• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Friday, May 16, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home News

Tata Chief Chandrasekaran Purchases House on Peddar Road Worth 98 Crores

by Vishvas Narayan
May 8, 2022
in News, Popular
Reading Time: 2 mins read
0
N Chandrasekaran by News18
TwitterWhatsappLinkedin

Mr. N Chandrasekaran, the Chairman of Indian Conglomerate, Tata Group has just purchased a house for him and his family worth a staggering Rs. 98 crores. The house is a duplex apartment part of luxurious and top end condominium located in Peddar Road; the affluent area situated in the southern part of Mumbai.

You might also like

Google’s Android 16 Update to Make Stolen Devices Unusable and Unsellable

Adani Terminates Partnership with Turkish Firm Çelebi at Mumbai and Ahmedabad Airports

Everything That Happened on Trump’s Recent Visit to Qatar

The house sits on the 11th and 12th storey of the building and spans an area roughly of 6000 square feet. Mr. Chandrasekaran along with his family have already been residing in that house for the past five years, since 2017, as they paid an agreed amount of monthly rental worth around Rs. 20 lakhs.

N Chandrasekaran By India Today

The rate of the building breaks down to close to Rs. 1.7 lakh per square feet which automatically puts it out of budget for almost every Indian. The house was finally officially registered just a few days ago under his name along with his wife’s name Lalitha and their son, Pranav.

The sale was done by Jivesh Developers, a real estate company that deals with the best and most luxurious properties in the country.

Mr. Chandrasekaran has a long history with Tata, as he joined Tata Consultancy Services 35 years ago back in 1987. He worked his way up and in 2009, he became the company’s chief executive officer.

He also took up roles as the chief operating officer and executive director of Tata Consultancy services before he took up the role as chairman of the conglomerate. With Mr. Chandrasekar at the helm of Tata Consultancy Services, the company earned a revenue of $ 16.5 billion USD for the financial year of 2015-16. It also had the honour of being the largest hirers in the private sector in India under him.

Mr. Chandrasekaran’s purchase of his new house took place just a few days after he signed a new and improved contract with Tata keeping him tied to company for the next half decade. For the financial year of 2021-22, he earned a total income of around Rs. 91 crores making him one of the highest earning and successful top executives of the country.

In spite of Shapoorji Pallonji (SP) family who own 18.4% of Tata, abstained in the voting of rehiring Mr. Chandrasekaran, he was still able to garner enough votes which was pretty much unanimous by the other voters to extend his stint with the company. It is clear that Tata values him very highly and rightly so.

Tags: #NChandrasekaran#RealestateTata
Tweet54SendShare15
Previous Post

Apple’s Director of Machine Learning Resigns Due to Return-to-Office Work policy

Next Post

Jet Airways CEO States Things to Avoid for Airline Companies

Vishvas Narayan

Recommended For You

Google’s Android 16 Update to Make Stolen Devices Unusable and Unsellable

by Rounak Majumdar
May 16, 2025
0
Google’s Android 16 Update to Make Stolen Devices Unusable and Unsellable

In order to make stolen Android devices almost unsellable, Google plans to implement a major security improvement with the upcoming Android 16 version. One of the strongest anti-theft...

Read more

Adani Terminates Partnership with Turkish Firm Çelebi at Mumbai and Ahmedabad Airports

by Rounak Majumdar
May 16, 2025
0
Adani Terminates Partnership with Turkish Firm Çelebi at Mumbai and Ahmedabad Airports

Adani Airport Holdings has formally terminated its collaboration with Çelebi, a Turkish aviation services provider, at Sardar Vallabhbhai Patel International Airport (SVPIA) in Ahmedabad and Chhatrapati Shivaji Maharaj...

Read more

Everything That Happened on Trump’s Recent Visit to Qatar

by Thomas Babychan
May 16, 2025
0
Everything That Happened on Trump’s Recent Visit to Qatar

President Donald Trump’s state visit to Qatar on May 14 marked a milestone in U.S.-Gulf relations. It was the first time a sitting American president made an official...

Read more
Next Post
Sanjiv Kapoor by NewsBytes

Jet Airways CEO States Things to Avoid for Airline Companies

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?