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With the real estate market beginning to adjust to various reforms like demonetisation and most Indian metros witnessing recovery with sales improving, the report of a Mumbai Apartment flats being sold worth Rs 240 crore has created buzz in the property market.
Touted to be one of the biggest residential transaction in recent times, the Taparia business family has brought four flats at an upcoming residential tower in South Mumbai’s Napean Sea Road locality for a whopping Rs 240 crore.
The Taparias were once the owner of Famy Care Ltd — a Mumbai-based contraceptive manufacturer, which they sold for Rs 4,600 crore three years ago.
The Taparias have bought the flats between the 28th and 31st floors of the luxury tower.
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