Bollywood star Amitabh Bachchan celebrates his 82nd birthday today. Take a look at the real estate portfolio of Bollywood stars.
₹194 million real estate investment” title=”Amitabh Bachchan tops the list of film stars who prefer investing in residential and commercial real estate with ₹194 million real estate investment ” /> Investing ₹194 million in real estate” title=”Amitabh Bachchan invests ₹194 million in list of movie stars who prefer investing in residential and commercial real estate, Amitabh Bachchan invests ₹194 million in real estate With an investment of Rs 94 million, he topped the list of movie stars who prefer investing in residential and commercial real estate.
With an investment of Rs 194 crore in real estate, Amitabh Bachchan has topped the list of film stars who prefer investing in residential and commercial real estate. According to data shared by real estate consultancy Squareyard, the Bachchan family has invested this amount in residential and commercial real estate assets spread over an area of 1.8 million sq ft in Mumbai over the past four years.
Other actors who have invested in real estate include Janhvi Kapoor, who invested Rs 169 million. Ranveer Singh, Deepika Padukone and their family invested Rs 156 million in real estate. According to data compiled by SquareYards, Ajay Devgn and Kajol invested Rs 110 million, while Shahid Kapoor invested Rs 59 million.
Celebrities like to diversify their portfolios across asset classes, but residential real estate remains popular, accounting for 62% of all transactions. Commercial real estate is also gaining momentum, with celebrities eyeing properties in key smaller markets for guaranteed rental income, according to Squareyard.
Amitabh Bachchan has topped the list of movie stars who prefer investing in residential and commercial properties with an investment of Rs 194 crore in real estate.
Big B’s recent real estate investments
The Bettayan star has invested over Rs 100 crore in real estate in financial hub Alibaug and temple town Ayodhya in the past one year.
The Kalki star, who appeared in 2898 AD, bought three more commercial properties with a carpet area of 8,429 sq ft in Mumbai’s Andheri West for around Rs 600 crore in June, according to real estate registration documents accessed by FloorTap.com. It became clear that he had purchased it.
Also read: Amitabh Bachchan buys 3 commercial properties in Mumbai for Rs 600 crore
Big B had acquired four units spread over 8,396 sq ft in the same building for around Rs 29 million last year. Stamp duty of Rs 1.72 billion was paid on purchases registered on September 1, 2023. The real estate deal included three office units located in Signature Building, Veera Desai Road, Andheri West, Mumbai. There was also a parking lot for 3 cars.
Also read: Kalki released today 2898 AD Amitabh Bachchan has bought properties worth over Rs 100 crore in the past year
In November 2023, the actor sold four office units in Lotus Signature Building in Oshiwara, which he had purchased for Rs 28.73 billion in September this year, to Warner Music Private Limited for a monthly rental of Rs 17.3 billion. It was leased.
The commercial unit, located on the 21st floor of the 28-storey Lotus Signature office tower on Veera Desai Road in Andheri, is spread over 10,180 sq ft of carpet area and as per the agreement, Warner Music will pay 170 sq ft per square foot. You will have to pay a rent of Pounds 1,000. According to registration documents accessed by Propstack.com, the final 24 months of the five-year agreement signed on November 30 will see an increase to ₹195.50 per square foot for the first 36 months.
In September 2023, Bachchan bought four units in Signature Building, spread over 8,396 sq ft, for Rs 29 million. Other Bollywood stars Sara Ali Khan, Kartik Aaryan and Manoj Bajpayee also have office units in the same building.
Also read: Amitabh Bachchan buys two apartments in Mumbai’s Borivali for Rs 6.78 crore
According to documents accessed by Zapkey.com, Amitabh Bachchan also bought Apartment 6 at Oberoi Realty’s Oberoi Sky City project in Mumbai’s Borivali area, where his son Abhishek Bachchan bought apartment 6 for Rs 15.42 crore. He had also bought two apartment blocks worth 6.78 billion rupees on the same floor where he bought the building. . Big B had registered six 4,894 sq ft apartments in RERA Carpet on May 28, 2024 for Rs 1,542 crore.
Last year, Big B had also bought land for The Sarayu, a development project being built in Ayodhya near Ram Temple by Mumbai-based real estate developer The House of Abhinandan Lodha (HoABL).
In April this year, host Kaun Banega Crorepati had purchased a 10,000 sq ft land plot in Alibaug, near Mumbai, Maharashtra, from House of Abhinandan Lodha (HoABL) for Rs 10 crore. .
Earlier, on May 28, 2024, his son Abhishek Bachchan had also registered six flats in Oberoi Realty’s Oberoi Sky City project in Borivali West area of Mumbai. The six apartments with RERA carpets measuring a total of 4,894 sq ft were purchased for Rs 1,542 crore.
Bollywood stars, high net worth individuals, investors and businessmen generally prefer investing in grade A real estate. Real estate consultants say commercial office space is popular because it offers higher returns compared to residential projects.
Most of them prefer to invest in established markets where they are expected to see healthy price appreciation and are guaranteed a fixed income from rent. When it comes to land investments, the focus for any investor is on capital appreciation, they said.
