Rakesh Jhunjhunwala, known as India’s Big Bull, invested Rs 371 crore to create one of Mumbai’s most luxurious private residences. His spectacular 14-storey mansion in Malabar Hill stands as a testament to his incredible journey from investing ₹5,000 in 1985 to building a billion-dollar empire.
Sadly, Jhunjhunwala passed away in August 2022 before he could move into his completed dream home. However, his vision lives on through this architectural masterpiece that perfectly reflects his love for grandeur and family values. In this comprehensive tour, we’ll explore every detail of the Rakesh Jhunjhunwala house from its prime location to its jaw-dropping amenities.
Last Updated: December 2, 2025
Quick Stats: Rakesh Jhunjhunwala House
| Feature | Details |
|---|---|
| Location | BG Kher Marg, Malabar Hill, South Mumbai |
| Acquisition Cost | ₹371 crore (purchased 2013-2017) |
| Estimated Current Value | ₹600 crores |
| Building Type | 14-storey vertical mansion |
| Total Built-up Area | 70,000 square feet |
| Plot Size | 2,700 square feet |
| Height | 57 metres |
| Number of Floors | 14 storeys + basement |
| Bedrooms | 8+ (including master suite & children’s rooms) |
| Parking Spaces | 7 car parking |
| Architects | Aakar Architects and Consultants |
| Year of Purchase | 2013-2017 (construction completed 2022) |
| Current Owner | Rekha Jhunjhunwala (widow) |
| Key Amenities | Infinity pool, gym, spa, home theater, banquet hall |
| View | Arabian Sea, Marine Drive |
Disclaimer: The information presented in this article is based on public reports and media coverage. Property layouts, features, and values may vary or change over time. This article is for informational purposes only and does not constitute real estate advice.
Who Was Rakesh Jhunjhunwala? The Man Behind the Mansion
Born on July 5, 1960, in Mumbai, Rakesh Jhunjhunwala showed early fascination with the stock market, influenced by his father who worked as an income tax officer. Starting with just ₹5,000 in 1985, he built an investment empire through calculated risks and keen market insights.
At the time of his death, he had an estimated net worth of US$5.8 billion, making him the 438th richest person in the world. His landmark investments in companies like Titan, Tata Motors, and Crisil earned him the reputation of a stock market oracle. Beyond his financial acumen, Jhunjhunwala was known for his optimism about India’s growth story and his belief in long-term wealth generation.
Jhunjhunwala married Rekha Jhunjhunwala on 22 February 1987, and the couple had three children. After his passing, his wife Rekha inherited his portfolio and continues managing his legacy. According to Forbes, Rekha Jhunjhunwala is the 28th richest person in India.
Rakesh Jhunjhunwala House in Mumbai: Location & Prestige
The Elite Address: Malabar Hill
Rakesh Jhunjhunwala’s house is situated in Malabar Hill, one of the most prestigious and exclusive neighborhoods in Mumbai, located on BG Kher Marg, South Mumbai. This location offers stunning views of the Arabian Sea, Marine Drive, and the famous Hanging Gardens.
Malabar Hill is renowned for its luxurious homes and tranquil environment, housing some of India’s wealthiest individuals. Jhunjhunwala shares this elite neighborhood with industrialist Kumar Mangalam Birla, real estate mogul Niranjan Hiranandani, and the Ambani family. The area represents the pinnacle of Mumbai real estate, where property values are among the highest in India.
The Journey to Ownership
The story of how Jhunjhunwala acquired this property is fascinating. Jhunjhunwala bought the building called Ridgeway Apartments at Mumbai’s Malabar Hill from Standard Chartered and HSBC, with both banks owning 6 apartments each in the building.
For Rs 176 crore, Rakesh and Rekha Jhunjhunwala purchased seven apartments from Standard Chartered Bank in 2013, and the remaining flats were purchased from HSBC in 2017 for Rs 195 crores. In total, the couple spent ₹371 crore acquiring all 14 apartments in the building, which they then demolished to construct their dream bungalow.
Rakesh Jhunjhunwala House Price: A ₹600 Crore Investment
The total investment in the Rakesh Jhunjhunwala house Mumbai represents one of the most expensive private residences in India. Here’s the breakdown:
- Acquisition Cost: ₹371 crore (to purchase all apartments)
- Estimated Property Value: Around ₹600 crores
- Total Built-up Area: 70,000 square feet
- Plot Size: 2,700 square feet
- Height: 57 metres high, 14 storeys
This massive investment reflects not just the prime location but also the extensive renovation and luxury amenities incorporated into the design. The Rakesh Jhunjhunwala home was designed to be more than just a residence it was meant to be a private paradise for his family.
Architecture & Design: A 14-Storey Marvel
The Architectural Vision
The 14-storey bungalow was constructed by Aakar Architects and Consultants and is built over a 2,700-square-foot plot. The design philosophy was to create a vertical mansion that offered both family togetherness and private retreats.
The building stands as an architectural anomaly in Mumbai while most luxury residences spread horizontally, Jhunjhunwala’s vision was vertical, allowing each floor to serve a specific purpose while maintaining stunning sea views throughout.
Floor-by-Floor Tour
Let’s take a detailed virtual tour of this magnificent property:
Terrace Floor: The Ultimate Entertainment Space
The highlight of the house is the party area on the terrace, with a glass pavilion encompassing a large hall with numerous seating options, including a sizeable multi-seater dining table, a bar counter, a pizza counter, and a kitchen area.
Outside the gazebo is an outdoor seating lounge and a vegetable garden, with the 757-square-foot terrace area offering stunning views of the Arabian Sea. This space was designed for hosting grand celebrations and soirees, with every element planned for entertaining guests in style.
12th Floor: The Master Sanctuary
The master bedroom is on the 12th floor, spread over a 731-square-foot area with marble flooring, a giant bed, an incredible walk-in closet and two dressing rooms.
This floor features a spacious bedroom, two bathrooms, two dressing rooms, an L-shaped living room, and a dedicated study, along with a balcony, pantry, salon, staff room, and bathrooms for the staff.
To put this in perspective: Jhunjhunwala’s master bedroom spreading across 731 square feet is 20% bigger than the average 2BHK sold by builders today. The bathroom alone is reportedly as large as an average 1BHK apartment in Mumbai!
11th Floor: Children’s Paradise
The 11th floor is designated for the children, with two bedrooms on the right side for twin sons Aryaman and Aryaveer Jhunjhunwala, while the left side has one for daughter Nishitha Jhunjhunwala, each with its own attached bathroom.
The floor includes attached terraces, common spaces for living room and study, ensuring the children have everything they need on one dedicated level.
10th Floor: Family Living Space
The tenth floor is dedicated to family space with a large living area, large kitchen, a puja room, and a family dining space with a balcony view. This floor also houses four guest bedrooms, making it the heart of family life and gatherings.
9th Floor: Professional Hub
The 9th floor is set aside for office use, featuring three cabins, two bathrooms, a staff area, and a pantry, functioning as a dedicated workspace for Jhunjhunwala. This allowed him to work from home while maintaining professional boundaries.
8th Floor: Wellness & Recreation
The 8th floor is designed for leisure and relaxation, featuring a gym, massage room, spa, sauna, and bathrooms. This floor was intentionally designed smaller to accommodate the larger infinity pool and deck below.
7th Floor: Aquatic Paradise
Although the pool is situated on the 7th floor, the open-air design of the 8th floor allows for stunning skyline views. The infinity pool offers an unparalleled swimming experience with breathtaking vistas.
6th Floor: Service Area
The sixth floor serves as a service area without any dedicated rooms.
5th Floor: Home Cinema & Entertainment
The 5th floor will have a high-end home theater, a lounge, equipment rooms and bathrooms.
4th Floor: Grand Banquet Hall
On the 4th floor is a banquet hall that the family can use for large gatherings and functions. The floor features two terraces on sides of the banquet hall, ample deck space, an L-shaped kitchen, and double-height ceiling.
Ground to 3rd Floors & Basement
Mid-size rooms, bathrooms and storage areas are on the first, second and third floors. The basement is reserved for parking, with seven parking spaces for the family of five.
Special Features & Amenities
Luxury Amenities That Define Opulence
The Rakesh Jhunjhunwala home comes equipped with:
- Infinity Swimming Pool with panoramic city views
- State-of-the-art Gymnasium with professional equipment
- Spa & Wellness Center including massage rooms and sauna
- Private Home Theater for entertainment
- Professional-grade Office Spaces with multiple cabins
- Grand Banquet Hall for hosting events
- Multiple Balconies & Terraces offering Arabian Sea views
- Vegetable Garden on the terrace
- Bar & Pizza Counter for entertaining
- Prayer Room (Puja Room) for spiritual practices
- Salon for personal grooming
Smart Design Elements
The house showcases thoughtful architectural planning:
- Zoned Living: Each floor serves a specific purpose, from entertainment to wellness to family living
- Vertical Integration: Despite being 14 storeys tall, the design ensures easy flow between floors
- Natural Light: Multiple balconies and terraces ensure every floor is well-lit
- Privacy & Togetherness: The design allows family members to retreat into private spaces while also providing common areas for bonding
Visit Also: Lata Mangeshkar House
The Lonavala Retreat: RARE Villa
Beyond his Mumbai residence, Jhunjhunwala owned another stunning property RARE Villa in Lonavala. This elaborate house for a large family consists of three primary zones, with common areas located in the centre, overlooking the Valley and a swimming pool.
The guest zone in the north comprises 4 guest suites, while the South is dedicated to the family with 3 personal bedrooms. The villa was designed by Nitin Killawala and Sanjeev Doshi of G7 Architects and was completed in 2006.
The villa is built over 1.75 acres with a built-up area of 16,000 sq ft and features 7 bedrooms. Perched atop a hill overlooking the Walvan Dam, the property offers complete seclusion with terraces and viewing decks overlooking the river and dam.
The Lonavala property served as Jhunjhunwala’s weekend getaway, providing a peaceful retreat from Mumbai’s hustle.
Media Coverage & Public Fascination
The Rakesh Jhunjhunwala house has garnered significant media attention over the years. Twitter user Rajiv Mehta posted a video of his sea-facing terrace, which garnered huge eyeballs on the microblogging platform.
The property’s scale and luxury have made it a topic of fascination among real estate enthusiasts and admirers of Jhunjhunwala. While he lived modestly despite his wealth, this mansion represented his dream of providing the best for his family.
Protecting the Legacy: Rekha’s Recent Purchase
After Rakesh Jhunjhunwala’s passing, his wife Rekha has taken steps to preserve the property’s value. Rekha Jhunjhunwala reportedly bought almost all the units of a building in south Mumbai’s plush Walkeshwar Road on Malabar Hill so that there is no obstruction to the vista of the Arabian Sea from her new home.
Rekha purchased a luxury apartment in Rockside Apartments for over Rs 11.76 crore, which is spread over 1,666 sq ft carpet area. This strategic purchase ensures that the RARE Villa’s stunning sea views remain unobstructed, demonstrating the family’s commitment to maintaining their home’s unique character.
Conclusion: A Legacy Written in Architecture
The Rakesh Jhunjhunwala house stands as more than just a luxurious residence it’s a testament to one man’s extraordinary journey from humble beginnings to becoming India’s most celebrated stock market investor. Every floor tells a story of success, family values, and the belief in living life to its fullest.
From the stunning sea-facing terrace to the wellness floors, from the children’s dedicated spaces to the grand banquet halls, this 14-storey marvel reflects Jhunjhunwala’s vision of creating a home where his family could thrive for generations. Though he didn’t live to see its completion, his dream home continues to inspire aspiring entrepreneurs and investors across India.
? Frequently Asked Questions
Where is Rakesh Jhunjhunwala house located?
Rakesh Jhunjhunwala’s main residence is located on BG Kher Marg in Malabar Hill, South Mumbai. This is one of the most exclusive neighborhoods in Mumbai, offering views of the Arabian Sea and proximity to landmarks like Marine Drive and Hanging Gardens.
How much is Rakesh Jhunjhunwala home worth?
The property’s estimated value is around ₹600 crores. Jhunjhunwala initially spent ₹371 crore acquiring all apartments in the Ridgeway Apartments building, which was then demolished to construct the current 14-storey mansion.
Can you visit Rakesh Jhunjhunwala house?
No, this is a private family residence and is not open to public visits. The property remains home to his wife Rekha Jhunjhunwala and their three children.
Who designed Rakesh Jhunjhunwala home?
The 14-storey Mumbai bungalow was designed and constructed by Aakar Architects and Consultants. His Lonavala property, RARE Villa, was designed by Nitin Killawala and Sanjeev Doshi of G7 Architects.
Did Rakesh Jhunjhunwala live in his Mumbai mansion?
Sadly, no. Rakesh Jhunjhunwala passed away in August 2022 before the completion of his dream home. The property is now occupied by his widow Rekha Jhunjhunwala and their children.