Real Estate
Indian Billionaire Buys Russian-Linked London Mansion for £113 Million
- Billionaire Ruia bought the Regent’s Park property this month
- Sale completed through deal for Gibraltar-based holding firm
Indian billionaire Ravi Ruia bought a £113 million ($145 million) London mansion linked to Russian property investor Andrey Goncharenko in one of the UK capital’s biggest residential deals in recent years.
The family office of Ruia, who co-owns investment firm Essar Group, purchased the Hanover Lodge mansion overlooking Regent’s Park at 150 Park Road this month through a sale of the home’s Gibraltar-incorporated holding company, according to a person familiar with the matter.