Damani firm leases Worli luxury apartment for ₹28.5 lakh a month
In short
Radhakishan Damani’s firm has leased a 6,831-square-foot apartment in Mumbai’s Worli for ₹28.5 lakh a month. It also paid a ₹1.71 crore deposit.
This matters because it shows activity in Mumbai’s luxury property market. The reporting does not say how long the lease is or what the apartment will be used for.
What the reporting says
Radhakishan Damani’s firm leased a 6,831-square-foot apartment on the 19th floor of Tower B at Three Sixty West in Mumbai’s Worli for ₹28.5 lakh a month and paid a ₹1.71 crore deposit, according to Mint’s summary. The property is on Dr Annie Besant Road. The reporting does not say the lease term, the tenant’s intended use or when the agreement starts.
Why it matters
Radhakishan Damani’s firm leased a 6,831-square-foot apartment on the 19th floor of Tower B at Three Sixty West in Mumbai’s Worli for ₹28.5 lakh a month and paid a ₹1.71 crore deposit. The deal highlights demand in Mumbai’s luxury residential market. The reporting does not state the lease term, start date or intended use of the apartment.