Anupam Kher's Latest Investment: A ₹3.88 Crore Office Space in Mumbai's Andheri Area
Bollywood actor Anupam Kher has purchased a commercial office space in Mumbai's Andheri area for ₹3.88 crore, while other actors like Kangana Ranaut and Ajay Devgn have also invested in commercial properties to earn high rental yields.
Anupam KherMumbaiAndheriCommercial Real EstateBollywoodReal Estate MumbaiSep 05, 2024
The deal was executed on September 3, and a stamp duty of ₹23.3 lakh was paid by the Bollywood actor. The unit comes with 1 car park. The actor and the developer could not be reached.
Kangana Ranaut, a BJP MP and Bollywood actor, has also purchased an office space in Mumbai's Andheri area for ₹1.56 crore, according to property registration documents accessed by Propstack. The property spread across 407 sq ft is located on the 19th floor of a building named Arch One and was purchased at a per sq ft rate of ₹38,391 sq ft on carpet.
Other Bollywood actors who have invested in commercial real estate include Karishma Kapoor, Ajay Devgn, and Amitabh Bachchan. These actors have purchased commercial properties to earn high rental yields, which often work out to be higher than those of residential properties.
Karishma Kapoor, Kareena Kapoor, and their mother Babita Kapoor had leased a showroom space in Bandra West, Mumbai, for a rent of ₹6 lakh per month to a jewellery brand last year. The tenure of the lease is 49 months.
Ajay Devgn had leased an office space in Andheri West in Mumbai for a monthly rent of ₹9 lakh for five years. Amitabh Bachchan, who purchased four commercial units in Oshiwara for around ₹7 crore each last year, had also rented the properties for an annual consideration of ₹2.07 crore.
Apart from Bachchan, actors Kartik Aryan, Manoj Bajpayee, Sarah Ali Khan, and his wife Kajol have also purchased office spaces in Lotus Signature tower in Andheri West last year.
In April last year, Sonu Nigam had purchased two commercial properties spread across an area of 5547 sq ft in Andheri for ₹11.37 crore.
\n\n
Frequently Asked Questions
Who has purchased an office space in Mumbai's Andheri area for ₹3.88 crore?
Anupam Kher
How much did Kangana Ranaut pay for her office space in Mumbai's Andheri area?
₹1.56 crore
Why do Bollywood actors invest in commercial properties?
To earn high rental yields, which often work out to be higher than those of residential properties.
Who has leased a showroom space in Bandra West, Mumbai, for a rent of ₹6 lakh per month?
Karishma Kapoor, Kareena Kapoor, and their mother Babita Kapoor
How much did Sonu Nigam pay for his two commercial properties in Andheri?
₹11.37 crore
Related News Articles
100 Land Deals in First 9 Months of 2024, Delhi NCR Dominates with 32% Share
In the first nine months of 2024, a total of 100 land deals have been recorded across major cities, with Delhi NCR leading the pack with a significant 32% share. The real estate market has shown robust activity, driven by several factors including economi
Bigdome Infra Acquires Strategic Land Parcel in Kalyan-Dombivli for Rs 129.86 Crore
Bigdome Infra has made a significant investment by acquiring a land parcel in Kamba, Kalyan-Dombivli, for Rs 129.86 crore. This strategic move aims to expand their presence in the Mumbai metropolitan real estate market.
NAREDCO Maharashtra NextGen Launches Excelerate 3.0: Revamping Construction with Innovation
Mumbai (Maharashtra) [India], November 6: The National Real Estate Development Council (NAREDCO) Maharashtra NextGen is thrilled to introduce Excelerate 3.0, a groundbreaking initiative to drive innovation in the construction industry.
Indian Real Estate Developers' Sentiment Survey 2024: A Glimmer of Hope
Colliers' survey highlights the positive sentiments prevailing in the Indian housing market, with developers expecting a bull run in 2024.
Pune Residents Unite to Protect Green Hills from Construction
Over 9,000 residents in Pune are fighting to preserve the city's green hills from aggressive construction projects. This grassroots movement highlights the growing conflict between urban development and environmental conservation.
Ryan Serhant Takes Luxury Real Estate to the Next Level with Netflix's 'Owning Manhattan'
Get ready for a behind-the-scenes look at the cutthroat world of NYC real estate with Ryan Serhant's new Netflix show