2024-08-10 09:30:26
Mumbai: Admission season is underway, with many vying for coveted spots in universities, IITs, NITs, and other top engineering colleges. Some seek admission for their children in medical colleges. Large sums of money are often deposited during the admission process. Amidst the frenzy, notable industrialists Yohan Poonawalla and Michelle Poonawalla have made a significant purchase.
Luxury Mansion in Cuffe Parade
The affluent couple has acquired a luxurious house in Mumbai’s Cuffe Parade area, reportedly valued at over Rs 500 crore. Spanning over 30,000 square feet, the mansion will be transformed into the “Poonawala Mansion” by MYP Design Studio, led by Michelle Poonawalla. This esteemed studio has previously worked on numerous premium luxury projects across Mumbai, Pune, and Alibaug.
About Yohan Poonawalla
Yohan Poonawalla is a prominent entrepreneur and the chairman of the Poonawalla Engineering Group. His diverse portfolio includes Intervalve Poonawalla, El-O-Matic India, and stakes in Serum Institute of India (known for its Covishield vaccine). He also chairs Poonawalla Financials and serves on the boards of Poonawalla Stud Farms and Poonawalla Racing and Breeding.
About Michelle Poonawalla
Michelle Poonawalla is the Managing Director of Poonawalla Engineering Companies. Passionate about art and philanthropy, she has actively supported various NGOs in Mumbai. She holds a degree from the American College, London. Her artistic endeavors gained attention in 2016 when she collaborated with children with special needs at Gateway School, Mumbai.