Aneel Mussarat

Aneel Mussarat was born in Manchester in 1970 to Pakistani parents settled in Manchester from Faisalabad city. Aneel was ranked the 466th richest person in UK and 21st richest Asian in UK in 2007 by the Sunday Times. [cite web|url=http://business.timesonline.co.uk/tol/business/specials/rich_list/rich_list_search/|title=business.timesonline.co.uk/tol/business/specials/rich_list/rich_list_search/ ] He is founder of MCR Property Group.

Early life

His father was from a well known and respected background in Faisalabad. His father had eight siblings and his grand father Haji Sufi Abdul Karim was one of the most famous elder of his district in Punjab, Pakistan. His father used to help his maternal uncle in a very famous store in Manchester known as "Chaudhry Hosiery" back in late 60's. Aneel's father died when he was only 8 due to a stress related disease and kidney failure. Aneel had a love marriage at the age of 21. He married Mehr when she was on her holidays from Karachi staying at their house.

Classic Homes

After completing high school, Aneel Mussarat engaged in collecting rent and managing properties that his family owned. Despite having bitter experiences with tenants, Aneel found interest in this sector and decided to engage completely in the property business. Aneel started to buy,renovate and rent out properties in Manchester. That were within the range of £10,000. Aneel worked dedicatedly in his "buy to let" business and found massive success as time passed.

Aneel developed important contacts with the stakeholders of his business. His hardwork and commitment earned him good name and reputation and with his Business relations. Aneel moved up the ladder with time and started managing, constructing, renting out properties through a Private Limited Company named as "Classic Homes". Aneel's interest developed further with success and he continued to expand his business further into residential and from residential to commercial sector. Aneel also specialised in student residences in Manchester and the most famous of the project known as "Student Village". He is also famous by the title of "Student Housing Magnate".

MCR Property

In 2006 Aneel merged the residential and commercial businesses into one large group formed to be known as MCR Property Group www.mcrproperty.com. MCR now holds a portfolio of in excess of £1 billion of which £300 million is the end value of current developments. The Group's combined holdings place it amongst the largest property groups in the North-West England along with Peel Holdings and Bruntwood. The Group's commercial holdings return is very competitive and is a major success.It is also expanding outside Manchester with sections of properties in Centreal London, student accommodations in Liverpool and investment properties in Dubai, Europe and Lahore.

Group success

The Goodwill of the group is very high. The Group has already achieved its target of £1 billion before the due date.The group now has set a target of £5 billion for 2020 and is well on the way. The group is one of the best asset management, asset investment companies in the UK.

Interests and Critics

Aneel is also a producer of Bollywood movies. He has also supposedly financed the APC (All Parties Conference) in Manchester hosted by Nawaz Sharif former Pakistani Prime Minister which involved bringing all political parties of Pakistan on one platform.

People close to him say he is kind hearted and caring. He likes people who want to work hard in life the way he spends his life.

He is mostly a private person but is sometimes seen in different social gatherings such as Film awards, movie openings and political receptions. He does like to socialise with close family and friends. His interests involve movies, family and travel.

References

[ [ [http://www.southmanchesterreporter.co.uk/news/s/204/204974_open_house.html Open house - News - South Manchester Reporter ] ] ]