The agreed upon price for a 25,000 square foot Mayfair mansion is Adar Poonawalla.
According to a Financial Times story, Adar Poonawalla, the CEO of Serum Institute of India, which produces the Covishield vaccine, has finalized an agreement to purchase London’s most costly home of the year, with a price tag of almost ₹1446 crore.
He has committed to shelling out the cash for a 25,000-square-foot Mayfair estate. According to the story, Dominika Kulczyk, the late industrialist Jan Kulczyk’s daughter and Poland’s richest man, has agreed to sell Aberconway House, a 1920s house close to Hyde Park.
According to persons familiar with the transaction, Financial Times, Serum Life Sciences, a UK company of the Poonawalla family’s Serum Institute of India, would purchase the property.
According to the story, the red-brick estate is named for businessman Henry Duncan McLaren, Baron Aberconway, who constructed the Grosvenor Square mansion.
Sources told CNBC that Serum Group has benefited from the business guest house, which is ideal for hosting events and donors’ tech partners. It has also enabled the company access worldwide prospects that would not have been feasible from India.
