India, May 27 -- In one of the most expensive real estate deals in Bengaluru, Paresh Raja, CEO of UK-based Market Financial Solutions, has bought a luxury penthouse in MAIA Estates's upscale 27 Summit project for Rs.54.38 crore, as per documents accessed by Zapkey.

Located in Sampangiram Nagar, one of central Bengaluru's most sought-after neighborhoods, the penthouse spans 7,065 sq ft of carpet area and occupies the 25th and 26th floors of a premium residential project. According to the sale document, the property's super built-up area is 10,629 sq ft.

The deal was closed at a carpet area rate of Rs.77,000 per sq ft and a super built-up rate of Rs.51,170 per sq ft, making it one of the most high-end residential transactions in Bengaluru...