Pharmaceutical Mogul's Family Invests ?9.5 Million in Luxury Worli Apartments

01 Nov 2023

In a notable development within Mumbai's real estate realm, the family of BDR Pharmaceuticals' Chairman and Managing Director has recently concluded a substantial acquisition. The distinguished pharmaceutical magnate's relatives have invested a remarkable Rs 81 crore (?9.5 million) in acquiring lavish apartments situated in the esteemed Worli area of Mumbai. This strategic move reflects not only the family's penchant for luxurious living but also underscores the robust and dynamic nature of Mumbai's residential property market, particularly in coveted locales like Worli. The acquisition aligns with the family's commitment to quality living and sound investment strategies, showcasing their confidence in the enduring value of premium real estate. The substantial financial commitment of Rs 81 crore signals a growing trend of high-net-worth individuals recognising Mumbai's real estate market as a stable and lucrative investment avenue. This transaction not only contributes to the family's expanding property portfolio but also adds a noteworthy chapter to the ongoing narrative of Mumbai's flourishing real estate landscape.

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