Rakesh Jhunjhunwala's 'Lifestyle Investment' a palatial house

18 Jan 2022 CW Team

Rakesh Jhunjhunwala India’s billionaire investor will soon shift into his new 14-storey luxurious house. His palatial house is being built in Malabar Hill, one of the plush localities of Mumbai. Rakesh Jhunjhunwala is the 36th richest person in the country with a net worth of $5.7 billion. The construction work of Jhunjhunwala’s 14-storey bungalow on BG Kher Marg is going on in full swing. The place where the construction of the luxurious bungalow of India’s billionaire investor is going on, earlier had 14 flats. Rakesh and his wife Rekha Jhunjhunwala bought them for Rs 371 crore. A 57 meter high building will be built on a total plot of 2,700 square feet.

Starting with the top most floor, which seems to be designed for soirees, it has a huge terrace, a reheating kitchen, pizza counter, outdoor seating and a vegetable garden. The area spreads over 70.4 square meters.

The 12th floor has been reserved for Rakesh Jhunjhunwala and his wife Rekha. The floor features a sprawling bedroom, separate bathrooms, dressing rooms, an L-shaped living room and a dedicated study. A powder room and bathroom are attached to the study. The primary bedroom space for the Jhunjhunwalas, this floor also has a balcony, pantry, salon apart from a staff room.

The 11th floor of the property has been reserved for kids. On the right end, there are two bedrooms for the sons and one bedroom on the left for the daughter. All of these have their own attached bathrooms. With attached terraces and common spaces for the living room and the study, the kids have all their needs covered on the floor itself.

While the individual spaces are reserved for the 12th and 13th floors, the 10th is more the area where the family will come together. Featuring a spacious living room, a double height extension balcony, a dining room, puja room and a kitchen, the Jhunjhunwalas will probably spend most of their family time and have their meals on this floor.

The floor also houses four guest bedrooms and a small staff room – which can be seen on all floors.

While there have been no specifications of the plans laid out for the 9th floor, the blueprint suggests this could be the office space for Jhunjhunwala. It features three cabins, two bathrooms, a staff area as well as a pantry.

Housing the gymnasium, a massage room, spa and sauna rooms as well as bathrooms, the 8th floor is reserved for recreation and rejuvenation. The floor space is comparatively smaller here to allow an infinity pool and the deck below to occupy more square meters. While the pool will be on the 7th floor, the lack of a ceiling on the 8th will allow for an open-air feel and offer a great view of the skyline too.

The sixth is merely a service floor while the 5th floor will have a high-end home theater, a lounge, equipment rooms and bathrooms. The 4th floor is where Jhunjhunwalas will be throwing their gala parties aka the banquet hall. Two terraces on sides of the banquet hall, ample deck space to soak in the skyline, an L-shaped kitchen and double heighted ceiling make the banquet hall fitting for the 14-storey tower.

While there are only 7 parking slots in the basements, the first three floors have multiple rooms, bathrooms and storage areas.

Jhunjhunwalas, after moving into this stunning structure in South Mumbai, will become another billionaire family to shift to the lavish address in the expensive locality of Mumbai where the Ambanis, Piramals and Jindal’s are all residing in SoBo.