A Rs 1,001 cr house for Mr Damani and other marquee realty buys in Mumbai

The reclusive and low-profile person that he is, billionaire investor and entrepreneur Radhakishan Damani seldom likes to be in the news. But the recent Rs 1,001-crore property he along with his brother purchased in the plush Malabar Hill area of South Mumbai — home to the likes of Mukesh Ambani and Ratan Tata — made headlines. Veterans in the property market believe that Damani, the promoter of DMart, might have had his own reasons to go for the country’s most expensive residential property deal besides the snob value of the property. Though property prices cross.....

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