Zydus Trust Buys Rs 2 Bn Luxury Flat in Mumbai's Worli

31 Mar 2025 CW Team

The Zydus Family Trust, linked to Zydus Lifesciences Limited (formerly Cadila Healthcare), has acquired a luxury apartment worth Rs 2 billion in Mumbai's Worli, according to property documents accessed by IndexTap.com. The apartment, measuring 17,384 sq ft, is located on the 61st floor of Oberoi Three Sixty West, a premium residential project by Oberoi Realty. The sale price indicates a rate of around Rs 1.15 lakh per sq ft.

The purchase involved a stamp duty payment of Rs 7.04 crore and a registration fee of Rs 30,000. The property includes eight car parking spaces and the transaction was registered on 27 March 2025. The apartment was bought in the name of the Zydus Family Trust, listing Pankaj Patel, Priti Patel, and Sharvil Patel as buyers. The trust is affiliated with Zydus Wellness and controlled by the Patel family. Oberoi Realty has yet to respond to an email query. A response from the Zydus Family Trust is also awaited.

Oberoi Three Sixty West comprises two towers with 4 BHK, 5 BHK, duplexes, and penthouses. The project, which received its occupation certificate in 2022, is home to celebrities and industrialists including Shahid Kapoor, Radhakishan Damani, and others.

Real Estate

31 Oct 2025

Birla Estates Tops Global GRESB 2025 Rankings

Birla Estates (BEPL), a wholly owned subsidiary of Aditya Birla Real Estate (formerly Century Textiles and Industries Limited), has been recognised as a Sector Leader in the 2025 GRESB Real Estate Assessment, securing top honours across multiple global and regional categories.Birla Estates’ Achievements in GRESB 2025:Global Sector Leader – ResidentialGlobal Sector Leader – Non-Listed ResidentialRegional Sector Leader – Asia – ResidentialRegional Sector Leader – Non-Listed – Asia – ResidentialThese distinctions reaffirm Birla Estates’ exceptional performance in Environmental, ..

Progota India Secures RDSO Clearance for Kavach 4.0

Concord Control Systems, one of India’s leading manufacturers of embedded electronic and critical system solutions, announced that its associate company, Progota India, has received Technical Prototype Clearance from the Research Designs and Standards Organisation (RDSO) for Kavach 4.0, the latest version of Indian Railways’ indigenous Automatic Train Protection (ATP) system.With this clearance, Progota has been formally approved to execute its ongoing trial order from South Central Railway, marking a key milestone in India’s railway modernization journey. The approval also establishes P..

MPS Interactive Systems Completes Full Acquisition of Liberate Group

MPS Interactive Systems (MPSi), a material subsidiary of MPS, has completed the acquisition of the remaining shareholding in the Liberate Group of Companies—comprising Liberate Learning, App-eLearn, and Liberate eLearning.With this transaction, MPSi now holds 100 per cent ownership of all entities within the Liberate Group, making them its wholly owned subsidiaries. The acquisition was executed in line with the valuation methodology defined in the original transaction documents.Commenting on the development, Rahul Arora, Chairman and CEO of MPS, said, “The corporate learning sector continu..