Friday, September 30, 2022
News

MD of BYJU's-owned Aakash Institute buys Delhi property worth Rs 137 cr

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

New Delhi | Friday, 2022 5:15:09 AM IST
Aakash Chaudhry, co-founder and managing director of BYJU's-owned Aakash Educational Services, has bought a property worth Rs 137 crore at Kautilya Marg, Diplomatic Enclave, in the posh Chanakyapuri area in the national capital, multiple reports said on Thursday.

According to data from online property registration provider Zapkey, the 1,300 square metre property was registered on August 1 and Chaudhry reportedly paid stamp duty worth Rs 8.22 crore.

According to multiple media reports, JC Chaudhary, founder of tutorial chain Aakash Educational Services, bought a 2,000 square yard property in Vasant Vihar in South Delhi for more than Rs 100 crore.

He later purchased a five-acre farmhouse in Delhi for nearly Rs 96 crore and the transactions happened after BYJU's announced to acquire Aakash for nearly $1 billion.

Edtech platform BYJU's said last month that it has closed the $1 billion acquisition of offline test preparatory services provider Aakash, one of the largest deals in the edtech space.

The company had said in a statement that its payments to Aakash are "closed".

According to reports, Zishaan Hayath, Founder and CEO of edtech startup Toppr, also acquired by Byju's, recently bought a 4,000 square feet apartment in Mumbai for Rs 41 crore.

--IANS na/arm

( 217 Words)

2022-08-11-23:00:03 (IANS)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE SCIENCE NEWS
Study finds artificial intelligence impr...
Link between ocean acidification and fas...
There is no need to give free food, Covi...
Newly formed craters located on Mars hol...
Targeted reimbursement: A fair price for...
Research reveals how global warming affe...
More...
 
INDIA WORLD ASIA
BJP fighting family-based parties, Odish...
Kanpur Hostel staffer held for filming o...
NCPCR chairman: Priests spreading supers...
Jamia student shot at inside Delhi hospi...
Odisha: Cong MLA, ex-IAS officer convict...
Business milieu in India has changed und...
More...    
 
 Top Stories
For me it's all Indian cinema: Madh... 
SEBI eases rules related to offer f... 
68th National Film Awards: Ajay Dev... 
India gets its first hybrid footbal... 
Kodanad heist-cum-murder case trans... 
Truly a moment I'll never forget: S... 
Dalai Lama likely to announce he wi... 
PFI office bearer played active rol...