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Cyrus Poonawalla buys Mumbai's Lincoln House for $105 million

Last Updated: Tuesday, September 15, 2015, 14:00

The US government has sold a former maharaja`s mansion in Mumbai to an Indian billionaire for USD 105 million, the businessman`s son said Monday, four years after it was put on the market.

Cyrus Poonawalla buys Mumbai's Lincoln House for Rs 750 crore

Last Updated: Monday, September 14, 2015, 11:48

In 2011, the US government had set a reserve price of Rs 850 crore for the property, but found few takers.