D'Mart founder picks up Malabar Hill property for Rs 1,001 cr

D'Mart founder picks up Malabar Hill property for Rs 1,001 cr
​ By
IANS
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Published on
​ Sat, Apr 3 2021 20:03 IST
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D'Mart founder picks up Malabar Hill property for Rs 1,001 cr. Image Source: IANS News
Mumbai, April 3 : Investor and founder of D'Mart retail chain, Radhakrishna Damani, and his brother, Gopikishna Damani, have bought a two-storey building in south Mumbai for a whopping Rs 1,001 crore.
According to the Loksatta website, the deal has been finalised for the property measuring 5752.22 sq mt (61,916 sq ft).
The current market price for the property as per the ready-reckoner is around Rs 724 crore and it has been sold by the current owners, Saurabh Mehta, Varsha Mehta and Jayesh Shah.

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