Bollywood Royalty Invests in Mumbai's Luxury Real Estate: Big B Buys Apartments in Oberoi Sky City

Amitabh Bachchan, Abhishek Bachchan, Mumbai real estate, luxury apartments, Oberoi Sky City, Pali Hill

Mumbai Real EstateLuxury ApartmentsOberoi Sky CityPali HillAmitabh BachchanAbhishek BachchanReal Estate MumbaiJun 28, 2024

Bollywood Royalty Invests in Mumbai's Luxury Real Estate: Big B Buys Apartments in Oberoi Sky City
Real Estate Mumbai:After Abhishek Bachchan's recent purchase of six luxury apartments in Oberoi Sky City, Mumbai, his father, Amitabh Bachchan, has followed suit by buying two more apartments in the same project. The transaction, which took place on May 29, saw Big B shell out a whopping Rs 9 crore for the two apartments.

According to documents accessed by Zapkey, the two apartments, each measuring 1094 sq ft, were bought for Rs 3.39 crore each. The seller, Incline Realty Private Limited, finalized the deal on May 29.

This recent investment by the Bachchan family in Mumbai's luxury real estate market is indicative of the growing demand for high-end properties in the city. With its stunning views and luxurious amenities, Oberoi Sky City has become a coveted address for many.

Located in Pali Hill, one of Mumbai's most upscale neighborhoods, Oberoi Sky City offers its residents a sense of exclusivity and sophistication. The project's proximity to major business districts and entertainment hubs makes it an attractive option for those seeking a luxurious lifestyle.

The Bachchans are not the only Bollywood celebrities to invest in Mumbai's real estate market. Many other stars have also bought properties in the city, highlighting the growing trend of luxury living in India.

In the past few years, Mumbai's real estate market has witnessed significant growth, driven by demand from homebuyers and investors alike. The city's luxury real estate market, in particular, has seen tremendous growth, with many developers offering high-end properties with world-class amenities.

With the Bachchan family's latest investment in Oberoi Sky City, it's clear that Mumbai's luxury real estate market is here to stay. As the demand for high-end properties continues to rise, it will be interesting to see how the market evolves in the coming years.

Information
Oberoi Realty is a prominent real estate developer in India, known for its luxurious projects in Mumbai and other cities. The company has developed several iconic projects, including Oberoi Sky City, which offers luxurious apartments and penthouses with world-class amenities.

Incline Realty Private Limited is a leading real estate developer in India, known for its high-end projects in Mumbai and other cities. The company has developed several luxurious projects, including Oberoi Sky City, which offers exclusive apartments and penthouses with world-class amenities.

Frequently Asked Questions

Who bought apartments in Oberoi Sky City?

Amitabh Bachchan and Abhishek Bachchan

How much did Big B pay for the two apartments?

Rs 9 crore

Where is Oberoi Sky City located?

Pali Hill, Mumbai

What is the approximate size of each apartment?

1094 sq ft

Who is the seller of the apartments?

Incline Realty Private Limited

Related News Articles

India's Metropolitan Real Estate Boom: Q2 2024 Insights
Real Estate Pune

India's Metropolitan Real Estate Boom: Q2 2024 Insights

Explore the latest trends in India's metropolitan real estate market, including surging property prices in cities like Pune and expert insights from industry professionals.

July 9, 2024
Read Article
MahaRERA Launches Project Gradation for Homebuyers in Maharashtra
Real Estate Maharashtra

MahaRERA Launches Project Gradation for Homebuyers in Maharashtra

Maharashtra Real Estate Regulatory Authority (MahaRERA) to launch project gradation for homebuyers in October, aiming to bring transparency and quality assurance in real estate projects.

September 23, 2024
Read Article
VTP Realty's Doosri Diwali: VTP Wali Returns for Its Fifth Season
Real Estate Pune

VTP Realty's Doosri Diwali: VTP Wali Returns for Its Fifth Season

For the past six consecutive years, VTP Realty has maintained its position as Pune's leading real estate brand, consistently ranking among India's top real estate companies. This year, VTP Realty is all set to bring back its beloved 'Doosri Diwali' campai

November 13, 2024
Read Article
Khoja Shia Ishnaashri Jamaat Launches Housing Project in Palghar
real estate news

Khoja Shia Ishnaashri Jamaat Launches Housing Project in Palghar

The Khoja Shia Ishnaashri Jamaat of Mumbai has embarked on a significant housing project in Palghar, aiming to provide modern and comfortable living spaces for over 100 families. The Mulla Asghar Memorial Housing Complex, set to be ready by 2026, is a tes

December 1, 2024
Read Article
How Much $340 Could Turn Into with Rexas Finance (RXS): The Next Dogecoin Surge?
Real Estate

How Much $340 Could Turn Into with Rexas Finance (RXS): The Next Dogecoin Surge?

The crypto market is buzzing with excitement as investors eagerly seek the next big opportunity. Rexas Finance (RXS) is emerging as a promising new token with the potential to replicate Dogecoin's 2021 surge.

January 18, 2025
Read Article
Big Income Tax Relief for Property Owners in Budget 2025
Real Estate

Big Income Tax Relief for Property Owners in Budget 2025

This change is a win for the real estate market as experts see a positive outlook ahead for the industry. Now, you can claim nil...

February 10, 2025
Read Article