One of India’s biggest business titans and Tata Sons’ boss, Ratan Tata has always been held as the epitome of class, grace and humility, while steering the fortunes of one of India’s biggest and most reputed business conglomerates. Tata himself is a business tycoon extraordinaire, a seasoned investor, massive philanthropist, passionate aviator and loves his supercars and dogs alike! His retirement home in the posh Colaba locality of Mumbai, is a residence fit for a king.
Ratan Tata’s Mumbai bungalow valuation
Going by estimates, this luxurious residence is worth Rs 150 crores and covers a mammoth 13,350 sq ft across three stories and seven levels. Possibly one of India’s most elegant homes, the ‘Cabins’ retirement home faces the sea at Colaba and the view of the Arabian Sea here is possibly the best in the city, as claimed by several residents. This house was built as a retirement home for Tata, after he stepped down as group chairman of Tata Sons in December 2012.
See also: Sajjan Jindal’s mega mansions in India
Ratan Tata’s retirement bungalow in Mumbai: Key features
- The lavish bungalow has dedicated dining, living and private bedrooms, along with its own state-of-the-art media room and a well-equipped gymnasium.
- The basement can accommodate around 10-12 cars, simultaneously.
- It is only 20 minutes away by car from Bombay House, the headquarters of Tata Sons.
- The top floor has a sun deck, which can house up to 50 people at a time.
- Colonial architectural themes permeate the structure, with its white-coloured ceiling and walls, along with expansive glass windows.
- The three-storeyed house comes with a kitchen, study room, living room and a bedroom on the ground floor.
- The three other floors come with two levels with a level containing a living room and a library, along with three bedrooms.
- The first level has its own media room, personal gymnasium and one bedroom.
- The second level has an infinity pool and a sun deck with a bar and barbeque zone.
- The Colaba post office is just opposite Ratan Tata’s plush bungalow.
- The ground floor is elevated at a few feet from the ground.
Few buildings come close to matching the larger-than-life personality and vision of one of India’s most pioneering, reputed and powerful business tycoons. Ratan Tata’s retirement house in Colaba is supremely fit for a business leader and philanthropist of his stature, providing just the serenity, solitude and tranquil ambience he will require in his post-retirement life.
Also read all about Elon Musk’s real estate assets
The lovely sea view is a major plus point, along with the infinity pool on top, which can be used as a lounge and party zone. This Rs 150-crore bungalow stands proudly in the heart of one of Mumbai’s most posh localities, a fitting residence for an enigmatic personality.
Ratan Tata house : Snippets from the Ratan Tata book
Peter Casey’s book, ‘The Story of Tata: 1868 to 2021’ has been officially released and published by Penguin Random House India. It throws up some interesting anecdotes about Ratan Tata and his lifestyle. Casey has clearly outlined his feelings when he says that Tata’s abode was ‘certainly not the home of India’s richest conglomerate head’. Although ‘Ratan was raised in what amounted to a palace’ in one of India’s richest families, yet, the book reveals that he lived ‘like any professional manager’. Journalist Damian Whitworth even said that all the leading corporate honchos he knew, had lifestyles superior to Tata.
As per the book, Ratan Tata lived in ‘a comfortable flat with a small garden for Tito and Tango his dogs, on the coast a few miles from the Taj Mahal Palace hotel’. This apartment was owned by the Tata Group and would be returned upon his demise. The apartment was clearly that of a bachelor with a love for dogs and reading and not something akin to the lavish abode expected from the head of the biggest business conglomerate in India. Ratan Tata is documented as saying that while he grew up amidst huge wealth, he spent 10 years in the US. Living on the Reserve Bank’s allowances meant that money was never enough and he had to do various jobs, including washing dishes. He also remarked how ‘that sort of thing helps you forget that your family is rich, quite quickly!’
Where is Ratan Tata’s Mumbai bungalow situated?
Ratan Tata’s bungalow is situated at Colaba in Mumbai.
What is the total space covered by the bungalow?
Ratan Tata’s Mumbai home covers a sprawling 13,350 sq ft.
How many storeys does the home have?
Ratan Tata’s Mumbai home has three storeys spread across seven levels.