Yohan Poonawalla And Wife Michelle Buys Rs 500 Crore Mansion In Mumbai

Billionaire industrialist Yohan Poonawalla and his wife Michelle have purchased a 30,000 sq ft standalone property in South Mumbai's Cuffe Parade area for over Rs 500 crore, as per an ET report. This sprawling mansion, one of the most expensive residential deals in recent times, will be transformed into their secondary home and called the 'Poonawalla Mansion'.

Yohan Poonawalla, chairman of Poonawalla Engineering Group and director of Poonawalla Stud Farms and Poonawalla Racing and Breeding, comes from a prominent business family. His father, Zavaray Poonawalla, co-founded the Serum Institute of India, a leading vaccine manufacturer. The Poonawallas are also renowned for owning one of Asia's largest stud farms.

Michelle Poonawalla, Managing Director of the Poonawalla Engineering Companies, is a businesswoman. Her design firm, MYP Design Studio, will lead the transformation of the newly acquired property into the 'Poonawalla Mansion'.