Serum Institute of India chief Adar Poonawalla will pay 138 million (about Rs 1,444 crore) for a Mayfair mansion in London in one of the city's most expensive home sales of the year
At Hong Kong's Pollock's Path, houses are quoted at Rs 75.4 lakh one square metre.
NRI steel tycoon Lakshmi Mittal has bought his third major property for 70 million pounds in Kensington Palace Gardens, London's most expensive street.
The list includes London's Kensington Palace Gardens, New York's Fifth Avenue and Wolseley Road in Point Piper, Sydney.
Deepening global credit crisis is taking a toll not just on financial institutions but is eroding individual wealth as well, with Britain's richest man Lakshmi Mittal losing nearly pound seven million per hour in the last four months, media reports said in London.
A Mumbai lane, where India's richest person Mukesh Ambani is building a $2-billion home, has joined the league of the world's 10 most expensive streets, but is outranked by over three-times costlier London's Billionaires Row where steel tycoon Lakshmi Mittal owns three houses.
NRI steel tycoon Lakshmi Mittal is likely to buy the costliest mansion in London, worth 117 million pounds ($230 million), for his son Aditya.
Four years ago, steel tycoon Laxmi Mittal purchased his first house on Kensington Palace Gardens for about pound 57 million. Last year, he purchased a pound 70 million house for his daughter Vanisha and a pound 117 million mansion for his son Aditya in the same street. At the time, the combined value of the three properties was valued at about pound 440 million. Today, the houses are worth about $ 200 million, an amount almost equivalent to the purchase prices.
Non-Resident Indian steel magnate Lakshmi N Mittal, the richest Asian in the United Kingdom, has bought a central London house for a record price of £70 million, a leading daily reported on Sunday.
The top posts on social media from your favourite Bollywood celebrities.
He is widely admired for maintaining an almost military like discipline and is not known to smoke or drink
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