Indian Billionaire Shares How He Bought His First Mumbai Flat with Just ₹75,000

First Mumbai Flat with Just ₹75,000: Anil Agarwal, the billionaire founder and chairman of the Vedanta Group, has been sharing snapshots of his life, including his difficult days. Recently, in a comment on X, Agarwal recalled how he went about buying his first house in Mumbai; when he thought about buying a flat, there was only ₹75,000 in his account.

“When I first came to Bombay, I was living near Cotton Exchange near Kalbadevi. My first business partner had a small office there, and that’s where it all began. Life was simple, but my dreams were not. After a lot of hard work and jugaad, I finally dared to think about buying my own flat. Sapne bade the, lekin bank mein sirf ₹75,000 the,” he wrote.

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He then recalled people advising him to buy property in the suburbs since it was "cheaper and more reasonable" but the Vedanta boss was determined to chase "a different dream"—to live in an area where "the top people lived."

“Malabar Hill, near Peddar Road, that’s where I saw myself, because I believed that one day, I would also make it big,” the business tycoon wrote, adding, “I still remember buying my first flat in Navranga Apartment. It was a small 330 sq ft flat, but it felt like my biggest achievement. That house wasn’t just bricks and walls, it was my belief that I was moving in the right direction.”

He added that one thing he has learned in life is this key of "dreaming big and believing in yourself" and then finished his post on X with "Dream it. Believe it. And one day, you will live it."

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How did social media react?

“Very happy to read a motivating story from a successful business leader,” an individual wrote. Another added, “Fantastic and inspiring, thanks Anil ji for sharing!” A third commented, “Wonderful. Motivational Stuff. Thanks for sharing such personal thoughts.” A fourth wrote, “Inspiring Journey. This can be converted to a book/ Movie/Lesson.”

"I have always believed that art has the power to transcend boundaries, unite people, and elevate human experience. Riverside Studios will become a premier global destination for showcasing Indian and global arts and culture,” he said in a statement after the purchase.

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