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
Anupam Kher Invests in Mumbai's Thriving Real Estate Market with Office Purchase in Andheri
Bollywood actor Anupam Kher buys commercial office space in Andheri West, Mumbai, for over Rs 3.88 crore, highlighting the growing trend of celebrities investing in real estate.
PM Modi Accuses Congress of Spreading Hatred and Irresponsibility
Prime Minister Narendra Modi, addressing a gathering in Mumbai, strongly criticized the Congress party, terming it irresponsible and a 'factory to spread hatred.' He emphasized the need for a bigger victory in the upcoming Maharashtra assembly elections.
Oberoi Realty Board Approves Rs 6,000 Crore Fundraising Plan
The Mumbai-based real estate giant, Oberoi Realty, has received board approval for a significant fundraising plan. The company aims to raise up to Rs 6,000 crore through various securities and private placements.
How to Make Green Developments Shine in a Competitive Market
Sustainability has become a driving force in the real estate sector, with eco-conscious buyers increasingly prioritizing environmental factors in their property decisions.
Survey for Third Mumbai Development to Kick Off in Early 2025
The long-awaited survey for the third major development in Mumbai is set to begin in early 2025. This project, which aims to transform the city's infrastructure and real estate landscape, is anticipated to bring significant changes and opportunities for b
Hrithik Roshan Leases Out Mumbai's Prime Commercial Property for ₹5.62 Lakh Monthly
In a significant move, Bollywood superstar Hrithik Roshan has leased out his premium commercial property in Mumbai for a monthly rent of ₹5.62 lakh. The lease agreement was officially registered in January 2025, reflecting the high demand for commercial s