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M Pallonji

Gamadia’s green acre

The sale of a green, one-acre plot on Carmichael Road in south Bombay by Behram Nowrosjee Gamadia for Rs 170 crores (USD 20.24 million) to Mah-Hill Properties, a subsidiary of the Adani Group, was reported in The Times of India (ToI) on April 4, 2025. The deal was registered on March 27, with the buyer paying Rs 10.5 crores (USD 1.25 million) as stamp duty. In the 1991 development plan, the green slope located in one of the most expensive residential areas in the city, had been earmarked for a children’s park. However, in the new development plan the plot was......



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