Mumbai: 360 ONE Co-founder Purchases Rs 1.58 bn Penthouse in Worli

11 Nov 2024 CW Team

Yatin Shah, the co-founder of the financial services firm 360 One, reportedly acquired a sea-view penthouse in one of the super-luxury residential towers located on Dr Annie Besant Road in Mumbai’s upscale Worli area for more than Rs 1.58 billion.

According to sources, Shah, along with his wife, purchased the luxury duplex apartment, spanning 10,312 sq ft across the top two floors of the tower, from Prime Realty LLP, a development company whose directors include politician and industrialist Praful Patel and his family members.

The deal, valued at approximately Rs 1.54 lakh per sq ft, places it among the most expensive transactions per square foot in the country.

The buyer is said to have paid over Rs 90.51 million in stamp duty charges for the registration of the deal, which took place on October 30, with the transaction being finalized on October 28, as indicated by documents accessed via Zapkey.com.

The property reportedly covers the entire 29th and 30th levels, occupying two full habitable floors in the tower. The 29th level, with 5,513 sq ft of space, includes living areas, while the 30th level, with 4,799 sq ft, leads to a private terrace that extends across 7,355 sq ft.

Shah is also the CEO of 360 ONE’s wealth business. The firm, 360 ONE WAM, founded by Karan Bhagat and Shah, is listed on the stock exchanges and is one of India’s largest wealth and asset management firms. 360 ONE serves over 7,500 families in the High Net Worth Individual (HNI) and Ultra HNI segments, with aggregate assets exceeding $68 billion under management.

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..