This story is from August 1, 2021

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.
Surat diamond baron buys Rs 185 crore building at Worli Sea Face
Representation image
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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About the Author
Yagnesh Bharat Mehta

Yagnesh Mehta is principal correspondent at The Times of India, Surat and reports on crime, politics and health related issues. He has reported on major events that affected Surat in recent years, like the floods in 2006 and bird flu outbreak in Navapur in 2005. He has also covered child labour issues in industries of Surat and on RTI. Painting and rock-climbing are his favourite leisure activities.

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