Cricketer Yashasvi Jaiswal Purchases Apartment in Mumbai's Bandra for ₹5 crore

From rags to riches -

In the Ten BKC complex at Bandra East, cricket player Yashasvi Jaiswal paid Rs 5.38 crore for an apartment in Mumbai, according to papers viewed by the real estate database Zapkey. According to information obtained, Jaiswal registered the agreement for this under-construction apartment, which has a 1,110-square-foot size, on January 7, 2024. The builder of the project, Adani Realty, has refrained from commenting on this purchase.

Acquired by Adani -

Due to the bankruptcy of the original promoter, Radius Estates, the housing project was in a troubled past. Subsequently, Adani Realty acquired the unfinished project, and according to brokers, the units should be completed and turned over this year.

Although it wasn't always the most popular society in Mumbai, Bandra East, it has seen a significant increase in popularity in the last ten years due to its proximity to the Bandra Kurla Complex, the city's new central business district, and the existence of other significant gated community projects. The neighborhood has seen a rush of rehabilitation projects recently, and developers Rustomjee and Kalpataru are among those who have completed projects here.

In 2016, Ten BKC, a residential project, opened its doors and offered apartments with two, three, and four bedrooms. Jaiswal's purchase agreement is worth more than Rs 48,000 per square foot at the registration price. For Jaiswal, considering his early phases, this story can be seen as a rags-to-riches tale. He represents India in international cricket and Rajasthan Royals in the Indian Premier League.