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.
Mumbai Real EstateAnupam KherCommercial Office SpaceAndheri WestParinee RealtyReal Estate MumbaiSep 05, 2024
The deal was concluded on September 3, with Kher paying a stamp duty of Rs 23.33 lakh for the registration of the property. Although attempts were made to reach out to Kher, he remained unavailable for comment. Parinee Realty, the developer of the project, also declined to comment on the story.
This investment by Kher is a testament to the growing trend of high-net-worth individuals, including Bollywood celebrities, recognizing the value of real estate as a lucrative investment opportunity. These assets not only provide a sense of security but also appreciate in value over time, making them an attractive addition to growing wealth portfolios.
Many well-known personalities in Bollywood, including actors, producers, and directors, are strategically expanding their portfolios by acquiring properties in prime locations. This not only showcases their business acumen but also highlights the confidence they have in the Indian real estate market.
As the Indian economy continues to grow, the demand for commercial and residential spaces is expected to rise, making real estate a lucrative investment option for those looking to diversify their portfolios.
About Parinee Realty Parinee Realty is a leading real estate developer in Mumbai, known for its commitment to quality and innovation. With a portfolio of prestigious projects, the company has established itself as a trusted name in the industry.
Keywords Anupam Kher, Mumbai Real Estate, Andheri West, Parinee Realty, Commercial Office Space,
Frequently Asked Questions
What is the location of Anupam Kher's newly purchased office space?
The office space is located in Andheri West, Mumbai.
How much did Anupam Kher pay for the office space?
Anupam Kher paid Rs 3.88 crore for the office space.
What is the size of the office space?
The office space spans nearly 887 sq ft RERA carpet area.
Who is the developer of the project?
The developer of the project is Parinee Realty.
Why are Bollywood celebrities investing in real estate?
Bollywood celebrities are investing in real estate as it provides a lucrative investment opportunity and appreciates in value over time.
Related News Articles
Visakhapatnam's Erra Matti Dibbalu: A Geological Heritage Site in Peril
Real estate ventures, film shoots, and lack of protection threaten the existence of Erra Matti Dibbalu, a unique natural wonder in Visakhapatnam.
Macrotech Developers Sees Significant Profit Jump in Q1 Results
Macrotech Developers' net profit surges to Rs 475 crore in Q1, backed by higher income and strong pre-sales of Rs 4,030 crore
The Flawed Tax Reform: How Removing Indexation on Real Estate Will Hurt the Market
The government's decision to remove indexation on real estate transactions will lead to adverse implications for the market and economy, contrary to claims of benefiting the middle class.
Mumbai Real Estate Market Sees 10% Growth in Average Home Sales Value
The Mumbai Metropolitan Region (MMR) has witnessed a 10% year-over-year growth in average registered home sales value in the second quarter of 2024, with a total of 50,025 residential real estate transactions registered, amounting to a sales value of INR
Delhi-NCR Sees Tripled Housing Supply in Sep Quarter Amidst Strong Demand
Fresh supply of residential properties in Delhi-NCR is estimated to triple during July-September to over 13,300 units as developers look to encash strong demand.
Noida Gains Prominence as Top Real Estate Hub, Attracts 50% of Investments in UP
Noida has emerged as the leading destination for real estate investments in Uttar Pradesh, capturing nearly half of the total investments in the region. This growth is attributed to its strategic location, robust infrastructure, and numerous development i