New Delhi: Neerav Parekh the chairman of Barnsley Football Club and his mother Kalpana Parekh have purchased two apartments valued at Rs 170 crore in Worli Mumbai. Both apartments are located in a Worli Sea Face project named Naman Xana by Naman Group according to property registration documents accessed by Indextap a real estate consultant in Mumbai.

Neerav Parekh has purchased a duplex for Rs 105 crore with a stamp duty of Rs 6.30 crore. It has an area of 10441 sq ft and comes with six parking spaces.

The apartment purchased by Kalpana Parekh is spread in an area of 7104 sq ft and costs Rs 65 crore plus a stamp duty of Rs 3.25 crore. This apartment comes with four parking spaces.

Neerav Parekh and Kalpana Parekh sold 4 lakh shares of Pidilite Industries. Neerav sold 1 lakh shares (0.02 per cent) at Rs 3303 per share while Kalpana Parekh sold 3 lakh shares (0.06 per cent) says a media report.

“When we talk Mumbai luxury housing it clearly screams Worli. This SOBO micro market has Mumbais top luxury projects by top Mumbai developers from Rahejas to Lodha to Oberoi. At an average level Worli housing markets trade at 90000 to 100000 per sqft on carpet. However these exclusive projects by top developers at prime locations trade at 25-40% premium over average due to its aspirational quotient location development quality and luxury amenities” said Abhishek Kiran Gupta CEO and co-founder CRE Matrix and IndexTap.com

The project Naman Xana is located at the Worli Sea Face near the Bandra-Worli Sea Link and faces the Mumbai Coastal Road and the Arabian Sea. Worli is now one of the most preferred destinations for luxury projects after South Mumbai Lower Parel Prabhadevi and Bandra.