When the dream of ‘Taj Mahal’ broke, he bought a bungalow worth ₹ 1649 crores, who is Pankaj Oswal who lives in controversies?
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1649 crore bungalow
Oswal Kapal has named his luxury bungalow ‘Villa Vari’. He has bought this bungalow as a gift for his two daughters Vasundhara and Ridi. His villa is located in the canton of Vaud in the Swiss village of Villa Gingins, Switzerland. The family living in Switzerland for the last 10 years has shifted to this luxurious palace. The designing of this house has been done by ‘Jeffrey Wilkes’. Jeffrey Oberoi has also designed Rajvilas, Oberoi Udaivilas, Leela hotels. While describing this house, Oswal Kapal had given maximum emphasis on the combination of Indian culture and nature. His villa is spread over 40,000 square meters. Built on the banks of the snow-capped Blank Mountain and the flowing river, this house can fascinate anyone with its beauty. Look at the price, not Surat, this Mumbai bungalow sold for ₹ 220 crores, know who bought it
The dream of building Taj Mahal in Australia was broken
Indian businessman Pankaj Oswal and his wife Radhika have been surrounded by many controversies. Many serious allegations like tax evasion, loan rigging have been leveled against him. In the year 2010, when he was living in Australia, he tried to build a house like Taj Mahal. He started building a Taj Mahal-like bungalow by spending Rs 359 crore on the banks of the river Swad. The bungalow was named ‘Taj Mahal on the Swan’. But the construction of this palace spread over 6600 square meters was stopped in the year 2010. In 2016, an order was given to demolish the building. He was accused of cheating to the tune of Rs 768 crore. His dream of building the Taj Mahal remained unfulfilled. This controversy of Pankaj Oswal was discussed a lot all over the world. The couple later left Perth, Australia and settled in Switzerland. Pankaj Oswal is a well-known Indian businessman. At the same time, his wife Radhika Oswal is also associated with the business family. Born in Ludhiana, Pankaj’s grandfather Lala Vidyasagar Oswal founded the Oswal Group. Pankaj’s father Abhay Kumar Oswal was the founder of Oswal Agro Mills and Oswal Greentech. After studying from Manipal Institute of Technology, he started helping his father in business. After marrying Pankaj, started Barrup Holdings Limited in Australia. His company was among the giants in liquid ammonia production. Oswal is known as a big player in the petrochemical, real estate, fertilizers, mining sectors. Talking about Pankaj Oswal’s net worth only, it is close to $ 3 billion.
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