Bollywood legend Amitabh Bachchan has recently expanded his real estate holdings with the purchase of two luxury apartments in Mumbai’s Borivali suburb. This acquisition aligns with his son Abhishek Bachchan’s recent purchase of six apartments in the same area.
Details of the New Acquisitions
Amitabh Bachchan’s new apartments, valued at nearly ₹7 crore, are located on the 57th floor of a tower, coinciding with the level of Abhishek’s properties. The deals were finalized on May 29, with a stamp duty payment of ₹40.72 lakh for registration, as revealed by documents accessed through Zapkey.com.
Previous Property Investments
This latest acquisition follows Amitabh Bachchan’s earlier purchase of three office spaces across three floors in the Oshiwara locality of Mumbai’s Andheri suburb. These office units, located in the Signature Building on Veera Desai Road, Andheri West, were valued at nearly ₹60 crores and included three car parking spaces.
Market Impact
These high-profile transactions have generated significant buzz in the property market, where celebrity real estate deals have traditionally been concentrated in South and Central Mumbai, along with prime areas like Bandra, Khar, and Juhu.
Recent Purchases by Amitabh and Abhishek
Last year, Amitabh Bachchan purchased four units totaling 8,396 sq ft in the Signature Building, Andheri for nearly ₹29 crores, incurring a stamp duty of ₹1.72 crore. On May 28, 2024, Abhishek Bachchan bought six apartments in the Oberoi Sky City project in Borivali for over ₹15 crore, according to documents from Zapkey.com.
Celebrity Real Estate Trends
Prominent Bollywood figures such as Shahrukh Khan, Shilpa Shetty, Akshay Kumar, and Aishwarya Rai have actively invested in various real estate ventures, strategically expanding their portfolios across prime locations. Recently, celebrities like Ranveer Singh, Hrithik Roshan, Rani Mukherjee, Alia Bhatt, Disha Patani, and Janhvi Kapoor have been involved in high-profile transactions, particularly focusing on luxurious and upscale properties.
