Rakesh Jhunjhunwala will live in a 14-storey luxurious palace, this is the most expensive residential area in South Mumbai
Mumbai: Billionaire investor Rakesh Jhunjhunwala and family will soon move into their new home. The Big Bull will now live in a 14-storey luxurious palace in the most expensive area of Mumbai, The Times of India reported. Currently, he lives in a two-storey house in an apartment block. But soon his new abode will be in Mumbai’s posh Malabar Hill area.
The Times of India quoted sources as saying that Jhunjhunwala’s 14-storey bungalow is under construction on BG Kher Marg and the construction work is going on at a rapid pace these days. Earlier, there were 14 flats in this place which were bought by Rakesh and his wife Rekha Jhunjhunwala for Rs 371 crore. Now, a new bungalow is being built by demolishing these flats. A 57 meter high building will be built on a total plot of
