What for Flipkart CEO paid Rs 32 Crore?

Update: 2016-06-23 13:50 GMT
Flipkart CEO Binny Bansal bought a house worth Rs 32 crore in Koramangala which is known to be the entrepreneurial hub of Bengaluru. This is dubbed as one of the most expensive deals in the Koramangala area.

Reportedly, Binny Bansal took a hefty loan from two private banks to buy this home spread for 10,000 sq ft.

By owning a house in this locality, Binny Bansal became a neighbour of Infosys co-founders Nandan Nilekani & Kris Gopalakrishnan, Rajya Sabha MP Rajeev Chandrasekhar and Narayana Health founder Dr. Devi Prasad Shetty. Even the other Co-Founder of Flipkart, Sachin Bansal already owns a house in this area.

The success story of Flipkart has been an inspiration for Entrepreneurs with big dreams.
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