Meet man who bought sea-view luxury apartment in Mumbai worth Rs 1060000000, he is married to...

Jagdish Naresh Master, a prominent stock market investor and director of Deep Financial Consultants, has made headlines with his recent purchase of a luxury sea-view apartment in Mumbai’s elite Worli area. The property, located in the prestigious Oberoi Three Sixty West tower on Dr. Annie Besant Road, is valued at over Rs 106 crore. Known for its stunning architecture and panoramic views of the Arabian Sea, the tower is among the most sought-after addresses in the city.

Spanning approximately 7,139 square feet, Jagdish’s apartment is situated on the 60th floor, which is technically the 44th habitable floor of the building. The price for this property translates to nearly Rs 1.50 lakh per square foot, making it one of the most expensive residential transactions in India.

Adding to the excitement, Jagdish’s wife, Urjita Jagdish Master, also a stock market investor and director at Deep Financial Consultants, has purchased another apartment on the 59th floor of the same tower. She paid Rs 105 crore for her unit, further cementing the couple’s investment in high-end real estate. Together, their combined investment in the tower exceeds Rs 211 crore.

According to property registration data from Zapkey.com, these transactions occurred within three years of the apartments’ last registrations. As per the rules, the buyers had to pay a differential stamp duty of Rs 2.86 crore, highlighting the high costs associated with such premium real estate deals.

The Oberoi Three Sixty West Tower is renowned for its luxurious amenities, including state-of-the-art facilities and breathtaking views. It has become a hotspot for ultra-high-net-worth individuals seeking upscale residences in Mumbai.

This record-breaking purchase underscores Mumbai’s status as a hub for premium property investments. It reflects the ongoing demand for luxury apartments in prime locations like Worli, known for their exclusivity and appeal among India’s wealthiest.