{"id":29000,"date":"2026-09-26T11:04:59","date_gmt":"2026-09-26T11:04:59","guid":{"rendered":"https:\/\/koshalsambada.in\/?p=29000"},"modified":"2026-09-26T11:04:59","modified_gmt":"2026-09-26T11:04:59","slug":"he-left-studies-after-class-12-suffered-1992-stock-market-scam-now-dinesh-thakkar-owns-an-entire-%e2%82%b9711-crore-juhu-tower-in-mumbai","status":"publish","type":"post","link":"https:\/\/koshalsambada.in\/?p=29000","title":{"rendered":"He left studies after Class 12, suffered 1992 stock market scam; now Dinesh Thakkar owns an entire \u20b9711 crore Juhu tower in Mumbai"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-134501342,imgsize-146076,width-400,height-225,resizemode-4\/untitled-design-23.jpg\" alt=\"He left studies after Class 12, suffered 1992 stock market scam; now Dinesh Thakkar owns an entire \u20b9711 crore Juhu tower in Mumbai\" title=\"Dinesh Thakkar with his buy (@dineshdthakkar\/Instagram)\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<div class=\"Ta7d_ img_cptn\"><span title=\"Dinesh Thakkar with his buy (@dineshdthakkar\/Instagram)\">Dinesh Thakkar with his buy (@dineshdthakkar\/Instagram)<\/span><\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>A Class 12 graduate who once chose business over conventional higher education is now making headlines for one of India\u2019s most expensive residential property purchases. Meet Dinesh Thakkar, founder, chairman and managing director of Angel One.<!-- --> In a recent news update, Thakkar has agreed to buy an entire residential tower in Mumbai\u2019s Juhu for about \u20b9711 crore.<span class=\"id-r-component br\" data-pos=\"3\"\/>Now that is not just any high-profile purchase about the price tag. It is also a story of a man\u2019s unusual entrepreneurial journey. How a young man who entered the stock market, suffered heavy losses and faced the aftermath of the 1992 scam and still built one of India\u2019s prominent retail broking platforms.<span class=\"id-r-component br\" data-pos=\"7\"\/><span class=\"strong\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">From Class 12 to stockbroking<\/span><span class=\"id-r-component br\" data-pos=\"9\"\/><\/p>\n<div data-pos=\"0\" class=\"id-r-component iIpbx undefined  &#10;        \">\n<div><img decoding=\"async\" alt=\"Embassy Developments Share Angel One Founder Dinesh Thakkar\" msid=\"134501349\" imgsize=\"1565534\" resizemode=\"4\" width=\"\" title=\"\" placeholdersrc=\"https:\/\/static.toiimg.com\/photo\/83033472.cms\" offsetvertical=\"0\" placeholdermsid=\"47529300\" type=\"thumb\" class=\"\" src=\"https:\/\/static.toiimg.com\/photo\/imgsize-1565534,msid-134501349\/embassy-developments-share-angel-one-founder-dinesh-thakkar.jpg\" data-api-prerender=\"true\"\/><\/div>\n<\/div>\n<p>Thakkar\u2019s is not an ordinary story. As per profiles based on his own accounts, he studied till 12 class. He was born in Mumbai\u2019s Mulund region and came from a business family involved in textile trading. He initially joined the family business but eventually decided to try his hand at the stock market.<span class=\"id-r-component br\" data-pos=\"12\"\/>Thakkar has extensively spoken about borrowing money from friends to enter the market. An early bout of market volatility reportedly resulted in losses of around \u20b96 lakh. Instead of walking away, he began looking more closely at how the broking business worked and what retail investors needed.<span class=\"id-r-component br\" data-pos=\"16\"\/>That eventually took him from being a market participant to becoming a broker.<span class=\"id-r-component br\" data-pos=\"18\"\/><span class=\"strong\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">1992 scam<\/span><span class=\"id-r-component br\" data-pos=\"20\"\/><\/p>\n<div data-pos=\"0\" class=\"id-r-component iIpbx undefined  &#10;        \">\n<div><img decoding=\"async\" alt=\"Screenshot 2026-09-27 030850\" msid=\"134501357\" imgsize=\"81998\" resizemode=\"4\" width=\"\" title=\"Dinesh Thakkar (@dineshdthakkar\/Instagram)\" placeholdersrc=\"https:\/\/static.toiimg.com\/photo\/83033472.cms\" offsetvertical=\"0\" placeholdermsid=\"47529300\" type=\"thumb\" class=\"\" src=\"https:\/\/static.toiimg.com\/photo\/imgsize-81998,msid-134501357\/screenshot-2026-09-27-030850.jpg\" data-api-prerender=\"true\"\/><\/p>\n<p>Dinesh Thakkar (@dineshdthakkar\/Instagram)<\/p>\n<\/div>\n<\/div>\n<p>The 1992 securities scam and the turmoil that followed left Thakkar heavily in debt, according to his account. The business survived with backing from three investors, who reportedly invested \u20b950 lakh each.<span class=\"id-r-component br\" data-pos=\"24\"\/>The company that eventually emerged from that journey was incorporated as Angel Broking in 1996. Angel One&#8217;s own investor information lists August 8, 1996, as its date of incorporation and identifies Dinesh D. Thakkar as its founder, chairman and managing director.<span class=\"id-r-component br\" data-pos=\"26\"\/><span class=\"strong\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">From traditional broker to digital financial platform<\/span><span class=\"id-r-component br\" data-pos=\"28\"\/>Angel One began as a traditional stockbroking company. Over the years, it moved towards a technology-led model, with the company describing 2019 as the beginning of its digital journey with an end-to-end digital investment platform.<span class=\"id-r-component br\" data-pos=\"31\"\/>That transformation mirrors the larger change in India&#8217;s investment culture \u2014 from phone calls and physical paperwork to smartphones, digital onboarding and app-based trading.<span class=\"id-r-component br\" data-pos=\"33\"\/>And decades later, after entering the financial markets, he is making headlines for a very different kind of transaction.<span class=\"id-r-component br\" data-pos=\"35\"\/><span class=\"strong\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\u20b9711 crore for an entire tower, \u2018Angelus\u2019<\/span><span class=\"id-r-component br\" data-pos=\"37\"\/><\/p>\n<div data-pos=\"0\" class=\"id-r-component iIpbx undefined  &#10;        \">\n<div><img decoding=\"async\" alt=\"Screenshot 2026-09-27 030936\" msid=\"134501367\" imgsize=\"105328\" resizemode=\"4\" width=\"\" title=\"Dinesh Thakkar (@dineshdthakkar\/Instagram)\" placeholdersrc=\"https:\/\/static.toiimg.com\/photo\/83033472.cms\" offsetvertical=\"0\" placeholdermsid=\"47529300\" type=\"thumb\" class=\"\" src=\"https:\/\/static.toiimg.com\/photo\/imgsize-105328,msid-134501367\/screenshot-2026-09-27-030936.jpg\" data-api-prerender=\"true\"\/><\/p>\n<p>Dinesh Thakkar (@dineshdthakkar\/Instagram)<\/p>\n<\/div>\n<\/div>\n<p>On September 22, 2026 Embassy Developments announced that it had signed a Memorandum of Understanding with Thakkar for the sale of an entire residential tower at Embassy Terazza in Juhu. <!-- -->The developer described it as India&#8217;s largest single residential unit transaction.<span class=\"id-r-component br\" data-pos=\"42\"\/>The tower is technically a G+7 structure, meaning ground plus seven upper floors, eight levels in all. It has a RERA carpet area of 63,000 sq ft and a transaction value of approximately \u20b9711 crore. That works out to roughly \u20b91.13 lakh per sq ft based on the stated carpet area.<span class=\"id-r-component br\" data-pos=\"44\"\/>Rather than buying one apartment in a luxury tower, Thakkar is taking an entire vertical slice of the development. <!-- -->He has named the residence \u2018Angelus\u2019.<span class=\"id-r-component br\" data-pos=\"48\"\/><span class=\"strong\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">Why Juhu?<\/span><span class=\"id-r-component br\" data-pos=\"50\"\/><\/p>\n<div data-pos=\"0\" class=\"id-r-component iIpbx undefined  &#10;        \">\n<div><img decoding=\"async\" alt=\"Untitled design (23)\" msid=\"134501378\" imgsize=\"146076\" resizemode=\"4\" width=\"\" title=\"Dinesh Thakkar (@dineshdthakkar\/Instagram)\" placeholdersrc=\"https:\/\/static.toiimg.com\/photo\/83033472.cms\" offsetvertical=\"0\" placeholdermsid=\"47529300\" type=\"thumb\" class=\"\" src=\"https:\/\/static.toiimg.com\/photo\/imgsize-146076,msid-134501378\/untitled-design-23.jpg\" data-api-prerender=\"true\"\/><\/p>\n<p>Dinesh Thakkar (@dineshdthakkar\/Instagram)<\/p>\n<\/div>\n<\/div>\n<p><span class=\"id-r-component br\" data-pos=\"52\"\/>\u201cJuhu has always had a special character,\u201d he said in a statement released by Embassy Developments.<span class=\"id-r-component br\" data-pos=\"54\"\/>Embassy Terazza is located on Juhu Tara Road, one of Mumbai&#8217;s established luxury residential addresses. The development is spread across more than two acres and has around 50 residences across five towers. Each tower has one residence per floor, with the project designed around privacy, sea and city views, landscaped spaces and wellness and lifestyle amenities.<span class=\"id-r-component br\" data-pos=\"58\"\/>The project itself has an estimated gross development value of more than \u20b93,000 crore.<span class=\"id-r-component br\" data-pos=\"60\"\/>For a man whose career began with a Class 12 education, borrowed money, early market losses and a battered brokerage business, the purchase represents a striking chapter in a journey that has unfolded alongside India&#8217;s transformation from traditional stockbroking to digital investing.<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/life-style\/people\/he-left-studies-after-class-12-suffered-1992-stock-market-scam-now-dinesh-thakkar-owns-an-entire-711-crore-juhu-tower-in-mumbai\/articleshow\/134501015.cms\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dinesh Thakkar with his buy (@dineshdthakkar\/Instagram) A Class 12 graduate who once chose business over conventional higher education is now making headlines for one of India\u2019s most expensive residential property purchases. Meet Dinesh Thakkar, founder, chairman and managing director of Angel One. In a recent news update, Thakkar has agreed to buy an entire residential [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":29001,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-29000","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-31"],"magazineBlocksPostFeaturedMedia":{"thumbnail":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790420711_untitled-design-23.jpg","medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790420711_untitled-design-23.jpg","medium_large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790420711_untitled-design-23.jpg","large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790420711_untitled-design-23.jpg","1536x1536":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790420711_untitled-design-23.jpg","2048x2048":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790420711_untitled-design-23.jpg","blogsy-small":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790420711_untitled-design-23.jpg","blogsy-small-tall":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790420711_untitled-design-23.jpg","blogsy-small-square":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790420711_untitled-design-23.jpg","blogsy-small-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790420711_untitled-design-23.jpg","blogsy-medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790420711_untitled-design-23.jpg","blogsy-medium-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790420711_untitled-design-23.jpg","blogsy-large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790420711_untitled-design-23.jpg","blogsy-wide":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790420711_untitled-design-23.jpg"},"magazineBlocksPostAuthor":{"name":"admin","avatar":"https:\/\/secure.gravatar.com\/avatar\/8709732a479614e7a8aa24d3eb1b239f30dc6d90c61464ed495001e7a469d856?s=96&d=mm&r=g"},"magazineBlocksPostCommentsNumber":"0","magazineBlocksPostExcerpt":"Dinesh Thakkar with his buy (@dineshdthakkar\/Instagram) A Class 12 graduate who once chose business over conventional higher education is now making headlines for one of India\u2019s most expensive residential property purchases. Meet Dinesh Thakkar, founder, chairman and managing director of Angel One. In a recent news update, Thakkar has agreed to buy an entire residential [&hellip;]","magazineBlocksPostCategories":["\u0b26\u0b47\u0b36 \u0b2c\u0b3f\u0b26\u0b47\u0b36"],"magazineBlocksPostViewCount":1,"magazineBlocksPostReadTime":4,"magazine_blocks_featured_image_url":{"full":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790420711_untitled-design-23.jpg",400,225,false],"medium":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790420711_untitled-design-23.jpg",300,169,false],"thumbnail":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/1790420711_untitled-design-23.jpg",150,84,false]},"magazine_blocks_author":{"display_name":"admin","author_link":"https:\/\/koshalsambada.in\/author\/admin"},"magazine_blocks_comment":0,"magazine_blocks_author_image":"https:\/\/secure.gravatar.com\/avatar\/8709732a479614e7a8aa24d3eb1b239f30dc6d90c61464ed495001e7a469d856?s=96&d=mm&r=g","magazine_blocks_category":"<a href=\"#\" class=\"category-link category-link-31\">\u0b26\u0b47\u0b36 \u0b2c\u0b3f\u0b26\u0b47\u0b36<\/a>","_links":{"self":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts\/29000","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29000"}],"version-history":[{"count":0,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts\/29000\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/media\/29001"}],"wp:attachment":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}