This Indian businessman purchased a luxurious sea-facing apartment in South Mumbai for Rs 123 Crore that spans 15,735 square feet, and which has made him Shahid Kapoor’s neighbour. Find out who he is

Apart from the purchase price of Rs 123.3 crore, Sheth also paid stamp duty of Rs 7.39 crore to complete it. real estate According to the deal on 15 September 2024 Hindustan TimesThe report also suggests that the real estate transaction gave the Sheths exclusive access to seven parking spaces.

Who is Utpal Sheth?

Utpal Sheth, who earned a bachelor’s degree in commerce from Sydenham College of Commerce and Economics, worked with the late investor and stock trader. Rakesh Jhunjhunwala For more than two decades. Under his mentorship, Sheth enhanced his knowledge of economics, finance and accounting and managed some high-profile portfolios at Rare Enterprises.

Everything you need to know about the project

Three Sixty West is a premium housing projectWhich consists of two high-rise buildings built by Oberoi Realty. While the first tower consists of premium residential apartments (4 BHK, 5 BHK, duplexes and penthouses), the second houses the Ritz-Carlton hotel.

Other famous names who own homes in luxurious projects

Before Utpal Sheth and his family, several other famous personalities and businessmen had invested in Oberoi Realty’s Three Sixty West, including the billionaire, founder and CEO of Avenue Supermarts (DMart). Radhakishan DamaniWelspun Group Chairman BK Goenka, Kiran James Managing Director Mavjibhai Patel, and many others.

actor shahid kapoorThe resident of a duplex located on the 42nd and 43rd floors of the premium residential tower had earlier this year bought another property located on the 24th floor in Oberoi Realty’s Three Sixty West for Rs 59 crore. The Economic Times,