Ratan Tata Properties: Will this become the real heir of Ratan Tata’s property? Everyone was stunned to hear the name.

Ratan Tata’s property is divided according to principles, most of it is donated, know what his dear friends and family will get

Ratan Tata Properties: Ratan Tata left behind a huge business legacy, which is now being handled by Noel Tata. Tata Group has found its successor but now the big question is who will get Ratan Tata’s property. Meanwhile, news has come that there are names of many people in Ratan Tata’s will, among them the name of Shantanu Naidu, who was his assistant till the last days, is also included. Apart from this, it has also been told who will get his shares in various companies of Tata Group. Ratan Tata’s biggest property is his stake in the group’s companies. Apart from this, he has a bungalow, car and other properties which are mentioned in his will. Let us tell you which people or institutions will get Ratan Tata’s property

maintaining a great tradition

In keeping with the Tata Group’s tradition of donating shares to charitable trusts, Ratan Tata’s stake will be transferred to the Ratan Tata Endowment Foundation (RTEF). According to a TOI report, sources say Tata Sons chief N Chandrasekaran may chair the RTEF.

Who will get the bungalow?

Halekai House in Colaba, where Ratan Tata lived till his last days, is owned by Ewart Investments, a 100% subsidiary of Tata Sons. Its future will be decided by Ewart. Ratan Tata designed both Halekai House and the Alibaug bungalow, but there is no clarity on the Alibaug property.

The house in Juhu, Mumbai’s seaside resort, was inherited by Ratan Tata and his family – brother Jimmy, half-brother Noel Tata and stepmother Simone Tata – after the death of their father Naval Tata. Sources say it has been on the list of buyers for over 20 years and has been on the list for sale.

The property will go to RTEF

Apart from the shares of Tata Sons, Ratan Tata’s stake in other Tata Group companies including Tata Motors will also be transferred to RTEF. Established in 2022, RTEF is a non-profit organization.

Ratan Tata had a collection of 20-30 cars, which is currently housed at the Halekai residence and the Taj Wellington Mews service apartment in Colaba. The future of this car collection is under consideration, including putting it on display in a Pune museum or acquiring or auctioning it by the Tata Group.

What did Ratan Tata leave for his assistant Shantanu?

Ratan Tata’s will also names his executive assistant, Shantanu Naidu. Ratan Tata gave up his stake in Naidu’s joint venture, Goodfellows, and he forgave the personal loan Naidu had taken for overseas education.

Who will get Ratan Tata’s property worth 10,000 crores? Know what is in the unique will based on ‘principles’?

Ratan Tata: After the death of Ratan Tata, there has been a lot of discussion about his property and will. This question is arising in the minds of many people that who will get Ratan Tata’s property after his death? In such a situation, know here who will get the share?

Who will get Ratan Tata's property worth 10,000 crores? Know what is in the unique will based on 'principles'?

Ratan Tata property: Former Tata Group chairman Ratan Tata left behind a huge business legacy, which is now being handled by Noel Tata. Tata Group has found its successor, but who will get Ratan Tata’s property now? This is a big question. However, Ratan Tata has given the responsibility of his will to four people, which also includes the name of executive assistant Shantanu Naidu. In such a situation, you can know here who will get his shares in various companies of Tata Group? Apart from this, who will get his bungalow, car and other properties?

Let us tell you that Ratan Tata has left behind assets worth about Rs 10,000 crore. He has given the responsibility of implementing his will to four people. In his will, he has left property for the ‘unlimited’ care of his German Shepherd dog Tito. Actually, Tito was adopted by Ratan Tata five-six years ago. He has given the responsibility of taking care of it to his cook Rajan Shaw. The will includes the name of his butler Subbaiah who was associated with Ratan Tata for three decades.

Ratan Tata kept the great tradition alive

Tata Group has a tradition of leaving shares to charitable trusts. Keeping this tradition in mind, Ratan Tata’s stake will be transferred to Ratan Tata Endowment Foundation (RTEF). According to a TOI report, Tata Sons chief N Chandrasekaran may chair RTEF.

Apart from the shares of Tata Sons, Ratan Tata’s stake in other Tata Group companies will also be transferred to RTEF. Let us tell you that Ratan Tata had invested through RNT Associates and RNT Advisors. This investment will be sold and the money received from it will be given to RTEF.

Names of brother Jimmy, step sister and house staff included

In fact, Ratan Tata has made his foundation, brother Jimmy Tata, step-sisters Shirin and Diana Jeejeebhoy, house staff and others shareholders in his property. Tata’s property includes a two thousand square feet bungalow in Alibaug, a two-storey house in Juhu, Mumbai, FD of Rs 350 crore and 0.83 percent stake in Tata Group’s holding company Tata Sons.

Ratan Tata lived in Helkai House in Colaba till his last days. It is owned by Ewart Investments, a 100% subsidiary of Tata Sons. Ewart will decide its future. Helkai House and Alibaug bungalow were designed by Ratan Tata. However, the matter is not clear yet about the Alibaug property.

Shantanu Naidu got this in the will

Ratan Tata’s executive assistant Shantanu Naidu’s name is also in the will. Tata has given up his stake in Naidu’s venture Goodfellow. He has also waived off Shantanu’s personal loan taken for his education abroad.