WATCH: Sold, for R20m! Crumbling Gupta mansion has a new owner
The Gupta family’s derelict mansion in Constantia, Cape Town has been sold for its asking price: R20 million.
The Gupta house, which was once owned by Mark Thatcher, the son of the former British prime minister, Margaret Thatcher. Picture: Courtesy of Hardie Property
Clarence Ford speaks with Barbara Friedman about this and other stories that are trending online.
Listen to the interview in the audio below.
The infamous Gupta family’s abandoned seven-bedroom, 8105m2 mansion in Constantia in Cape Town has a new owner after standing empty for several years.
The property, which was reportedly uninhabitable, overgrown with weeds, and required major renovations, was sold for the asking price of R20 million.
The recently sold Gupta house, Picture: Courtesy of Hardie Property
“I think R20 million for that property is actually a very good price for the middle of Constantia.”
- Barbara Friedman
A video shared by Hardie Property shows the mansion missing massive portions of the thatch roof, and a sickly green swimming pool.
Scroll up to the audio player to listen to the interview.