Embassy sells Juhu tower to Angel One founder Thakkar for Rs 711 cr
Embassy Developments has finalized a pivotal MoU for a luxury residential sale involving an entire tower at Embassy Terrazza located in Juhu. Dinesh Thakkar, the founder of Angel One, has acquired this prestigious residence, with the deal amounting to around Rs 711 crore, inclusive of all expenses. This transaction stands as the largest single residential unit sale for the developer in India.
Dinesh Thakkar, founder and chairman of Angel One, has made a significant real estate investment by purchasing an entire luxury residential tower in Juhu, Mumbai, for over ₹711 crore. This marks one of the biggest residential transactions in India, with the property at Embassy Terazza on Juhu Tara Road boasting a RERA carpet area of 63,000 sq ft. The deal is valued at around ₹1.13 lakh per sq ft, setting a new record for residential property in Juhu.
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- Who is Dinesh Thakkar? Angel One boss who bought a Mumbai tower for Rs 711 crore? timesofindia.indiatimes.com
- Who is Dinesh Thakkar, buyer of ₹711 cr Juhu tower? economictimes.indiatimes.com
