Chinese Consulate Leases Subhash Chandra’s Mumbai Bungalow
Rajya Sabha MP, and Chairman Zee Media Subhash Chandra, has let out his Cuffe Parade bungalow to the Chinese Consulate. The agreement was signed on June 29 between Subhash Chandra by his constituted attorney Bhaupatil Arote and Huang Xiang, the Vice Consul, for the Consulate General of The People’s Republic of China. The bungalow can be used by the Chinese Consulate for residential purposes only. The bungalow let out to the Chinese Consulate General in Mumbai is located in Jolly Maker 1, one of the most sort out addresses in the city of Mumbai. The per month rent for the bungalow is Rs 4.90 lakh. The carpet area of the bungalow is 2590 sq ft and the Chinese Consulate will also get to use two covered parking. The rent agreement is for two years starting from July 1, 2020 and ending on June 30, 2022. The Chinese Consulate even paid Subhash Chandra Rs 58.80 lakh via a cheque. This amount includes nine months advance rent and the refundable deposit of Rs 14.70 lakh deposit. The agreement also has a diplomatic clause, which states, “If any decision taken by the Government of the People’s Republic of China or the Government of the Republic of India results in the closure of the office of the Consulate General of the People’s Republic of China in Mumbai at any time during the term (including the Lock-In-Period), the agreement shall stand terminated.
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