Kandoi Fabrics, director buy two apartments in Mumbai's
Real Estate

Kandoi Fabrics, director buy two apartments in Mumbai's

The listed business Macrotech Developers of real estate developer Lodha Group in south Mumbai has sold two luxury apartments with sea views for more than Rs 108 crore to an Indian maker and exporter of packaging textiles and one of its directors.

The super-luxury residential tower Lodha Malabar on Walkeshwar Road has these apartments distributed across its first and twelfth floors, with a combined area of roughly 9,300 square feet.

Following their March purchase of four luxury flats in the same development for more than $2170 million, the firm and its directors have made a second such acquisition.

On June 1, Kandi Fabrics and its directors finalised and registered their most recent agreements. The documents discovered through Indextap.com revealed that the buyers had cumulatively paid stamp duty totaling over 65 million for both acquisitions.

The listed business Macrotech Developers of real estate developer Lodha Group in south Mumbai has sold two luxury apartments with sea views for more than Rs 108 crore to an Indian maker and exporter of packaging textiles and one of its directors. The super-luxury residential tower Lodha Malabar on Walkeshwar Road has these apartments distributed across its first and twelfth floors, with a combined area of roughly 9,300 square feet. Following their March purchase of four luxury flats in the same development for more than $2170 million, the firm and its directors have made a second such acquisition. On June 1, Kandi Fabrics and its directors finalised and registered their most recent agreements. The documents discovered through Indextap.com revealed that the buyers had cumulatively paid stamp duty totaling over 65 million for both acquisitions.

Next Story
Real Estate

Signature Global Prime Earns IGBC Platinum Certification for Sustainability

Signature Global (India) has achieved IGBC Platinum certification for its affordable housing project, Signature Global Prime, in Sector 63A, Gurugram. This milestone makes it one of the few affordable housing projects in India to earn the prestigious recognition.Spread over 5.7 acre, Signature Global Prime consists of 817 residential and 118 high-street retail units. The project advanced from Gold to Platinum certification by excelling in energy efficiency, water conservation, eco-friendly materials, and sustainable design.Lalit Aggarwal, Co-founder & Vice Chairman, stated, ""This achievem..

Next Story
Real Estate

Merino’s Special Laminates: Redefining Modern Interiors

Merino’s Special Laminates offer a perfect blend of aesthetics, durability, and functionality, making them a preferred choice for architects and designers. With diverse textures, patterns, and finishes, these laminates cater to varied design preferences—from minimalistic to bold interiors.Diverse Product RangeMerino’s collection includes:Sampada: Traditional Indian-inspired patterns.Luvih: Satin-smooth, fingerprint-resistant matte laminates.Infusio: High-definition, vibrant surface designs.Laminature: Realistic natural textures.Metalam: Sleek metallic finishes.Tuff Gloss MR+: High-gloss,..

Next Story
Real Estate

Casagrand Millenia Acquires Wagholi Land for Rs 1.26 billion

Casagrand Millenia has acquired a 1.18-ha land parcel in Wagholi, Pune, for Rs 1.26 billion (bn), as per property registration records. The transaction, involving a stamp duty of Rs 88.2 million and a registration fee of Rs 30,000, was finalised in January 2025.Anand Moorthy, Co-founder and CBO, Capital Market & Services, Square Yards, said, “Pune’s eastern micromarket is emerging as the most dynamic commercial hubs, witnessing the highest office offtake in the city. This surge coupled with well-developed physical and social infrastructure, seamless connectivity via the Pune-Ahilya..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?