Mumbai, August 08, 2024: Renowned billionaire industrialist Yohan Poonawalla and Michelle Poonawalla, a renowned philanthropist, entrepreneur, design and architecture authority, have made a significant addition to their vast and diverse property portfolio by acquiring a massive mansion standing on its own grounds in the most coveted and exclusive area of Cuffe Parade in South Mumbai. The standalone property, spanning approximately 30,000 sq ft., joins a prestigious collection of mansions in the area that are typically priced between ₹400-750 crores.
MYP Design Studio, under Michelle Poonawalla’s creative helm, will orchestrate the transformation of this architectural gem into the opulent Poonawalla Mansion, the couple’s secondary residence, their primary home being Poonawalla House in Pune. This project marks a new chapter in the couple’s illustrious journey, promising a harmonious blend of historic grandeur and contemporary luxury.
Known for their discerning taste and penchant for unparalleled living experiences, the Poonawallas have identified a rare opportunity to create a private sanctuary within the bustling metropolis. The mansion’s expansive footprint, encompassing truly spacious and grand ground, first, and second floors, as well as breath-taking terraces, offer an unprecedented level of space and privacy. This serene oasis will serve as the perfect backdrop for the couple’s sophisticated lifestyle.
A highlight of the mansion will showcase Michelle’s renowned art collection. Pieces from renowned artists as well as her own unique art and oil paintings, which is a unique, one of a kind painting technique, transforming the residence into a private art gallery. Additionally, a part of Yohan Poonawalla’s vast, world-renowned collection of invaluable and prized automobiles, will be housed in their new acquisition.
The acquisition of this iconic Cuffe Parade Mansion reflects the Poonawallas’ enduring love for Mumbai and their dedication to preserving the city’s rich heritage. By restoring this truly iconic property, they are not only creating a personal sanctuary but also contributing to the city’s cultural landscape.
