Amitabh Bachchan and his son, actor Abhishek Bachchan, have made a serious funding in Mumbai’s actual property market, buying properties price Rs 24.95 crore within the central suburban aspect of the town, in Mulund West. This strategic acquisition brings their complete actual property investments in 2024 to Rs 100 crore, solidifying their place as main gamers within the metropolis’s property market.
The Bachchans have acquired 10 flats in Oberoi Realty’s premium residential challenge, Eternia, based on registration paperwork accessed by the net platform for property gross sales, Sq. Yards. The residential challenge gives ready-to-move-in 3 BHK (Bed room- Corridor- Kitchen) and 4 BHK flats. The properties span a complete carpet space of 10,216 sq. toes, with eight flats boasting 1,049 sq. toes every and two flats measuring 912 sq. toes per unit. Every transaction consists of two automobile parking areas, and the deal incurred a complete stamp obligation of Rs 1.5 crore.
Abhishek Bachchan has acquired six of those flats for Rs 14.77 crore, whereas Amitabh Bachchan bought the remaining 4 flats for Rs 10.18 crore. Since 2020, the Bachchan household has emerged as a number one pressure in Mumbai’s superstar actual property panorama. In line with Sq. Yards, they’ve bought roughly 0.19 million sq. toes of property within the Mumbai Metropolitan Area, with a complete funding worth of Rs 219 crore.
The Bachchan household’s latest funding in Mulund West, a central suburban neighborhood in Mumbai, diverges from the standard Bollywood desire for western suburbs like Juhu, Bandra, and Goregaon. Traditionally, many Bollywood celebrities have favoured these western suburbs for his or her actual property investments. Alternatively, some, resembling Shah Rukh Khan and his daughter Suhana Khan, Ranveer Singh nd Deepika Padukone have additionally opted for Alibaug, a close-by seaside vacation spot.
Mulund is, nonetheless, strategically positioned and has easy accessibility to central and western Mumbai, in addition to Pune. This makes the neighbourhood a preferred residential hub.
Additionally learn – Jaya Bachchan and Amitabh Bachchan declare mixed belongings of over Rs 1,578 crore, together with 17 automobiles and financial institution steadiness over Rs 130 cr
The Bachchan household’s actual property investments have been making headlines, with Abhishek additionally investing in one other lavish property in Borivali, which remains to be underneath improvement. He has had bought six flats in Borivali’s Oberoi Sky Metropolis challenge, for over Rs 15 crore. This funding is a part of the Bachchan household’s substantial actual property portfolio in Mumbai. Curiously, his father, Amitabh Bachchan, additionally acquired two luxurious flats in the identical space, price almost Rs 7 crore, on Could 29, 2024. Akshay Kumar too has, reportedly, invested in the identical challenge.
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