Sebi leases luxury flat for chairman at Rs 7 lakh/month

The Securities and Exchange Board of India (Sebi) has leased a luxury apartment in Mumbai’s Prabhadevi for its chairman, Tuhin Kanta Pandey, at a monthly rent of Rs 7 lakh, adhering to its Board-approved policy for executive accommodations. The three-year lease includes a five-bedroom unit with a 3,000 sq. ft. area, four car parks, and a security deposit of Rs 42 lakh, reflecting ongoing demand in Mumbai’s luxury housing market.

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