The Hush Post | 9:16 pm | One-minute read |
An Indian billionaire bought a historic building in London and transformed it into a luxurious hotel. The rent for a night stay in the hotel is expected to be around 9 lakh rupees.
Known as the Great Scotland Yard, the building once housed the headquarters of the London Metropolitan Police. It remained the home to the London police for over 60 years.
The police had vacated the building in 1890.
In 2015, Indian billionaire Yousuf Ali Kader bought the building for a whopping 1000 crore rupees. The building was completely renovated. Today a posh hotel has taken its place. The hotel will be inaugurated later this year.
According to media reports, this is one of the biggest investments made in London’s property market in the recent times.
Yousuf Ali Kader has his roots in Kerala and runs a company named Lulu Group in Abu Dhabi. He bought the building from Galliard Homes- a firm dealing in property.
Around 680 crore rupees were spent on transforming the building into a hotel. The hotel has 150 rooms which were once cells used to house criminals. A special bar, parlour and restaurant have been carved out inside the hotel.
The Great Scotland Yard building was constructed in 1829.