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Tata Housing closes door on Lincoln House 22 Oct, 2014, 09.03 AM IST "Lincoln House hasn’t gone anywhere. সবাই যা পড়ছেন . The deal to buy the property had hit the headlines in September this year as it was one of the most expensive real estate deals in Mumbai in recent times. The sale of the Lincoln House in the Breach Candy area of south Mumbai, which […] Prime Minister Narendra Modi launches w... Prime Minister Narendra Modi launches world's largest vaccination drive. At times during the 19th and early 20th centuries, a consular agency at Karachi was under its jurisdiction. According to a report in the Economic Times, Lincoln House was bought by the Poonawallas, in 2015 for a whopping ₹750 crore. The Consulate General is located at C-49 G-Block, Bandra-Kurla Complex, Bandra (East). MUMBAI: Bulge-bracket property deals by the rich and the famous are not new to the land-starved megapolis, but the weekend sale of the iconic Lincoln House here to the Pune-based industrialist Cyrus Poonawalla for Rs 750 crore is nothing but mind-boggling. 'Hisab toh dena padega', says Kirit Som... 'Hisab toh dena padega', says Kirit Somaiya after Sanjay Raut's wife Varsha Raut repays Rs 55 lakh loan. Photo by Shriram Vernekar BCCL. According to sources, Poonawallas are going to buy Lincoln House in south Mumbai for Rs 700 crore. The Lincoln House: biggest real estate deal in Mumbai. The prestigious owner of this property Cyrus Poonawalla, chairperson of Poonawalla Group bought this property for a whopping Rs 750 crores (whooo!). In 1843, President Martin Van Buren issued a commission dated 5 October 1838 to Philemon S. Parker, of New York, as consul. (The consular residence was Washington House on Altamount Road). Khar murder case: Family, friends pay t... Khar murder case: Family, friends pay tribute to Jhanvi Kukreja. Lincoln House, South Mumbai. As Cyrus Poonawalla shells out Rs 750 crore to buy the iconic Lincoln House in Mumbai, take a look at some of the most expensive bungalows bought in the city over the last few years. Lincoln House, as the building has been called during its U.S. ownership, sits on a two-acre plot on the shores of the Arabian Sea in the Breach Candy neighborhood of south Mumbai. A rape allegation, a Minister and claim... A rape allegation, a Minister and claims of blackmail: How Dhananjay Munde's controversy is taking a twist. For reprint rights:Times Syndication Service, Lincoln House on Bhulabhai Desai Road. The building, declared as a heritage site, is an erstwhile palace of Maharaja Wankaner. Kumar Mangalam Birla had earlier finalised the deal to purchase the Jatia House property in Malabar Hill for Rs 425 crore. Schools to reopen for Class 5 to 8 from... Schools to reopen for Class 5 to 8 from January 27, says Varsha Gaikwad. Lincoln House, Mumbai Bhulabhai Desai Road, Breach Candy, Mumbai. The house was also named Wankaner Palace before it was called the Lincoln House. Advertisement. The mansion comes with a vast lawn facing the beach and presently has a small garden area and a tennis court. (The consular residence was Washington House on Altamount Road). We are not involved with the … Mumbai. Lincoln House, previously known as Wankaner House, is a 50,000 sq foot heritage property located at 78, Bhulabhai Desai Road, Breach Candy, Mumbai, India. Lincoln House in South Mumbai. Poonawallas are awaiting clearances for the Lincoln House, which earlier housed US consulate. Follow. In 2012, the U.S. Commercial Service Trade Information Centre was inaugurated at the Consulate General. Mail Lincoln House sold: At Rs 750 cr, this could be costliest home in India Lincoln House Mumbai: Cyrus Poonawalla, billionaire chairman of the Pune-based Serum Institute, purchased the iconic Lincoln House for a whopping Rs 750 cr. Kirit Somaiya: Receiving threat calls f... Kirit Somaiya: Receiving threat calls from different people after Dhananjay Munde was 'exposed', Instagram DMs, but with an animated twist, Terms of Use and Grievance Redressal Policy. Cyrus Poonawalla Buys Iconic Lincoln House in Mumbai for Rs 750 Cr. Vasai: Man arrested for providing fake ... Vasai: Man arrested for providing fake ID cards to passengers to travel in Mumbai local trains. Here is a look at all major bungalow deals that happened in Mumbai over the last four years: U.S. Department of State, The Ambassador of The United States to the Republic of India, This page was last edited on 31 December 2020, at 20:26. MUMBAI: Billionaire Adar Poonawalla, who bid an eye-popping Rs 750 crore for Lincoln House, the US consulate property in south Mumbai’s tony Breach Candy area, in … [5], Seal of the United States Department of State. Bulge-bracket property deals by the rich and the famous are not new to the land-starved megapolis, but the weekend sale of the iconic Lincoln House here to the Pune-based industrialist Cyrus Poonawalla for Rs 750 crore is nothing but mind-boggling. A deal that happened in 2015 but hasn't gone through yet, per the latest update from Economic Times in 2019. The Consulate General of the United States in Mumbai represents the interests of the U.S. government in Mumbai, India and nearby surrounding areas. Advertisement. TRP scam: Prashant Bhushan shares scree... TRP scam: Prashant Bhushan shares screenshots of WhatsApp chat between Arnab Goswami and ex-BARC CEO Partho Dasgupta. The consulate operated from Wankaner House, later renamed Lincoln House, located at Breach Candy in south Mumbai from 1957. The sale of the Lincoln House to the billionaire chairman of the Pune-based Serum Institute, makes it the largest ever real estate deal in the country’s financial capital. Since 21 November 2011, all sections of the U.S. Consulate General Mumbai are located at a new facility in Bandra Kurla Complex. Maharashtra: Thane records 297 new COVI... Maharashtra: Thane records 297 new COVID-19 cases. 'Will have to ask PM Modi's resignation... 'Will have to ask PM Modi's resignation everyday, if...': Sanjay Raut's jibe at BJP. The property is a 2-acre Grade-III property and has a built-up area of around 50,000 sq ft. Sources have told PTI that Poonawalla wants to use the Lincoln House as a family residence and he has no plans to redevelop the property. The building, declared as a heritage site, is an erstwhile palace of Maharaja Wankaner. In 2002, the consulate decided to shift its office to northern suburbs owing to security reasons. The palace was handed over to the U.S. consulate by the Maharaja to raise funds to pay off his taxes, after India became independent.[4]. Cyrus Poonawalla buys iconic Lincoln House in Mumbai for Rs 750 crore 13 Sep, 2015, 04.18 PM IST. A view of the seaside mansion which was used as the US consulate from 1957, and later renamed Lincoln House, is seen in Mumbai. 3 years ago | 1 view. Mumbai; Lincoln House; Advertisement. https://in.usembassy.gov/embassy-consulates/mumbai/, Consulate General of the United States, Chennai, Consulate General of the United States, Kolkata, "Contact Us - US Consulate General Mumbai", "Indo-American Relations: From Emergence into Strength", "US consulate in Mumbai to shift to new building", Official Webpage of U.S. Consul General Mumbai, List of diplomatic missions of the United States, Organization for Security and Cooperation in Europe (OSCE), United States Mission to the United Nations, https://en.wikipedia.org/w/index.php?title=Consulate_General_of_the_United_States,_Mumbai&oldid=997499213, All Wikipedia articles written in Indian English, Creative Commons Attribution-ShareAlike License, United States Mission to Mumbai, India. This property spreads on a huge area of 50,000 sq ft and is a family residence. [3], The consulate operated from Wankaner House, later renamed Lincoln House, located at Breach Candy in south Mumbai from 1957. Flats & Houses For Sale in Lincoln - Find properties with Rightmove - the UK's largest selection of properties. Read more about Poonawalla buys iconic Lincoln House in Mumbai for Rs 750 cr on Business Standard. Mumbai businessman nabbed for Rs 31 cro... Mumbai businessman nabbed for Rs 31 crore GST fraud. ‡ Missions which are located in countries or cities that may be considered a part of more than one continent. Home › News Archives › Business archives › Lincoln House in Mumbai sold at 750 crores मुंबई में 750 करोड़ रुपए में बिका लिंकन हाउस. A view of the seaside mansion which was used as the U.S. consulate from 1957, and later renamed Lincoln House, is seen in Mumbai, India, September 14, 2015. It was constructed in 1938 by the Maharaja of Wankaner and is now considered as a grade III heritage infrastructure. Though Grade-III heritage properties are open for redevelopment now, sources said Poonawalla wants to use the Lincoln House as a family residence. Mint. Vaccine billionaire, Cyrus Poonawalla has bought the former maharaja’s mansion in Mumbai from the US government for around 7.5 billion rupees ($113 million), making it the most expensive ever residential purchase in the country. The state government was contemplating buying the Lincoln House - the US Consulate's sprawling property at Breach Candy - but decided against it after considering all the development restrictions. It makes it the largest ever real estate deal in the country’s financial capital. Lincoln House was once the most expensive house in Mumbai. Mumbai Lincoln House marathi news - Get latest and breaking marathi news about Mumbai Lincoln House, updated and published at 24Taas, Zee News Marathi. Coordinates: .mw-parser-output .geo-default,.mw-parser-output .geo-dms,.mw-parser-output .geo-dec{display:inline}.mw-parser-output .geo-nondefault,.mw-parser-output .geo-multi-punct{display:none}.mw-parser-output .longitude,.mw-parser-output .latitude{white-space:nowrap}19°03′54″N 72°52′07″E / 19.06500°N 72.86861°E / 19.06500; 72.86861. Cost: … Shiv Sena-led coalition government too ... Shiv Sena-led coalition government too strong to be affected by allegations: Sanjay Raut. The Lincoln House, a two-acre property on Bhulabhai Desai Road at Breach Candy, was bought by the Poonawalla family for Rs 750 crore in 2015. youtube.com. [2], The consulate was established in 1838. The 2-acre Grade-III property at Breach Candy has a built-up area of around 50,000 sq ft The US government had leased the property from the Maharaja of Wankaner for 999 years for the price of Rs 18 lakh. The property in question is Lincoln House, a two-acre plot in Mumbai’s Breach Candy area, which had been occupied by the US Consulate since 1957. New Delhi: Pune-based industrialist Cyrus Poonawalla has purchased a US government-owned palace property called Lincoln House at Breach Candy in south Mumbai for a whopping Rs 750 crore. Located on around 2 acres of land in posh south Mumbai, Lincoln House housed the US Consulate until 2011. Copyright © Bennett, Coleman & Co. Ltd. All rights reserved. While … Effective 1 July 1945, it was raised to a Consulate General, with Consul General Howard Donovan as the principal officer. From 1957 site, is an erstwhile palace of Maharaja Wankaner: Times Syndication Service Lincoln. For 999 years for the price of Rs 18 lakh government in Mumbai Hill for 425! The deal to purchase the Jatia House property in Malabar Hill for 31! Hill for Rs 31 cro... Mumbai businessman nabbed for Rs 425 crore bought! 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