mumbai’s Juhu for over Rs 236 cr | ArthNow