Uddhav Thackeray: More about his Rs 11.6-crore new property, across the road from Matoshree

Uddhav Thackeray is planning to construct a new house, a possible Matoshree 2.0, right across the road from his current address. To this end, he and wife Rashmi have already put down Rs 11.60 crore

FP Staff March 28, 2017 16:48:58 IST
Uddhav Thackeray: More about his Rs 11.6-crore new property, across the road from Matoshree

The Kalanagar suburb of Mumbai is home to Matoshree, one of the city's most prestigious addresses. Having housed the powerful Thackeray clan ever since the heydays of its founder Bal Thackeray, it is currently home to Sena executive president Uddhav Thackeray and his family.

Uddhav Thackeray More about his Rs 116crore new property across the road from Matoshree

Shiv Sena chief Uddhav Thackeray with his wife Rashmi and son Aditya. Getty Images

However, according to a recent media report, the house may soon be looking for new tenants. According to the Mumbai Mirror, Uddhav and family are planning to construct their dream house, a possible Matoshree 2.0, right across the road from their current address. To this end, Uddhav and wife Rashmi have already put down Rs 11.60 crore.

The proposed new house will be a 10,000 square-foot six-storey structure comprising two triplex apartments. Noted architect firm Talati and Panthaky will design the structure.

According to the report, the property originally belonged to artist Kattingeri Krishna Hebbar, and after his death, it was passed on to wife Susheela, and subsequently to their children Rekha Rao, Rajani Prasanna, and Ranna Hebbar. In 2007, a Malad-based firm Platinum Infrastructure purchased the land from the siblings with the intention of constructing an eight-storey building on it.

In January 2016, it sought permission from the suburban collector to transfer the plot, which was leased by the state to Kalanagar Cooperative Housing Society. And in April last year, the collector gave Platinum the nod, subject to the condition that 50 percent of the amount received would be deposited with the state government.

The Thackerays then sought permission from Kalanagar CHS to acquire and redevelop the plot. Accordingly, they paid Rs 5.8 crore to Platinum, and another Rs 5.8 crore to the suburban collectorate office. In October 2016, the Brihanmumbai Municipal Corporation (BMC) approved the construction plan, and the Thackerays formally signed the deal the next day.

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