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Business Standard
23-07-2025
- Business
- Business Standard
Manipal Group's Shruti Pai buys ₹64 cr duplex in Bengaluru's Jayamahal Ext
Shruti R Pai, wife of Manipal Education & Medical Group Chairman Ranjan Pai, has purchased a luxury duplex at Savyasachi Sarayu in Bengaluru's Jayamahal Extension for ₹64 crore—about ₹64,457 per sq ft of carpet area—according to property registry data via Zapkey. Spanning the 13th and 14th floors, the 12,800 sq ft super-built-up (9,929 sq ft carpet) apartment includes four covered parking spaces and a dedicated lumber room. It signals a growing preference among ultra-high-net-worth buyers for premium apartment living over standalone bungalows. The deal was registered on June 11, 2025, and the seller is listed as Parag S Maniar of Savyasachi Projects, represented by H Vijayanath Hegde, the documents showed. Jayamahal Extension—a heritage enclave near Bangalore Palace and the central business district—has experienced limited but steep luxury activity. This ₹64 crore transaction sets a new pricing benchmark and underscores strong HNI demand for amenity-rich, gated communities. Industry sources point to a broader uptick in Bengaluru's ultra-luxury transactions. Recent high-value deals include a ₹54 crore penthouse in central Bengaluru and a ₹67.5 crore bungalow in Koramangala. Earlier this year, Nithin Kamath, co-founder of Zerodha, reportedly picked up a sprawling bungalow in the Koramangala 3rd Block area for over Rs 70 crore, while Binny Bansal, Flipkart's co-founder, invested in a high-value residential plot in residential plot in Sadashivanagar for over Rs 55 crore. In 2024, Ajit Isaac, chairman and managing director of Bengaluru-based Quess Corp, bought a 10,000 sq ft property worth ₹67.5 crore in the Koramangala area. In May, Paresh Raja, CEO of UK-based Market Financial Solutions, bought a luxury penthouse in MAIA Estates's upscale 27 Summit project for ₹54.38 crore, as per documents accessed by Zapkey.
Mint
22-07-2025
- Business
- Mint
Shruti Pai buys ₹64 crore luxury duplex in Bengaluru's Jayamahal Extension
Bengaluru: Shruti Pai, founder and director of Sagework Design, has bought a luxury duplex for ₹ 64 crore in a boutique condominium complex in Bengaluru in one of the most expensive residential deals in the city. The 12,800 square foot apartment is spread across two floors in a project named Savyasachi Sarayu in the Jayamahal Extension area. The property was sold at ₹ 64,457 per sq. ft on the carpet area, as per documents accessed by real estate platform Zapkey. The sale deed was signed in June. Before Sagework, Shruti Pai was creative director at Manipal Education & Health Group. She is married to Dr. Ranjan Pai, chairman of the Manipal Education and Medical Group. Mumbai, India's most valuable property market, and Gurugram have topped the charts for a record number of luxury deals so far, including many ₹ 100 crore transactions. However, Bengaluru, which has always been a more affordable city for housing, is catching up. 'This deal reflects a growing trend in Bengaluru's high-value property market. Previously, the ₹ 50 crore-plus segment was dominated by bungalows, but we are now observing a clear rise in luxury apartment transactions at this level. This segment will likely expand as more developers cater to the demand for premium, amenity-rich gated living,' said Sandeep Reddy, co-founder of Zapkey. Shruti Pai could not be reached immediately for comment. Dr Ranjan Pai didn't respond to Mint's queries. The sale of homes in the ₹ 40-60 crore category in Bengaluru has picked up in recent months, driven by non-resident Indians, family offices and wealthy locals looking for modern homes. Last year, Bengaluru-based Quess Corp chairman and managing director Ajit Isaac bought a 10,000 sq. ft property worth ₹ 67.5 crore in the prime Koramangala area, making it the most expensive residential transaction in the city. For the first time, Bengaluru's ₹ 10 crore and above luxury market crossed the ₹ 1,000 crore mark in annual sales in 2024-25, marking a new benchmark for the city's premium housing sector, according to an April report by India Sotheby's International Realty and CRE Matrix. The report highlighted strong interest in apartment sizes from 5,000 to 7,000 sq. ft, reflecting the growing appetite for spacious, high-end living.
Pink Villa
11-07-2025
- Business
- Pink Villa
Shark Tank India's Deepinder Goyal buys apartment worth Rs 50.3 crore, per square foot costs more than Rs 48,000
Shark Tank India judge Deepinder Goyal is one of the reputed entrepreneurs. Although he is one of the bankable and renowned entrepreneurs in the business world, it was his appearance on Shark Tank India after which his personal life also gained more limelight. Currently, he is all over the news for his recent expensive purchase, which is worth over Rs 50 crores. Yes, Deepinder has reportedly purchased an ultra-luxury apartment in Gurugram. Deepinder Goyal purchases an apartment worth over Rs 50 crores According to the documents accessed by Zapkey, Deepinder Goyal purchased an apartment worth Rs 52.3 crores in Gurugram. From buying an Aston Martin to several high-end flats and more, Deepinder possesses a number of luxurious properties and cars. As per Times of India report, Deepinder Goyal, who is a co-founder and CEO of Zomato, has purchased a sprawling 10,813 square foot apartment located in India's ultra-wealthy DLF Camellias in Gurgaon. It is reportedly the premium residential communities in the country. Goyal's apartment is reportedly located at the 5th floor of Tower 1 in the Camellias and is valued at Rs 52.3 crores. This includes five dedicated parking spaces. The stamp duty of Rs 3.66 crores was paid, according to Hindustan Times. The cost of each square foot is Rs 48,390, and it stands out as one of the most expensive transactions in India's real estate scene. While the conveyance deed was officially registered on March 17, 2025, the buyer's agreement dates back to April 2022. As per reports, this is not Goyal's first purchase. He owns a luxurious property in the Delhi NCR region. Last year in February, the Shark Tank India fame also purchased a plot in Delhi's Mehruali area worth Rs 50 crores. Speaking about Shark Tank India, the business reality show's fifth season has been announced. The premiere date and time is yet to be announced. Disclaimer: All amounts mentioned in the article are sourced from Hindustan Times and Times of India. In some cases, celebrities or their teams give their inputs too, which we incorporate if provided by them. We take all efforts to share possible accurate numbers, however unless otherwise mentioned, they are all approximates. We are open to feedback and suggestions on editorial@
Time of India
11-07-2025
- Business
- Time of India
Zomato founder buys apartment for ₹52.3 crore in DLF Camellias project in Gurugram
NEW DELHI: Zomato founder Deepinder Goyal has bought a nearly 11,000 sq ft apartment in DLF's ultra luxury project in Gurugram for Rs 52.3 crore, according to Zapkey. Goyal, who co-founded food delivery platform Zomato, bought this apartment in ' DLF Camellias ' project from DLF Ltd in August 2022. The registration of this property has been done in March this year, as per the Zapkey, which has seen and reviewed the registration document. Goyal bought an apartment, having 10,813 square feet super built up area, in 'DLF Camellias' project on Golf Course Road, DLF phase-5 for Rs 52.3 crore, Zapkey said. According to market experts, the value of this property is now between Rs 125 crore and Rs 150 crore. In Gurugram, housing prices have surged significantly in the last three years. Many industrialists and top executives have bought apartments in the DLF Camellias project. After the success of DLF Camellias project, DLF Ltd has launched another ultra luxury project 'The Dahlias' at same location. The company is expecting a revenue of around Rs 35,000 crore from this new project. Zapkey is a data analytic firm.
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Business Standard
10-07-2025
- Business
- Business Standard
Zomato founder buys apartment for ₹52.3 cr in DLF Camellias in Gurugram
Zomato founder Deepinder Goyal has bought a nearly 11,000 sq ft apartment in DLF's ultra luxury project in Gurugram for ₹52.3 crore, according to Zapkey. Goyal, who co-founded food delivery platform Zomato, bought this apartment in 'DLF Camellias' project from DLF Ltd in August 2022. The registration of this property has been done in March this year, as per the Zapkey, which has seen and reviewed the registration document. Goyal bought an apartment, having 10,813 square feet super built up area, in 'DLF Camellias' project on Golf Course Road, DLF phase-5 for ₹52.3 crore, Zapkey said. According to market experts, the value of this property is now between ₹125 crore and ₹150 crore. In Gurugram, housing prices have surged significantly in the last three years. Many industrialists and top executives have bought apartments in the DLF Camellias project. After the success of DLF Camellias project, DLF Ltd has launched another ultra luxury project 'The Dahlias' at same location. The company is expecting a revenue of around ₹35,000 crore from this new project. Zapkey is a data analytic firm. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
