Birla buys Jatia House for Rs425 crore in costliest house deal
9 years, 6 months ago

Birla buys Jatia House for Rs425 crore in costliest house deal

Live Mint  

Mumbai: Top industrialist Kumar Mangalam Birla has purchased the iconic Jatia House in the plush Malabar Hill area in Mumbai for a whopping Rs425 crore -- making it the priciest property deal in the megapolis. This is the largest house deal in the land-starved city and beats the purchase of another iconic bungalow, Maheshwari House, on the Napean Sea Road for which industrialist Sajjan Jindal of the JSW Group had paid Rs400 crore in 2011. “The Jatia House, which has a built-up area of about 25,000 sqft has been sold at Rs425 crore to Birla,” a JLL official said. The billionaire Kumar Birla family, with a networth of The billionaire Kumar Birla family, with a networth of $8.5 billion, currently lives at the Mangalyan on the tony Altamount Road in the southern tip of the city, where the country’s richest man Mukesh Ambani also lives in the 27-storey Antilia.

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Hindustan Times  

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Hindustan Times  

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1 year, 11 months ago

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Hindustan Times  

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Hindustan Times  

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Hindustan Times  

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Hindustan Times  

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9 years, 6 months ago

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Firstpost  

A look at all major bungalow deals that happened in Mumbai over the last four years. Hardly one week has passed after Kumar Mangalam Birla bought Jatia House for Rs 425 crore, Cyrus Poonawalla, chairperson of the Poonawalla Group, has purchased Lincoln House, an iconic property on in the Breach Candy area of south Mumbai, for Rs 750 crore. Here …

Birla creates new price record in Mumbai real estate, buys Jatia House for a whopping Rs 425 cr – Firstpost
9 years, 6 months ago

Birla creates new price record in Mumbai real estate, buys Jatia House for a whopping Rs 425 cr – Firstpost

Firstpost  

The deal was closed through an auction, in which five bidders participated. Mumbai: Top industrialist Kumar Mangalam Birla has purchased the iconic Jatia House in the plush Malabar Hill area here for a whopping Rs 425 crore – making it the priciest property deal in the megapolis. This is the largest house deal in the land-starved city and beats the …

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14 years, 5 months ago

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India TV News  

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