Abhishek Bachchan, the actor known for his roles in movies like Guru and Dhoom, has diversified his income sources beyond acting. The Bollywood star and producer, whose net worth is estimated at Rs 280 crore, has made a smart business move with a significant lease agreement.
The Bachchan family has leased out the ground floor of their luxurious Juhu bungalow, Ammu and Vats, to the State Bank of India (SBI) for a period of 15 years. The space, which covers an area of 3,150 square feet, is expected to provide a steady stream of rental income for Abhishek.
As per reports from Zapkey.com, the lease agreement ensures Abhishek receives a monthly rent of Rs 18.9 lakh from SBI. The agreement includes provisions for rent increases over time, with the amount slated to rise to Rs 23.6 lakh after five years and Rs 29.5 lakh after ten years.
This lease deal not only highlights Abhishek Bachchan’s business acumen but also showcases how the actor has managed to generate passive income by leveraging his property assets. Located near the Bachchan family’s iconic residence, Jalsa, the property serves as an attractive space for long-term commercial use. With this deal, the Bachchans have found a steady and lucrative income stream, adding to Abhishek’s wealth and further establishing his presence in the business world.
This move emphasizes the importance of making strategic financial decisions, especially when it comes to real estate. For Abhishek, it’s yet another step toward growing his financial portfolio outside of the film industry.