The apartment is located in an almost 50-year-old building on Walkeshwar Road. It is spread across an area of 1666 sq ft (carpet area) and comes with one car parking space.
Late Billionaire Rakesh Jhunjhunwala’s wife Rekha Jhunjhunwala bought almost all the flats in a building in south Mumbai, Walkeshwar Road on , Malabar Hill to get a clear view of the Arabian Sea from her home, stated reports.
Rekha Jhunjhunwala’s residence is behind the sea-facing Rockside Society, and it is up for redevelopment. The apartment that Rekha Jhunjhunwala bought is spread across an area of 1666 sq ft, according to the reports.
The apartment is located in an almost 50-year-old building on Walkeshwar Road. It is spread across an area of 1666 sq ft (carpet area) and comes with one car parking space. The buyer has paid stamp duty of ₹58.81 lakh. The Deed of Transfer was registered on March 15, 2024.
Why Rekha Jhunjhunwala Bought An Apartment?
Rekha’s RARE Villa residence is just behind sea-facing Rockside CHS, which was up for redevelopment, Moneycontrol reported. Rockside and six more buildings on Walkeshwar Road are up for renovation.
Last year, Rekha Jhunjhunwala, had purchased five commercial office spaces collectively spread across 1.94 lakh sq ft in Bandra Kurla Complex (BKC) and Chandivali in Andheri West for a sum of ₹739 crore.
Jhunjhunwala Earlier Purchases
Last year also, Rekha Jhunjhunwala, had purchased five commercial office spaces spread across 1.94 lakh sq ft in Bandra Kurla Complex (BKC) and Chandivali in Andheri West for a sum of ₹739 crore, reported Hindustan Times.
Kinnteisto LLP, is the company where Jhunjhunwala is a partner, had already purchased two offices of around 26,422 sq ft and 30,172 sq ft on the 14th floor of The Capital in BKC for ₹123.99 crore and ₹145.33 crore respectively in October 2023, stated reports.
Rekha Jhunjhunwala New Apartment
According to the reports Rekha Jhunjhunwala acquired each and every flat of the old building to remove any obstruction to the view of the sea from her home. The report claims, registration documents showed that Rekha Jhunjhunwala bought nine apartments for Rs 118 crore since November last year from different dealers. According to the Business Today report, her family has actually purchased 19 of the 24 apartments in the building.
Rekha Jhunjhunwala Portfolio & Net Worth
Rekha Jhunjhunwala, wife of late stock investor Rakesh Jhunjhunwala, is the biggest individual investor in India. Rekha Jhunjhunwala’s net worth of over Rs 39,333.2 crore as of December end, where she held 25 stocks as compared to 29 stocks, according to the most recent corporate shareholdings filed, reported ET reported quoting Trendlyne.
Rekha Jhunjhunwala Investment
Rekha’s portfolio has top 5 bets including Tata Group stocks like Titan Company and Tata Motors, Concord Biotech, their promoted entity Star Health and Allied Insurance Company; and Metro Brands, it cumulatively constitute about Rs 35,000 crore or more than two-third of the portfolio.