Embassy Developments rallies 8% after Rs 711 crore residential tower deal with Angel One founder
60-Word AI Digest
Embassy Developments shares rallied up to 8% to Rs 63.80 after signing an MoU to sell an entire residential tower at Embassy Terazza in Juhu to Angel One CMD Dinesh Thakkar for Rs 711 crore. Spanning 63,000 sq ft, it is India’s largest single residential property transaction.
Key Takeaways
- Embassy Developments shares rallied up to 8% to Rs 63.80 after signing an MoU to sell an entire residential tower at Embassy Terazza in Juhu to Angel One CMD Dinesh Thakkar for Rs 711 crore.
- Spanning 63,000 sq ft, it is India’s largest single residential property transaction.
- Full details and original dispatch available below.
Embassy Developments shares rallied up to 8% to Rs 63.80 after signing an MoU to sell an entire residential tower at Embassy Terazza in Juhu to Angel One CMD Dinesh Thakkar for Rs 711 crore. Spanning 63,000 sq ft, it is India’s largest single residential property transaction.
Original Publisher Attribution
This summary was curated from Economic Times.