The Sabhnanis are residents of Muttontown in Long Island.

Read the full story here.

A native of Nagpur in western India, Vikram Pandit was previously CEO of Citi’s Institutional Clients Group.

Vikram Pandit

An alumni of Columbia University, Vikram lives on Central Park West in Manhattan.

Click here for the full story on Vikram Pandit.

According to the WSJ, Vikram and his socialite wife Meera Gandhi paid $4.3 million for the 18-foot wide limestone town house in 2000 and renovated it.

Source: Brown Harris Stevens

Vikram and Meera’s town house has five bedrooms, a back garden and a roof garden with views of 74th Street, The Carlyle Hotel and the treeline of Central Park.

We wonder what renovations Vikram made to the shack that it now merits an asking price of $20 million. Wow, that’s an appreciation of 365% in seven years.

While we don’t claim to know the specifics of the renovation having never been inside this $20 million Taj Mahal, what we do know is that Meera Gandhi spent two years renovating the town house and enlisted the help of Harvard architect Pedro Castillo and interior decorator Kenneth Alpert.

The town house does look grand and has some interesting history too.

You see, FDR’s widow Eleanor Roosevelt lived in the same town house for a few years before her death in 1962.

Credit Suisse’s web site lists Vikram Gandhi as a Managing Director and Global Head of the Financial Institutions Group, based in New York. Vikram has responsibility for the integration of the Bank’s financial institutions’ capabilities into the Global Financial Institutions Group. Yes, we know the previous sentence is pure corporate gobbledegook and have no idea what it means. Ask the Credit Suisse bozos who wrote that.

Vikram Gandhi, who defected to Credit Suisse First Boston in April 2005 from Morgan Stanley, has a B.Com from the University of Bombay and an MBA from Harvard.

Meera has an MBA from Boston University.

Vikram and Meera have two daughters Kiran and Kanika and a son Kabir Gandhi.

To know more about Meera, Vikram and their family, click here.