Nawaz Modi and Gautam Singhania. (Photo: Instagram/ Gautam Singhania)
Gautam Singhania married Nawaz Modi, daughter of solicitor Nadar Modi, in 1999 after eight years of courtship
Billionaire Gautam Singhania, who’s the chairman and managing director of textiles-to-actual property conglomerate Raymond Ltd, on Monday introduced separation from spouse Nawaz Modi. He mentioned, (*32*).
Singhania married Nawaz, daughter of solicitor Nadar Modi, in 1999 when she was 29, after eight years of courtship.
“This Diwali is not going to be the same as many in the past,” 58-yr-outdated Singhania mentioned in a submit on X on Monday. He added that 32 years of being collectively as a pair, rising as mother and father and at all times being a supply of power to one another, “we traversed with commitment, resolve, faith as along came the two most beautiful additions of our lives”.
He mentioned there was loads of unsubstantiated hearsay mongering, and gossip surrounding our lives fanned by “not so well wishers”.
“I am parting ways with her while we will continue to do what is the best for our two precious diamonds Niharika and Nisa,” Singhania mentioned, with out giving particulars concerning the separation and custody of their two youngsters.
“Please respect this personal decision and kindly give us the space to settle all aspects of the relationship. Seeking your best wishes for the entire family during these times,” Singhania mentioned.
Just earlier than saying the separation, Singhania additionally shared a submit about Raymond Realty saying the true property arm “continues to expand its presence across the Mumbai Metropolitan Region post the amazing success we have seen in the last couple of years”.
He mentioned the corporate has secured three new actual property initiatives within the area, with a mixed income potential of over Rs 5,000 crore ($678 million).
“Our realty business has seen a strong growth trajectory over the last couple of projects and we are confident of delivering on the highest level of quality and finesse associated with Raymond Group for the upcoming projects,” Singhania mentioned.
