The magnificent property, Jatia House, situated in the regal locality of Malabar Hill… Altico Capital invests Rs 1,250 crore in 5 realty deals 21 Dec, 2017, 07.49 AM IST. Your Reason has been Reported to the admin. The Economic Times Digital Payments Forum, When Prakash Padukone, Axis Bank's brand ambassador praised competitor IDBI Bank, Why technology is the only path to sustained growth for MSMEs, Mumbai teens start a baking venture amid lockdown, but a murder abruptly ended the entrepreneurship, Telegram founder feels Signal is a good option, says he can't trust US-based apps, Krunal & Hardik Pandya's father passes away due to cardiac arrest; KL Rahul, Irfan Pathan remember 'mentor' uncle, Amazon Prime Video to offer mobile-only plan in India, starting at Rs 89 per month, Getting left out of Zoom calls, laying off fears & more: WFH could be making us paranoid. The bungalow built in the 1950s is two … Top industrialist Kumar Mangalam Birla has bought the iconic Jatia House in the plush Malabar Hill area here for Rs 425 crore. Mumbai: Top industrialist Kumar Mangalam Birla has bought the iconic Jatia House in the plush Malabar Hill area here for Rs 425 crore. 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 . Editor | August 27, 2015 @ 09:57 AM Spread over 3,000 square metres, with a carpet size of 30,000 square feet, Jatia House is twice the size of its famous neighbour, Mehrangir, more popularly known as Bhabha House. Located atop Malabar Hill, one of the poshest localities in Mumbai (South Mumbai to be precise), is Jatia House. Situated in Malabar Hill, Jatia House was built in the 1950s. 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). It is home to several business tycoons and film personalities. Source. Days Trial The Indian Express first reported about Birla’s interest earlier this month, Copyright © 2021 The Indian Express [P] Ltd. All Rights Reserved, Inside Kumar Mangalam Birla's Rs 425-crore Jatia House, Supreme Court to hear pleas on farm laws tomorrow after member recuses from panel, Boris Johnson invites PM Modi to G7 meet in June, Shahid Kapoor's Jersey will release on November 5, Complaint filed against filmmaker Mahesh Manjrekar for allegedly slapping a man, Watch: Sonu Sood's latest 'tailor shop' video has left netizens amused, 'You forgot to tan your hand': Netizens slam Kim Kardashian of 'blackfishing', Guts & glory at Gabba: From a no-look six to dogged defence, how Sundar & Shardul defied odds, IND vs AUS: Washington Sundar-Shardul Thakur script records, Across the aisle: 'Curiouser and curiouser, The Aussie ploy to get Pujara: bowl 'unplayable' deliveries to target his flaws, Ghulam Mustafa Khan passes away: Some songs to remember him by, Intel confident Apple doesn’t have the ammunition to score in enterprise market yet, Gabba Test: Rohit Sharma let his ego get the better of him, We tested Asus' VivoBook Flip 14 convertible laptop, Apple AirPods Max review: The iPhone 12 Pro Max of headphones, Twitter launches new account -- @Second Gentleman -- for Kamala Harris' husband, This beautiful rendition of 'Sandese Aate Hain' has left people emotional online, As WhatsApp delays new privacy policy, netizens say 'it's too late', Delhi schools prepare to open doors to classes 10, 12 students after pandemic-induced closure, 13-year-old girl abducted, raped by 9 men in MP; 7 arrested, Explained: What Russia’s exit means for the Open Skies Treaty, Vaccination Drive: 1 ‘severe’, 51 ‘minor’ cases of adverse events reported among health workers in Delhi, ‘Mocked Hindu Gods, disrespected sentiments’: BJP leaders demand ban on web series ‘Tandav’, Explained: Italy faces a political crisis amid a pandemic, Winning over Aussie crowd was Shardul Thakur’s inspiration behind gritty knock, Australian Open: Tennis stars slam hotel food in quarantine, Ramnath Goenka Excellence in Journalism Awards, Statutory provisions on reporting (sexual offenses), This website follows the DNPA’s code of conduct.