Amitabh Bachchan Sells Luxurious Oshiwara Duplex for ₹83 Crore, Earns 168% Profit
Bollywood veteran Amitabh Bachchan has made a significant real estate move by selling his luxurious duplex in Oshiwara, Maharashtra, for a staggering ₹83 crore, marking a 168% profit.
Real EstateAmitabh BachchanOshiwaraMumbaiProperty SaleReal Estate MaharashtraJan 20, 2025
The property was sold for a whopping ₹83 crore, signaling a substantial 168% profit for the legendary actor.
The duplex, situated in a prime location in Oshiwara, is a testament to opulence and luxury.
The property spans a vast area and features modern amenities, making it a highly desirable address in the bustling city of Mumbai.
The sale not only highlights Bachchan's astute business acumen but also underscores the robust real estate market in the region.
Property Details
The duplex, which Bachchan had acquired several years ago, is a sprawling residence that boasts of state-of-the-art facilities and a strategic location.
The property includes multiple bedrooms, a spacious living area, a well-equipped kitchen, and numerous entertainment and leisure amenities.
The views from the duplex are breathtaking, offering a panoramic vista of the thriving Oshiwara area.
Amitabh Bachchan has always been known for his keen eye for investment, and this transaction is yet another example of his shrewd financial decisions.
The sale of the Oshiwara duplex underscores the strong demand for premium properties in Mumbai, one of the most dynamic and vibrant cities in India.
Company
Mahanagar Housing Limited, the real estate developer behind the Oshiwara project, is a well-respected name in the industry.
Known for their commitment to quality and customer satisfaction, Mahanagar Housing Limited has been instrumental in shaping the real estate landscape in Mumbai and other major cities in India.
Market Implications
The sale of Bachchan's Oshiwara duplex is a significant indicator of the current real estate market trends in Mumbai.
Despite the economic challenges faced in recent years, the premium property segment continues to witness robust demand.
This transaction is expected to boost investor confidence and further drive the real estate market in the region.
Bachchan's Investment Strategy
Amitabh Bachchan has a diverse portfolio, including multiple investments in real estate, which have proven to be profitable over the years.
His decision to sell the Oshiwara duplex at the right time showcases his ability to capitalize on market opportunities.
Bachchan has always been a trendsetter, and his real estate transactions are closely watched by investors and industry experts alike.
Conclusion
The sale of the luxurious Oshiwara duplex by Amitabh Bachchan for ₹83 crore, marking a 168% profit, is a testament to his astute business acumen and the strong real estate market in Mumbai.
This transaction not only highlights Bachchan's investment prowess but also underscores the continued demand for premium properties in the region.
As the real estate market continues to evolve, such high-profile transactions are likely to set new benchmarks and drive further growth in the sector.
Frequently Asked Questions
What is the value of the duplex sold by Amitabh Bachchan?
The duplex was sold for ₹83 crore.
What is the profit percentage made by Amitabh Bachchan from this sale?
Amitabh Bachchan made a 168% profit from the sale of the duplex.
Where is the Oshiwara duplex located?
The Oshiwara duplex is located in Oshiwara, Maharashtra.
What are the key features of the Oshiwara duplex?
The duplex features multiple bedrooms, a spacious living area, a well-equipped kitchen, and numerous entertainment and leisure amenities.
Which company developed the Oshiwara property?
The Oshiwara property was developed by Mahanagar Housing Limited.
Related News Articles
Current Gold Prices in Major Indian Cities: Latest Rates and Updates
Stay updated with the latest gold prices for 10 grams of 22-carat gold in major Indian cities across India.
Equinox India Developments Limited: The New Face of Indiabulls Real Estate
Listed real estate developer Indiabulls Real Estate Limited has undergone a transformation, changing its name to Equinox India Developments Limited with effect from June 20, 2024.
Real Estate Entrepreneur Kamlesh Kumar Jailed in Ranchi Amid Money Laundering Probe
The Enforcement Directorate (ED) has arrested Real Estate businessman Kamlesh Kumar in Ranchi under the Prevention of Money Laundering Act (PMLA).
Navneet Rana to Skip Maharashtra Assembly Polls, Eyes Rajya Sabha Seat
Navneet Rana, a prominent political figure in Maharashtra, has announced that he will not contest in the upcoming Maharashtra Assembly elections. Instead, he is setting his sights on a membership in the Rajya Sabha. This decision comes after a series of s
Micromitti to Launch SM-REITs: A New Era for Real Estate Investment in Central India
Micromitti, a leading PropTech firm in Central India, is set to introduce Real Estate Investment Trusts (REITs), AIF Category 2 Real Estate Funds, and Private Equity (PE) investments, providing high-return opportunities for individual investors.
Bhopal Sees Property Rates Soar by Up to 200% in 243 Locations
Property rates in Bhopal have increased by up to 200% in 243 locations, including prime areas like Arera Colony, 10 Number Market, and MP Nagar, sparking opposition from builders and developers.