The Chairman of Bajaj Auto, Niraj Bajaj has bought a luxurious sea-view triplex in one of Mumbai’s poshest neighbourhoods, Malabar Hill. Bought for a staggering Rs 252.5 crore, the property is one of the most expensive real estate transactions in recent history.
Spread over three floors, the 18,008 square feet triplex offers stunning views of the Arabian Sea and Mumbai’s skyline.
The triplex on the 29th, 30th, and 31st floors is a part of the Lodha Malabar Palaces by the Sea project. It was registered on March 13, 2023. As per money control, Niraj Baja paid a stamp duty of Rs 15.15 crore for the three apartments. There are 8 parking slots, a lavish swimming pool, and massive rooms.
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Who is Niraj Bajaj?
Niraj Bajaj, one of the richest men in Asia, is leading the Bajaj Group after Rahul Bajaj’s death. In 2021, he took over as the chairman of the group. He is also a board member of Bajaj Auto
Niraj Bajaj’s early life and education
Born in 1954, Niraj Bajaj did his schooling at the Cathedral and John Connon School. He has a degree in commerce and economics from Mumbai’s Sydenham College. He went to Harvard Business School for his MBA.
Niraj Bajaj’s net worth
As per corporate shareholdings filed for December 31, 2022, Niraj Bajaj publicly holds 8 stocks with a net worth of over Rs 10,678.7 crore.