Mumbai: Bollywood Actress Amrita Singh Buys Luxury Apartment Worth ₹18 Crore in Vile Parle
The property on the 4th floor of the Peninsula Building in the upscale JVPD Scheme, was purchased by Amrita Singh from sellers Vaishali Shrikant. The acquisition marks a significant investment in one of Mumbai's most prestigious areas.
MumbaiVile ParleJvpd SchemeAmrita SinghReal EstateReal Estate MumbaiFeb 18, 2025
The property, situated on the 4th floor of the Peninsula Building, is located in the upscale JVPD Scheme, known for its luxurious amenities and prime location.
The sellers of the property are Vaishali Shrikant and family, who have been long-time residents of the building.
Vile Parle, a bustling suburb of Mumbai, has gained prominence over the years due to its strategic location and the presence of numerous high-end residential complexes.
The JVPD Scheme, in particular, is a premium residential and commercial development that has attracted many celebrities and high-profile individuals.
The area is renowned for its well-maintained infrastructure, excellent connectivity, and proximity to popular shopping districts, making it a desirable place to live.
The Peninsula Building, where Amrita Singh's new apartment is located, is a modern and spacious complex that offers residents a range of amenities.
These include a swimming pool, gym, club house, and landscaped gardens.
The building is also known for its security measures, ensuring a safe and comfortable living environment for its residents.
Amrita Singh, known for her roles in various Bollywood films, has been a prominent figure in the Indian film industry for several years.
Her recent acquisition of the luxury apartment reflects her growing financial success and her desire to invest in premium real estate.
The purchase is expected to enhance her lifestyle and provide a comfortable home for her and her family.
Real estate experts in Mumbai have noted that the JVPD Scheme has seen a significant increase in property values over the past few years, thanks to its desirability and the presence of high-net-worth individuals.
The acquisition by Amrita Singh is likely to further boost the area's appeal and attract more investors.
The transaction, facilitated by a reputed real estate agency, is a testament to the robust real estate market in Mumbai, particularly in areas like Vile Parle.
The agency, known for its expertise in handling high-value transactions, played a crucial role in ensuring a smooth and seamless process for both the buyer and the seller.
In the coming years, the JVPD Scheme is expected to see further development, with plans for new residential and commercial projects.
This will likely contribute to the area's continued growth and desirability, making it an attractive option for those looking to invest in high-end real estate.
Amrita Singh's decision to invest in the Peninsula Building underscores the importance of strategic real estate investments in Mumbai.
With its prime location and premium amenities, the building offers a perfect blend of luxury and convenience, making it an excellent choice for affluent buyers like Amrita Singh.
As she settles into her new home, Amrita Singh is poised to enjoy the many benefits of living in one of Mumbai's most prestigious neighborhoods.
The apartment is not just a symbol of her success but also a reflection of her commitment to providing a high-quality living environment for her family.
For more information about the JVPD Scheme and the Peninsula Building, interested parties can contact the real estate agency that handled the transaction.
They will be happy to provide details about the property and the area, helping potential buyers make informed decisions.
In conclusion, Amrita Singh's acquisition of the luxury apartment in Vile Parle is a significant milestone in her personal and professional life.
It marks a strategic investment in a prime location and sets a new benchmark for high-end real estate in Mumbai.
Frequently Asked Questions
Where is the Peninsula Building located?
The Peninsula Building is located in Vile Parle, specifically within the upscale JVPD Scheme in Mumbai.
Who purchased the luxury apartment in the Peninsula Building?
Bollywood actress Amrita Singh purchased the luxury apartment in the Peninsula Building.
How much did Amrita Singh pay for the apartment?
Amrita Singh paid ₹18 crore for the luxury apartment in the Peninsula Building.
What are some amenities offered by the Peninsula Building?
The Peninsula Building offers amenities such as a swimming pool, gym, club house, and landscaped gardens.
Why is the JVPD Scheme a desirable location for real estate investment?
The JVPD Scheme is desirable due to its prime location, well-maintained infrastructure, excellent connectivity, and proximity to popular shopping districts, making it a preferred choice for high-net-worth individuals and celebrities.
Related News Articles
Mumbai's Real Estate Market Booms: Macrotech Developers Sells Luxury Apartment for ₹187 Crore in Worli
In a significant transaction that underscores the robustness of Mumbai's luxury real estate market, Macrotech Developers has sold a luxury apartment in Worli for a whopping ₹187 crore. This deal highlights the enduring appeal of prime locations and high-e
Sunteck Realty Reports Net Profit of Rs 101.33 Crore in Q4 FY24
Sunteck Realty's net consolidated total income stood at Rs 434.99 crore in Q4 FY24
Mumbai Real Estate Scam: Man Arrested for Duping Developer of ₹4 Crore & 3.5Kg Gold
A 72-year-old real estate developer was duped of ₹4 crore and 3.5kg gold by a wanted real estate agent, who promised him a vacant plot in Worli for development.
Soaring Real Estate Prices Force Zara to Close Flagship Mumbai Store
Global fashion giant Zara has shut down its flagship store in Mumbai's Hutatma Chowk due to unsustainable high rental costs, highlighting the growing challenge of India's overpriced real estate market.
Arvind SmartSpaces Launches Rs 600 Crore Housing Project in Bengaluru
Arvind SmartSpaces is expanding its footprint in Bengaluru with a Rs 600 crore housing project, marking its 12th project and 8th high-rise development in the city. Located on ITPL road near Whitefield, the project aims to deepen the company’s presence in
PM Modi to Unveil Ambitious Infrastructure Projects in Mumbai Worth Over Rs 29,400 Crore
Real Estate, Infrastructure Development, Mumbai, Pune Mumbai Expressway, Thane Borivali Tunnel Project