Billionaire Gautam Singhania’s wife demands 75% share in his property worth Rs 11,600 crore after divorce
News of separation between billionaire Gautam Singhania and Nawaz Modi’s wife. The divorce report of Indian billionaire Gautam Singhania and his wife Nawaz Modi Singhania has been in the news for the last few days. Meanwhile, a report has claimed that billionaire Gautam Singhania’s wife has set a big condition to end the relationship. He has demanded 75 percent of the property.
Nawaz Modi placed this condition!
According to a report, Nawaz Modi Singhania has demanded 75 percent of the property of Gautam Singhania. He said that this part will be for daughters Niharika, Nisha and him. It is noteworthy that for the last few days, there is talk of divorce of the wife of veteran businessman and billionaire Gautam Singhania.
Is the owner of property worth Rs 11620 crore
According to the report, Gautam Singhania has agreed to give 75 percent of his property worth Rs 11,620 crore to his daughters and wife. He has asked to form a family trust to transfer these funds. The property and assets of the Singhania family will be transferred to this trust. However, the report quoted sources as saying that Gautam wanted to be allowed to bequeath his property to his family members after his death, but his wife Nawaz was not allowed to do so.
When did the controversy come to light?
Let us tell you that Raymond Group Chairman Gautam Singhania has once again come into controversy regarding his wife. The matter came to light when Gautam Singhania hosted a Diwali party at his Raymond Estate in Thane near Mumbai on the day of Diwali, but his wife Nawaz Singhania was not allowed entry into the party.
Announced separation on November 13
Gautam Singhania, 58, married Nawaz Modi, daughter of solicitor Nadar Modi, in 1999. On November 13, Singhania had made an emotional post on the divorce debate. He said that both of them have decided to go their separate ways.