Tuesday, August 19, 2025

Mukesh Ambani Gifts Property Worth Rs 1500 Crore to Employee

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As India’s richest person Mukesh Ambani has gifted his Longtime Employee Manoj Modi a new home worth Rs 1500 crore.

Manoj Modi and Mukesh Ambani have been friends since their time studying together at Mumbai’s University Department of Chemical Technology. A well-known saying, “Hard work always pays off, whatever you do” has been true for Manoj Modi.

Property Details

In accordance with magicbricks, It is a 22-story building named ‘Vrindavan’. It is located on Mumbai’s Nepean Sea Road. The Estimated price of the Manoj Modi house in the Nepean Sea is Rs 1500 crore.

The total area of the new building is 1.7 lakh square feet, including a space of 8,000 square feet on each floor.

Who is Manoj Modi?

Manoj Modi currently working as a Director at Reliance Retail and Reliance Jio. He holds a bachelor’s degree in Chemical Engineering.

He has handled large-scale projects of Reliance like the Hazira petrochemical complex, the Jamnagar refinery, Reliance Retail, and the 4G rollout. 

Additionally, as per the reports of the Financial Express, he closed several multi-million dollar deals for Reliance including Jio’s Rs 43,000 crore deal with Facebook in 2020.

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Sheenu Pradhan
Sheenu Pradhanhttps://sightsinplus.com/
Sheenu Pradhan, Editor Content, SightsIn Plus. She has over 8 years of experience in human resources. Prior to this, she has been associated with Wictor Chemicals India, Wipro, and Shakti Plas Industry.