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Agarwal Holdings buys 75,000-sq-ft plot in Mumbai for Rs 332.8 crore

Of late, there has been a flurry of bungalow deals in Mumbai. Also, the trend of industrialists, corporate leaders and start-up owners purchasing ready-to-move-in luxury properties has continued in Mumbai even after the metro cess kicked in on April 1.

Representative image (Shutterstock.com)

Representative image (Shutterstock.com)

Agarwal Holdings Pvt Ltd has bought a 75,000 sq ft plot in Mumbai for Rs 332.8 crore, which is expected to be utilised for a redevelopment project, documents accessed by Indextap.com showed.

The plot is located in Juhu, Santacruz West, Mumbai.

The sellers of the plot are Pawan Kumar Shivling Prabhu, Vrinda Shivling Prabhu, Meet Kumar Shivling Prabhu and Pabita Shivling Prabhu. The purchaser is Agarwal Holdings Pvt Ltd, the documents showed.

The directors of Agarwal Holdings are Girdharilal Bawri, Banwarilal Bawri and Rajendra Agarwal.