The family of the owners of Maharashtra Hybrid Seeds Company (Mahyco) has sold a sea-view rental in south Mumbai’s Malabar Hill. The price of the 9,546 squarefeet house is around Rs 122 crore. The director of the enterprise, Rajendra Barwale, his spouse and son bought the residence on Walkeshwar Road.
They offered the house from Lodha’s enterprise Macrotech Developers. The residence is 1,28,000 in keeping with square toes. It is on the second one ground of a constructing called Lodha Malabar. The family may also get six automobile parking slots. The circle of relatives paid Rs 7.33 crore as stamp obligation. The place of the tower is 1.08 acre. It can be completed by means of June 2026.
The company is understood for its excessive-yielding and cheap seeds. It additionally sold BT Cotton to India in 2002. The employer was founded in 1964.
Rajendra Barwale was born to farmer Badrinarayan Ramulal Barwale. Late BR Barwale was seemed as the daddy of the Indian seeds industry. He revolutionised farming practices by means of generating high-yielding, reasonably priced seeds.
BR Barwale started farming on his family’s land inside the Nineteen Fifties. He invented better performance seeds and commenced to sell them at an less costly price. He acquired Padma Bhushan Award in 2001. He surpassed away in 2017.
Rajendra Barwale studied agriculture at GB Pant University of Agriculture and Technology, Pantnagar, Uttarakhand.
He has been the Managing Director of the country for over 30 years.
He is a member of the Joint Apex Committee of the IndoSwiss collaborations on Biotechnology. He is also a member of the Protection of Plant Varieties and Farmers’ Rights Authority.
