Bollywood's Big Real Estate Players: A Look at the Stars' Lucrative Investments
Ajay Devgn, Kajol, Amitabh Bachchan, and other Bollywood stars are making big bucks from their real estate investments in Mumbai. Here's a closer look at their lucrative deals.
BollywoodReal EstateMumbaiInvestmentsAjay DevgnKajolAmitabh BachchanSaif Ali KhanRanbir KapoorSalman KhanReal Estate PuneSep 15, 2024
Ajay Devgn, known for his powerful performances on-screen, is making significant strides in real estate. In early September, Devgn leased out a 3,455 square feet of commercial space for a monthly rent of Rs 7 lakh. The lease deal, spanning five years, also included a substantial security deposit of Rs 30 lakh.
Filmmaker Karan Johar, renowned for his luxurious lifestyle, has made lucrative investments in Mumbai's real estate market. In 2021, he leased out two commercial properties under Dharma Productions for monthly rents of Rs 17.56 lakh and Rs 6.15 lakh, respectively.
Kajol, one of Bollywood's most celebrated actresses, has strategically invested in Mumbai real estate. With an estimated net worth of around Rs 240 crore, Kajol has numerous properties in the city. One notable deal involves leasing her 771 square feet apartment in the Atlantis project at Hiranandani Gardens, Powai, for a monthly rent of Rs 90,000.
Amitabh Bachchan, a towering figure in Bollywood, has made substantial investments in Mumbai's real estate. In 2021, he leased out the ground floor of the Vatsa and Ammu bungalow near Jalsa to the State Bank of India for Rs 18.90 lakh per month.
Saif Ali Khan has also made a notable impact in Mumbai's real estate market. Khan has leased out a 1,500 square feet apartment in Bandra to Guilty by Association Media LLP for a monthly rent of Rs 3.5 lakh.
Ranbir Kapoor, known for his diverse roles in Bollywood, has significantly invested in real estate. With an estimated net worth of Rs 345 crore, Kapoor's real estate ventures include renting out his 6,100 square feet apartment in Pune's Trump Towers for Rs 4 lakh per month.
Salman Khan, one of Bollywood's highest-paid actors, has leveraged his wealth to make substantial real estate investments. According to the Economic Times, Khan earns an impressive Rs 1 crore monthly from a rental agreement with LandCraft.
Mumbai's real estate market continues to thrive, attracting investments from some of Bollywood's most prominent stars. With their lucrative deals and strategic investments, these celebrities are reaping substantial financial rewards from their properties.
Frequently Asked Questions
Which Bollywood star has made the most lucrative real estate investment in Mumbai?
According to the article, Salman Khan earns an impressive Rs 1 crore monthly from a rental agreement with LandCraft.
How much did Ajay Devgn lease out his commercial space for?
Ajay Devgn leased out a 3,455 square feet of commercial space for a monthly rent of Rs 7 lakh.
What is the estimated net worth of Kajol?
Kajol's estimated net worth is around Rs 240 crore.
How much did Amitabh Bachchan lease out the ground floor of the Vatsa and Ammu bungalow for?
Amitabh Bachchan leased out the ground floor of the Vatsa and Ammu bungalow near Jalsa to the State Bank of India for Rs 18.90 lakh per month.
Which celebrity has invested in Pune's Trump Towers?
Ranbir Kapoor has invested in Pune's Trump Towers and rents out his 6,100 square feet apartment for Rs 4 lakh per month.
Tags:
Related News Articles
Stuck in Limbo: Will Homebuyers Ever Get Their Dream Homes?
Thousands of homebuyers are still waiting to receive their apartments from stressed real estate projects. Despite the boom in the sector, resolution and execution remain the biggest roadblocks.
Emerging Real Estate Opportunities: Senior Living and Kid-Centric Homes
The Indian real estate sector is witnessing a shift towards specialized housing, particularly in senior living and kid-centric spaces. These segments are not just about living; they are about enhancing the quality of life for specific age groups.
Maharashtra Ministers' Wealth Soars: Aditi Tatkare and Sanjay Rathod Report Significant Increases
Election affidavits filed by 27 outgoing state ministers in Maharashtra reveal a substantial increase in their assets, primarily driven by land and property acquisitions.
HDFC Capital Invests Rs 1.5K Crore in Eldeco for Tier II-III Housing Projects
HDFC Capital, a leading investment firm, has made a significant investment of Rs 1.5K crore in Eldeco, a renowned real estate developer, to boost residential projects in Tier II and III cities. This strategic move aims to capitalize on the growing demand for affordable housing in smaller cities.
TARC Struggles with Stock Decline in a Challenging Market Environment
TARC, a small-cap construction and real estate company, experienced a significant drop in its stock value today, reflecting broader market challenges and mixed performance in the sector.
Brigade Enterprises Sees 31% Leap in Property Sales to Rs 7,847 Crore in FY25
Brigade Enterprises, a leading real estate developer in South India, reported a significant 31% increase in property sales to Rs 7,847 crore in FY25, driven by robust demand for residential projects.