Bajaj-Linked Rishabh Family Trust Seals INR 72 Crore Deal for Iconic Koregaon Park Estate

Historic Bungalow and Land Parcel Add to the Trust’s Portfolio

The Rishabh Family Trust, with Rajiv Bajaj, Managing Director of Bajaj Auto, as one of its trustees, has made headlines by acquiring a premium property in Pune’s upscale Koregaon Park locality for a staggering ₹72 crore. This prime real estate deal includes a historic bungalow named Krishna Kumar and an outhouse, spanning a built-up area of over 16,079.6 square feet, nestled within a sprawling 1.15-acre land parcel.

Transaction Finalized with ₹5.04 Crore Stamp Duty

The transaction, finalized on December 5, 2024, was documented through GHAR, showcasing the trust’s commitment to investing in high-value assets. Deepa Bajaj, wife of Rajiv Bajaj, signed off on the deal as the representative for the Rishabh Family Trust, which also paid ₹5.04 crore in stamp duty.

Koregaon Park: A Hub for Luxury Living and Lifestyle

Koregaon Park, renowned for its luxurious lifestyle offerings, continues to attract India’s elite. From opulent bungalows to boutique cafes and chic retail outlets, the area epitomizes exclusivity, offering proximity to key business districts alongside a vibrant social scene.

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India’s Affluent Invest in Premium Real Estate Markets

This acquisition highlights a growing trend among India’s affluent families, who are increasingly investing in high-end properties across premier locations like Mumbai, Delhi-NCR, Bengaluru, and Pune. These buyers are drawn to residences that provide world-class amenities, privacy, and prime connectivity.

Disclaimer: This article is based on publicly available information and reports accessed through credible sources. The facts and figures are for informational purposes only and may not reflect the latest updates.

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