Mumbai: The life of 57-year-old Paras Porwal is a rags to riches story spread over four decades. Those who have known him closely recalled that he once used to sell nose rings made from imitation jewellery material. He rose ranks to become one of the topmost builders dabbling into redevelopment and slum rehabilitation in south Mumbai, who even contested assembly polls.
As per the Election Commission of India’s records, he unsuccessfully contested on a Samajwadi Party ticket from the Mazgaon seat. Of the 64,510 valid votes polled, only 7,887 voters preferred him. The other contenders were Chhagan Bhujbal’s son and NCP candidate Pankaj and MNS’ Bala Nandgaonkar, who won the polls. This election also brought it out in the open his proximity with the political circles in Maharashtra.
Though hailing from Rajasthan, he was popular among the local Maharashtrians who saw him as a person who provides better homes to the sons of the soil.
From small time imitation jewellery to construction business
After being a small-time imitation jewellery seller, recalled a person close to him who sought confidentiality, he ventured into construction-related works such as material supply. The venture proved to be a stepping stone to start earning as a commission broker and also gave first-hand experience of India’s most expensive real estate market. During this time, he got close to some of the who’s who that helped his launch in the realty market as a developer.
Most of his projects…