Renowned billionaire industrialist Yohan Poonawalla and philanthropist Michelle Poonawalla have expanded their property portfolio with the acquisition of a grand mansion in the highly coveted Cuffe Parade area of South Mumbai. The sprawling property, covering approximately 30,000 square feet, adds to a prestigious collection of mansions in the area, where prices range from ₹400 to ₹750 crores.

Under the creative direction of Michelle Poonawalla and her firm, MYP Design Studio, the mansion will undergo a remarkable transformation into the opulent Poonawalla Mansion. This residence will serve as the couple’s secondary home, with their primary residence being Poonawalla House in Pune. The renovation project promises to merge historic grandeur with contemporary luxury, marking a new chapter in the Poonawallas’ illustrious journey.

The mansion’s expansive footprint includes grand first and second floors and breathtaking terraces, providing an exceptional level of space and privacy within the bustling metropolis. This serene oasis will offer a perfect backdrop for the couple’s sophisticated lifestyle.

A standout feature of the mansion will be Michelle Poonawalla’s renowned art collection, including works from esteemed artists and her own unique oil paintings. The residence is set to become a private art gallery, showcasing her distinctive painting techniques. Additionally, a portion of Yohan Poonawalla’s esteemed collection of priceless automobiles will be housed in their new home.

The purchase of this iconic property underscores the Poonawallas’ deep appreciation for Mumbai and their commitment to preserving the city’s rich heritage. By restoring and personalizing this landmark mansion, they are not only creating a luxurious private retreat but also enriching Mumbai’s cultural landscape.

Also read: NCR – Affordable Housing Sales Share Dips to 24% in H1 2024, Luxury Up to 45%

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