Real estate in the country has found new dimensions and paradigms beyond the top metro cities. With the mushrooming of corporate spaces, the Millenium City of Gurugram has turned into a major real estate hub.
Rs 190 Crore Penthouse
Keeping up with that tag, Gurugram-based Info-x Software Technology Ltd. co-founder Rishi Parti just made one of the costliest deals in the history of the city. Parti has reportedly purchased an ultra-luxury 16,000 sq ft penthouse in the city for an eye-popping Rs 190 crore.
This purchase has been made for a penthouse in famed developer DLF’s The Camellias, located in sector 42 of Gurugram.
This transaction is being termed by some as historic in city’s real estate history.
Rishi Parti | LinkedIn
The deal was inked at the beginning of the month, on December 2.
The transaction also involved a major stamp duty of Rs 13 crore, that was shelled from the buying party. The stamp duty is a tax imposed on the sale of property/property ownership by the state government, in this case, Haryana.
Other Notables Owners
Stamp duty rates in Millennium City are as follows. The stamp duty is at 5 per cent for women and 7 per cent for men. In addition, it is 6 per cent for joint ownership within the municipal area.
Meanwhile, outside the municipal area limits, the rates are 3 per cent for female owners, 5 per cent for male owners, and 4 per cent for joint ownership.
The knowledge of the transaction was gained by a real estate data analytics firm by the name CRE Matrix.
Aman Gupta owns property in this particular project. | FPJ Library
As per reports, other owners of spaces in DLF’s The Camellias include other major names in the corporate sector. This includes JC Chaudhry, founder of Aakash Educational Services. Aman Gupta, founder of BoAt, an audio equipment services manufacturer.
Who Is Rishi Parti?
Info-x Software technology is a Logistics Management solution established in 2001. Rishi Parti founded and has since then led the company, that is based out of Gurugram’s Udyog Vigar since 2001, for over two decades now.
