Ace investor Rekha Jhunjhunwala has purchased a luxury apartment in south Mumbai’s plush Walkeshwar Road on Malabar Hill for over Rs 11.76 crore.
The apartment is spread over 1,666 sq ft carpet area on the third floor of residential tower Rockside Apartments. As part of the agreement, she will also get exclusive access to a car parking slot in this nearly 50-year-old building.
The buyer has paid Rs 58.81 lakh as stamp duty for the registration of the transaction that took place on March 15, showed the documents accessed through IndexTap.com.
ET’s phone calls and text messages to Rekha Jhunjhunwala remained unanswered until the publication of this report.
In November, ET had reported that Rekha Jhunjhunwala-backed Kinnteisto LLP had acquired about Rs 740 crore worth of prime office space in commercial towers in Mumbai’s business district Bandra-Kurla Complex (BKC) and Andheri.
Rekha Jhunjhunwala is the wife of late billionaire stockholder Rakesh Jhunjhunwala, who had earned the sobriquet of India’s Warren Buffett through his four-decade investing career in Mumbai.
Rekha herself is also known as one of the leading investors in Indian stock markets. She is counted among top Indian business personalities and wealthy entrepreneurs.
As per the latest corporate shareholdings filed, she publicly held 25 stocks with a net worth of over Rs 39,333.2 crore as on December end as against 29 stocks with a net worth of over Rs. 26,764.5 crore in December 2022, showed data from Trendlyne.
Her portfolio holdings are followed by investors across the country just like Rakesh Jhunjhunwala’s stock picking, backed by fundamental research, was tracked by many retail and institutional investors. Rakesh Jhunjhunwala, regarded as the Big Bull of the Indian stock markets, passed away in August 2022.
