London: Maharashtra government has given its nod to pay Rs 35 crores to acquire a property where Dr B R Ambedkar lived during his stay here and convert it into a memorial of the architect of India's Constitution.

"The Maharashtra Government has reached a deal to purchase the London house where Dr Ambedkar stayed during his studies at the London School of Economics in 1921-22," Santosh Dass, president of Federation of Ambedkarite and Buddhist Organisations (FABO), UK said in a statement today.