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The Times of India
The Times of India
National
Yagnesh Bharat Mehta | TNN

Surat diamond baron buys Rs 185 crore building at Worli Sea Face

A leading Surat diamantaire, Savji Dholakia and his family bought a Rs 185-crore residential property at Worli Sea Face in Mumbai. Dholakia’s Hare Krishna (HK) Exports bought the six-storeyed property (Panhar Bungalow) which was previously owned by Essar Group.

The 20,000 sq ft property is registered in the name of Ghanshyam Dholakia, younger brother of Savji Dholakia. The building has around 15 apartments.

“We were looking for some property to accommodate our staff and family members. We bought it from Essar and it is at a location from where our workplace and offices can be conveniently reached,” Dholakia told TOI. The Dholakia family native of Dudhala in Amreli district. The Dholakia family-owned Hare Krishna (HK) Exports has an annual turnover of Rs 7,000 crore from diamond exports and jewellery manufacturing.

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