Bollywood Legend Dilip Kumar's Pali Hill Bungalow Sold for a Whopping Rs 172 Crore
The iconic sea-facing triplex apartment has been purchased by Apco Infratech Private Limited, marking the end of a long-standing legal battle.
Dilip KumarPali HillMumbaiBollywoodReal EstateReal Estate MumbaiJul 26, 2024
Dilip Kumar, who passed away on July 7, 2021, at the age of 98, had bought the Bandra West property in 1953 from Mohammad Latif for Rs 1.4 lakh and resided there for fifty years. However, the property was involved in legal disputes for several years, with Kumar's family accusing a real estate firm of forging documents to seize the property. After a lengthy court battle, Saira Banu, Dilip Kumar's wife, regained possession of the keys in 2017. Now, all legal issues have been resolved, and the property is free of disputes.
The sale of the bungalow marks the end of a long-standing legal battle, bringing closure to a chapter in the life of the legendary actor. The property, steeped in history, will now be in the hands of Apco Infratech Private Limited, a company known for its real estate developments.
Dilip Kumar was a renowned Indian film actor, producer, and philanthropist who was active in Hindi cinema for over six decades. He was known for his iconic roles in films like 'Andaz', 'Mughal-e-Azam', and 'Ganga Jamuna'. Kumar was awarded the Padma Bhushan in 1991 and the Padma Vibhushan in 2015 for his contributions to Indian cinema.
Apco Infratech Private Limited is a leading real estate development company that specializes in creating luxury residential and commercial projects. With a focus on quality and innovation, the company aims to provide exceptional living experiences to its customers.
Frequently Asked Questions
Who bought Dilip Kumar's Pali Hill bungalow?
Apco Infratech Private Limited
How much was the bungalow sold for?
Rs 172 crore
What is the carpet area of the triplex apartment?
9,527 square feet
Who is the wife of Dilip Kumar?
Saira Banu
When did Dilip Kumar pass away?
July 7, 2021
Related News Articles
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.
Sebi Chief Remains Tight-Lipped on Real Estate Investment Trusts
REITs comprise a portfolio of commercial real estate assets, most of which are already leased out.
PGA of America Launches State-of-the-Art Golf Courses in Mumbai, Navi Mumbai, and Hyderabad
AIVOT Golf & Sports Management collaborates with Shapoorji Pallonji Real Estate, Stonecraft Group, and Tvastar Golf to introduce PGA of America-branded golf courses in Mumbai, Navi Mumbai, and Hyderabad, setting a new standard for golf excellence in India
Raymond Expands Real Estate Footprint with Mahim Project Deal
Raymond, in a strategic move, has signed a Joint Development Agreement for a prestigious residential project in the prime location of Mahim West, Mumbai.
Amrita Singh, Zaheer Khan Among Celebrities Investing in Mumbai's Luxury Real Estate
Amrita Singh and Zaheer Khan are among the latest celebrities making significant investments in Mumbai's luxury real estate market. Discover the trends and insights of these high-profile investments.
SP Group Raises $3.3 Billion from Five Funds to Boost Real Estate and Construction Projects
SP Group secures a significant $3.3 billion investment from five prominent funds, aimed at refinancing and expanding its real estate and construction projects. This strategic move will help the company solidify its position in the market and drive sustain