This Mumbai Bungalow Auctioned For 
372 Crore
BANGALORE: The iconic three-storey bungalow, ‘Mehrangir’, of Homi J Bhabha, father of India's atomic energy programme, was auctioned for whopping 
372 crore, making it the most costliest deal in Mumbai.
The sea-facing Malabar bungalow with a built-up area of over 15,000 sq. feet on a 1,593 sq. metro plot surrounds with a beautiful view of sea. However, the auction was conducted according to the provisions of the Bombay Public Trust Act, 1950 and the buyer’s identity was kept under wraps. "As per the request of the winning bidder, the identity will not be disclosed at this stage," NCPA revealed in a release.
Bhabha lived in the house until his death in January 1966, after him his brother Jamshed J. Bhabha was entitled to own the property. Fine arts and culture lover Jamshed looked after the house until his death in 2007. After his death the house went into the custody of NCPA-Homi Bhabha‘s institute.
Although there was a revolt by the employers of the institute for the sale of building, instead of selling they demanded for the conversion of building into an Atomic Energy Museum-A Tribute to Homi Bhabha’s research and analysis in the field of atomic energy. An appeal was made to the high court to scrap the auction but their appeal was discarded. Maharashtra Chief Minister Prithviraj Chavan consented that he will write PM to look into the matter as a primary concern of museum formation.
