Sonam Kapoor and Anand Ahuja Acquire Nirav Modi’s Iconic Rhythm House for ₹47.8 Crore
Sonam Kapoor and her husband Anand Ahuja have made a significant real estate investment by acquiring Rhythm House, a coveted music store in Kala Ghoda, Mumbai, for ₹47.8 crore.
Sonam KapoorAnand AhujaRhythm HouseKala GhodaReal EstateReal Estate MumbaiOct 23, 2024
Rhythm House, a landmark in Mumbai's cultural landscape, has been a hub for music enthusiasts for decades. Situated in the heart of Kala Ghoda, the store has been a go-to destination for those seeking the latest albums, musical instruments, and a vibrant atmosphere filled with the love for music. The acquisition of this iconic property not only adds to the Kapoors' real estate portfolio but also signifies their commitment to preserving Mumbai's rich cultural heritage.
on Rhythm House
Rhythm House has a storied history dating back to the 1960s. It was originally founded by eminent musicologist Dhunaben Hazaripurwala and her husband Mithunbhai Hazaripurwala. Over the years, it has hosted numerous live performances and events, making it a cultural landmark in Mumbai. The store's sale to Sonam Kapoor and Anand Ahuja is a significant moment, as it marks the continuation of its legacy under new ownership.
Sonam Kapoor and Anand Ahuja A powerhouse couple
Sonam Kapoor, a renowned Indian actress and fashion icon, has been making waves in the entertainment industry for over a decade. Her husband, Anand Ahuja, comes from a prominent business family and has been actively involved in various business ventures. Together, they have not only built a strong personal brand but also demonstrated a keen interest in real estate investments.
The Significance of the Acquisition
The purchase of Rhythm House is not just a business transaction but a commitment to preserving a cultural icon. Mumbai, known for its bustling streets and vibrant culture, has seen significant changes in recent years. By acquiring Rhythm House, Sonam and Anand are ensuring that this cherished landmark continues to thrive and remains a part of the city's cultural fabric.
Real Estate Portfolio
This acquisition is not the first for the couple. They have previously invested in various properties in different parts of Mumbai, reflecting their strategic approach to real estate. The purchase of Rhythm House, however, stands out due to its historical and cultural significance. It is expected that the property will undergo some renovations to enhance its appeal while maintaining its original charm.
Future Plans
While the couple has not yet disclosed their detailed plans for Rhythm House, it is clear that they are committed to its preservation. They may explore various options, such as hosting more live performances, setting up a music museum, or even collaborating with local artists to create a more dynamic and engaging space.
Sonam Kapoor and Anand Ahuja are a well-known couple in the Indian entertainment and business circles. Sonam Kapoor, a leading actress and fashion icon, has starred in numerous hit films and has a dedicated fan base. Anand Ahuja, from a prominent business family, has been involved in various successful ventures. Together, they have built a strong brand and are known for their philanthropic efforts and strategic business investments.
Frequently Asked Questions
What is Rhythm House?
Rhythm House is an iconic music store in Kala Ghoda, Mumbai, known for its rich history and cultural significance. It has been a hub for music enthusiasts for decades, hosting numerous live performances and events.
Who are the new owners of Rhythm House?
The new owners of Rhythm House are Sonam Kapoor and her husband Anand Ahuja, a well-known couple in the Indian entertainment and business circles.
How much did Sonam Kapoor and Anand Ahuja pay for Rhythm House?
Sonam Kapoor and Anand Ahuja acquired Rhythm House for ₹47.8 crore, a significant investment in their real estate portfolio.
What is the historical significance of Rhythm House?
Rhythm House has a storied history dating back to the 1960s. It was founded by musicologist Dhunaben Hazaripurwala and her husband and has been a cultural landmark in Mumbai, hosting numerous live performances and events.
What are the future plans for Rhythm House?
While the detailed plans have not been disclosed, Sonam Kapoor and Anand Ahuja are committed to preserving the cultural icon. They may explore options such as hosting more live performances, setting up a music museum, or collaborating with local artists.
Related News Articles
Bajaj Housing Finance IPO: Simplify Your Investment with One Click
BHFL is a subsidiary of Bajaj Finance Limited, and in the housing finance market, it is one of the most prominent players, owing to which there has been a massive anticipation towards its IPO.
Nelamangala: A Rising Star in Real Estate - Why Investors Should Act Now
Nelamangala, a bustling town on the outskirts of Bengaluru, is rapidly gaining prominence in the real estate market. With its strategic location and burgeoning infrastructure, it presents a golden opportunity for investors looking to capitalize on the gro
Real Estate in 2025: A Year of Transformation and Growth
Industry leaders and analysts share their insights on the residential market trends and outlook for 2025.
Maharashtra Real Estate Body Directs Self-Regulatory Organisations to Replace Builders
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued a directive to self-regulatory organisations (SROs) to take over the management of certain projects from builders who have failed to comply with regulations. This move aims to ensure t
Cement Prices Drop 7% in April-January FY25: Industry Report
Cement prices experienced a significant decline of 7% during the April-January period of FY25, according to a recent industry report. This decrease is attributed to increased production from recently acquired capacities and improved operational efficiency
Mumbai's Iconic Laxmi Nivas Bungalow Finds New Owner for a Whopping Rs 276 Crore
Mumbai's prestigious Malabar Hill area has seen a significant real estate transaction with the sale of the iconic Laxmi Nivas bungalow for a staggering Rs 276 crore. The property, known for its opulence and historical significance, has found a new owner,