In Indian currency, that's an eye-popping Rs 401.88 crores! The store, named Rhythm House, has a rich history but closed its doors in 2018. It was previously owned by none other than Nirav Modi ...

Mumbai: The iconic landmark Rhythm House has gone down the hammer under the insolvency auction with the new owner acquiring the SoBo haunt in the cultural and heritage precinct of Kala Ghoda.