Rediff India Abroad
 Rediff India Abroad Home  |  All the sections


The Web

India Abroad

Sign up today!

Get news updates:
Mobile Downloads
Text 67333
Article Tools
Email this article
Top emailed links
Print this article
Contact the editors
Discuss this Article

Home > India > Business > PTI > Report

Mittal to buy London's costliest house for son

May 23, 2008 17:45 IST

NRI steel tycoon Lakshmi Mittal is likely to buy the costliest mansion in London, worth 117 million pounds ($230 million), for his son Aditya.

The Property on Palace Green, one of the most expensive houses in the world, is close to Kensington Palace Gardens where Mittal has a mansion worth 57 million pounds, The Sun, a tabloid reported on Friday.

According to The Sun, Mittal is close to exchanging contracts with owner Noam Gottesman, a US-born financier.

The 32-year-old Aditya, chief financial officer of the ArcellorMittal, has been searching for a property near Mittal's house. 

The world's most expensive house

© Copyright 2008 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.