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.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..