Economy · India
Pharma Company Buys Mumbai Duplex for ₹236 Crore
Pharmaceutical company Gufic has purchased a duplex apartment in Juhu, Mumbai, for ₹236 crore. This transaction is part of a trend of high-value deals occurring at Lodha Developers' luxury project, Lodha Avalon, which has drawn interest from pharmaceutical promoters and business executives. Separately, Lodha Developers reported a 10% increase in pre-sales for the second quarter, reaching ₹5,037 crore, attributed to improved demand for homes.
How outlets across the spectrum covered it
L 0 C 2 R 0
- Centre (2): Mint, The Hindu BusinessLine