Luxury Living: Billionaire Couple Michelle and Yohan Poonawalla's 30,000 sq ft Mansion in Mumbai

Mumbai's real estate market continues to soar as affluent industrialists and billionaires invest in high-end properties across the city.

Mumbai Real EstateLuxury PropertiesBillionaire CoupleMichelle PoonawallaYohan PoonawallaPoonawalla FamilyReal Estate MumbaiAug 11, 2024

Luxury Living: Billionaire Couple Michelle and Yohan Poonawalla's 30,000 sq ft Mansion in Mumbai
Real Estate Mumbai:Mumbai's real estate market is witnessing a surge in luxury property investments by affluent industrialists and billionaires. The latest notable acquisition is by billionaire couple Michelle and Yohan Poonawalla, who have recently purchased a stunning 30,000-square-foot mansion in the prestigious Cuffe Parade area of South Mumbai.

This remarkable property, valued between Rs 400 – 750 crore, will serve as their secondary residence. The Poonawallas' newly acquired mansion spans an impressive 30,000 square feet in the highly sought-after Cuffe Parade neighborhood, known for its exclusivity and luxurious residences.

Michelle Poonawalla's MYP Design Studio will spearhead an extensive renovation of the mansion. The renovation aims to seamlessly blend historic grandeur with modern luxury. The new home will feature dedicated spaces for Michelle to exhibit her extensive art collection, which includes works by renowned artists as well as her creations.

Yohan Poonawalla, born on January 15, 1972, is the chairman of Poonawalla Engineering Group and serves as the director of Poonawalla Stud Farms and Poonawalla Racing and Breeding. He is the son of Zavaray Poonawalla, the co-founder of the Serum Institute of India.

Michelle Poonawalla is a prominent socialite, artist, and philanthropist. Her art, known for its evocative and imaginative qualities, includes notable works such as “Monsoon Magic,” “Born Free,” and “What if You Fly.” Her piece “Introspection” has been exhibited in prestigious galleries in Dubai and London, showcasing her talent on an international stage.

The Poonawalla family's net worth is estimated to exceed $27 billion (approximately Rs 2,26,693 crore). Their substantial wealth reflects their successful ventures in business and their prominent status in India's elite circles.

Yohan Poonawalla's car collection includes vintage and rare vehicles previously owned by Nawabs, the Pope, Maharajas, and other historical figures. His garage features an eclectic mix of customized cars from prestigious brands such as Ferrari, Bentley, Rolls-Royce, Mercedes, and Lamborghini.

In 2023, Poonawalla was honored with the Collector of the Year award at the Geneva International Motor Show. Earlier this year, he made headlines with his purchase of Queen Elizabeth II's highly customized 2016 Range Rover SDV8 Autobiography LWB.

The Poonawallas' luxurious lifestyle and influential status make them one of the most prominent couples in India's elite circles.

Frequently Asked Questions

Who is the billionaire couple that recently purchased a 30,000 sq ft mansion in Mumbai?

Michelle and Yohan Poonawalla

What is the value of the Poonawallas' newly acquired mansion?

Between Rs 400 – 750 crore

What is Yohan Poonawalla's profession?

Chairman of Poonawalla Engineering Group and director of Poonawalla Stud Farms and Poonawalla Racing and Breeding

What is Michelle Poonawalla's artistic style known for?

Evocative and imaginative qualities

What is the estimated net worth of the Poonawalla family?

Over $27 billion (approximately Rs 2,26,693 crore)

Related News Articles

Macrotech Developers Witness 20% Surge in Q1 Sale Bookings to Rs 4,030 Crore
real estate news

Macrotech Developers Witness 20% Surge in Q1 Sale Bookings to Rs 4,030 Crore

Real estate major Macrotech Developers has reported a significant 20% increase in sale bookings to Rs 4,030 crore in Q1, driven by robust housing demand.

July 13, 2024
Read Article
Tirumala Trust Chief Clarifies: Waqf Board Not a Real Estate Company
real estate news

Tirumala Trust Chief Clarifies: Waqf Board Not a Real Estate Company

In response to controversial statements made by Owaisi, the chief of the Tirumala trust has clarified the role of the Waqf Board, emphasizing it is not a real estate company.

November 3, 2024
Read Article
CA India Technologies Extends Lease in Pune's Prestigious IT Hub
Real Estate Pune

CA India Technologies Extends Lease in Pune's Prestigious IT Hub

In a significant move, CA India Technologies Private Limited has extended its office lease in Pune's bustling IT hub. The property, renowned for its state-of-the-art facilities, includes ample parking for both four-wheelers and two-wheelers, reflecting th

December 11, 2024
Read Article
Mumbai's Lavish Real Estate: Triplex Apartment Sells for ₹99 Crore in Bandra Kurla Complex
Real Estate

Mumbai's Lavish Real Estate: Triplex Apartment Sells for ₹99 Crore in Bandra Kurla Complex

Mumbai's luxury real estate market has seen a surge in high-value property transactions since 2025. One of the most notable deals was the sale of a triplex apartment in the Bandra Kurla Complex for a staggering ₹99 crore.

January 16, 2025
Read Article
9 Sky View Residences Acquires 3 Luxurious Apartments at Rustomjee Elements, Juhu for ₹98.58 Crore
Real Estate Maharashtra

9 Sky View Residences Acquires 3 Luxurious Apartments at Rustomjee Elements, Juhu for ₹98.58 Crore

In a significant real estate transaction, 9 Sky View Residences Private Limited, led by Director Sujata Agarwal, has acquired three luxury properties at Rustomjee Elements, Juhu, for ₹98.58 crore. This deal highlights the growing demand for premium living

March 11, 2025
Read Article
Marathwada Grappling with Severe Water Crisis; Divisional Commissioner Mandates Priority Tanker Supply
Real Estate Pune

Marathwada Grappling with Severe Water Crisis; Divisional Commissioner Mandates Priority Tanker Supply

Marathwada, a region in Maharashtra, is currently facing a severe water crisis, leading the divisional commissioner to order priority water tanker supply to the most affected areas. This article delves into the ongoing crisis, the measures being taken, and the challenges faced by the local population.

April 24, 2025
Read Article