Jatia House is among the most sought after residential locations in south Mumbai. The property is owned by Chem Mach Pvt Ltd, a company owned by Yashvardhan Jatia who brought it from Meher Cawasji Vakeel in the early 1970s. 126 614. In fact, Antilia is the second-most valuable residential property in the world, only being beaten out by UK’s Buckingham Palace. 333 1623. However, I would not be able to provide any additional information. 350. Subscribe to our Newsletters . 495001 637.5. 700. Located in Mumbai’s Altamount Road neighbourhood, Antilia is 750-feet tall and has 27 stories with extra-high ceilings. The 2-acre grade-III property at Breach Candy has a built-up area of around 50,000 sq ft. 24 120. Issuu is a digital publishing platform that makes it simple to publish magazines, catalogs, newspapers, books, and more online. Price: $1-2 billion (approx ₹14,798 crores) as reported by Forbes India. 126 630. Ajay Piramal. 350. 350. 126 614. 350. Cyrus Poonawalla, chairman of Poonawalla Group which includes the Serum Institute of India. The Jatias had purchased the bungalow in 1972 from Meher Cawasji Vakeel. And these are just the extravagant homes of seven out of the 138 billionaires in the country. 126 614. 20 97. Lastly, the basement holds quarters for the staff and has parking space for 12 cars. Jatia House is among the most sought after residential locations in south Mumbai. But when you’re a billionaire like the below mentioned business tycoons, the only thing you really need to worry about is how fancy you want your house to be. He paid ₹750 crores for it, which was lesser than the asking price, but it still became the most expensive residential property transaction in Indian history back then. 350. It was bought by the Jatias in 1972 from Meher Cawasji Vakeel. 0 0. However, in 2015, Cyrus Poonawalla, Chairman of the Poonawalla Group, bought it for residential purposes. Morning Daily; Lighting News; Most Read. The Jatias purchased the bungalow in 1972 from Meher Cawasji Vakeel. This bungalow is located right on the water’s edge in Colaba. Issuu is a digital publishing platform that makes it simple to publish magazines, catalogs, newspapers, books, and more online. Before Kumar Mangalam Birla’s deal, it was Sajjan Jindal who paid the most amount of money for a house. 0 0. Mahindra Education Trust ... Bai Dhunmai & Cawasji Dadabhoy Sanatorium Trust When India’s richest business tycoon’s daughter got married to the heir of the Piramal ground, the most lavish festivities followed. 350. Tomorrow is different. It originally belonged to the Jatias of Pudumjee Paper Mills-fame, who bought it from Meher Cawasji Vakeel in 1972. 126 614. The family runs the Pudumjee Industries, which is into the paper business. The Birla family, currently residing in Mangalyan at Altamount Road, plans to retain the new bungalow for personal use. Sponsored Stories. Two years after its purchase, this bungalow was reduced to rubble. The house has 20 bedrooms, ballrooms, Burma teakwood panelling, uninterrupted views of the sea and can hold about 700 and Anand Piramal’s bungalow Gulita. However, so do 1.84 crore other people, according to the 2011 census. Jatia House, bought by industrialist MP Jatia in 1971 from Meher Cawasji Vakeel, was put on the block some time ago. Estate, Ring Road New Delhi 110 002 and Ors. The Jatias purchased the bungalow in 1972 from Meher Cawasji Vakeel. Jatias purchased the bungalow in 1972. 350. An inside-view of Jatia House. 126 614. The coveted Jatiya House set to be secured by the Birlas Outracing bidders, Kumar Mangalam Birla has quoted a whopping Rs 425 crore to buy the mansion This iconic bungalow was once home to the visionary scientist, and father of India’s nuclear program, Homi Bhabha. fali vakeel lowe lintas & partners, shivaprasad cplx, 5th fl, 114, m g road, bangalore, 560001 FAQIR CHAND GOYAL 76 C, KITCHLU NAGAR, CIVIL LINES, LUDHIANA, 141001 FARAZDAK RANIWALA 503-A,ABDOOL HUSSAIN, POTIA APTS, 202 BELLASSIS RD, BOMBAY CENTRAL, MUMBAI, 400008 350. Jatia House is among the most sought after residential location in south Mumbai, an upscale property market which is much sought after by the swish set for property deals. Follow and connect with us on Twitter, Facebook, Linkedin. 1763147.25 0. Jatia House has Burma teak wood interiors and numerous gardens. It has a rich history and even richer interiors. Since the city is so densely populated, it comes as no surprise that property prices in Mumbai have skyrocketed higher than the tallest skyscrapers. Sajjan Jindal, managing director of JSW Group. The property is owned by Chem Mach Pvt Ltd, a company owned by Yashvardhan Jatia who brought it from Meher Cawasji Vakeel in the early 1970s. The Jatias purchased the bungalow in 1972 from Meher Cawasji Vakeel. An inside-view of Jatia House. In 2012, Ajay Piramal, the head of the real estate arm of the Piramal Group bought off Gulita, a bungalow located on Worli Seaface from Hindustan Unilever for ₹452.5 crores, as reported by India Today. 583101 37.5. The 2926 square-metre Jatia House on 38 Gibbs Road, with a built-up area of at least 28,000 square feet, was bought by industrialist MP Jatia in 1971 from Meher Cawasji Vakeel. 0 0. 700. Gulita, located in Worli, while it was being renovated. 350. Aditya Birla Group. Check out some of the most expensive homes these business tycoons own in Mumbai. The high-profile deal comes within a week of industrialist Kumar Mangalam Birla buying Jatia House, the iconic Malabar Hill bungalow at Mumbai which was bought by industrialist MP Jatia in 1971 from Meher Cawasji Vakeel, in a deal worth Rs 425 crore (approximately $63 million). Aditya Birla Group chairman Kumar Mangalam Birla has emerged as the top bidder to acquire the iconic Malabar Hill bungalow at Mumbai, which was bought by industrialist MP Jatia in 1971 from Meher Cawasji Vakeel, in a deal worth Rs 425 crore (approximately $63 million). The Jatias purchased the bungalow in 1972 from Meher Cawasji Vakeel. Kumar mangalam birla. Another business tycoon family worth mentioning, in regards to expensive properties owned in Mumbai, are the Godrejs. It has a rich history and even richer interiors. All of which have floor plates ranging between 8,700 square feet and 12,300 square feet. 400072 37.5. It was bought by the Jatias in 1972 from Meher Cawasji Vakeel. When the Jatia House, located in Mumbai’s Malabar Hills neighbourhood went on sale in 2015, the Aditya Birla Group chairman made a record deal in its bid. Copyright © 2021 Bennett, Coleman & Co. Ltd. All rights reserved. 1050. 232 1160. For reprint rights: The Economic Times Digital Payments Forum, Kaveri Seed Company | BUY| Target Price: Rs 610, Indian Oil Corporation (IOC) | BUY | Target Price: Rs 120-135, Deepak Fertilisers | BUY| Target Price: Rs 195, VIP Industries | BUY | Target Price: Rs 430, Mahanagar Gas | Buy | Target Price: Rs 1,220. Download The Economic Times News App to get Daily Market Updates & Live Business News. Avatar Meher Baba Perpetual Public Charitable Trust Bal Jeevan Trust ... Jai Vakeel Foundation & Research Centre (The Research Society) Judy (Judith) Frater Junoon Arts & Education Foundation K.C. The business tycoon’s house can withstand earthquakes rated 8 on the Richter scale and according to Economic Times can reportedly houses 600 people just as staff. HSBC. 4 17. Jatia House, bought by industrialist MP Jatia in 1971 from Meher Cawasji Vakeel, was put on the block some time ago. According to the associate director of JLL India, Nishant Kabra, the proposed valuation of the property was between Rs 400 - 500 crore. 111111 1604.25. 193 941. This property was united by HU as a training centre for their executives. If you’ve ever passed by Breach Candy in Mumbai, a massive yellow castle-like structure must have surely caught your eye. Read More News on. The property is owned by Chem Mach Pvt Ltd. Indian Hume Pipe, Dosti Realty inks pact for Wadala land parcel development Economic Times Kumar Mangalam Birla, Chairman of Aditya Birla Group. It also boasts of a central courtyard and a garden that opens up to a pond. 124103 37.5. 350. Mumbai. Mistry Meher D. Damania, Meher Nariman Merchant, Meherwan Ardeshir Dalal, Meherzad Kersi ... Vakeel, Hormusjee (Homi) ... 12 B Cawasji Petit Bldg. 350. Prior to this acquisition, the Jindal family resided in the Jindal House situated in Walkeshwar. 798, Tehmi Villa, 1st Floor, Jame Jamshed Road, … Find out if your city has made the cut, Mukesh Ambani to Poonawallas, 5 rich Indians who drive the most enviable & super-fast Ferraris. Nishant Kabra, associate director, JLL India, told dna: "Yes, we have been mandated to sell Jatia House. And the last level is home to a media room, a personal gym, another bedroom, an infinity pool and a lounge. baqir hussain mahmud khan zaffer abbas khan malik murid hussain alla wala abdul wahid rab nawaz haq nawaz juma khan ghulam husain tamezan begum munir akbar khan abdul jabbar abdul rasheed vakeel ahmed khan ghulam raza. Located in Mumbai’s Napean Sea Road, the Maheshwari House is spread over a little more than an acre and three stories. Back in 2011, the chair of Jindal Steel paid ₹400 crores for the Maheshwari House. 32200. This property was originally built for the Maharaja of Wankaner, HH Sir Amarsinhji Banesinhji and his son. 147 735. 350. This would be the second most expensive bungalow deal in the country. He paid a whopping ₹425 crore for the 30,000-sq-feet mansion. Owned by Arun M Jatiya and Shyam M Jatiya, sons of industrialist MP Jatia, the 2926 square-metre Jatia House is built on 38 Gibbs Road, with a built-up area of minimum 28,000 square feet, was bought by industrialist MP Jatia in 1971 from Meher Cawasji Vakeel. According to Architectural Digest, Antilia is spread across 400,000 square feet and it boasts of amenities such as three helipads, a 168-car garage, a ballroom, 80-seat theatre, terrace gardens, spa and a temple. this Worli bungalow to the couple as their new home. Marzban Colony, Gilder Lane, Mumbai 400008. 350. 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