The most expensive house to be sold in London this year is a 25,000 square foot Mayfair mansion – and its buyer is an Indian billionaire. Adar Poonawalla has closed a deal to buy London’s most expensive house of 2023 for £138 million (Rs 1446 crore approximately), according to a report in Financial Times.
The CEO of Serum Institute of India (SII) will acquire Aberconway House to “serve as a base for the company and family when they are in the UK,” according to a person familiar with the matter. Poonawalla has no plans to move to London permanently.
“It is a company guest house which is useful for hosting events donors tech partners and it has helped serum group in accessing global opportunities that were not possible to do from India,” sources confirmed to CNBC.
The 1920s mansion will be acquired by Serum Life Sciences, a UK subsidiary of SII. The property comes with an adjoining guest house and access to one of Mayfair’s ‘Secret Gardens’.
With its staggering price tag of £138 million, Aberconway House is the second most-expensive house ever sold in London – the first being 2-8a Rutland Gate which fetched £210 back in 2020.
Poonawalla has reportedly reached a deal to buy the house from Polish billionaire Dominika Kulczyk.
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