Sonam Kapoor and Anand Ahuja Acquire Iconic Rhythm House in Mumbai for Rs 47.8 Crore
Sonam Kapoor and Anand Ahuja have added Mumbai’s historic Rhythm House to their real estate portfolio. The 3,600 square foot music store, which was established in the 1940s, is located in Kala Ghoda and was previously closed due to financial issues.
Sonam KapoorAnand AhujaRhythm HouseMumbaiReal EstateReal Estate MumbaiOct 23, 2024
According to a report in Bloomberg, the couple’s Bhaane Group purchased the famed music store for a staggering Rs 478.4 million (5.7 million dollars). This acquisition adds a notable and iconic property to their real estate portfolio. The 3,600 square foot Rhythm House, established in the 1940s, is nestled in Mumbai’s Kala Ghoda district.
A resolution professional appointed by the Indian bankruptcy court, overseeing the sale, confirmed to Bloomberg, “The stakeholder committee has approved the sale of Rhythm House for 478.4 million rupees.” A spokesperson for Bhaane also verified the news. Bhaane is a division of Shahi Exports Pvt, which is owned by Sonam Kapoor’s father-in-law, Harish Ahuja.
Rhythm House has a rich history, having hosted renowned and legendary musicians like Pandit Ravi Shankar, Jethro Tull’s Ian Anderson, and various Bollywood stars. Prior to its closure, it was a beloved destination for music enthusiasts who frequented the store for vinyl records, cassettes, and later CDs and DVDs. Nirav Modi had purchased the Rhythm House in 2017 from the Curmally family for Rs 32 crore, with the intention of converting it into a luxury jewelry showroom.
In recent news, it was reported that Sonam Kapoor’s father-in-law, Harish Ahuja, invested in a property worth Rs 231.47 crore in London’s Notting Hill. Bloomberg noted that Sonam and Anand plan to convert a section of this property into their private residence after redevelopment.
Sonam Kapoor and Anand Ahuja, who tied the knot in 2018, welcomed their son Vayu in August 2022. The couple primarily resides in London but also owns a home in Delhi. On the professional front, Sonam Kapoor was last seen in the 2023 film 'Blind,' directed by Shome Makhija, and is set to begin filming for her next project in early 2025.
Frequently Asked Questions
What is Rhythm House?
Rhythm House is an iconic music store located in Mumbai’s Kala Ghoda district, established in the 1940s. It has a rich history of hosting legendary musicians and was a go-to place for music enthusiasts.
Who are Sonam Kapoor and Anand Ahuja?
Sonam Kapoor and Anand Ahuja are a celebrity couple. They got married in 2018 and have a son named Vayu. Both are known for their contributions to the entertainment industry, with Sonam being a renowned Bollywood actress.
What was the purchase price of Rhythm House?
Sonam Kapoor and Anand Ahuja acquired Rhythm House for Rs 478.4 million (5.7 million dollars) through their Bhaane Group.
Why was Rhythm House closed in 2018?
Rhythm House was closed in 2018 after its previous owner, Nirav Modi, defaulted on bank loans. Nirav Modi had purchased the store in 2017 from the Curmally family for Rs 32 crore.
What are the future plans for Rhythm House?
The future plans for Rhythm House have not been explicitly announced, but it is likely to undergo some form of redevelopment. Further details are expected to be shared by Sonam and Anand in the coming months.
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