Who leased the luxury bungalow in Colaba?

Tata Sons has leased a luxury bungalow in Colaba, Mumbai.

What is the rent and security deposit for the Colaba bungalow?

The lease agreement involves a monthly rent of Rs 17.57 lakh and an interest-free security deposit of Rs 10 crore.

What is the significance of the Colaba bungalow for Tata Sons?

The bungalow, known as 'The Cabins', was previously used by the late Ratan Tata, rekindling a historical association with the Tata family.

Home / Business and Economy / Tata Sons Leases Historic Colaba Bungalow for Ratan Tata

Tata Sons Leases Historic Colaba Bungalow for Ratan Tata

11 Mar

•

Summary

Tata Sons leased a luxury 13,200 sq ft bungalow in Colaba.
The 60-month lease costs Rs 17.57 lakh monthly with a Rs 10 crore deposit.
The bungalow was previously used by the late Ratan Tata.

Tata Sons Leases Historic Colaba Bungalow for Ratan Tata

Tata Sons has secured a lease for 'The Cabins', a luxury bungalow in Mumbai's affluent Colaba area, situated on Shahid Bhagat Singh Road. This action signifies a renewed association with a property historically linked to the Tata family and specifically to the late Ratan Tata.

The expansive bungalow boasts a super built-up area of 13,200 sq ft, encompassing a basement, ground floor, and three additional floors. This makes it one of the larger standalone residential properties available in the desirable Colaba precinct.