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Angel One Founder Dinesh Thakkar Buys Entire Juhu Tower for Rs 711 Crore
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Moneycontrol•22-09-2026, 09:40
Angel One Founder Dinesh Thakkar Buys Entire Juhu Tower for Rs 711 Crore
- •Dinesh Thakkar, founder of Angel One, acquired an entire residential tower at Embassy Terazza in Juhu, Mumbai, for approximately Rs 711 crore.
- •The transaction is considered India's largest single residential unit deal, spanning a RERA carpet area of 63,000 sq ft across a G+7-storey tower.
- •The price translates to over Rs 1.1 lakh per sq ft, aligning with or slightly exceeding market rates for the upscale Juhu area.
- •Thakkar named his new residence 'Angelus,' citing privacy, spaciousness, and sea views as key factors in his decision.
- •This deal highlights the robust luxury housing market in Mumbai and marks a significant expansion for Embassy Developments in the Mumbai Metropolitan Region.
Key Questions Answered
Angel One founder and CMD Dinesh Thakkar agreed to buy an entire residential tower at Embassy Terazza in Juhu for about Rs 711 crore. The developer described this transaction as India's largest single residential unit purchase.
The residence spans a RERA carpet area of 63,000 square feet across a G+7-storey tower. Thakkar named his new family residence 'Angelus', which offers features like privacy, spaciousness, and sea views.
Embassy Terazza is being developed by Embassy Developments under a development management model. The project is spread across more than two acres on Juhu Tara Road and comprises five low-density towers with one residence per floor.
