JB Chemicals promoters buy two luxury apartments in South Mumbai’s Morena House for Rs 138 crore

The deals are valued at around Rs 1.31 lakh per sq ft, making them one of the costliest property transactions in the country. Stamp duty alone for these transactions is around Rs 7 crore. While Mody, who is part of promoters group and former President of the company, has bought the apartment spread over 5,341 sq ft on the 5th floor for Rs 70 crore, his sister Asher has purchased the 5,284-sq-ft apartment on the 4th floor for Rs 68 crore.

via Economictimes

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