Bollywood Superstar Amitabh Bachchan's Rs 60 Crore Office Space Investment in Mumbai

Bachchan's recent purchase of three office units in Mumbai's Andheri West highlights the importance of real estate investment in the city's competitive market.

Amitabh BachchanMumbai Real EstateBollywoodCommercial PropertyInvestmentReal Estate MumbaiJun 26, 2024

Bollywood Superstar Amitabh Bachchan's Rs 60 Crore Office Space Investment in Mumbai
Real Estate Mumbai:Bollywood legend Amitabh Bachchan has made a significant investment in Mumbai's commercial real estate market by acquiring three office units in Andheri West's Veer Savarkar Signature building. The purchase, worth a whopping Rs 59.58 crore, includes three car parking slots and spans a total area of 8,429 square feet. This is not Amitabh's first venture into commercial real estate, as he already owns four office spaces in the same building, which he rented out last year for an annual rent of Rs 2.07 crore.

Amitabh's latest purchase coincides with a significant property acquisition by his son, Abhishek Bachchan. Abhishek recently bought six apartments in Borivali's Oberoi Sky City project by Oberoi Realty, covering an area of 4,894 square feet and worth Rs 15.42 crore. Both Amitabh and Abhishek have yet to address these reports regarding their substantial property investments this year.

The acquisitions by the Bachchans highlight their continued investment in prime real estate, reflecting their business acumen and solidifying their presence in Mumbai's competitive property market. This move also underscores the importance of real estate as a stable and lucrative investment for celebrities, providing a source of steady income and long-term value.

Information
Amitabh Bachchan is a renowned Indian film actor, playback singer, and television host. He has appeared in over 190 films and has won numerous awards, including four National Film Awards and fifteen Filmfare Awards.

Information
Oberoi Realty is a leading real estate developer in Mumbai, known for its luxury residential and commercial projects. The company has developed several iconic projects in Mumbai, including the Oberoi Sky City project in Borivali.

FloorTap.com is a leading online platform providing insights and information on the Indian real estate market.

The House of Abhinandan Lodha (HoABL) is a prominent real estate developer in India, known for its luxury residential and commercial projects.

Frequently Asked Questions

How much did Amitabh Bachchan pay for the three office units in Mumbai?

Rs 59.58 crore

Where are the office units located?

Andheri West's Veer Savarkar Signature building

What is the total area of the office units?

8,429 square feet

How many car parking slots did Amitabh Bachchan purchase?

Three

What is the name of Abhishek Bachchan's recent property acquisition?

Oberoi Sky City project in Borivali

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