Javed Akhtar, the renowned Indian lyricist and screenwriter, made a significant investment in Mumbai's real estate by purchasing a 4,000 sq ft bungalow on Bandra Bandstand for Rs 5 lakh in the 1970s. This story highlights the keen financial acumen and foresight of the literary maestro.
Javed AkhtarReal EstateMumbaiBandra BandstandProperty InvestmentReal Estate MumbaiMay 13, 2025
Javed Akhtar paid Rs 5 lakh for the 4,000 sq ft bungalow on Bandra Bandstand in the 1970s.
The bungalow was previously owned by BR Chopra, a well-known film producer and director.
The current estimated value of the bungalow is north of Rs 50 crores.
Javed Akhtar recognized the growth potential of Bandra and the strategic location of Bandra Bandstand as an up-and-coming area in Mumbai.
The bungalow symbolizes a source of pride, a symbol of hard work and dedication, and a cherished family home that has stood the test of time.
Catch the live scorecard and updates of the ICCA Arabian T10 match between Smart Cube Kings 11 and Spades Real Estate
Hyderabad's real estate market is witnessing unprecedented growth, driven by government initiatives and strategic expansions. But what lies ahead for this thriving market?
New GST notices on leasehold land transfers are causing concerns in the real estate sector. The notices have been issued by the tax authorities, and they are seeking clarification on the tax implications of such transfers.
Learn the steps to claim Public Provident Fund (PPF) account funds when the account holder has passed away, especially if there are discrepancies in the nominee's name.
In an exclusive interview, Kilachand sheds light on the ambitious vision behind Ananta, a luxury real estate development that is set to redefine the realty landscape in Alibaug. Discover how this innovative project is poised to revolutionize the region's
M3M India, a prominent real estate developer, has announced its plan to close a ₹1300 crore loan from Indiabulls by the first quarter of the fiscal year 2026. This strategic move underscores the company's commitment to financial discipline and long-term growth.