Raymond-owned JK House up for sale at an over 90% discount
JK House in South Mumbai, owned by textile major Raymond, is being offered at a 90% discount to Chairman Gautam Hari Singhania and his close relatives. The property is touted as the second-tallest private residence after Mukesh Ambani's Antilia. However, proxy advisory firm IiAS has slammed the move as a ârip-offâ, saying it will cost â¹650 crore in opportunity lost.