Bollywood Stars Invest in Real Estate: Shah Rukh Khan and Amitabh Bachchan Back Friend’s Firm
Shah Rukh Khan and Amitabh Bachchan have made significant investments in Anand Pandit's real estate company, Sri Lotus Developers and Realty, ahead of its public listing.
Real EstateBollywoodInvestmentSebiIpoReal EstateMay 21, 2025
The firm has received the Securities and Exchange Board of India (SEBI)’s green signal for a Rs 792 crore Initial Public Offering (IPO). Previously, in December, they raised Rs 400 crore by issuing shares at Rs 150 each. The Shah Rukh Khan Family Trust bought 6.75 lakh shares for Rs 10.1 crore, while Amitabh Bachchan invested Rs 10 crore.
Both SRK and Bachchan are known for their luxurious mansions in Mumbai, which have become popular tourist attractions. Shah Rukh Khan's residence, Mannat, and Amitabh Bachchan's Jalsa, are iconic landmarks in the city. Additionally, both stars own significant properties across the country, reflecting their immense wealth and influence in the entertainment industry.
Anand Pandit, the founder of Sri Lotus Developers and Realty, spoke about his real estate firm in a chat with SCREEN and cited Amitabh Bachchan’s film Trishul as an early inspiration. “I have grown up watching Amitabh Bachchan’s films. His film, Trishul, really inspired me and motivated me to leave Ahmedabad and move to Mumbai. And I also wanted to have my own Shanti Construction Company, and fortunately today I have made Lotus Developers. His character Vijay inspired me to be where I am today. It is all because of Bachchan sahab,” he said.
Pandit shared that he eventually bought the property next to Big B’s house, Jalsa, for Rs 50 crore in 2013, and when the star wanted to expand his property, he sold it back to him. “I was an ardent fan who had grown up watching his films and a twist of fate then made me his neighbour when I bought a bungalow next to his. I eventually ended up selling it back to him and that is when we grew closer,” he said.
At Anand’s birthday party recently, Shah Rukh joked about the businessperson’s vast real estate holdings. “In the night, at 12-1 am, he comes visits me and we roam around Juhu. He doesn’t tell me, ‘This is my building, that is my building.’ Instead, in the two-kilometre drive, he tells me barring two to three buildings, all buildings are his. Our journey becomes easy,” Shah Rukh said.
This investment by the Bollywood stars not only highlights their financial acumen but also underscores the growing trend of celebrities diversifying their investment portfolios. The real estate sector, particularly in Mumbai, continues to be a lucrative and stable investment option, attracting both individual and institutional investors.
Frequently Asked Questions
How much did Shah Rukh Khan and Amitabh Bachchan invest in Sri Lotus Developers and Realty?
Shah Rukh Khan invested Rs 10.1 crore and Amitabh Bachchan invested Rs 10 crore in Sri Lotus Developers and Realty.
What is the name of the real estate firm that received investments from these Bollywood stars?
The real estate firm is named Sri Lotus Developers and Realty.
Who are some other Bollywood stars that have invested in this real estate firm?
Other Bollywood stars who have invested include Hrithik Roshan, Ajay Devgn, Ektaa Kapoor, Sara Ali Khan, Tiger Shroff, and Rajkummar Rao.
What is the significance of Amitabh Bachchan’s film Trishul for Anand Pandit?
Amitabh Bachchan’s film Trishul inspired Anand Pandit to move to Mumbai and start his own real estate company, Sri Lotus Developers and Realty.
What did Shah Rukh Khan say about Anand Pandit’s real estate holdings?
Shah Rukh Khan joked that Anand Pandit owns a vast chunk of Mumbai, saying that during their night drives, almost all the buildings belong to Anand.
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