Yohan and Michelle Poonawalla Acquire Iconic Cuffe Parade Mansion With Plans To Use It As Family Home
Renowned billionaire industrialist Yohan Poonawalla and Michelle Poonawalla, a celebrated philanthropist, entrepreneur, and esteemed authority in design and architecture, have once again made headlines with their latest acquisition. The power couple has added a magnificent mansion, standing on its own sprawling grounds, to their extensive and diverse property portfolio. Located in the highly sought-after and exclusive enclave of Cuffe Parade in South Mumbai, this purchase marks a significant milestone in their ongoing journey of luxury and opulence.
The newly acquired mansion, which spans an impressive 30,000 square feet, is a true architectural gem. Cuffe Parade, known for its collection of grand estates, is one of the most prestigious addresses in Mumbai, with properties in this area typically valued between ₹400-750 crores. The Poonawallas’ acquisition not only solidifies their status among India’s wealthiest families but also highlights their commitment to preserving and enhancing the city’s rich architectural heritage.
Michelle Poonawalla, who helms MYP Design Studio, will personally oversee the mansion’s transformation. With her impeccable taste and creative vision, she plans to convert this historic property into an opulent and modern residence, aptly named the Poonawalla Mansion. The couple intends to use this newly acquired mansion as their secondary residence, with their primary home being the iconic Poonawalla House in Pune.
The Poonawallas are renowned for their discerning taste and penchant for creating unparalleled living experiences. This latest acquisition offers them a rare opportunity to blend historic grandeur with contemporary luxury, resulting in a private sanctuary in the heart of Mumbai. The mansion's expansive layout, featuring grand ground, first, and second floors, as well as breathtaking terraces, provides an extraordinary level of space and privacy—an oasis amidst the bustling cityscape.
Beyond its architectural allure, the mansion will serve as a canvas for Michelle Poonawalla’s passion for art. A distinguished artist in her own right, Michelle is known for her unique painting techniques, which combine traditional oil painting with modern artistic expressions. The new Poonawalla Mansion will be home to an impressive art collection, featuring works by world-renowned artists as well as Michelle’s original creations. This private gallery will undoubtedly be a focal point of the mansion, offering guests an exclusive glimpse into the Poonawallas’ world of art and culture.
In addition to the art collection, the mansion will also house part of Yohan Poonawalla’s vast and prized automobile collection. Yohan, an avid car enthusiast, owns a world-renowned collection of classic and luxury automobiles. This new space will allow him to showcase some of his most treasured vehicles in a setting that complements their historic and aesthetic value.
The Poonawallas’ decision to acquire and restore this iconic Cuffe Parade mansion reflects their deep love for Mumbai and their commitment to preserving the city’s cultural and architectural heritage. By investing in this landmark property, they are not only creating a personal retreat but also contributing to the cultural landscape of Mumbai. Their efforts to maintain and enhance the historic character of the mansion will ensure that it remains a symbol of the city’s rich past while embracing the luxuries of modern living.
This acquisition underscores the couple’s broader vision of integrating luxury, culture, and heritage into their lifestyle. The Poonawallas have long been dedicated to preserving and promoting India’s cultural legacy, and this project is a testament to their enduring commitment. As they embark on the journey to transform this mansion into a family home, the Poonawallas continue to set new standards in luxury living, blending history with innovation in a way that is uniquely their own.
