India, May 13 -- ILP 4 India 1 Private Limited has purchased a land parcel in Kurla, Mumbai, for Rs.193.5 crore from Shri Aditya Finwealth Private Limited, according to property registration documents reviewed by Square Yards.

According to IGR property registration documents reviewed by Square Yards, the transaction, valued at Rs. 193.5 crore, involves a land parcel spread across 15,985 square meters (~1.60 hectares/~3.95 acres). The transaction also includes multiple existing buildings on the acquired land parcel with a total built-up area of around 4,519 sq. m (~48,641 sq. ft).

The deal incurred a stamp duty of Rs. 11.61 crore and a registration fee of Rs. 30,000. As per the Development Plan 2034, the land parcel is categorized under ...