Meet Indian, who bought Rs 4000 crore property while strolling on street, not as rich as Mukesh Ambani, Adani, TataThe hotel, now known as Raffles London at The OWO, offers 120 guest rooms and suites, 85 residences. Several Indian billionaires have made substantial investments in real estate, acquiring prime properties across the globe. But one Indian billionaire stands out for transforming a dilapidated London building into a luxurious hotel. The Hinduja family invested a whopping Rs 13,000 crore (1.3 billion pounds) into the project, starting with an initial payment of Rs 3,973 crore and committing an additional Rs 9,000 crore over the next eight years. Their goal was to convert the historic building into a world-class hotel equipped with modern amenities, such as Raffles London at The OWO.

Source: dna February 21, 2024 06:13 UTC