Manoj Modi, Reliance Chairman Mukesh Ambani’s ‘right hand’, received a lavish 22-story building in an upscale Mumbai neighbourhood. Discover more about Manoj Modi the man, his home, its address, and more.
The new home of Manoj Modi (a Reliance employee) is a living testament to the above quote. Mukesh Ambani, India’s richest businessman and Reliance’s Chairman and Managing Director, recently gifted a 22-story building to his longtime employee Manoj Modi. This house is in one of Mumbai’s posh areas. Read the blog to learn all about the new Manoj Modi house, as well as more about Manoj Modi and the inside story of his friendship with Mukesh.
Facts about Manoj Modi House
| Particulars | Details |
| Who is Manoj Modi | Manoj Modi currently serves as a director at Reliance Retail and Reliance Jio. |
| Manoj Modi house address | Nepean Sea Road, Mumbai |
| Name of Manoj Modi House | Vrindavan |
| Floors in Manoj Modi House | 22 floors |
| Area of Manoj Modi House | 8,000 square feet, and the building has a total area of 1.7 lakh square feet. |
| Manoj Modi house designers | Talati & Partners LLP; some of the house furniture is sourced from Italy. |
| Car parking space at Manoj Modi House | First seven floors are reserved for car parking |
| Estimated price of Manoj Modi house in Nepean Sea | Rs 1500 crore |
| Major projects of Manoj Modi | Reliance’s large-scale projects include the Hazira petrochemical complex, the Jamnagar refinery, its first telecom business, Reliance Retail, and the 4G rollout. |
| Education of Manoj Modi | He has a bachelor’s degree in chemical engineering. |
| Family members of Manoj Modi | He lives together with his family and two daughters. |
House Address of Manoj Modi
Mukesh Ambani, the Chairman and CMD of RIL, has gifted a 22-story building rather than an apartment or duplex. This building is now Manoj Modi’s new home, and it is located in Mumbai’s premium neighbourhood on Nepean Sea Road.
JSW Group Chairman and Managing Director Sajjan Jindal also lives on Nepean Sea Road, in the sea-facing Maheshwari House, which he bought for Rs 400 crore in 2011. Nepean Sea Road is a posh neighbourhood near Malabar Hill in South Mumbai. The area is well-known for its lush green spaces, social infrastructure, and first-rate amenities.
Nepean Sea Road is a posh neighbourhood near Malabar Hill in South Mumbai. The area is well-known for its lush green spaces, social infrastructure, and world-class amenities. As the name implies, the site is surrounded by sea on three sides.
Manoj Modi House Price
Manoj Modi’s new home costs Rs 1500 crore (source: The Global Realty). The building has a total area of 1.7 lakh square feet, with each floor covering 8,000 square feet.
The residential properties on Nepean Sea Road typically cost between Rs 45,100 and Rs 70,600 per square foot.
Who is Manoj Modi of Reliance?
Manoj Harivanjan Modi, 55, is a Gujarati-born businessman. He is currently a Director at Reliance Retail and Reliance Jio and is not related to Prime Minister Narendra Modi. This devoted employee works for billionaire Mukesh Ambani. He is mostly unknown to the general public, but few people outside of the country recognise him by name because he has been the driving force behind numerous business transactions.
Manoj Modi and Mukesh Ambani’s Relationship
Mukesh Ambani and Manoj Modi have been close since they were in college. Mukesh and Manoj studied engineering together at the University of Bombay (now the University of Mumbai). Both of these businessmen have bachelor’s degrees in chemical engineering.
Manoj Modi joined Reliance Industries Limited (RIL) in 1980, having previously worked with three generations of the Ambani family—Dhirubhai Ambani, Mukesh and Nita Ambani, and the next generation, which includes daughter Isha Ambani and sons Akash and Anant Ambani. In 2007, Manoj Modi, also known as MM in RIL’s hallways, was named Director.
Manoj Modi Family
Manoj Modi is a very private person who does not use social media platforms like Instagram, Twitter, or LinkedIn. MM’s family consists of a wife and two daughters. There is little information available about his family.
Education of Manoj Modi
Manoj Modi, Mukesh Ambani’s close aide, attended high school in Gujarat. He later moved to Mumbai to study engineering. He earned a bachelor’s degree in chemical engineering from the University of Bombay (now Mumbai). He later joined Reliance Industries and has remained with the company ever since.
The New House of Manoj Modi
Manoj Modi, Reliance’s biggest anchor, received a 22-story building as a gift. The house has been named Vrindavan. MM lives with his wife, two daughters, and their spouses. We delve into more details about Manoj Modi’s lavish home.
The designers of the new Manoj Modi house
Leighton India Contractors Private Limited, a construction company that manufactures commercial and residential building services, built Manoj Modi’s Vrindavan house. Talati & Partners LLP, with over 50 years of experience, designed the house’s interiors.
The furniture in the house came from Italy. To give the gifted house a more personal touch, Nita Ambani and Mukesh Ambani have chosen some special pieces.
Floor Plan of the Manoj Modi House
The building has 22 floors, with the 19th and 21st floors converted into a penthouse for Manoj Modi’s family members. MM and his wife would live in the penthouse. The 16th, 17th, and 18th floors are reserved for Modi’s older daughter Khushboo Poddar and her family. Her family consists of her husband Rajiv Poddar, father-in-law Arvind, and mother-in-law Vijayalakshmi Poddar. Balkrishna Industries Limited (BKT) is owned by the Poddar family, the in-laws of Manoj Modi’s daughter.
The 11th, 12th, and 13th floors are reserved for Manoj Modi’s younger daughter, Bhakti Modi. According to reliable sources, Bhakti Modi is a designer. The younger daughter of MM works at Reliance Retail alongside Isha Ambani, Director of Reliance Jio and Reliance Retail.
Interesting fact: Mukesh and Neeta Ambani hosted a party to celebrate Manoj Modi’s younger daughter Bhakti Modi’s wedding to Tejas Goenka. The celebration also included a Manish Malhotra fashion show and stunning performances by Sonakshi Sinha and Sophie Choudry. The Kapoor family also attended the event.
Manoj Modi is a hard worker who has proven himself at Reliance Industries Limited over the years. This man believes in working hard and giving it his all, so he has decided to set up his home office on the 14th floor of the building.
In-house Medical Facility at Manoj Modi House
The Manoj Modi House will have an in-house medical facility on the 15th floor. The family has also decided to establish an Intensive Care Unit (ICU). The Pooja room is located on the same floor.
The Infinity Pool
An infinity swimming pool that resembles the Arabian Sea has been built on the terrace of the Manoj Modi house!
Entertainment at MM’s House
Three floors of the building–the eighth, ninth, and tenth–are reserved for entertainment. These floors have all of the amenities, including a gym, spa, theatre, formal meeting rooms, and more. A theatre seats 50 people.
Manoj Modi House: Parking Space
The first seven floors of the house are dedicated to car parking. Manoj Modi appears to own a large number of cars. It appears that Vrindavan (MM Abode) is no less than Antilia.
Staff at Manoj Modi House
The new Manoj Modi house will provide many job opportunities. It will employ approximately 175 people, including a chef, butler, manager, security guards, house cleaners, and so on. Modi’s security has been enhanced with cutting-edge security systems designed by an Israeli company. Safety is one of the most important aspects of living in this house.
Manoj Modi Net Worth
Manoj Modi’s net worth and salary are not known to the public. However, we can assume that he is paid well because he is a director at RIL and, more importantly, he is Mukesh Ambani’s right hand, with a net worth of USD 9,650 crores.
Manoj Modi’s Reliance Achievements
Manoj Modi is well-known for his humble demeanour and strong negotiating skills. He has served as a rainmaker for Reliance Industries Limited (RIL) on multiple occasions. Even during India’s Coronavirus lockdown, Reliance Jio made headlines for signing a USD 5.7 billion deal with Facebook. The core team behind this deal included Akash Ambani, Mukesh Ambani’s son Manoj Modi, Anshuman Thakur, Jio’s strategy head, and Pankaj Pawar, group president, supply chain. Facebook acquired a 99.9% stake in Reliance Jio, attracting additional investors such as Silverlake, Vista, General Atlantic, KKR, Mubadala, Adia, TPG, and L Catterton. These investments totaled Rs 102,432.15 crore.
“The collaboration between Jio and Facebook will help realise Prime Minister Narendra Modi’s ‘Digital India’ Mission, which has two ambitious goals: ‘Ease of Living’ and ‘Ease of Doing Business’ for all Indians. In the post-Corona era, I am optimistic about India’s economic recovery and resurgence in the shortest amount of time. “The partnership will undoubtedly contribute significantly to this transformation,” said Mukesh Ambani, Chairman and Managing Director of Reliance Industries Ltd.
The man-right hand of Ambani- is rarely visible in public, but he runs the show from behind the scenes. The most important decisions are made in his presence; he is known for closing complex deals.
In one of his few interviews (he rarely gives interviews), Manoj Modi stated, “I don’t understand strategy. Internally, people know I don’t have a vision. I work with our internal employees, coaching, mentoring, and guiding them on how to accomplish tasks.”
Budget Airlines – Air Deccan was sold to Reliance in 2010, and Manoj Modi was the man behind the deal. G.R Gopinath, the founder of Air Deccan, stated, “He derives his power in the organisation not only from his loyalty, but also from his very astute, smart, and able negotiating skills for Reliance Industries. Significantly, despite lacking formal education from Ivy League universities, he possesses a razor-sharp mind, rare insight, and native genius for grasping modern technology in the Indian context.
Manoj Modi has previously owned houses.
Manoj Modi, the director of Reliance Jio and Retail, sold two Mumbai apartments in 2022. The flats cost Rs 41.5 crore, according to the registration document. Both apartments are located in Raheja Vivarea, Mahalaxmi. One flat was on the 28th floor and spanned 2,597 square feet. The buyer paid Rs. 20.5 crore for the same flat. Another flat, on the 29th floor, cost the buyer Rs 21 crore.
The buyer paid Rs 1.23 crore in registration fees and Rs 1.26 crore in stamp duty for the 28th-floor apartment. A buyer on the 29th floor would have paid the same price. However, the exact figures have yet to be discovered. Both buyers will have access to two parking spaces.
Role of Manoj Modi’s Daughter in the Reliance Group
Manoj Modi has two daughters, one of whom is named Bhakti Modi. Bhakti Modi is known as Isha Ambani’s right hand, while Manoj Modi is Mukesh Ambani’s right hand. Bhakti Modi and Isha Ambani Priamal have been working together for nearly a decade. According to media reports, Bhakti Modi oversees execution and strategy for Tira, Reliance Group’s new omnichannel beauty retail platform. Bhakti Modi is a co-founder of Tira. Ms Modi also works with Reliance Brands CEO Darshan Mehta and serves on the boards of Thoughtful Advisors and Tally Solutions.
Overview of Manoj Modi’s Success Story
Manoj Modi, 65, stands out as Mukesh Ambani’s key right-hand man. Their friendship began in engineering school, and it grew into a long-term partnership. Modi now plays key roles as Director at Reliance Retail and Reliance Jio, where he uses his Chemical Engineering expertise to guide Reliance Industries Limited’s strategy and finances. He has helped RIL become a major player in the Indian and global markets.
Modi’s role at RIL extends far beyond office work. He has led some of the company’s most significant projects, including the Hazira petrochemical complex, the Jamnagar refinery, and the game-changing launch of Reliance Jio. His ability to negotiate and complete projects has been critical to Reliance’s expansion in a variety of areas, including phone services to shopping
The extraordinary gift of a 22-story high-end apartment building demonstrates Ambani’s admiration for Modi, as well as Reliance Industries’ value and reward for loyalty.
Concluding Manoj Modi House
Manoj Modi’s loyalty and honesty have earned him the ownership of a 22-story building worth Rs 1500 crore. It is a gift from one of the world’s wealthiest businessmen, Mukesh Ambani, who owns Reliance. Manoj Modi’s house is no less than Mukesh Ambani’s dream house, Antilia.
