This woman, owner of Rs 39 thousand crores, bought 12 apartments together in Mumbai, the price was…

Ronit Kawale
Ronit Kawale - Senior Editor
3 Min Read
This woman, owner of Rs 39 thousand crores, bought 12 apartments together in Mumbai, the price was…

Mumbai: Rekha Jhunjhunwala, wife of late investor and stock trader Rakesh Jhunjhunwala, is considered the Warren Buffett of India. He has recently purchased 12 apartments in Rockside Apartments in South Mumbai for his family. For this he had to spend Rs 156 crore. This apartment is located in Walkeshwar area of ​​the city. According to the news network, last year Rekha's company Kinntisto LLP had bought office space in BKC for Rs 600 crore.

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Rekha is known as a leading investor in the Indian stock markets. He is one of the country's top business personalities and wealthy entrepreneurs. Rare Villa, the home of the Jhunjhunwala family, is located behind this Rockside Apartment. According to information received from sources, Rockside Society re-development is being done. reported that this apartment was purchased by the Jhunjhunwala family between November 2023 and March 2024.

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The size of each apartment purchased by the Jhunjhunwala family ranges from 1,600 sq ft to 2,500 sq ft. Their price is around Rs 10 to 15 crores. Jhunjhunwala has been one of the biggest investors in real estate in the city. Jhunjhunwala, one of the country's biggest stockbrokers, died of kidney disease in the year 2022. He had reportedly purchased an entire building in this area called Ridgeway Apartments for Rs 371 crore between 2013 and 2017. He converted this house into an ultra-luxury private home for the family.

A property dealer said, 'It seems like an investment for the Jhunjhunwala family or they are just trying to ensure that the view of their house is not affected due to the redevelopment project. Therefore its re-development is being done.

According to the new corporate shareholding report, Rekha publicly owned 25 stocks with total assets of more than Rs 39,333.2 crore at the end of December 2023, while in December 2022, she had assets of more than Rs 226,764.5 crore and she held 29 stocks.

Tags: Business news, Mumbai News, Rakesh Jhunjhunwala

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