Under the leadership of Gautam Singhania, the Raymond Group had grown exponentially over the years to become a leading company in India. The group business has diversified into various sectors like textiles, engineering, real estate etc. In the textile sector, Raymond is one of the largest manufacturers of suit fabrics. The company’s engineering division is engaged in the manufacture of automobile components. Meanwhile the real estate division has developed several residential and commercial properties across India. But later the debt of Raymond Group also increased. The total debt is around Rs.2400 crore.
Singhania’s house in Mumbai named JK House is the most expensive house in India after Antilia owned by Mukesh Ambani. The house worth Rs 6,000 crore has many features.
Parking on five floors; A museum in the house
The height of JK House is 145 meters. It is the second tallest private building in India. It is a 30-storey building. . The parking area is arranged in five floors. There is also a helipad. All luxury facilities like spa, gym, home theater etc are now there. The upper floors of JK House are residential units where the Singhania family lives. A museum has also been set up in the house which reminds of the days of the fabric business.
Apart from luxury houses, he also has a large collection of sports cars as he loves racing. Singhania has participated in many car races in India and abroad. There are some records
