Ace investor Rakesh Jhunjhunwala died in August 2022 from kidney-related ailments. He was 62. The billionaire passed away before he could see the completion of his dream home – a sprawling 14-storey bungalow he was building in Mumbai’s posh Malabar Hills area. The house was something of a passion project for Jhunjhunwala – who spent Rs 371 crore between 2016 and 2017 for buying out an entire building called Ridgeway Apartments, which he then demolished to construct his 14-storey residence.
Jhunjhunwala liked to live life king-size, and his bungalow is proof. Twitter user Rajiv Mehta recently shared a glimpse of his sea-facing terrace, which friends and acquaintances of the late investors say stands as a testament to his love for all things larger-than-life.
The terrace features a gazebo with multiple seating options – including a six-seater dining table – a bar, outdoor seating areas, a carpet of green grass, a sprinkling trees and a sweeping view of the sea.
Rakesh Jhunjhunwala’s Terrace #RJ #Investing pic.twitter.com/PPfWbTVdHB— Rajiv Mehta (@rajivmehta19) May 11, 2023
Shankar Sharma, founder of GQuant, identified himself as an acquaintance of Rakesh Jhunjhunwala. “Lovely. Really sad one couldn't dance there with RJ,” he wrote, adding that he owned a building in the neighbourhood. “The white tower in front, top 3 floors penthouse, are mine, at Om Vikas, Walkeshwar, where RJ & us did dance a few times,” Sharma added.
Lovely. Really sad one couldn't dance there with RJ. The white tower in front, top 3 floors penthouse, are mine, at Om Vikas, Walkeshwar, where RJ & us did dance a few times— Shankar Sharma (@1shankarsharma) May 11, 2023
“The last time I met Rakesh just before COVID, I ribbed him about how he kept sending clouds of dust all over my various decks, from his construction,” Sharma further recalled.
Hahaha!!. Yes, we got lucky with this home. Living there was like living on an island not in a city. Magnificent sea, greens, birds... The last time I met Rakesh just before COVID, I ribbed him about how he kept sending clouds of dust all over my various decks, from his…— Shankar Sharma (@1shankarsharma) May 11, 2023
It will stay here !!! Health is Wealth— Learner Vivek Bajaj (@vivbajaj) May 11, 2023
Rakesh Jhunjhunwala’s bungalow covers an area of over 70,000 sq feet with the fourth dedicated to a banquet hall to host parties. The eighth floor houses the gym, steam room, spa and other amenities, while the top few floors have been set aside as the family’s living quarters.
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