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Tuesday, September 15, 2015

Lincoln House in Mumbai purchased for 750 crores

A view of the seaside mansion which was used as the U.S. consulate from 1957, and later renamed Lincoln House, is seen in Mumbai, India, September 14, 2015 

Pharmaceutical billionaire Cyrus Poonawalla has bought a former maharaja's mansion in Mumbai from the US government for around 7.5bn rupees (£73m), making it the most expensive ever residential purchase in the country.
The 50,000 sq ft seaside mansion was used as the US consulate from 1957, and later renamed Lincoln House. It was put on the market four years ago, after the consulate was relocated to a purpose-built compound in a newer business district.

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