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Buying a home in Mumbai?

Most people today can only dream of it. The real estate prices in India’s financial capital are sky-high, making it one of the most expensive cities to live in. Even a tiny apartment in a decent area can cost a fortune. However, decades ago, billionaire Anil Agarwal, the founder and chairman of Vedanta Group, changed this narrative.

Recently, Anil Agarwal took to X to share a heartfelt memory of how he bought his first home in Mumbai. Long before he became a billionaire, he was just a young man trying to make a name for himself.Anil Agarwal, the CEO of Vedanta, shared his story of buying his first flat in Mumbai on Twitter. He said that he bought the flat in Navranga Apartment, Malabar Hill, and that it was a small 330 sq ft flat. 

How did he buy his first flat in Mumbai?

  • Agarwal said he started with a small office near Kalbadevi Cotton Exchange. 
  • He shared a room and bathroom with seven other people in a shared lodge for Rs 21. 
  • He worked hard and believed in himself, and eventually dared to buy his first flat. 
  • He said that he wanted to live where the top people lived, and that he believed he would make it big. 

What did he say about his first flat? 

He said that life is about dreaming big and believing in yourself, and that one should start small, work hard, and never let anyone tell you what you can or cannot achieve.

He said that the flat was his biggest achievement, and that it represented his belief that he was moving in the right direction.

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