Informist, Monday, Oct 17, 2022
By Janaki Krishnan
MUMBAI – Manoj Harivanjan Modi, a close aide of Reliance Industries' Chairman Mukesh Ambani, has sold two apartments in Mumbai for a total value of 415 mln rupees, registration documents showed.
The flats, spread over an area 2,597 sq ft each, are in K Raheja Corp's 'Vivarea', a 44-storey building with five towers in Mahalakshmi, which has apartments with three and four bedrooms. The building overlooks the Mahalakshmi Racecourse and the Arabian Sea.
The project is located near Jacob Circle, where the average property rate is at around 42,586 rupees per sq ft according to Housing.com, with the price of flats ranging from 12,000 to nearly 60,000 rupees per sq ft.
Manoj Modi, who is a director with Reliance Retail and Reliance Jio, is known to be Ambani's right hand. According to reports, he has been involved in training the Ambani scions Isha, Akash and Anant, who are now in leadership roles within the group.
According to documents accessed by Informist from data analytics platform Indextap.com, one of the flats was sold to Vikram Arun Chogle, the managing director of private equity firm Warburg Pincus in India.
End
Edited by Vidhi Verma
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.
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Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2022. All rights reserved.
Informist, Monday, Oct 17, 2022
By Janaki Krishnan
MUMBAI – Manoj Harivanjan Modi, a close aide of Reliance Industries' Chairman Mukesh Ambani, has sold two apartments in Mumbai for a total value of 415 mln rupees, registration documents showed.
The flats, spread over an area 2,597 sq ft each, are in K Raheja Corp's 'Vivarea', a 44-storey building with five towers in Mahalakshmi, which has apartments with three and four bedrooms. The building overlooks the Mahalakshmi Racecourse and the Arabian Sea.
The project is located near Jacob Circle, where the average property rate is at around 42,586 rupees per sq ft according to Housing.com, with the price of flats ranging from 12,000 to nearly 60,000 rupees per sq ft.
Manoj Modi, who is a director with Reliance Retail and Reliance Jio, is known to be Ambani's right hand. According to reports, he has been involved in training the Ambani scions Isha, Akash and Anant, who are now in leadership roles within the group.
According to documents accessed by Informist from data analytics platform Indextap.com, one of the flats was sold to Vikram Arun Chogle, the managing director of private equity firm Warburg Pincus in India.
End
Edited by Vidhi Verma
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.
Informist Media Tel +91 (11) 4220-1000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2022. All rights reserved.
Informist, Monday, Oct 17, 2022
By Janaki Krishnan
MUMBAI – Manoj Harivanjan Modi, a close aide of Reliance Industries' Chairman Mukesh Ambani, has sold two apartments in Mumbai for a total value of 415 mln rupees, registration documents showed.
The flats, spread over an area 2,597 sq ft each, are in K Raheja Corp's 'Vivarea', a 44-storey building with five towers in Mahalakshmi, which has apartments with three and four bedrooms. The building overlooks the Mahalakshmi Racecourse and the Arabian Sea.
The project is located near Jacob Circle, where the average property rate is at around 42,586 rupees per sq ft according to Housing.com, with the price of flats ranging from 12,000 to nearly 60,000 rupees per sq ft.
Manoj Modi, who is a director with Reliance Retail and Reliance Jio, is known to be Ambani's right hand. According to reports, he has been involved in training the Ambani scions Isha, Akash and Anant, who are now in leadership roles within the group.
According to documents accessed by Informist from data analytics platform Indextap.com, one of the flats was sold to Vikram Arun Chogle, the managing director of private equity firm Warburg Pincus in India.
End
Edited by Vidhi Verma
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.
Informist Media Tel +91 (11) 4220-1000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2022. All rights reserved.
