Noel De Keyzer of Savills estate agents, who specialises in superprime London properties, said: Bearing in mind that the Mittals have carried substantial improvements since buying it, and that it is probably the largest private house in central London after Buckingham Palace, I would put its current value at close to250million. If your intention is to impress your own citizens and visiting dignitaries, then a grand building on Londons most expensive street can certainly have that effect. All rights reserved. Lakshmi Mittal House in London. The palatial 12-bedroom house, that was bought by business tycoon in 2008, has been put on sale. LONDON: Indian steel tycoon Lakshmi Mittal has decided to sell off his 40-million-pound house on Bishops Avenue here after one of his neighbours got permission to build flats next door. For reprint rights: Times Syndication Service, LONDON: Londons leafy Kensington Palace Gardens home to Indian steel tycoon. Property Market Updates Top editors give you the stories you want delivered right to your inbox each weekday. (UPDATE March 2022:) As storied and famous as this street is, it may not be named Kensington Palace Gardens for much longer. Bought a $128 Million house in London; He sponsored a few Indian Athletes for the Olympics. NOW WATCH: London's riverside pods have been revamped for summer and they received 9,000 bookings in a single day. info); 19 November 1828 18 June 1858), was an Indian queen, the Maharani consort of the Maratha princely state of Jhansi from 1843 to 1853 as the wife of Maharaja Gangadhar Rao. In 2011, Chelsea F.C. Sign up for notifications from Insider! Indian steel tycoon Lakshmi Mittal stepped up and bought the 55,000 sq ft mansion for just over 57 million - a far lower offer than Ecclestone's original asking price of 85 million. Were working with developers, landlords and the Government to recognise high performers and help to improve standards in the built environment. Lakshmi Mittal had bought the property on Palace Green in Kensington for 117 million pounds in 2008 for his son, Aditya. This is rent due to the Crown Estate is it owns the land that the mansion sits on. We also host the following third-party solutions, which may set the following cookies: Google Analytics: _ga, _gat, _gat_UA-
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