J.P. Taparia, man who owns India’s most expensive apartment, the property costs Rs…, located in…

J.P. Taparia, founder of Femcare and a major player in the copper-T manufacturing industry. He also owns a notable property in Mumbai’s Bandra-Kurla Complex.

New Delhi: When discussing the most expensive homes in India, the first name that inevitably comes to mind is Mukesh Ambani’s Antilia. Also known as the Ambani Tower, the property spreads over 400,000 square feet and has 27 floors. Built from 2006 to 2010 at a cost of nearly USD 2 billion, it was valued at USD 4.6 billion in 2023. Antilla is one of the most expensive houses or residences in India. But do you know who owns India’s most expensive flat? A newly acquired apartment on Malabar Hill, Mumbai, has broken records as the country’s priciest property, valued at an astounding Rs 369 crore.

This amount is enough to buy 30 Rolls-Royce Phantoms, India’s costliest car, priced between Rs 9.5 to Rs 12.4 crore. Located in Mumbai’s one the most prestigious locations, the Malabar Hills, this flat is one the most luxurious properties in India.

According to The Economic Times report, the apartment is on the 26th, 27th, and 28th floors of the Lodha Malabar Super Luxury Residential Tower.

This super-luxurious apartment was not purchased by renowned tycoons such as Mukesh Ambani, Gautam Adani, or Ratan Tata. Instead, it was acquired by J.P. Taparia, a leading industrialist.

All You Need To Know About This Property:

• Lodha Malabar Super Luxury Residential Tower is located in Mumbai’s Malabar Hills
• The apartment occupies the 26th, 27th, and 28th floors of the Tower
• This super-luxurious apartment is acquired by J.P. Taparia, a leading industrialist.
• The triplex apartment spans 1.08 acres and boasts a carpet area of 27,160 square feet.
• The apartment is designed by Hafeez Contractor
• Decorated by Studio HBA, the flat offers breathtaking views of the Arabian Sea from its drawing room and bedrooms.
• The Taparia family paid an impressive Rs 19.07 crore in stamp duty for this luxury flat. This significant amount highlights the scale of their investment in this opulent residence.

Who Is J.P. Taparia

J.P. Taparia, founder of Femcare and a major player in the copper-T manufacturing industry. He also owns a notable property in Mumbai’s Bandra-Kurla Complex. In 2016, he purchased an 11,000 square feet duplex for Rs 60 crore.