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Bhabha's bungalow creates history, goes under hammer for Rs 372 crore

The auction of the 17,550 sq ft property has become the costliest deal in India, after it was sold for Rs 2.11 lakh per sq ft, the highest paid for any real estate

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Despite receiving flak for selling the iconic bungalow where the father of India’s nuclear programme, Homi Bhabha, had once resided, ‘Mehrangir’ went under the hammer for a record-breaking Rs 372 crore on Wednesday, making it the costliest deal per square feet in India. The sprawling 17,550 square foot property at Malabar Hill was auctioned at the National Centre for Performing Arts (NCPA).

The Mehrangir bungalow was once resided by Homi Bhabha, the father of Indian nuclear programme. Pic/Suresh KK
The Mehrangir bungalow was once resided by Homi Bhabha, the father of Indian nuclear programme. Pic/Suresh KK

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