Bollywood icons Amitabh Bachchan, Kartik Aaryan, and Sara Ali Khan, along with her mother, Amrita Singh, have made substantial investments in upscale office properties in Mumbai. This move follows the trend set by other celebrities like Kajol, Ajay Devgn, Shah Rukh Khan and Akshay Kumar, who have previously ventured into the real estate market. Explore the details of their property acquisitions and the growing allure of Mumbai’s commercial real estate in this exclusive report.
In the glamorous world of Bollywood, where the spotlight shines bright, celebrities often seek to diversify their investments beyond the silver screen. The latest buzz in tinsel town is the high-profile investments made by three prominent actors: Amitabh Bachchan, Kartik Aaryan and Sara Ali Khan have plunged into the lucrative world of Mumbai’s office properties.
Highlights
Amitabh Bachchan: The Legendary Investor
The legendary Amitabh Bachchan, known for his towering presence both on and off the screen, has acquired four office units in a prestigious commercial project located in Mumbai’s Oshiwara locality. The combined floor area of these offices spans a massive 8,400 square feet, a testament to the megastar’s towering investments.
Amitabh Bachchan’s investment, totaling nearly Rs. 29 crore, marks his entry into the world of commercial real estate in Mumbai. These opulent office spaces, situated on the 21st floor, have been purchased from Veer Savarkar Projects. The transaction, finalized on September 1, came with a stamp duty payment of Rs. 1.72 crore.
Kartik Aaryan and Sara Ali Khan: The Rising Stars of Real Estate
Joining the league of real estate enthusiasts is the dynamic duo of Kartik Aaryan and Sara Ali Khan. These two young stars have acquired office spaces within the same high-end tower, further solidifying their status as savvy investors.
Kartik Aaryan secured a spacious office unit covering approximately 2,100 square feet at a cost of Rs. 10 crores. Sara Ali Khan, accompanied by her mother, Amrita Singh, invested Rs. 9 crore in a similar-sized office. Their office spaces are situated on the fourth floor of the tower.
A Star-Studded Tower with Ajay Devgn & Kajol
What makes these investments even more intriguing is the fact that Bollywood power couple Kajol and Ajay Devgn had already set their sights on this luxury tower. Ajay Devgn made headlines by acquiring five office properties for a staggering Rs. 45 crore in the same building earlier this year. Kajol followed suit, securing an office space spanning nearly 2,100 square feet for Rs. 7.64 crore in July. These properties occupy the 16th and 17th floors, totaling 13,293 square feet.
The allure of this tower lies not just in the star-studded roster of owners but also in the promise of future development. According to the Maharashtra Real Estate Regulatory Authority, the tower’s 28 upper floors and four basements are currently under construction and are set to be delivered in June 2025.
Kartik Aaryan’s Luxury Apartment
Adding to his real estate portfolio, Kartik Aaryan made a significant investment earlier this year by purchasing a lavish apartment for a whopping Rs. 17.50 crore. Located in the Siddhi Vinayak Building within the Presidency society of Juhu, this spacious apartment spans 1916 square feet. Notably, this sale ranks as one of the most expensive property transactions in the area.
In a city where the real estate market is as star-studded as the silver screen, these Bollywood celebrities continue to make waves with their astute investments. The allure of Mumbai’s commercial properties, coupled with the glitz and glamour of Bollywood, makes for a compelling combination that keeps the real estate market buzzing.
As these celebrities diversify their portfolios, their investments not only reflect their financial acumen but also contribute to the ever-evolving landscape of Mumbai’s real estate market. With several high-profile projects still under construction and delivery expected in 2025, this star-studded tower promises to be a hotbed of investment activity for years to come. Stay Tuned to Asiana Times for more glimpses into the enduring allure of India’s entertainment capital for property enthusiasts.
