A house for Mr & Mrs Roy for Rs 270,000,000


From The Insider column in the Indian edition of Forbes:

“We hear that that grand old titan [of Indian steel], Russi Mody, is selling his two-storied bungalow on Calcutta’s tony Belvedere Road. Apparently he has a lifetime interest in the property, and it will change hands only after he passes on.

“One of our avian friends tells us that the Roys of NDTV are close to finalising a deal, for around Rs 27 crore.

Prannoy Roy doesn’t have much of a connection with the City aside from his Bengaliness, but Radhika Roy grew up there. Perhaps that will be their retirement home? Not that we’re expecting them to be putting up their feet anytime soon. After all Mr. Mody, despite the legendary 16-egg breakfasts, is in robust health. Prannoyda, we’re sure you’ll join us in wishing you a long wait!”

For the record, Forbes India is published by Raghav Bahl‘s Network 18 which competes with NDTV’s news, business and lifestyle channels.

Photograph: courtesy Queen Mary University of London

Also read: 26% of India’s most powerful are media barons

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