PAGES: 16+16 (TGS LIFE) | PRICE: `5
PUNE, MAY 14, 2016 | www.thegoldensparrow.com
Ranbir’s new flat costs Rs 1.42 lakh per sqft!
How can we waste food when so many go hungry?
Highest rate paid so far for a Mumbai residence, 10x what previous owner paid
BY YOGESH SADHWANI @yogeshsadhwani The 34-year-old Ranbir Kapoor has paid the highest per square foot rate for an apartment in Mumbai. He recently bought an apartment on the seventh floor of a building in Pali Hill, Bandra and shelled out Rs 1,42,184 per square foot, making it the highest rate ever paid in the maximum city. Ranbir Kapoor concluded the deal on April 27 and paid a whopping Rs 35 crore for the 2,469.60 sq feet apartment in Vastu Pali Hill building. Mumbai has witnessed several high-end deals but all of them have been in South Mumbai. The highest so far has been in Darshan Apartment in Malabar Hill. The triplex flat got sold for Rs 57 crore and cost the new owners Rs 1.35 lakh per
sq ft in the year 2013. Ranbir beat all the previous deals in South Mumbai as well as the suburbs with his latest acquisition. Interestingly, Vastu Pali Hill is not a high-end building that offers several amenities. The 12-storey building with two basements for parking has in all 21 flats. The flat comes with two parking lots, one in the basement and one in the open. The building does not have the who’s who of the city living in it. Interestingly, the flat acquired by Ranbir is valued at a mere Rs 11.31 crore as per the Ready Reckoner rate. The actor, who has given several hits in his career spanning nine years, has acquired the four-bedroom flat from Khyati Valia, who is on the board of directors of several real estate and financial services companies. According to the papers available with TGS, the actor paid the fi rst instalment of Rs five crore for the flat on March 2. He paid the next instalment of Rs ten crore on April 20, and a week later concluded the deal by paying the remaining Rs 20 crore. On the same day, he registered the deal with Department of Registration and Stamps. Over and above the Rs 35 crore tag for the flat, the actor shelled out Rs 1,75,30,000 for stamp duty and registration. Continued on p2
In India, around 194 million people starved in 2014-15 as per a UN report. The number is on the rise. In a bid to turn things around, several corporate houses in Pune are now stressing on the need to minimise food wastage and have come up with innovative methods. Then, there are those who are taking from the rich and feeding the poor See p08-09