Key Points
However, there are billionaires who opt for investing in Mumbais poshest areas Recently, the family of the industrialist JP Taparia, founder of contraceptive maker Famy Care bought one of the most expensive apartments in India..
The lavish apartment on the 26th, 27th, and 28th floor is located on Walkeshwar Road, opposite the governors estate, touching both the Arabian Sea and the Hanging Gardens, Economic Times reported...
Spread over 27,160 square feet, the apartment has been bought from listed real-estate developer Macrotech Developers Ltd, documents accessed by Zapkey showed..
Founder of the contraceptive products firm Famy Care, the Taparias are globally the biggest producer of Copper-Ts..
JP Taparia was engaged in his extended familys hand tools and engineering business, after which he started his own business with Famy Care which has now grown to be one of the worlds leading manufacturers of female oral contraceptives...
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