Yes Bank CEO Rana Kapoor is Mukesh Ambani's new neighbour

FP Staff May 28, 2013 17:05:57 IST
Yes Bank CEO Rana Kapoor is Mukesh Ambani's new neighbour

Mukesh Ambani's got a new neighbour.

Yes Bank CEO Rana Kapoor is Mukesh Ambanis new neighbour

Yes Bank CEO and MD Rana Kapoor

Ye's Bank's founder Rana Kapoor's family has bought the neighbouring residential complex on Mumbai's posh Altamount Road for Rs 128 crore. The apartment block, named Khursheedabad Building has six apartments but the Kapoor family plans on demolishing the entire structure to build their home there, reported the Economic Times today.

The building, built on a third of an acre plot, boasts of home of some of the richest Indian businessmen.

According to the ET report, the building has been acquired in the name of Kapoor's wife Bindu and a privately held company. The building was earlier used by Citibank and GSK to house their mid-to-senior level executives.

Read the full report here.

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