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Tycoon Buys Mumbai Tower for $74 Million in Record Home Deal
Source: Bloomberg
Housing & Real EstateCompany Fundamentals
The founder of a major Indian retail brokerage bought a luxury residential tower in Mumbai for 7.11 billion rupees ($74.3 million), the highest known price paid for a single home in India. The transaction underscores continued demand for ultra-luxury Mumbai real estate but is unlikely to have material broader market implications.
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