Gupta Family’s Mansion in Constantia Finally Sold
The Gupta family’s luxurious mansion in Constantia, Cape Town, boasting seven bedrooms and six bathrooms, has been sold, as reported by The South African. Richard Huxham-Hardie from Hardie Property, the exclusive agent in charge of the sale of the property, confirmed to The South African website that a sale had been agreed upon on Thursday, March 2. While the property was listed at R20 million, there is currently no information on the sale price.
The National Prosecuting Authority (NPA) seized the property 2021 and other assets owned by the Gupta family. They bought the property in 2005 for R17 million from Mark Thatcher, the son of former British Prime Minister Margaret Thatcher. A video of the property showed that it had been left vacant for several years, with a green pool, a damaged thatched roof, and interior damage caused by water. Despite the state of the property, Hardie confirmed that it received significant interest from potential buyers, and multiple offers were made.
Photo: Hardie Property