https://en.bharatpedia.org/w/index.php?action=history&feed=atom&title=Lincoln_House_%28Mumbai%29Lincoln House (Mumbai) - Revision history2026-08-20T01:25:49ZRevision history for this page on the wikiMediaWiki 1.43.6https://en.bharatpedia.org/w/index.php?title=Lincoln_House_(Mumbai)&diff=229802&oldid=prev103.146.240.13 at 19:30, 5 July 20212021-07-05T19:30:27Z<p></p>
<p><b>New page</b></p><div>{{Use dmy dates|date=February 2019}}<br />
{{Use Indian English|date=February 2019}}<br />
'''Lincoln House''', owned by billionaire [[Adar Poonawalla]], is a 50,000 sq foot heritage property located at 78, Bhulabhai Desai Road,<ref>[https://mumbai.usconsulate.gov/ms07132011.html]</ref> in the [[Altamount Road|billionaires row]] of [[Mumbai]], [[India]].<br />
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==Property History==<br />
A Grade-III listed mansion designed 1933 by British architect [[Claude Batley]],<ref>{{cite news|last1=Babar|first1=Kailash|title=At Rs 750 crore, Lincoln House sold below reserve price|url=http://economictimes.indiatimes.com/wealth/real-estate/news/at-rs-750-crore-lincoln-house-sold-below-reserve-price/articleshow/48950476.cms|accessdate=15 September 2015|publisher=The Economic Times|date=14 September 2015}}</ref> the property was originally built for the [[Wankaner State|Maharaja of Wankaner]], [[Amarsinhji Banesinhji|HH Sir Amarsinhji Banesinhji]] and his son [[Pratapsinhji Jhala]]. From 1957 the property was leased to the U.S. Government and served as the [[Consulate General of the United States, Mumbai|Consulate General of the United States]] in Mumbai. <br />
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In September 2015 it was sold for a reported Rs 7.5 billion (US$ 113 million), to [[Cyrus Poonawalla]], Chairman of the Poonawalla Group, who plans to use the property as a family home. Although selling below the reserve price, the September 2015 purchase was reported as the most expensive residential property transaction in India's history.<ref>{{cite news|last1=Crabtree|first1=James|title=Mumbai's former US consulate sets Indian record for property deal|url=http://www.ft.com/intl/cms/s/0/085b48b4-5af9-11e5-97e9-7f0bf5e7177b.html|accessdate=15 September 2015|publisher=Financial Times|date=14 September 2015}}</ref> However, legal disputes over ownership between the US and Indian governments as well as Maharashtra authorities have held up the sale of the property and ownership has not been transferred as of 2020.<ref>{{cite web |last1=Das Gupta |first1=Moushumi |title=Forget trade deal, ease of doing business, US can’t sell own property in Mumbai for 5 years |url=https://theprint.in/india/governance/forget-trade-deal-ease-of-doing-business-us-cant-sell-property-in-mumbai/368684/ |website=[[ThePrint]] |access-date=3 June 2021 |date=21 February 2020}}</ref><br />
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==References==<br />
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[[Category:Houses in Mumbai]]</div>103.146.240.13