Mumbai's Laxmi Nivas bungalow that hosted Nehru, JP, Lohia up for grabs

Built by a Parsi family from Old Bombay in 1904, Laxmi Nivas was sold to the Kapadia family 10 years later

PTI August 16, 2016 11:53:49 IST
Mumbai's Laxmi Nivas bungalow that hosted Nehru, JP, Lohia up for grabs

New Delhi: A colonial bungalow -- Laxmi Nivas in Mumbai -- that hosted the likes of Pandit Jawaharlal Nehru, Ram Manohar Lohia, Aruna Asaf Ali, Achyut Patwardhan and Jaiprakash Narayan -- is up for sale.

Mumbais Laxmi Nivas bungalow that hosted Nehru JP Lohia up for grabs

Laxmi Nivas bungalow

Built by a Parsi family from Old Bombay in 1904, Laxmi Nivas was sold to the Kapadia family 10 years later, property consultant CBRE said in a statement.

The bungalow, which has since been home to over three generations of the Kapadia family, is situated just off Napean Sea road, it added.

CBRE has been appointed the sole advisor for this transaction to assist with the marketing and sale through a structured process and closed bid.

The heritage residence sits over 1,865 sq metre of land and is located opposite the diplomatic residence of the Consulate General of Russian Federation. It is also in close proximity to Priyadarshani Park, one the most sought-after and  valuable neighbourhoods for homes in Mumbai, CBRE said.

CBRE Capital Markets MD Nikhil Bhatia said the rarity of such independent residences coming on the market has resulted
in considerable enquiries and interest.

High net worth individuals seeking discretion and more importantly, those who seek privacy prefer to buy independent
houses as opposed to staying in penthouses within high-rise developments, he added.

Updated Date:

also read

Wrong to link Savarkar with Gandhi’s assassination, even Ambedkar thought he was implicated at Nehru’s behest
India

Wrong to link Savarkar with Gandhi’s assassination, even Ambedkar thought he was implicated at Nehru’s behest

Just before Partition, Godse repeatedly accused Savarkar and other senior Hindu Mahasabha leaders of being passive in opposing the Congress and Gandhi. Savarkar had even chided Godse for interrupting and bullying Gandhi in a public meeting in June 1947, two months before Partition

JNUEE 2021 answer key released at jnuexams.nta.ac.in; check direct link, details here
India

JNUEE 2021 answer key released at jnuexams.nta.ac.in; check direct link, details here

The fee is non-refundable and the facility to raise objections against the answer key will be available till 12 October up to 7 pm.