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.
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