News
Kumar Mangalam Birla buys Rs 425 cr bungalow
Kumar Mangalam Birla, Chairman of the Aditya Birla Group has bought the iconic Jatia House in the plush Malabar Hill area for Rs 425 crore.
According to media reports, Birla has bought a sea-facing Jatia House at Little Gibbs road, Malabar hill in Mumbai, for his personal use. The sprawling bungalow is spread across 31,495 sq ft and 25,000 sq ft built-up area. The posh bungalow was sold on Monday.
Present owners of the bungalow, the Jatias of the MP Jatia Group of companies, appointed international property consultant JLL to carry out the deal.
The bungalow has large open spaces and a large parking area.
Birla has reportedly paid 10 per cent of the amount and the remaining amount will be paid soon.
-
Interviews4 weeks ago
High Rental Yield, Price Appreciation, Stable Growth, Make Sydney an Ideal Realty Investment Option: Haansal Estate
-
News3 weeks ago
KW Delhi 6 Mall Onboards New Brands
-
News3 weeks ago
Manasum Senior Living Launches IKIGAI GOA, A Senior Living Community in North Goa, in collaboration with Prescon Homes
-
News2 weeks ago
Godrej Properties Sells Rs 3k cr+ Homes of Godrej Zenith, Gurugram, within 3 days
-
News3 weeks ago
Bridging India Divide: Top 5 Tier- 2 Cities to Focus On
-
News3 weeks ago
Commercial Realty Gets Tech Savvy: Fast Construction, Enhanced Convenience
-
News3 weeks ago
Multipoint Connection – A Definite Boon
-
News2 weeks ago
RBI’s Status Quo on Key Policy Rates to Help Maintain the Real Estate Growth Momentum, Say Industry Stalwarts