Aditya Birla Group Purchases a Bungalow on Carmichael Road in South Mumbai for INR 220 Crores

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Aditya Birla Group Purchases a Bungalow on Carmichael Road 

The South Mumbai luxury real estate juggernaut seems to be gathering more momentum with each passing day. There has been another high ticket-size purchase at Carmichael Road in 2023.

BGH Properties, a subsidiary of the Aditya Birla Group, has purchased a bungalow in the affluent Mumbai neighbourhood of Carmichael Road for Rs 220 crore, according to documents obtained by Zapkey.com

The ground-plus-two property acquired by BGH Properties is situated on ML Dahanukar Marg and Carmichael Road.

The property has a total constructed area of 18,494.05 square feet. Each covered carport is 190 square feet in size. The registration date was April 10, 2023, according to the documentation.

BGH Properties paid a stamp duty of Rs 13,2 crore, according to the official record.

The transaction is governed by a transfer deed. 

Documents revealed that the property was acquired from the estate of Ernie Kharshedji Dubash via her surviving will executors Adi N Palia, Darious Sorab Cambatta, Cyrus Soli Nallaseth, Adi Hirji Jehangir, and Chetan Mahendra Shah.

Other notable luxury projects in Carmichael Road and Altamount Road include Arkade Rise, Carmichael Residences, Lodha Altamount, etc.