MAlabar Hill Archives - Square Feat India

Realty

Historic Laxmi Nivas Bungalow in Malabar Hill Sold for ₹276 Crore

Mumbai’s luxury real estate market has witnessed another landmark deal with the sale of Laxmi Nivas, a historic bungalow on Nepean Sea Road, for ₹276 crore. The iconic property, which once served as a hideout for freedom fighters during the Quit India Movement, has been acquired by Vageshwari Properties Private Limited, an entity linked to Reliance’s Nikhil Meswani. With a prime location, sea views, and redevelopment potential of 45,000 sq. ft., this sale highlights the growing demand for South Mumbai’s ultra-premium real estate.

SquareFeatIndia
March 21, 2025
2 minute read

Realty

With Just ₹75,000 in His Bank, Vedanta Founder Anil Agarwal Bought His First Home in Malabar Hill

Vedanta founder Anil Agarwal recently shared an inspiring story about his first home purchase in Mumbai. Despite having only ₹75,000 in his bank account, he refused to settle for a suburban home and instead set his sights on Malabar Hill. His determination led him to buy a 330 sq ft flat in Navranga Apartment, marking a major milestone in his journey. Agarwal’s story is a testament to the power of ambition, proving that with hard work and self-belief, even the biggest dreams can become reality.