These homes afford stunning views of the Queen’s Necklace and the Arabian Sea, and offer world-class amenities that celebrate the Lodha lifestyle. 1) Kumar Mangalam Birla of the Aditya Birla group bought Jatia House, situated in the Malabar Hill area of Mumbai, for Rs 425 crore last week. Read more about Kumar Managalam Birla buys iconic Jatia House for Rs 425 crore on Business Standard. Iconic Malabar Hill bungalow, Jatia House, put on the block Valuation at Rs 400-500 cr; Buyers to be selected through two-stage bid; Auction starts on Sep 7 Jatia House . 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 bungalow called Jatia house is located in the Malabar Hill area of Mumbai and has a covered area of 25,000 sq ft. 30,000 sq ft Jatia House in Mumbai is up for grabs. Book online, pay at the hotel. It is home to several business tycoons and film personalities. Mumbai: The iconic Jatia House in Malabar Hill, which was on the block for quite some time, has not only finally been sold, it has set a new record in … Share. Sharp Insight-rich, Indepth stories across 20+ sectors, Access the exclusive Economic Times stories, Editorial and Expert opinion, Hot property: Meet Arun Jatia whose 30,000 sq ft bungalow in Malabar Hill is up for grabs. It's a great story and one book featuring the indefatigable and charming Inspector Wadia is simply not enough!The story opens on New Year's Eve, 1949 in Bombay. Jones Lang LaSalle (JLL), an international consultancy firm which carried out the deal, has confirmed the sale. Find 47+ Property for Sale in Malabar Hill, Mumbai - Get best deals on Buy/Sell Properties in Malabar Hill, Mumbai, find full details of the Commercial & Residential properties for Sale in Malabar Hill… Jatia House in Malabar Hill, the family home of the Pudumjee Industries promoters is being auctioned on Sep 7. 15 The property was owned by Y Jatia, who bought it in the 1970s. Posted by Rohit kumarrk. Jatia House on Malabar Hill is close to another landmark bungalow, Meherangir, once the home of Homi Bhabha Bhabha, father of India’s atomic energy programme. According to a report in Indian Express, Jatia House … In one of the most expensive real estate transactions in Mumbai, Aditya Birla Group chairman Kumar Mangalam Birla purchased Jatia House in Malabar Hill for Rs 425 crore. Malabar Hill (ISO: Malabār Hill) is a hillock and upmarket residential neighbourhood in South Mumbai, Maharashtra, India.Malabar Hill is the most exclusive residential area in Mumbai. Located atop Malabar Hill, one of the poshest localities in Mumbai (South Mumbai to be precise), is Jatia House. This will alert our moderators to take action. For reprint rights: Inciting hatred against a certain community, 15 Your Reason has been Reported to the admin. Source. The bungalow built in the 1950s is two … The Indian Express first reported about Birla’s interest earlier this month, Copyright © 2021 The Indian Express [P] Ltd. 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