11 , July , 2022
B- Town actor Ranveer Singh has become an owner of another ritzy property as the actor has bought a sea-view luxury quadruplex in Mumbai's Bandra for a whopping amount of Rs 119 crore.
The apartment is a super-premium residential tower Sagar Resham on Bandstand in Mumbai's posh area Bandra locality and offers a continuous view of the Arabian Sea from Bandstand. This transaction makes it one of the most expensive deals for a single residential apartment anywhere in the country.
Interestingly, as per the sources, apart from being a sea-facing property the apartment is also located between Salman Khan's residence Galaxy and Shah Rukh Khan's home Mannat on the same stretch. The sources further revealed that the apartment is spread across the 16th 17th, 18th, and 19th floors of the tower. The premium property has a total of 11,266 sq ft of carpet area and a 1,300 sq ft exclusive terrace. The deal is valued at over 1 lakh per square ft, underlining with the ongoing property rates in the vicinity.
The sources further revealed that Ranveer has brought the apartment via a firm named Oh Five Oh Media Works LLP that makes Ranveer and his father Jugjeet Sundar Singh Bhavnani as directors.
The firm has also paid a total stamp duty of Rs 7.13 crore. The transaction has been reportedly concluded through two separate agreements. As a part of the deal Ranveer will also get exclusive access to a total of 19 car parking slots in the building. Oh Five Oh Media Works LLP registered the agreement of sale for the purchase of a quadraplex on the 16th through 19th floors of the still-under-construction Sagar Resham Co-operative Housing Society, located on BJ Road, Bandstand, Bandra.
The real estate transaction's paperwork was completed on July 6, 2022. According to these records, the seller is Enorm Nagpal Realty LLP and the buyer is Oh Five Oh Media Works LLP. Jugjeet Sunder Singh Bhavnani signed the paperwork on behalf of the company.
