Luxury Living: Amitabh Bachchan's Latest Investment in Mumbai's Borivali Suburb
Amitabh Bachchan buys two luxury apartments in Mumbai's Borivali suburb, a prime location for real estate investments.
Luxury ApartmentsMumbai Real EstateCelebrity InvestmentsAmitabh BachchanOberoi RealtyReal Estate MumbaiJun 28, 2024
The apartments, spread over 2,188 sq ft, are located on the 57th floor of the tower, the same floor where his son Abhishek Bachchan recently acquired six apartments. Bachchan purchased the apartments from Incline Realty, a subsidiary of Oberoi Realty, for nearly Rs 7 crores. The deal was registered on May 29, with Bachchan paying a stamp duty of Rs 40.72 lakh.
This is not Bachchan's first foray into Mumbai's real estate market. Recently, he purchased three office properties in a commercial project in Oshiwara locality of Andheri, Mumbai's western suburb. The transactions involving the Bachchan family have created a buzz in the property market, as most celebrity deals were previously concluded in South, Central Mumbai, and prime localities such as Bandra, Khar, and Juhu.
Real estate continues to be a top investment choice for high-net-worth individuals, including Bollywood celebrities. Many prominent personalities from the film industry, including Shahrukh Khan, Shilpa Shetty, Akshay Kumar, Aishwarya Rai, and Abhishek Bachchan, have actively invested in various real estate ventures. They have strategically diversified their portfolios by acquiring properties across prime locations.
In recent quarters, notable celebrities like Ranveer Singh, Hrithik Roshan, Rani Mukherjee, Alia Bhatt, Disha Patani, and Janhvi Kapoor have also been involved in multiple high-profile transactions, focusing particularly on luxurious and upscale properties.
Oberoi Realty is a leading real estate developer in India, known for its premium residential and commercial projects in Mumbai and other cities.
Incline Realty is a subsidiary of Oberoi Realty, a reputable name in India's real estate industry.
Frequently Asked Questions
Who has bought two luxury apartments in Mumbai's Borivali suburb?
Amitabh Bachchan
What is the size of the apartments bought by Amitabh Bachchan?
2,188 sq ft
Who is the developer of the residential project where Amitabh Bachchan bought the apartments?
Oberoi Realty
What is the value of the apartments bought by Amitabh Bachchan?
Nearly Rs 7 crores
Which other celebrity has invested in the same residential project?
Abhishek Bachchan
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