Harshad Mehta House in Mumbai Address Price – Investor Mart

The scam has to be done in such a way that it should not look like the work of a scamster but a mind that generates profit.

The 1992 Indian stock market scam that makes Bombay stock exchange with a vibration shooking investors from all over India and the world. The scam causes significant disruption in the stock market and it defrauds millions of investors with over 10 million USD. Mr. Mehta uses techniques that involve corrupt officials and fabrication to drive the price of stocks that reach 40 times the original price. Stock traders made good returns and fraudulently took unsecured loans from the banks. The banks then found themselves holding millions of Indian Rupees. The scam was the biggest money market scam committed in India.

Subsequently, when the scam was unearthed he was jailed for his fraudulent activities but has always been termed the Big Bull of Indian stock exchange. He is known to connect with huge wealth and carries it with an opulent lifestyle. He is the world’s best manipulator of the stock market. He adds an extraordinary story that has turned into a screenplay with a web series and a Bollywood film.

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Gujarat stock market broker Mr. Harshad Mehta also known to be as Mr. Harshad Shantilal Mehta born in Rajkot in 1954. The man adds a modest lifestyle in Gujarat and subsequently moves to Mumbai to finish his schooling. He worked as a salesman for several companies before he relocates to Mumbai, and then joined New India Assurance Limited. After leaving the position in 1980 he joined a brokerage firm where he met Mr. Prasann Pranivandas and gained great knowledge about the stock market. The stock market’s original Big Bull came up after learning from him and then shook the world making the stock market crash.

Houses of Mr. Harshad Mehta in Worli Mumbai

The ultra-wealthy Mr. Harshad Mehta’s Mumbai homes consist of huge eight properties that make the lifestyle look omnipresent for him. His most valuable asset includes the eight properties in Madhuli society which is a posh neighborhood in South Mumbai, Worli. The property adds a stunning two-story apartment which adds with a beautiful view of the sea.

The home includes a billiards room, and mini theatre and connects with many other features. He has a lavish estate that adds upscale features that one could only imagine. To accommodate his family the eight apartments were combined into one. The apartments add a total area of 12,600 sq ft. The mother of Mr. Harshad Mehta owns an apartment in society. He used to live in the house with his mother, son, wife, and son Aatur Mehta. The joint family carries the legacy of Sri Harshad Mehta.

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He has a huge fan base and connects with widespread recognition which makes people drool over him. He even granted the media permission to click pictures in his estate. He owns a fleet of 15 to 20 vehicles. It has imported a Lexus LS 400. He was then the only person to own a Lexus LS 400.

Other houses and office of Mr. Harshad Mehta in Mumbai

The office connects with opulent Worli apartments with a huge array of high-end vehicles. Sri Harshad Mehta’s property portfolio adds two additional apartments within the posh Mumbai location. The property of Mr. Harshad Mehta is located at Vandana CHS on JankiKutir Road. Mehta also owns two apartments Number 202 and 301. The homes are 1150 sqft in size and offer captivating view of sea.

 In addition to his homes, he has Growmore research and assets management with a location in Maker Chambers at Nariman Point, Mumbai. Mr.Harshad Mehta is the owner of this property. Mehta’s office occupies with entire floor and is situated in one of the priciest areas.

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Harshad Mehta Net Worth:

The company once was run by Brothers Ashwin and Mr.Harshad Mehta who was a self-made millionaire. Mr.Harshad Mehta is no longer with us but he has taught the world that to remain positive in life and grow, you don’t have to get wicked, manipulation is enough. Being a manipulator is all about the perfect timing and being a part of a group that owns the business. Showcasing your ability is another big aspect, after all, he did not kill any bird to reach the stupendous height but turned the world upside down and made the money to rule the world.

He is known to have a taste that is all about luxuries and if you think about eight houses connected. This shows that he was a great family man who brought his family together to stay in 8 Residential Apartments that have been joining together. This makes it a good architectural decision which is all about creating a place to look at each other’s interests and stay together. The family once it stays together forms a bond that is never broken by any other and faces the life circumstances with ease. This gives strength and the ability to surpass all difficulties and makes life run with all better things to reach and thus makes you richer.

Some of the unknown facts regarding Mr.Harshad Mehta

• A traditional cloth merchant Mr.Shantila Mehta, Mrs Rasilaben Mehta raised him in a lower middle-class household.

• He was born in Mumbai’s Ghatkopar.

• With the completion of his early education in Ghatkopar, Mr.Harshad Mehta attends Rose Manor Garden School in Santacruz, Mumbai.

• The Mehta family then relocated to Raipur in 1964 as a result of Harshad’s father’s medical issues. He then enrolled in Holy Cross High School with his brother.

• Harshad Mehta’s scam is covered in the book, The Scam: Who Won, Who Loss, who Got Away.

• It is also given prominent importance in Sony Web series Scam 1992. Another Bollywood film based on Mr.Harshad Mehta with actor Mr. Amitabh Bachhan playing the role and comes as Big Bull.

• Harshad Mehta moved to Mumbai in 1973 and took up at his uncle and aunt’s residence.

• He was admitted to LalaLajpatrai College of Commerce in Worli as he was into cricket with outstanding records.

• He connects with two years of employment at New India Asuurance.

• HarshadJi began his full-time career at BSE.

• He and his brother founded Growmore Investments with a tiny partnership in the year 1992.

• Harshad Mehta possesses a 12,000 sq foot Penthouse in Worli and leads with an opulent lifestyle.

• The stock exchange scam is alleged to be masterminded by him. He paid Rs 1 Crore to remove his name from the scam to Mr. P.V. Narsimha Rao to remove his name from the scandal case.

• Harshad Mehta passed away on December 30, 2001, from a heart attack. According to the Mehta family, The Thane Police’s negligence was blamed for the incident.

• Jyoti Mehta, the wife of Harshad Mehta created a website in his honor to defend her husband.

Although Mr.Harshad Mehta is blamed for the stock exchange scam of 1992 he certainly showed the loopholes in the Indian monetary system. He paved the way for creating huge benefits for the investor for the future and now investment is a cakewalk for many Indians who were not aware of the stock market, mutual funds, and many other securities deposits then. This has made the economy more robust but the whistleblower in his scam along with unearthing all details was Miss SuchetaDalal, then with Times of India. Her story exposes Mr.Harshad Mehta’s scam about massive stock manipulation that led to his arrest and conviction.

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