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JSW Steel CEO Sajjan Jindal Buys Nepean Sea Road bungalow For Rs. 500 Crores

Sajjan Jindal was able to make a deal with Maheshwari House where it was able to get the sea-facing three-storey bungalow at Nepean Sea Road in south Mumbai. The deal between these two parties was sealed last week. Manoj Maheshwari was able to receive an amount of around Rs 200 crore from Jindal.

Also, last year, Jindal had paid Rs 300 crore to other family members as part of the Rs 500 crore transaction and it became the most expensive residential property deal in the country. Jindal might have a lot of plans on this place that is why they are doing their best in order to acquire it.

Maheshwari was able to take the deal to over 500 crore. With this, he was able to get almost double of what his other family received. The bungalow and the building were situated in one of the prime and most expensive localities in Mumbai. It spreads over more than an acre.

Sajjan Jindal

Sajjan Jindal

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