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Oct 11, 2017 02:45 PM IST | Source: Moneycontrol.com

Dabur Chairman Anand Burman to purchase bunglow in posh Delhi area for Rs 120 Crore

According to Forbes, his net worth is USD 1.87 billion.

Anand C Burman, Chairman of the Dabur Group is in process of purchasing a bungalow in New Delhi’s upmarket Jor Bagh area for Rs 120 crore, the Economic Times reported.

Burman is buying 11,840 sq ft bunglow from a Kolkata-based industrialist.  While Burman confirmed the news to ET, he refused to give details. The purchase is not completed yet.

Anand is a part of the fifth generation of the Dabur Group’s founder family. He is known for his interests in research and development in pharmaceutical sciences and has over 40 patents against his name.

According to Forbes, his net worth is USD 1.87 billion.

Dabur ranks amongst the country’s top five FMCG (fast moving consumer goods) companies and has consolidated annual revenue of Rs 7,700 crore.

Earlier, Dabur chairman-emeritus, VC Burman, had purchased a bungalow in New Delhi’s Golf Links area for Rs 160 crore. The Burmans also have a property on the Prithviraj Road in Central Delhi another posh area.

Another high profile purchase was by the Paytm founder, Vijay Shekhar Sharma, who brought a bungalow in Golf Links for about Rs 82 crore.
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