Bollywood Legend Amitabh Bachchan Expands His Real Estate Empire with ₹6.78 Crore Apartment Purchase in Mumbai's Borivali
Amitabh Bachchan's latest real estate investment, Oberoi Sky City apartments, luxury living in Mumbai, real estate market trends, and more.
Amitabh BachchanReal EstateMumbaiOberoi RealtyLuxury LivingReal Estate NewsJun 28, 2024
Last year, Amitabh Bachchan's son, Abhishek Bachchan, had bought six apartments in the same project for ₹15.42 crore. The senior Bachchan's purchase has raised eyebrows, with many speculating about the future of the Mumbai real estate market.
The Oberoi Sky City project is one of the most luxurious residential buildings in the Borivali area, with apartments priced between ₹31,000 to ₹37,000 per sq ft. The building is strategically located on the Western Express Highway, near the Mumbai Metro station.
Amitabh Bachchan's real estate portfolio has been expanding rapidly over the last year, with investments exceeding ₹100 crore. In addition to the Oberoi Sky City apartments, he has purchased seven office spaces measuring 16,825 sq ft for nearly ₹90 crore and a ₹14 crore plot in The Sarayu project in Ayodhya.
The real estate market in Mumbai is experiencing a significant transformation, with redeveloped apartments flooding the market. This influx has led to speculation about the future of rental growth in the city. Will the rapid development of luxury apartments like Oberoi Sky City lead to a cooling off of rental growth?
As the Mumbai real estate market continues to evolve, Amitabh Bachchan's latest purchase is a testament to the enduring appeal of luxury living in the city.
Information
Oberoi Realty is a leading real estate developer in Mumbai, known for its high-end residential projects. The company has developed several iconic buildings in the city, including the Oberoi Sky City project in Borivali.
The House of Abhinandan Lodha (HoABL) is a Mumbai-based real estate developer, known for its plotted development projects like The Sarayu in Ayodhya.
Wadhwa Group is a prominent real estate developer in Mumbai, known for its luxury residential projects like Aquaria Grande in Borivali.
Frequently Asked Questions
How much did Amitabh Bachchan pay for the two apartments in Oberoi Sky City?
Amitabh Bachchan paid ₹6.78 crore for the two apartments in Oberoi Sky City.
What is the RERA carpet size of each apartment purchased by Amitabh Bachchan?
Each apartment purchased by Amitabh Bachchan has a RERA carpet size of 1,094 sq ft.
How much did Abhishek Bachchan pay for the six apartments in Oberoi Sky City?
Abhishek Bachchan paid ₹15.42 crore for the six apartments in Oberoi Sky City.
What is the price range of apartments in Oberoi Sky City?
The price range of apartments in Oberoi Sky City is between ₹31,000 to ₹37,000 per sq ft.
How much has Amitabh Bachchan invested in real estate over the last year?
Amitabh Bachchan has invested over ₹100 crore in real estate over the last year.
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