India, Feb. 9 -- The South Mumbai plot, where Cadbury House once stood, will soon see a multi-storeyed building with luxury apartments come up in place of the iconic landmark. Excavation of the plot, which had halted in June 2022 after a landslide, recommenced two months ago after getting BMC approval.

Cadbury House was acquired by the global chocolate confectioner in 1981 and was refurbished in 2001. In November 2013, diamond merchant Dilipkumar Lakhi purchased Cadbury House along with the plot for around Rs.350 crore. Peninsula Land, Lodha Developers and Oberoi Realty too were interested in buying the plot over a decade ago.

As per the Intimation of Disapproval (IOD) issued in December 2017, of which HT has a copy, the original height...