Bollywood's Big Real Estate Players: How Stars Like Ajay Devgn, Kajol, and Others Are Earning Big from Mumbai Properties
Mumbai's real estate market has outpaced Beijing, showcasing its undeniable appeal. Celebrities like Salman Khan, Amitabh Bachchan, and Ranbir Kapoor have heavily invested in Mumbai's real estate, reaping substantial financial rewards from their propertie
BollywoodReal EstateMumbaiAjay DevgnKaran JoharKajolAmitabh BachchanSaif Ali KhanRanbir KapoorSalman KhanReal Estate NewsSep 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. Devgn acquired these commercial properties—located on the 16th and 17th floors of Signature Tower in Andheri, Mumbai—in July 2023 for Rs 45 crore.
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. Additionally, Johar rented out his three-storey Bandra apartment to actor Imran Khan and his partner Lekha Washington for Rs 9 lakh per month.
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. This 15-year lease also involved a hefty security deposit of Rs 2.26 crore.
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.
Frequently Asked Questions
Which Bollywood celebrity has invested the most in Mumbai's real estate market?
Salman Khan, with an estimated net worth of over Rs 1,000 crore, has made substantial investments in Mumbai's real estate market.
What is the average monthly rent for a commercial property in Mumbai?
The average monthly rent for a commercial property in Mumbai can range from Rs 50,000 to Rs 5 lakh, depending on the location and size of the property.
Which Bollywood actress has invested in the Atlantis project at Hiranandani Gardens, Powai?
Kajol has invested in the Atlantis project at Hiranandani Gardens, Powai, and has leased out her 771 square feet apartment for a monthly rent of Rs 90,000.
What is the estimated net worth of Ranbir Kapoor?
Ranbir Kapoor's estimated net worth is around Rs 345 crore.
Which Bollywood celebrity has rented out their apartment in Pune's Trump Towers for Rs 4 lakh per month?
Ranbir Kapoor has rented out his 6,100 square feet apartment in Pune's Trump Towers for Rs 4 lakh per month.
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