Zydus Family Trust Secures Luxury Mumbai Apartment for ₹200 Crore

Zydus Family Trust purchased a luxury apartment in Mumbai's Oberoi Realty project for ₹200 crore. Covering 17,384 sq ft, the apartment is part of the 'Oberoi 360 West'. The demand for luxury homes has risen post-Covid. Zydus Family Trust promotes Zydus Lifesciences and Zydus Wellness.

Zydus Family Trust has made a significant investment in Mumbai's real estate market, acquiring a luxury apartment for ₹200 crore in the Oberoi Realty's prestigious 'Oberoi 360 West' project located in Worli. According to IndexTap.com, the flat spans 17,384 square feet with a rate of ₹1.15 lakh per square foot.

Oberoi Realty, a major player in the Indian real estate industry, facilitated the sale documented on March 27 through registration records. This acquisition signals a growing trend in the increased demand for luxury residential spaces, a market segment that has witnessed substantial growth following the Covid-19 pandemic.

The Zydus Family Trust, known for its role in promoting pharma and health ventures like Zydus Lifesciences and Zydus Wellness, is managed by notable figures including Chairman Pankaj R Patel, Pritiben P Patel, and Sharvil P Patel.

(With inputs from agencies.)