Global pharma firm Althera’s CEO, Sanjeev Agarwal, has purchased three luxury apartments worth over ₹72 crore in Raheja Modern Vivarea, according to property registration documents accessed by Zapkey.com
Global pharma firm Althera’s CEO has purchased three luxury apartments worth over ₹72 crore in Raheja Modern Vivarea, according to property registration documents. (Picture for representational purposes only) (Pixabay)
Documents show that the three apartments were purchased in South Mumbai's Raheja Modern Vivarea, a project by K Raheja Corp.
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The first apartment, which measures 2,891 sq ft and has a 217 sq ft balcony, was purchased for ₹26.42 crore on February 17, 2025.
Documents show that the second apartment, measuring 2,364 sq ft, was purchased for ₹20.09 crore on February 17, 2025. The third apartment, measuring 2,873 sq ft, along with a balcony of 217 sq ft, was purchased for ₹26.14 crore on May 22, 2024.
The documents show that all three apartments measuring over 8,100 sq ft RERA carpet were purchased in two phases for ₹72.65 crore.
In the last three years, several high-net-worth individuals have purchased luxury apartments in South Mumbai and in Raheja Modern Vivarea.
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In September 2024, brokerage firm Nirmal Bang Securities’ promoter Kishore Bang and his wife Suman Bang purchased two apartments in the same building for ₹45.69 crore, according to property registration documents accessed by Zapkey.
In 2023, promoters of Creative Plastics Group purchased eight luxury apartments in a K Raheja Corp Homes project in Mahalaxmi for a sum of ₹154.6 crore.
Mehul R Thakkar is a Mumbai-based journalist who closely tracks the city’s ever-evolving real estate landscape. He believes that Mumbai presents a unique reality that, while Mumbaikars deeply aspire to own a home in the city of dreams, many spend little actual time living in it due to long commutes and demanding work lives. With over 11 years of experience in journalism, I have reported across a wide spectrum of beats, including real estate, housing, infrastructure, aviation, and education. I have also extensively covered the workings of India’s wealthiest civic body, the Brihanmumbai Municipal Corporation (BMC), providing insight into the policy, governance, and urban planning decisions that directly influence Mumbai’s growth. Before joining Hindustan Times, I worked in fast-paced digital and print newsrooms, including Moneycontrol.com and Deccan Chronicle, as well as national dailies such as The Asian Age and DNA. Outside the newsroom, I am an avid weather tracker, a fan of spy thrillers in both books and films, and a keen follower of international affairs.
Stay updated with the latest Real Estate News, property prices, housing trends and major projects. Explore market updates, investment insights and property developments across India.
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