{"id":1458,"date":"2025-08-11T17:01:13","date_gmt":"2025-08-11T11:31:13","guid":{"rendered":"https:\/\/simplease.in\/blog\/?p=1458"},"modified":"2025-09-09T11:27:15","modified_gmt":"2025-09-09T05:57:15","slug":"akhil-wables-%e2%82%b9113-cr-buy-to-shruti-pais-duplex-much-more","status":"publish","type":"post","link":"https:\/\/simplease.in\/blog\/?p=1458","title":{"rendered":"Akhil Wable\u2019s \u20b9113 cr buy to Shruti Pai\u2019s duplex &#038; much more"},"content":{"rendered":"<div>\n<div>\n<article class=\"text-token-text-primary w-full focus:outline-none scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]\" dir=\"auto\" tabindex=\"-1\" data-turn-id=\"request-WEB:c59b3e37-e6ae-436b-8059-ad0c4c5628d7-16\" data-testid=\"conversation-turn-34\" data-scroll-anchor=\"true\" data-turn=\"assistant\">\n<div class=\"text-base my-auto mx-auto pb-10 [--thread-content-margin:--spacing(4)] @[37rem]:[--thread-content-margin:--spacing(6)] @[72rem]:[--thread-content-margin:--spacing(16)] px-(--thread-content-margin)\">\n<div class=\"[--thread-content-max-width:32rem] @[34rem]:[--thread-content-max-width:40rem] @[64rem]:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group\/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn\" tabindex=\"-1\">\n<div class=\"flex max-w-full flex-col grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal [.text-message+&amp;]:mt-5\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"be36f9be-e4d0-4cc1-ac19-700ccceacaf7\" data-message-model-slug=\"gpt-4o\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[3px]\">\n<div class=\"markdown prose dark:prose-invert w-full break-words light markdown-new-styling\">\n<p data-start=\"0\" data-end=\"133\" data-is-last-node=\"\" data-is-only-node=\"\">India\u2019s real estate shines with luxe buys by Akhil Wable, Shruti Pai, DLF\u2019s Mumbai sell-out &amp; IPO buzz driving fresh market momentum.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<h3>1. DataforIndia&#8217;s co-founder Akhil Wable buys \u20b9113 cr property<\/h3>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li>Akhil Wable buys a 1280 sq yards plot in South Delhi\u2019s Vasant Vihar<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>The property was bought from Eleannt Enterprises months after they had purchased it for \u20b995 cr<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>The deal was done at \u20b99 lakh\/square yard which is in line with average price in Vasant Vihar at \u20b99-11 lakh\/square yard<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>In April, Vineet Kapur, founder of skincare brand O3 Plus, &amp; his wife Sonia Kapur had purchased a bungalow in Vasant Vihar for \u20b972 crs<\/li>\n<\/ul>\n<div>\n<div>\n<div>\n<h3>2. Mumbai&#8217;s luxury real estate market hits \u20b914,750 cr sales<\/h3>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li>This is an 11% increase in luxury housing sales during H1 2025 compared to \u20b912,300 cr in H1 2024<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>During this period, Mumbai recorded sales worth \u20b914,750 crs across primary &amp; secondary transactions of homes priced above \u20b910 crore<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>Worli retained its lead as the most preferred luxury destination, contributing 22% of primary sales value<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>Other thriving micro-markets included Bandra West with an impressive 192% growth &amp; Tardeo with a massive 254% growth<\/li>\n<\/ul>\n<div>\n<div>\n<div>\n<h3>3. Manipal Group promoter\u2019s wife, Shruti Pai, buys \u20b964 cr luxury duplex in Bengaluru<\/h3>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li>The apartment spans 12,800 sq ft of super built-up area, with a carpet area of 9,929 sq ft, including balconies and a lift lobby<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>Shruti Pai, wife of Ranjan Pai, chairman of the Manipal Education and Medical Group, has purchased a luxury duplex apartment in Bengaluru upscale Jayamahal Extension\u2019s Savyasachi Sarayu<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>The property was sold at \u20b964,457 per sq ft on the carpet area and \u20b950,000 sq ft on the super built-up area, making it among the highest per-square-feet rates recorded in the locality<\/li>\n<\/ul>\n<div>\n<div>\n<div>\n<h3>4. DLF sells all 416 luxury apartments worth \u20b92,300 cr in its debut Mumbai project<\/h3>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li>Project \u2018The WestPark\u2019 in Andheri was launched on July 17, 2025<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>DLF announced on July 25 that it has sold out all four towers launched under Phase 1 of its debut luxury project in Mumbai<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>DLF &amp; Trident Realty to invest \u20b9900 cr to develop this luxury project<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>The entire project is spread across 10 acres &amp; will feature a mix of 3 BHK &amp; larger apartments ranging from 1,125 sq ft to 2,500 sq ft<\/li>\n<\/ul>\n<div>\n<div>\n<div>\n<h3>5. ED arrests two Ramprastha Group promoters in \u20b91,100 cr alleged fraud case<\/h3>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li>The agency earlier conducted searches at three locations in Delhi and Gurugram linked to the accused<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>\n<p data-start=\"71\" data-end=\"224\">RPDPL allegedly collected around \u20b91,100 crore from over 2,000 homebuyers for housing schemes including Project Edge, Skyz, Rise and Ramprastha City.<\/p>\n<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>ED has arrested Sandeep Yadav &amp; Arvind Walia in connection with an alleged money-laundering case linked to a builder-buyer \u201cscam\u201d<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>\n<p data-start=\"52\" data-end=\"132\">Homebuyers have not received possession of the flats even after 15\u201320 years.<\/p>\n<\/li>\n<\/ul>\n<div>\n<div>\n<div>\n<h3>6. 7,000 sq ft penthouse in Indirapuram sells for \u20b910 cr<\/h3>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li>The penthouse is located on the 39th &amp; 40th floors of Saya Gold Avenue in Indirapuram \u2014 one of NCR\u2019s tallest residential towers<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>The duplex penthouse, which spans the top two floors, features panoramic city views and includes a private terrace garden<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>Saya Gold Avenue offers a total of 12 penthouses ranging from ~5,500 sq ft to ~7,000 sq ft, with half already sold<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>The per sq ft price works out to be close to \u20b914,000 per sq ft<\/li>\n<\/ul>\n<div>\n<div>\n<div>\n<h3>7. Godrej Properties COO and Mumbai Region zonal CEO resign<\/h3>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li>Zonal CEO-MMR, Priyansh Kapoor, will be joining as CEO at Arvind SmartSpaces<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>The company\u2019s COO Vikas Singhal will step down on July 31 &amp; will be replaced by Sandeep Navlakhe<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>\n<p data-start=\"69\" data-end=\"188\">The company disclosed the cessation and appointment of senior management personnel as per the SEBI Master Circular.<\/p>\n<\/li>\n<\/ul>\n<div>\n<div>\n<div>\n<h3>8. Signature Global to launch homes worth \u20b96,000 cr in Gurugram in Jul-Sep: Chairman<\/h3>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li>This move aims to capitalize on the robust demand from both end-users and investors in the region&#8217;s dynamic real estate market<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>\n<p data-start=\"76\" data-end=\"199\">The company plans to launch 3.5\u20134 million sq ft this quarter and aims to sell \u20b912,500 crore worth of homes this fiscal.<\/p>\n<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>In the 2024-25 financial year, Signature Global emerged as the fifth-largest listed real estate firm clocking pre-sales of \u20b910,290 crs<\/li>\n<\/ul>\n<div>\n<div>\n<div>\n<h3>9. Hubtown &amp; DLF resolve dispute over \u20b9 10,000 cr South Mumbai project<\/h3>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li>\n<p data-start=\"81\" data-end=\"204\">Legal and regulatory challenges had stalled the 17-acre redevelopment project near Willingdon Club in Tardeo for years.<\/p>\n<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>DLF has formally exited the project and withdrawn all ongoing legal proceedings against Hubtown, Twenty-Five Downtown Realty (formerly Joyous Housing), PNB Housing Finance, and other associated parties<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>The agreement includes an \u20b98 bn payout from Hubtown to DLF<\/li>\n<\/ul>\n<div>\n<div>\n<div>\n<h3>10. Mumbai\u2019s real estate firm, Lotus Developers, to launch \u20b9792 cr IPO next week<\/h3>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li>The developer will focus on prime city locations, redeveloping old buildings into luxury apartments priced at \u20b910\u201350 cr<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>\n<p data-start=\"74\" data-end=\"206\">Shah Rukh Khan\u2019s trust, Amitabh Bachchan, Hrithik Roshan and investor Ashish Kacholia back Sri Lotus Developers and Realty Ltd.<\/p>\n<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>The company has 4 completed, 5 ongoing, and 11 upcoming projects in Andheri, Juhu, Bandra, and South Mumbai<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>The issue will open on July 30 &amp; is commanding a grey market premium of \u20b932\/share<\/li>\n<\/ul>\n<article class=\"text-token-text-primary w-full focus:outline-none scroll-mt-(--header-height)\" dir=\"auto\" tabindex=\"-1\" data-testid=\"conversation-turn-3\" data-scroll-anchor=\"false\" data-turn=\"user\">\n<div class=\"text-base my-auto mx-auto pt-12 [--thread-content-margin:--spacing(4)] @[37rem]:[--thread-content-margin:--spacing(6)] @[72rem]:[--thread-content-margin:--spacing(16)] px-(--thread-content-margin)\">\n<div class=\"[--thread-content-max-width:32rem] @[34rem]:[--thread-content-max-width:40rem] @[64rem]:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group\/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col\" tabindex=\"-1\">\n<div class=\"flex max-w-full flex-col grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal [.text-message+&amp;]:mt-5\" dir=\"auto\" data-message-author-role=\"user\" data-message-id=\"95df79ec-a880-41d7-9a04-f001651ffee8\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden items-end rtl:items-start\">\n<div class=\"user-message-bubble-color relative max-w-[var(--user-chat-width,70%)] rounded-[18px] px-4 py-1.5 data-[multiline]:py-3\">\n<h2 class=\"whitespace-pre-wrap\">Conclusion<\/h2>\n<article class=\"text-token-text-primary w-full focus:outline-none scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]\" dir=\"auto\" tabindex=\"-1\" data-turn-id=\"request-WEB:c59b3e37-e6ae-436b-8059-ad0c4c5628d7-15\" data-testid=\"conversation-turn-32\" data-scroll-anchor=\"true\" data-turn=\"assistant\">\n<div class=\"text-base my-auto mx-auto pb-10 [--thread-content-margin:--spacing(4)] @[37rem]:[--thread-content-margin:--spacing(6)] @[72rem]:[--thread-content-margin:--spacing(16)] px-(--thread-content-margin)\">\n<div class=\"[--thread-content-max-width:32rem] @[34rem]:[--thread-content-max-width:40rem] @[64rem]:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group\/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn\" tabindex=\"-1\">\n<div class=\"flex max-w-full flex-col grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal [.text-message+&amp;]:mt-5\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"a6031ca3-971e-45af-a34a-04a030deff45\" data-message-model-slug=\"gpt-4o\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[3px]\">\n<div class=\"markdown prose dark:prose-invert w-full break-words light markdown-new-styling\">\n<p data-start=\"136\" data-end=\"385\" data-is-last-node=\"\" data-is-only-node=\"\">From Akhil Wable\u2019s \u20b9113 cr buy and Shruti Pai\u2019s luxe duplex to DLF\u2019s Mumbai sell-out and Lotus Developers\u2019 celeb-backed IPO, India\u2019s real estate market is booming with high-value moves and big-ticket launches. The momentum shows no signs of slowing.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<hr \/>\n<p>Visit\u00a0<a href=\"https:\/\/simplease.in\/\">Simplease<\/a>\u00a0for property management services.<\/p>\n<p>Speak with our experts at +91\u201184 48 802 803<\/p>\n<p>Email us at info@simplease.in<\/p>\n<p>Follow us for more insights on real estate \u2013<\/p>\n<p><img decoding=\"async\" class=\"\" src=\"https:\/\/ichef.bbci.co.uk\/ace\/standard\/976\/cpsprodpb\/E802\/production\/_89649395_instagram_logo_976.jpg\" alt=\"Instagram launches a new logo - a 'simpler camera' - BBC News\" width=\"25\" height=\"14\" \/>\u2013\u00a0<a href=\"https:\/\/www.instagram.com\/simplease_in?igsh=MWkxZDgzdXM0a25vZw==\">simplease_in<\/a><\/p>\n<p><img decoding=\"async\" class=\"\" src=\"https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/8\/81\/LinkedIn_icon.svg\/1024px-LinkedIn_icon.svg.png\" alt=\"File:LinkedIn icon.svg - Wikimedia Commons\" width=\"14\" height=\"14\" \/>\u00a0\u2013\u00a0<a href=\"https:\/\/www.linkedin.com\/company\/simplease-india\/?viewAsMember=true\">simplease<\/a><\/p>\n<p><img decoding=\"async\" class=\"\" src=\"https:\/\/upload.wikimedia.org\/wikipedia\/commons\/e\/ef\/Youtube_logo.png\" alt=\"File:Youtube logo.png - Wikimedia Commons\" width=\"17\" height=\"12\" \/>\u00a0\u2013\u00a0<a href=\"https:\/\/youtube.com\/@simplease765?si=lUOIIm3mKTcWmDX5\">Simplease<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s real estate shines with luxe buys by Akhil Wable, Shruti Pai, DLF\u2019s Mumbai sell-out &amp; IPO buzz driving fresh market momentum. 1. DataforIndia&#8217;s co-founder Akhil Wable buys \u20b9113 cr property Akhil Wable buys a 1280 sq yards plot in South Delhi\u2019s Vasant Vihar The property was bought from Eleannt Enterprises months after they had [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1496,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[99],"tags":[],"class_list":["post-1458","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-weeklynewstracker"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Akhil Wable\u2019s \u20b9113 cr buy to Shruti Pai\u2019s duplex &amp; much more<\/title>\n<meta name=\"description\" content=\"India\u2019s real estate shines with luxe buys by Akhil Wable, Shruti Pai, DLF\u2019s Mumbai sell-out &amp; IPO buzz driving fresh market momentum.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/simplease.in\/blog\/?p=1458\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Akhil Wable\u2019s \u20b9113 cr buy to Shruti Pai\u2019s duplex &amp; 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