India, March 6 -- Financial consulting company Sahastraa Advisors Private Limited bought a luxury apartment in an under construction building at Juhu for Rs.106.52 crore. That is over a lakh per square feet, a new high for the Juhu area.

Along with the apartment are five car parking spaces. A stamp duty of Rs.6.39 crore was paid to purchase the apartment that registered on January 19. The seventh-floor apartment, when ready, will have a RERA carpet area of 8,963 sq ft, showed the property registration document accessed through zapkey.com, a proptech portal.

The company's directors, Avni Shah, Paresh Shah, and Deep Shah, made the purchase at Lodha Avalon's tower A at the Juhu Tara Road. The project has been floated by Macrotech Developer...