Father's Day Special: High-Value Property Deals Between Bollywood Father-Son Duos
On Father's Day, we delve into the real estate transactions involving Bollywood's father-son pairs, from Hrithik and Rakesh Roshan to Amitabh and Abhishek Bachchan.
Fathers DayReal EstateBollywoodProperty DealsTax BenefitsReal EstateJun 15, 2025
Among the recent high-profile deals is the sale of three properties by Bollywood star Hrithik Roshan and his father, Rakesh Roshan. Cricketer KL Rahul also made headlines with a property purchase involving his father-in-law, actor Suniel Shetty.
In another notable case, Amitabh Bachchan and his son, Abhishek Bachchan, were part of a major bulk real estate investment, further emphasizing the role of family ties in big-ticket property transactions.
Hrithik Roshan and Rakesh Roshan Sell Three Apartments
Hrithik Roshan and his father, Rakesh Roshan, recently sold three residential apartments for ₹6.75 crore in Mumbai's Andheri area, according to property registration documents reviewed by SquareYards. The three apartments measure close to 2,000 sq ft and have been sold in two different buildings.
In the first transaction, Rakesh Roshan sold a 1,025 sq ft apartment in a building named Veejays Niwas CHS Limited in Andheri West. The property, along with two parking spaces, was sold to Sonali Ajmera for ₹3.75 crore. The transaction was registered on May 25, 2025, and involves a stamp duty payment of ₹18.75 lakh and registration charges of ₹30,000, as documents show.
In the second transaction, Rakesh Roshan sold a 625 sq ft apartment in a building named Raheja Classique in Andheri West for ₹2.20 crore to three individuals named Jeevan Bhavanani, Shilpa Wadhwani, and Gaurav Wadhwani.
In the third transaction, Hrithik Roshan sold a 240 sq ft apartment in the same building, named Raheja Classique, in Andheri West, for ₹80 lakh to the same homebuyers as mentioned in the second transaction.
Bachchans’ Big-Ticket Property Deals
According to data accessed by SquareYards, Amitabh Bachchan and his son, Abhishek Bachchan, acquired properties worth over ₹100 crore and measuring 27,000 sq ft over 2024. In 2024, Amitabh Bachchan invested over ₹76 crore in the Mumbai real estate market, while Abhishek Bachchan invested over ₹30 crore. The father-son duo invested in the residential and commercial segments throughout the year.
In June 2024, Abhishek Bachchan was in the news for purchasing six apartments for ₹15.42 crore in the Oberoi Sky City project by Oberoi Realty in the Borivali area of Mumbai, according to property registration documents accessed by Zapkey.com. According to property registration documents accessed by Square Yards, the father-son duo was in the news in October 2024 for purchasing 10 apartments worth ₹24.95 crore in Mumbai's Mulund area. The apartments were purchased in a project named Oberoi Eternia.
This was a bulk deal, which typically comes with a discount, as it helps developers generate immediate cash flow through the sale of multiple units. By reducing the developer’s financing costs, such deals often allow for price benefits to be passed on to the bulk buyer, real estate consultants explained.
Apart from the above investments in the Mumbai real estate market, in April 2024, Amitabh Bachchan bought a 10,000 sq ft land parcel in Alibaug for ₹10 crore from The House of Abhinandan Lodha (HoABL). In January 2024, he bought land from the same developer in Ayodhya in its project, The Sarayu, a 7-star mixed-use enclave coming up in the temple town. The land measured around 10,000 square feet and was purchased for ₹14.5 crore.
He expanded his real estate footprint in Ayodhya, home to the Ram Mandir, this year with the purchase of another land parcel recently, this time a 25,000 sq ft plot adjacent to The Sarayu, a luxury plotted development by Mumbai-based real estate firm The House of Abhinandan Lodha (HoABL) for around ₹40 crore.
Suneil Shetty and His Son Ahan Shetty Invest in Properties in Mumbai
Suneil Shetty and his son, Ahan Shetty, were in the news for purchasing multiple properties in Mumbai. The duo purchased a 1,200-square feet property in Mumbai for ₹8.01 crore through a bank auction, property registration documents accessed through proptech platform Square Yards showed. According to the documents, the property is located in Khar West (Bandra) neighbourhood of the financial capital. It was a ‘Sale Certificate’ and the property was acquired by the father and son through a bank auction purchase, Square Yards said.
Cricketer K L Rahul and His Father-in-Law, Actor Suniel Shetty, Buy Land for ₹9.85 Crore
In April this year, cricketer KL Rahul and his father-in-law, Bollywood actor Suniel Shetty, jointly acquired a seven-acre land parcel in Owale at Thane West, near Mumbai, for ₹9.85 crore, according to property registration documents accessed by Square Yards.
Are There Any Tax Benefits in Joint Property Ownership?
According to financial experts, joint property purchases among family members, whether between father and son, husband and wife, or any two individuals, can offer several advantages, particularly from a tax perspective. “There are no exclusive tax benefits for a father and son buying property together, but there are general advantages,” an expert explains. “One key benefit is that the property becomes a joint asset with shared liability, which can be strategically useful for tax planning.”
In the event of the father’s death, co-ownership also enables the son to automatically inherit the property without the need for probate or a will, making the process faster and legally simpler. Increasingly, families are opting for joint ownership to avoid future legal complications and streamline the inheritance process, the expert said.
According to Aditya Zantye, a Mumbai-based chartered accountant, “Whether it is a father-son duo or a husband and wife, any rental income generated from the property is considered joint income. This serves both a legal purpose and offers benefits from a taxation standpoint.”
Frequently Asked Questions
What are some recent high-profile real estate deals involving Bollywood father-son pairs?
Recent high-profile deals include Hrithik Roshan and Rakesh Roshan selling three apartments in Mumbai's Andheri for ₹6.75 crore, and Amitabh Bachchan and Abhishek Bachchan investing over ₹100 crore in properties in Mumbai and Ayodhya.
How did Amitabh and Abhishek Bachchan invest in the real estate market in 2024?
In 2024, Amitabh Bachchan invested over ₹76 crore and Abhishek Bachchan invested over ₹30 crore in the Mumbai real estate market, including purchases in residential and commercial segments.
What property did Suneil Shetty and his son Ahan Shetty purchase in Mumbai?
Suneil Shetty and his son Ahan Shetty purchased a 1,200-square feet property in Khar West, Mumbai, for ₹8.01 crore through a bank auction.
What land did KL Rahul and his father-in-law Suniel Shetty buy in Thane?
KL Rahul and his father-in-law Suniel Shetty jointly acquired a seven-acre land parcel in Owale, Thane, near Mumbai, for ₹9.85 crore.
What are the tax benefits of joint property ownership?
Joint property ownership can offer tax benefits such as shared liability, automatic inheritance in case of death, and joint consideration of rental income for tax purposes.
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