Friday, November 8, 2024
Home Business Sonam Kapoor’s father-in-law buys this London property for ₹231.47 crore

Sonam Kapoor’s father-in-law buys this London property for ₹231.47 crore

by
0 comment

Sep 13, 2024 03:54 PM IST

Indian tycoon Harish Ahuja purchases £21 million home in Notting Hill, defying luxury market slowdown, with plans for redevelopment.

Indian tycoon Harish Ahuja paid £21 million ($27 million) for a home in London’s Notting Hill district- one of this year’s biggest UK residential deals which defied a wider slowdown in luxury sales. Harish Ahuja owns and runs Shahi Exports Pvt and bought the eight-story residential convent in July, as per a UK filing.

Harish Ahuja's eight-story property, previously owned by a charity, offers over 20,000 square feet and reflects growing Indian investment in London's luxury real estate.
Harish Ahuja’s eight-story property, previously owned by a charity, offers over 20,000 square feet and reflects growing Indian investment in London’s luxury real estate.

Read more: What was the key to Bill Gates’ and Microsoft’s success? He says it was his focus on…

His son Anand Ahuja and daughter-in-law Sonam Kapoor plan to use part of the sprawling property as the couple’s home following redevelopment and a separate section of the building is likely to be converted into flats, Bloomberg reported citing people familiar with the matter.

Anand Ahuja is a director at Shahi Exports and also runs his own retail company.

Read more: Apple iPhone 16 series pre-order starts today at 5:30 pm, available offers, EMI, cashback, discounts

The property offering more than 20,000 square feet of space is a short walk from Kensington Gardens and was previously owned by a UK-registered charity and religious order, the report added.

The home purchased by Harish Ahuja is one of the few which were sold for more than £20 million this year, including a £27 million Mayfair mansion sold at a 33% discount by art collector-oil tycoon couple Fatima and Eskandar Maleki.

Read more: Sebi chief Madhabi Puri Buch’s fresh statement on allegations against her: ‘False and malicious’

Last year, Ravi Ruia bought a £113 million mansion overlooking Regent’s Park. Adar Poonawalla also bought a Mayfair mansion which he was renting from Polish billionaire Dominika Kulczyk for £138 million- the most expensive UK home deal in 2023.

Stay updated with the…

See more

You may also like

Leave a Comment

About Us

Welcome to Janashakti.News, your trusted source for breaking news, insightful analysis, and captivating stories from around the globe. Whether you’re seeking updates on politics, technology, sports, entertainment, or beyond, we deliver timely and reliable coverage to keep you informed and engaged.

@2024 – All Right Reserved – Janashakti.news