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
Indian Realty Giants Unload Properties Worth Rs 1.17 Lakh Crore in FY24
Leading real estate companies in India, such as Macrotech Developers and Signature Global, have sold properties worth a staggering Rs 1.17 lakh crore in FY24.
Soaring Demand Drives Up Property Prices in Delhi-NCR and MMR
Average housing prices in Delhi-NCR and Mumbai Metropolitan Region (MMR) have risen by nearly 50% in the last five years, driven by higher demand and infrastructural developments.
Aditya Birla Real Estate: Pune Launch on the Cards, Expanding in Thane and Sarjapur
In a recent post-earnings call, the management of Aditya Birla Real Estate Ltd, formerly known as Century Textiles and Industries Ltd, announced the upcoming launch of a new project in Pune, along with plans to expand in Thane and Sarjapur.
ACRES 2025 Showcases Over 400 Property Projects in Egypt Pavilion
Organised by the Sharjah Chamber of Commerce and Industry (SCCI) in collaboration with the Sharjah Real Estate Registration Department (SRERD), the ACRES 2025 event is set to feature an extensive array of property projects from Egypt, highlighting the cou
The 23-Year Journey: How a UP Man Purchased Dawood Ibrahim’s Mumbai Shop
Hemant Jain took a significant risk in 2001 by purchasing a Mumbai shop linked to Dawood Ibrahim. Despite numerous bureaucratic obstacles, he finally managed to register the property after a grueling 23-year battle.
What Are the Top 20 Expectations for the Budget 2025-26?
As the Union Budget 2025-26 approaches, scheduled to be presented by Finance Minister Nirmala Sitharaman on February 1 (Saturday), the real estate industry and other sectors are bracing for significant changes and potential boosts. Here’s a detailed look