Damani's close associates buy 23 flats for Rs 1,200 crore in Mumbai: Report

Each apartment is about 5,000 sq ft in size and has been sold for Rs 50-60 crore

23 luxury homes in a high-end residential project have been sold for Rs 1,200 crore in India's financial capital, Mumbai. The flats were bought by family, relatives and friends of DMart founder Radhakishan Damani, a report by the Times of India (TOI) said. These flats were sold by Sudhakar Shetty, a businessman-builder who had made the Three Sixty West project on Dr Annie Besant Road with builder Vikas Oberoi.