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Billionaire Industrialist Yohan Poonawalla And Wife Michelle Buy New 30,000 Sq. Ft House Worth Rs 500 Crore

South Mumbai has seen a recent surge in high-profile property purchases. Cricketers Virat Kohli, Rohit Sharma, and Yuvraj Singh have all made significant investments in the area. Read on to know the details

Billionaire Industrialist Yohan Poonawalla And Wife Michelle Buy New 30,000 Sq. Ft House Worth Rs 500 Crore
Billionaire industrialist Yohan Poonawalla and his wife Michelle have acquired a 30,000 sq ft standalone property in South Mumbai’s Cuffe Parade area for over ₹500 crore,
This expansive mansion, one of the most expensive residential purchases in recent times, will be converted into their secondary residence and named ‘Poonawalla Mansion,’ according to a report by ET.

Yohan Poonawalla, who chairs the Poonawalla Engineering Group and serves as a director at Poonawalla Stud Farms and Poonawalla Racing and Breeding, hails from a prominent business family.

His father, Zavaray Poonawalla, co-founded the Serum Institute of India, a leading vaccine producer. The Poonawalla family is also known for owning one of Asia’s largest stud farms.

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Michelle Poonawalla, the Managing Director of the Poonawalla Engineering Companies, is a businesswoman and designer. Her firm, MYP Design Studio, will oversee the transformation of their newly purchased property into ‘Poonawalla Mansion.’

The mansion boasts a spacious design with expansive terraces and multiple floors, ensuring privacy and exclusivity. This luxurious setting will serve as a perfect showcase for the couple’s extensive art collection.

Part of the residence will be turned into a private art gallery featuring Michelle Poonawalla’s distinctive oil paintings and other valuable pieces. Additionally, a curated selection of Yohan Poonawalla’s automobile collection will be displayed within the mansion.

South Mumbai has seen a recent surge in high-profile property purchases. Cricketers Virat Kohli, Rohit Sharma, and Yuvraj Singh have all made significant investments in the area.

Virat Kohli bought a luxury apartment in the ‘Omkar 1973’ project in Worli for ₹34 crore, while Rohit Sharma acquired a ₹30 crore property at Ahuja Towers in the same neighborhood. Yuvraj Singh also purchased a ₹64 crore property in the area.

Film producer and director Dinesh Vijan recently joined the ranks of celebrity property owners in South Mumbai by purchasing a 9,000 sq ft residential property.

Other notable deals include Suhana Khan’s acquisition of 1.5 acres of agricultural land in Alibag for ₹12.91 crore and Alia Bhatt’s production house purchasing a 2,497 sq ft apartment in Bandra for ₹37.80 crore.

Also Read: ‘True Sportsmanship’: Neeraj Chopra & Arshad Nadeem’s Friendship Reflects India-Pak Cricket Bonds; Rivals on the Field, Friends for Life


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