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Kolkata Tycoon Harshvardhan Neotia Buys Mumbai Property At Worli Raheja Artesia
The 60-storeyed Raheja Artesia tower located at Mumbai’s tony address Worli Sea Face developed by K Raheja Corp seems to be attracting who’s who of the corporate world. The latest to join the list of illustrious buyers is the Kolkata-based industrialist Harshavardhan Neotia of AmbujaNeotia Group, according to Square Feat India, a leading real estate news website. Neotia, who is responsible for landmark projects in and around Kolkata, has, along with his daughter Paroma, bought 3,064 square ft property along with three car parks for Rs 23.89 crore. This project has been attracting any number of HNI buyers. HDFC Securities MD & CEO Dhiraj Relli and wife Archana forked out Rs 30.31 crore to buy an apartment. HDFC’s MD & CEO Keki Mistry paid Rs 41.23 crore and Smita D Parekh, wife of HDFC Chairman Deepak Parekh, paid Rs 50 crore. What makes it very reassuring for buyers is that the developer of this prestigious property, Raheja’s family, have bought three duplexes comprising 18 flats and 42 car parking spaces for Rs 427.81 crore. Effectively, Chandru Raheja, Chairman of K Raheja and his two sons Ravi and Neel, have bought five floors between them.

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Editor’s Note: Short Post Is Here To Stay…

Time, they say, flies—and how true that is. Here we are celebrating our 5th Anniversary. Five years ago, when Covid-19 was wreaking havoc across the globe, I took a leap of faith and launched Short Post, India’s first website for Authentic Gossip. That was on January 31, 2021. I was convinced there was a clear gap in the market for gossip that was credible, sharp, and impactful—especially if told in just 250 words.

In this, I was fortunate. Scores of senior editors across diverse verticals bought into the idea and, in the process, gave wings to my dream. Quite honestly, Short Post could not have crossed these milestones without the unflinching support of its contributing editors. Like all start-ups, we have seen our share of ups and downs, but these editors have stood by us like a rock. I take this opportunity to doff my hat to them.

Thanks to their commitment, we have published close to 5,000 stories spanning politics, business, entertainment, and sports. I say this with pride: we made our mark as people who matter read us. “Small packs, big impact” truly captures the essence of Short Post.

We all know that Covid-19 has reset businesses worldwide, and the media sector is no exception. In the post-Covid era, investors have become more cautious and selective—and advertisers too. To compound matters, the entry of AI has disrupted the media landscape in equal measure. So far, we have managed to hold our ground, hopeful that some angel investors will take a shine to us.

What gives me confidence is this: AI cannot smell news—especially the gossipy kind. In other words, AI cannot churn out Short Post-type stories, no matter the prompt. That puts us in a safe zone. As someone rightly said, “AI is a co-pilot, not a pilot.”