Mumbai real estate: Great White Global buys 2 Worli apartments for ₹225 crore

Great White Global buys two luxury apartments in Worli for ₹225.11 crore, each 8,041 sq ft, with 10 parking spaces, registered on October 24

Updated on: Oct 30, 2024, 09:40:19 IST

By Ateeq Shaikh

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MUMBAI: Great White Global, manufacturer of electrical accessories and circuit protection systems, has purchased two sprawling apartments at Oberoi Three Sixty West in Worli for ₹225.11 crore.

A section of the Worli skyline. Representative Image. HT Photo

Each apartment measures 8,041 sq ft and comes with 10 parking spaces. Property transaction documents available on IndexTap, a proptech platform for real estate data, show the deal was registered on October 24 at ₹112.55 crore per apartment. The luxury apartments are on the 52nd and 56th floors of Tower B.

Great White Global is part of the Anchor group, a leading manufacturer of electrical switches, and has its corporate office in Lower Parel.

The company’s new address at the uber luxury residential project in Worli is also home to Welspun Group’s Chairman B K Goenka, Sajjan India Group’s Madhav Prasad Agarwal, WestBridge Capital’s Co-Founder Sumir Chadha, Everest Masala Group’s Vadilal Shah, decor brand Maison SIA’s Founder Vratika Gupta, D Mart’s Promoter Radhakishan Damani, among others.

ABOUT THE AUTHOR
Ateeq Shaikh
Ateeq Shaikh is a Senior Assistant Editor tracking real estate and infrastructure. With over two decades in journalism, he has reported extensively on topics such as metro rail, infrastructure projects, redevelopment in Mumbai, affordable housing, real estate, environmental issues and public transportation. His data driven stories explain the impact of public policy and large scale infrastructure projects on citizens' lives. His recent detailed report on the government's fireside sale of several real estate parcels in Mumbai or nearly one-fifth of habitable Mumbai triggered a signature campaign by activists and the civil society. This plan also faced pushback from people impacted by the government's decision, which he also reported on. Ateeq was instrumental in getting Mumbai Metro One Private Limited, a Public - Partnership (PPP) project, recognised under the Right to Information Act, the first PPP in India under the transparency law. His consistent campaign on technical issues plaguing the Mumbai Monorail, India's only such transportation system, forced authorities to publicly acknowledge the problems and work towards a permanent fix. Despite multiple attempts by the authorities, the system continues to be a white elephant in Mumbai.Read More