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Cornell Indian American Researcher Saurabh Mehta Awarded Endowed Professorship

Cornell Indian American Researcher Saurabh Mehta Awarded Endowed Professorship
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Radhakishan Damani's new Rs 1,001 crore Mumbai house: Everything you want to know


Radhakishan Damani, since the unreal surge of DMart’s share prices during the initial Coronavirus-imposed lockdown, has been at the centre of financial news. Moving up the list of richest Indian billionaires and even dethroning them briefly to take the top spot, Damani has witnessed an exponential growth over the past few years. This growth also meant that Damani was also listed as the 8th richest Indian billionaire on the Hurun India Rich List 2021, with a net worth of Rs 1 lakh crore ($14.5 billion). According to Financial Express, Avenue Supermarts, the mother company of DMart, reported a massive 16.2 percent year-on-year unaudited net profit jump to Rs 446.95 crore for the third quarter of FY 20-21. The total consolidated income for the company also saw a rise of 11.3 percent from Rs 6,815 crore to Rs 7,587.32 crore. ....

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D'Mart founder picks up Malabar Hill property for Rs 1,001 cr


D Mart founder picks up Malabar Hill property for Rs 1,001 cr
​ By
IANS
|
Published on
​ Sat, Apr 3 2021 20:03 IST
|
​ 8 Views
 
D Mart founder picks up Malabar Hill property for Rs 1,001 cr. Image Source: IANS News
Mumbai, April 3 : Investor and founder of D Mart retail chain, Radhakrishna Damani, and his brother, Gopikishna Damani, have bought a two-storey building in south Mumbai for a whopping Rs 1,001 crore.
According to the Loksatta website, the deal has been finalised for the property measuring 5752.22 sq mt (61,916 sq ft).
The current market price for the property as per the ready-reckoner is around Rs 724 crore and it has been sold by the current owners, Saurabh Mehta, Varsha Mehta and Jayesh Shah. ....

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DMart owner Radhakishan Damani buys Rs 1,001 crore property in Mumbai


DMart owner Radhakishan Damani buys Rs 1,001 crore property in Mumbai
As per the existing ready reckoner rates applicable in Maharashtra, the value of the property is Rs 723.98 crore. The Damani brothers paid Rs 30 crore as stamp duty for the two-storey house
BusinessToday.In | April 3, 2021 | Updated 20:37 IST
Radhakishan Damani
Radhakishan Damani, the promoter of DMart, and his brother Gopikishan Damani closed one of the biggest property deals seen in India during recent times where they paid Rs 1,001 crore for an independent house in Mumbai s posh Malabar Hills neighbourhood.
The house has an area of 5,752.22 square metres or 61,916 square feet. This amounts to a rate of Rs 1,61,670 per square feet, making it one of the most expensive real estate deals in recent years. ....

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