Amitabh and Abhishek Bachchan Invest ₹25 Crore in Mumbai’s Mulund West Real Estate
Bollywood icons Amitabh Bachchan and his son Abhishek Bachchan have made a significant real estate investment, purchasing properties worth ₹24.95 crore in Mumbai’s Mulund West.
Real EstateMumbaiBachchan FamilyOberoi RealtyPremium ResidentialReal Estate MumbaiOct 24, 2024
The Bachchan family has acquired a total of 10 apartments in the project. Eight of these units have a carpet area of 1,049 square feet each, while the other two units measure 912 square feet each. Each transaction includes two car parking spaces. For this purchase, the Bachchans paid a stamp duty of ₹1.50 crore.
Abhishek Bachchan purchased six of the apartments for approximately ₹14.77 crore, while Amitabh Bachchan bought the remaining four for around ₹10.18 crore. This acquisition has brought the Bachchan family’s real estate investments in 2024 to a total of ₹100 crore.
Since 2020, the Bachchan family has been actively investing in real estate, accounting for over a quarter of celebrity real estate transactions in the Mumbai Metropolitan Region (MMR). They have acquired approximately 0.19 million square feet of property with a combined investment of ₹219 crore.
Bachchan Family’s Real Estate Transactions in 2024
Here are the details of the real estate purchases made by the Bachchan father-son duo in 2024
| Property Name | City | Locality | No. of Properties | Total Area (Sq. ft.) | Buyer Name | Total Property Value (₹ Crore) | Type of Property | Month of Transaction ||-----------------------|---------|----------|-------------------|----------------------|-----------------|--------------------------------|------------------|----------------------|| Signature, Mumbai | Mumbai | Oshiwara | 1 | 19,271 | Amitabh Bachchan | 59.58 | Commercial | June || Oberoi Sky City | Mumbai | Magathane| 2 | 22,408 | Amitabh Bachchan | 6.79 | Residential | May || Oberoi Eternia | Mumbai | Mulund West | 4 | 4,196 | Amitabh Bachchan | 10.17 | Residential | October || Oberoi Sky City | Mumbai | Magathane| 6 | 5,385 | Abhishek Bachchan| 15.42 | Residential | May || Oberoi Eternia | Mumbai | Mulund West | 6 | 6,020 | Abhishek Bachchan| 14.78 | Residential | October || Total | | | 19 | 27,280 | | 106.74 | | |
Note Includes transactions registered in 2024 (year-to-date). The area may be built-up or carpet, as specified in the registration document. Transaction documents may also include the names of legal entities owned by the mentioned celebrities.
About Oberoi RealtyOberoi Realty is a leading real estate developer in Mumbai, known for its premium residential and commercial projects. The company has a reputation for delivering high-quality properties and has been a preferred choice for many high-profile individuals and families in the entertainment and business sectors.
About Square YardsSquare Yards is an online platform for property sales and services. It provides comprehensive information on real estate transactions, market trends, and investment opportunities, making it a valuable resource for property buyers and sellers.
This significant investment by the Bachchan family highlights their continued confidence in the Mumbai real estate market and their strategic approach to asset management.
Frequently Asked Questions
How much did Amitabh and Abhishek Bachchan invest in properties in Mulund West?
Amitabh and Abhishek Bachchan invested ₹24.95 crore in properties in Mulund West, Mumbai.
How many apartments did they purchase in the Eternia project?
The Bachchans purchased a total of 10 apartments in the Eternia project.
What is the carpet area of the apartments they bought?
Eight of the apartments have a carpet area of 1,049 square feet each, and two have a carpet area of 912 square feet each.
How much stamp duty did they pay for this purchase?
The Bachchans paid a stamp duty of ₹1.50 crore for this purchase.
What is Oberoi Realty known for?
Oberoi Realty is known for its premium residential and commercial projects in Mumbai, delivering high-quality properties and being a preferred choice for many high-profile individuals and families.
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