Asha Mukul Agarwal, the director of the capital market investment and trading firm Param Capital, has made a substantial investment in three luxury apartments in the upscale Malabar Hill area of South Mumbai. The apartments, located on the 24th and 25th floors of the Lodha Malabar super-luxury residential tower on Walkeshwar Road, were acquired from Microtech Developers, a listed company of the Lodha Group. Agarwal's purchases include two apartments on the 25th floor, totalling 9,719 sq ft, acquired for over Rs 1.32 billion, and a single apartment spanning 9,535 sq ft on the 24th floor, purchased for Rs 1.30 billion. These transactions were registered on September 27, with a total stamp duty of nearly Rs 131.5 million paid. Mumbai's property market set a new benchmark in September with stamp duty collections exceeding Rs 11.21 billion. These apartments also come with exclusive access to ten parking slots within the tower. The under-construction Lodha Malabar project recently witnessed India's most expensive apartment deal when the Taparia family acquired a triplex on the 26th, 27th, and 28th floors for Rs 3.69 billion. The luxury tower, situated on a 1.08-acre plot opposite the governor's estate, with stunning views of both the Arabian Sea and the Hanging Gardens, is slated for completion by June 2026. This purchase follows other high-profile real estate investments in Mumbai, including Bajaj Auto chairman Niraj Bajaj's acquisition of a sea-view luxury penthouse for over Rs 2.52 billion in the same under-construction project, and BK Goenka, Welspun Group chairman's purchase of a penthouse in Worli for Rs 2.40 Bn.