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
Vodafone Idea Plans to Roll Out 5G by March 2025, Commencing in Delhi and Mumbai
Vodafone Idea has announced plans to launch its 5G services by March 2025, with the initial roll-out set to begin in the cities of Delhi and Mumbai. This move is expected to significantly enhance connectivity and provide users with faster, more reliable i
Goa Police Seek Interpol Red Notice for Rs 100 Crore Scam Accused Myron Rodrigues
The Goa police have intensified their efforts to catch Myron Rodrigues, the accused in a Rs 100 crore scam, by seeking an Interpol Red Notice. The action comes after Rodrigues managed to abscond, prompting the authorities to seize his prime real estate assets across Goa, Mumbai, Thane, and Pune.
Penny Stock Under ₹10 in Focus After Setting Record Date for Bonus Issue
A penny stock in the business of real estate construction, development, civil contracts (EPC), and related activities has gained attention after announcing its record date for a bonus issue. This move is likely to attract more investors, especially those looking for undervalued stocks with potential for growth.
Rohan Builders Achieves Unparalleled Excellence with 14 Consecutive Years of CRISIL DA2+ Grading
Rohan Builders continues to maintain its prestigious DA2+ Developer Grading from CRISIL, demonstrating its commitment to excellence in financial and operational parameters.
Revolutionizing Modern Homes: How Technology is Reshaping Real Estate
Discover how cutting-edge technology is transforming the real estate industry and redefining the concept of modern homes.
Upcoming Special Camp to Issue Important Real Estate Clearance Certificates
Photo Source: Babushahi Bureau. The government is planning to organize the third special camp to issue crucial clearance certificates for the real estate sector: Minister.