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Amitabh Bachchan buys two apartments in Mumbai’s Borivali suburb, ET RealEstate

Amitabh Bachchan buys two apartments in Mumbai’s Borivali suburb, ET RealEstate

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Bollywood actor Amitabh Bachchan has purchased two residences in a premium residential undertaking in Mumbai’s Borivali suburb the place his son Abhishek Bachchan not too long ago acquired six residences.

The deal comes instantly after the veteran actor not too long ago bought three extra workplace properties unfold throughout three flooring in a industrial undertaking in Oshiwara locality of Mumbai’s western suburb of Andheri.

Bachchan bought residences in Borivali value almost Rs 7 crores from Incline Realty, a subsidiary of Oberoi Realty. These residences unfold over 2,188 sq ft are positioned on the 57th ground of the tower, the identical ground the place his son Abhishek’s residences are located.

Bachchan paid stamp obligation of Rs 40.72 lakh for the registration of each the offers that happened on Might 29, confirmed the paperwork accessed via Zapkey.com

These offers involving the Bachchan household have created a buzz within the property market as most transactions involving celebrities had been to date was concluded in South, Central Mumbai and prime localities similar to Bandra, Khar and Juhu.

ET’s separate e mail queries to Amitabh Bachchan’s staff and Oberoi Realty remained unanswered until the time of going to press.

Actual property continues to be a high funding selection for top net-worth people. Bollywood celebrities have been actively buying properties, recognizing the worth of those belongings not only for private use but in addition as a beautiful funding alternative that may contribute to their rising wealth portfolios.

A number of distinguished personalities from Bollywood, together with actors, producers, and administrators similar to Amitabh Bachchan, Shahrukh Khan, Shilpa Shetty, Akshay Kumar, Abhishek Bachchan, and Aishwarya Rai, have actively invested in numerous actual property ventures.

These trade stalwarts have been strategically diversifying their portfolios by buying properties throughout prime places.

Moreover, in current quarters, notable celebrities like Ranveer Singh, Hrithik Roshan, Rani Mukherjee, Alia Bhatt, Disha Patani, and Janhvi Kapoor have additionally been concerned in a number of high-profile transactions, focusing significantly on luxurious and upscale properties.

  • Revealed On Jun 29, 2024 at 08:56 AM IST

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