Luxury and amusingly expensive houses are one of the plain-sailing ways to project any billionaire’s wealth, and Kumar Mangalam Birla’s house is surely one of them. Hop on to this section to virtually explore all things luxury about this recently bought house of Kumar Mangalam Birla.
Kumar Mangalam Birla is not only in charge of directing the course of Aditya Birla Group but also one of the wealthiest and biggest business tycoons in India. He made a headline a few times back when he commenced the purchase of one of the most expensive bungalows in Mumbai. And eventually has ownership over the iconic bungalow called Jatia House, an exclusive bungalow which is located in the Little Gibbs Road of Malabar hill.
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Kumar Mangalam Birla House- A Prized Possession
Jatia House is a kind of place that many of us can only dream of stepping- in someday. Lounging at an uberly wealthy location in Mumbai, this one is titled as one of the costliest bungalows in the country. It is spread across an area of over 30,000 sq. ft. and covers three floors in total. This magnificent bungalow has all the popularity and amazement which was once up for sale. One fact that needs to be mentioned about this bungalow is that it was previously owned by Mr. Y. Jatia who bought it in the 1970s.
Kumar Mangalam Birla purchased this bungalow by banking away a staggering amount of Rs 425 crores. Gloriously situated in the center of south Mumbai, this home was purchased post an auction that went on for an entire day. What contributes towards an interesting fact about this house is that Kumar Birla beat five of his fellow bidders to finally get a hold on this vintage property. Among these bidders was one of the prominent personalities Mr. Ajay Piramal, owner of the Piramal Realty.
So there is no denying the fact that the Jatia house property is coveted by many in the country. And then Mr. Birla made a payment of 10% of the amount in the name of the initial token amount for the purchase of this property.
A Sneak Peek Into the House of Kumar Mangalam Birla
This bungalow has one of the most mesmerizing views of the sea which gives a sense of tranquility. And this specialty of the house is a winning aspect for whoever staying at this stunning bungalow. Studded with approximately 20 bedrooms as well as several ballrooms, this huge bungalow is one of its kind. There is also a special wall-cladding which is uniquely complimenting the ceilings of the house made of Burma Teakwood entirely.
The interiors in Kumar Mangalam Birla’s residence are detailed in massive corridors, vast and dreamy bedrooms as well as auditoriums, which are jeweled with the finest marbles. This classic bungalow also has a beautiful pond along with a central courtyard which complements the lavish garden situated in the area. The property rates in the posh location of Malabar Hill come about to be approximately Rs 1.7 lakhs per square feet, and bungalow valuations can easily cover the number of open spaces as well as the larger parking spaces. Jatia House is constructed on a plot that goes roughly 31,495 square feet or 2,926 square meters in size.
A Lookback of the Jatia House Owners
MP Jatia was the former owner of this Jatia House. He comes from the family of Pudumjee Paper Mills. This classic bungalow was once entirely renovated in 1987. It then came out to be layered with a tranquil scheme of brown and beige color.
Shyam and Arun, sons of MP Jatia occupied Jatia House and it was under their ownership until the time when Kumar Mangalam Birla finally purchased it. The Jatias are also known for their lavish and famous parties, that they host in this bungalow.
Other Properties of Kumar Mangalam Birla
There is also another bungalow owned by Kumar Mangalam Birla in Mumbai which is nestled in one of the poshest locations of India i.e. Carmichael Road, and this place covers about half of an acre. Apart from that, Mr. Birla also has a two-storeyed apartment where he grew up located in one of the famous buildings in the city i.e. II Palazzo in Malabar Hill.
Key Facts about Kumar Mangalam Birla’s Malabar Hill House
Let’s have a quick round-up of some amazing facts about Birla’s bungalow in Malabar Hill, Mumbai-
- This bungalow is spread across an area of about 25,000 sq. ft.
- The Jatias purchased this bungalow in the year 1972, before which it was under the possession of Meher Cawasji Vakeel.
- As Kumar Mangalam Birla purchased Jatia House, the most expensive bungalow in the country, he surpassed other richest names in the clan of billionaires like Sajjan Jindal who purchased Maheshwari house for Rs 400 crores in 2012.
- Jatia house’s exterior offers an uninterrupted view of the sea.
- This bungalow of Kumar Mangalam Birla features winding corridors that take visitors to a pristine garden view meeting the sparkling ocean.
- This place is adorned with a lush garden and a pond.
- There is an open courtyard in the bungalow that does not have any ceiling. This beautiful part of the house has plentiful natural light and gorgeous sky views.
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FAQs
What is the location of Kumar Mangalam Birla’s house?
The luxurious Birla house is located on the Little Gibbs Road of Malabar Hill in Mumbai and is currently Kumar Mangalam Birla’s house address.
By which name is Birla’s house famous?
The house of Kumar Mangalam Birla is known as Jatia House. This property was formerly owned by MP Jatia and his family.
What is the actual cost of Birla’s house?
The cost of this iconic and beautiful house is Rs 425 crore.
Who owns Jatia House?
Kumar Mangalam Birla, the owner of the renowned Birla Empire, has purchased the Jatia house located in Malabar Hill, Mumbai.
