Sachin Tendulkar takes loan to buy flat

Mr. Sachin Tendulkar
Sachin Tendulkar takes loan to buy 528 sq. ft 1BHK in Panvel

Indian cricketer Mr. Sachin Tendulkar buy home for Rs 30 lakh. The area of house is 528 square feet (Carpet area of 467 square feet and 61 square feet terrace-balcony.) . It is at Bandra’s Perry Cross Road.

The bungalow is not the only property Mr. Sachin Tendulkar has purchased in recent times. He recently booked another house (under-construction 1BHK flat in Panvel, 45 km from Mumbai.). The important news is Mr. Tendulkar took a loan to purchase the flat with a

The cost of the property developed by Thalia Investment Pvt Ltd is nearly Rs 25 lakh. The price would go up to Rs 30 lakh as buyers in Navi Mumbai have to pay about 30 per cent in black money on the total cost. The flat was purchased for the Mr. Sachin Tendulkar’s son Mr.Arjun.

Mr. Arjun wants to become a cricketer. As he wants to stay away from the limelight, Arjun prefers to hone his skills at the Karnala Sports Academy during weekends. The academy is very close to Panvel and Arjun can stay in the new flat instead of commuting to Bandra. Also, the proposed new international airport is just 3km away from the flat. So, it could be used as a halting place by the Tendulkars before flying anywhere.

The registration documents carry Tendulkar’s current address ,Lamor Mishree Park in Bandra .
Nitin Patel of Thalia Investment confirmed that Anjali Tendulkar booked the flat in her name.

About Thalia Investment...
Founded in 2003, Thalìa is an alternative asset management company 51% owned by BSI SA (one of the oldest and most reputable banks in Switzerland).
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