Tag: Ravi Ruia

Indian Businessman Buys London Mansion For Rs 1,200 Crore
Business

Indian Businessman Buys London Mansion For Rs 1,200 Crore

[ad_1] The family office of Ravi Ruia, who co-owns investment firm Essar Group. (File)Indian billionaire Ravi Ruia bought a £113 million ($145 million) London mansion linked to Russian property investor Andrey Goncharenko in one of the UK capital's biggest residential deals in recent years.The family office of Ruia, who co-owns investment firm Essar Group, purchased the Hanover Lodge mansion overlooking Regent's Park at 150 Park Road this month through a sale of the home's Gibraltar-incorporated holding company, according to a person familiar with the matter.The mansion was owned as recently as two years ago by Goncharenko, the former deputy chief executive officer of Gazprom Invest Yug, a subsidiary of the Russian state-run energy firm. He bought the property's outstanding lease in 2012...