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Billionaire Adar Poonawalla seals deal to buy most expensive mansion in London, know area, cost, other details

Reported by:  PTC News Desk  Edited by:  Shefali Kohli -- December 12th 2023 04:45 PM -- Updated: December 12th 2023 04:52 PM
Billionaire Adar Poonawalla seals deal to buy most expensive mansion in London, know area, cost, other details

Billionaire Adar Poonawalla seals deal to buy most expensive mansion in London, know area, cost, other details

Adar Poonawalla to buy most-expensive house: Indian businessman and Billionaire Adar Poonawalla, CEO and Executive Director of the Serum Institute of India, which is one of the world's largest vaccine manufacturers sealed the most expensive deal to buy the most costlier multi-million-pound mansion in London's Mayfair. 

The Poonawalla family is all set to acquire the most property of the year - Aberconway House, located near London's famous Hyde Park. 


About Aberconway House  

Aberconway House, no. 38, South Street, Mayfair, in the City of Westminster, was constructed between 1920 and 1922 for the industrialist Henry McLaren, 2nd Baron Aberconway, in a neo-Georgian style.

Aberconway House is an imposing mansion of 22,788 sq ft (2,117.1 m2), with an adjoining guest house with ancillary accommodation of 8,651 sq ft (803.7 m2). 

Aberconway House: Cost 

As per the reports, Billionaire Adar Poonawalla all set to pay approximately ₹ 1,444.4 crore or at least 138 million pounds to purchase the lavish and most expensive house. 

About Adar Poonawalla

Adar Poonawalla comes from a well-known and affluent Indian business family. His father, Cyrus Poonawalla, is the founder of the Serum Institute of India.

Adar Poonawalla is the CEO and Executive Director of the Serum Institute of India, which is one of the world's largest vaccine manufacturers. 

Under Adar Poonawalla's leadership, SII has played a crucial role in global vaccination efforts, especially during the COVID-19 pandemic. 

Adar Poonawalla's efforts in the field of vaccine production have contributed to his recognition and success

- With inputs from agencies

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