{"id":1345316,"date":"2024-11-09T13:47:00","date_gmt":"2024-11-09T13:47:00","guid":{"rendered":"https:\/\/www.businesstelegraph.co.uk\/360-one-co-founder-yatin-shah-buys-sea-view-luxury-penthouse-in-worli-for-rs-158-5-cr\/"},"modified":"2024-11-09T13:47:00","modified_gmt":"2024-11-09T13:47:00","slug":"360-one-co-founder-yatin-shah-buys-sea-view-luxury-penthouse-in-worli-for-rs-158-5-cr","status":"publish","type":"post","link":"https:\/\/www.businesstelegraph.co.uk\/360-one-co-founder-yatin-shah-buys-sea-view-luxury-penthouse-in-worli-for-rs-158-5-cr\/","title":{"rendered":"360 ONE co-founder Yatin Shah buys sea-view luxury penthouse in Worli for Rs 158.5 cr"},"content":{"rendered":"<p> <script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<!-- newscabal uk text -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:inline-block;width:728px;height:90px\"\r\n     data-ad-client=\"ca-pub-8162386273903324\"\r\n     data-ad-slot=\"3688094655\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/www.businesstelegraph.co.uk\/wp-content\/uploads\/2024\/11\/360-ONE-co-founder-Yatin-Shah-buys-sea-view-luxury-penthouse-in.cms.png\" \/><\/p>\n<div data-brcount=\"21\">Yatin Shah, co -founder of financial services firm 360 One, has acquired a sea-view penthouse in one of the super-luxury residential towers on Dr. Annie Besant Road in Mumbai\u2019s plush Worli locality for over Rs 158.51 crores.<!--\/article_liveblog.cms?msid=105115637&pos=toppotime:1-->The buyer, along with his wife, has acquired the luxury duplex apartment spread over 10,312 sq ft on the top two floors of the residential tower from a development company Prime Realty LLP that counts politician and industrialist Praful Patel and his family members as its directors.<\/p>\n<p>The deal is valued at nearly Rs 1.54 lakh per sq ft pushing it higher in the tally of most expensive deals on per sq ft basis anywhere in the country.<\/p>\n<p>The buyer has paid over Rs 9.51 crore in stamp duty charges alone for the <a data-ga-onclick=\"Inarticle articleshow link click#Industry#href\" target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/definition\/registration\" rel=\"noopener\">registration<\/a> of the deal that took place on October 30, while the <a data-ga-onclick=\"Inarticle articleshow link click#Industry#href\" target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/definition\/transaction\" rel=\"noopener\">transaction<\/a> was finalized on October 28, showed the documents accessed through Zapkey.com.<\/p>\n<p>The <a data-ga-onclick=\"Inarticle articleshow link click#Industry#href\" target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/definition\/property\" rel=\"noopener\">property<\/a> encompasses the entire 29th and 30th levels, effectively taking up two habitable floors in the tower. The 29th level, with 5,513 sq ft of space, includes living areas, while the 30th level, with 4,799 sq ft, leads to a private terrace spread over 7,355 sq ft.<\/p>\n<p><!--\/include_growfast.cms?pagename=article&skipcss=1potime:2--><br \/>ET\u2019s email queries to Shah\u2019s team and the project\u2019s developer remained unanswered until the time of going to press.Shah is also CEO of the wealth business of 360 ONE. 360 ONE WAM, founded by Karan Bhagat and Shah is listed on the stock exchanges and is one of India\u2019s largest wealth and asset firms. 360 ONE is the investment and financial advisor to over 7,500 relevant families in the High <a data-ga-onclick=\"Inarticle articleshow link click#Industry#href\" target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/definition\/net-worth\" rel=\"noopener\">Net Worth<\/a> Individuals (HNI) and Ultra HNI segments, with aggregate assets of more than $68 billion under management.<\/p>\n<p>Sales of residential properties across the top eight cities scaled an all-time high in 2023 and continues to perform well so far this year owing to robust <a data-ga-onclick=\"Inarticle articleshow link click#Industry#href\" target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/definition\/demand\" rel=\"noopener\">demand<\/a> across mid-income, premium and luxury segments.<\/p>\n<p>Mumbai has been leading the pack as the country\u2019s biggest and most expensive property market as it continued the record-setting spree in terms of property deals.<\/p>\n<p>South and Central Mumbai, home to India\u2019s most expensive apartments, have been playing a key role in driving this performance. The micro <a data-ga-onclick=\"Inarticle articleshow link click#Industry#href\" target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/definition\/markets\" rel=\"noopener\">markets<\/a> witnessed many large-ticket transactions involving industrialists, top corporate executives, actors, and sports personalities in the last few years.<br \/><!--\/article_liveblog.cms?msid=105115637&pos=botpotime:6--><\/p>\n<div><strong>Nominations for ET MSME Awards are now open. The last day to apply is November 30, 2024. <a href=\"https:\/\/timeslearn.indiatimes.com\/et_msmeawards?ag=textinsertonetsections\" target=\"_blank\" rel=\"noopener\">Click here to submit<\/a> your entry for any one or more of the 22 categories and stand a chance to win a prestigious award.<\/strong><\/div>\n<\/div>\n<p><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block; text-align:center;\"\r\n     data-ad-layout=\"in-article\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-client=\"ca-pub-8162386273903324\"\r\n     data-ad-slot=\"7859258044\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><a href=\"https:\/\/economictimes.indiatimes.com\/industry\/services\/property-\/-cstruction\/360-one-co-founder-yatin-shah-buys-sea-view-luxury-penthouse-in-worli-for-rs-158-5-cr\/articleshow\/115117650.cms\">READ SOURCE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yatin Shah, co -founder of financial services firm 360 One, has acquired a sea-view penthouse in one of the super-luxury residential towers on Dr. Annie Besant Road in Mumbai\u2019s plush Worli locality for over Rs 158.51 crores.The buyer, along with his wife, has acquired the luxury duplex apartment spread over 10,312 sq ft on the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1345317,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_oct_exclude_from_cache":false,"footnotes":""},"categories":[22],"tags":[],"class_list":["post-1345316","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - 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