2023-12-12 10:39:30
VAdar Poonawalla, CEO of Serum Institute of India (SII), followed by buying expensive properties in foreign countries. This time, Adar Poonawalla, nicknamed the “Vaccine Prince”, is all set to buy London’s most expensive house. The house is being bought at a cost of 138 million pounds which is regarding 1446 crore rupees. According to reports, it will be the most expensive house in London in 2023.
Located in the UK’s Mayfair district, the house has an area of 25,000 square feet. Aberconway House is a century-old mansion near Hyde Park. Adar Poonawalla’s purchase of the house will make Aberconway the second most expensive house ever sold in London.
The most expensive residential transaction in London took place in January 2020. 2-8a Rutland Gate has reportedly been sold by former Saudi Arabian Crown Prince Sultan bin Abdulaziz for $210 million.
Dominika Kulczyk, daughter of the late businessman Jan Kulczyk, who was Poland’s richest man, approved the deal with Poonawala. Aberconway House is the second most expensive home ever sold in London and the biggest deal of the year, according to luxury estate agents.
The Poonawalla family have no plans to move permanently to the UK, and the London deal comes following a multi-billion pound investment in vaccine research and manufacturing facilities near Oxford.
Last Updated Dec 12, 2023, 4:16 PM IST
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