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Showing posts from November 2, 2014

Ranjan Pai buys out ritzy hotel's top floor

Billionaire Ranjan Pai, the 41-year-old promoter of Manipal Education and Medical Group (MEMG), has scripted the most expensive office-space purchase, setting a new benchmark in Bangalore's real estate market. Pai has bought around 24,000 sqft of prime real estate space on the top-most floor - the 15th - of JW Marriott Hotel opposite Cubbon Park.