Bajaj Auto's Chairman, Neeraj Bajaj bought a penthouse in Malabar Hill, Mumbai. The Penthouse is for Rs 252 crore. It is called the Lodha Malabar penthouse. It is located exactly opposite the governor's estate and between the Arabian sea and the Hanging Gardens. The house has been named the Emperor's Palace. It is spread over a massive 18,000 square feet. Each square foot was for 1.40 lakh.
Malabar Hill is a posh residential neighborhood located in the southern part of Mumbai. It is known for its upscale homes, lush greenery, and panoramic views of the Arabian Sea. Some of the notable residents of Malabar Hill include industrialist Mukesh Ambani, actor Hrithik Roshan, and business magnate Anand Mahindra. The area is well-connected to other parts of Mumbai and has easy access to major roads and public transportation.
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