Nirav Modi tracked down in London's Theatre District

Image
ANI Europe
Last Updated : Mar 10 2019 | 4:50 AM IST

London [United Kingdom], Mar 10 (ANI): Wanted diamond trader Nirav Modi was tracked down to the 33-story Centre Point Apartment complex in London's Theatre District.

The tower was an office complex and was converted into luxury residences with prices ranging from £2 million to £55 million all with superb views over the city of London. Modi is believed to be living in a property worth £8 million apartment in the tower, the rent for a similar apartment in the tower comes to approximately £17,000 a month, stated the Daily Telegraph which revealed the news on Friday.

The tower is serviced by its own Tube station - residents only need to walk a few feet from the busy Tottenham Court Road station to enter its lobby.

Besides that, the forecourt of the complex features a number of high-end restaurants and coffee shops easily accessible to residents.

Meanwhile Modi's eponymous store - located on the highly expensive Old Bond Street, home to high-end luxury brands like Rolex and Louis Vuitton - has been shuttered and "permanently closed" according to a sign.

Moreover, Modi is believed to own the four-story building said to be worth tens of millions of pounds and is also believed to have begun a new base of operations in Soho, which is walking distance from his old office and his current residence.

The lobby of the Centre Point complex was crawling with bemused security agents who refused to allow anyone inside the lobby. Modi is now subject to an extradition request by the Indian government to the UK government.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 10 2019 | 1:19 AM IST

Next Story