Bollywood actors like Ronit Roy, Shahid Kapoor, and Amitabh Bachchan are investing in luxury apartments in Mumbai, boosting the city's real estate market.
Real Estate MarketLuxury ApartmentsMumbaiBollywood ActorsRonit RoyShahid KapoorAmitabh BachchanReal Estate NewsJul 06, 2024
Ronit Roy has purchased a 4,258 sq ft apartment in Versova area of Mumbai for ₹18.94 crore.
Shahid Kapoor and his wife Mira Kapoor own a sea-view apartment worth around ₹60 crore in Oberoi 360 West project in Worli area of Mumbai.
Amitabh Bachchan paid ₹6.78 crore for two apartments in Oberoi Sky City project in Borivali area of Mumbai.
Macrotech Developers, also known as Lodha, is the real estate developer behind the Lodha Versova project.
The real estate market in Mumbai is currently growing, driven by the demand for luxury apartments and the city's reputation as a financial hub.
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Priyanjali Mariwala, part of the promoter family of Marico, has purchased a luxury apartment in Mumbai's Bandra-Kurla Complex for Rs 65.25 crore, with a high per sq ft rate of Rs 78,690.
MIRAI JMAC and Prathamus Ventures have launched a strategic partnership to establish a global real estate platform, focusing on the Indian market, with a significant presence in Mumbai, Pune, and Bangalore.
The Mumbai-headquartered conglomerate has formed a new holding company, Shapoorji Pallonji Real Estate (SPRE), to consolidate its real estate holdings across key cities.
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REITs comprise a portfolio of commercial real estate assets, most of which are already leased out.