“Bollywood’s Real Estate Revelry: Unveiling the Top 10 Property Deals of 2023”
Introduction: Bollywood celebrities continue to dominate headlines not just for their on-screen performances but also for their high-profile real estate transactions. The year 2023 witnessed a surge in property buying and selling among the glitterati of the Indian film industry. With an eye on lucrative annual rental yields, these actors made strategic investments and lucrative sales. Let’s delve into the top 10 property deals that unfolded in the glamorous world of Bollywood in 2023.
Amitabh Bachchan’s Generous Gift to Shweta Nanda:
In a heartwarming gesture, Bollywood legend Amitabh Bachchan and his wife, Jaya Bachchan, bequeathed their iconic Pratiksha bungalow in Juhu to their daughter Shweta Nanda. The property, spanning over 16,000 square feet, holds sentimental value for the Bachchan family. The transaction, executed through two gift deeds, took place in November, further solidifying the family’s legacy in the heart of Juhu.
Priyanka Chopra Jonas’ Penthouse Duo in Lokhandwala:
Renowned for her astute real estate investments, Priyanka Chopra Jonas made headlines by selling two penthouses in Lokhandwala Complex, Oshiwara. The smaller unit, covering 860 sq ft, was sold for ₹2.25 crore, while the larger one, spanning 1,432 sq ft, fetched ₹3.75 crore. Both transactions, managed by Priyanka’s mother Madhu Chopra, took place in October, adding another feather to the actress’s real estate portfolio.
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Ranveer Singh’s Luxury Tower Liquidation:
Known for his passion for real estate, actor Ranveer Singh made a significant sale by parting ways with two flats on the 43rd floor of Oberoi Exquisite in Goregaon. The deal, valued at ₹15.24 crore, came as Singh continued to expand his property holdings, including a recent quadruplex purchase in Bandra West for a staggering ₹119 crore.
Akshara Haasan’s Khar Retreat:
Kamal Haasan’s daughter and actor Akshara Haasan invested ₹15.75 crore in a luxurious apartment in Khar. Situated on the 13th floor of Ekta Verve, the 2,354 sq ft abode comes with three car parking spaces, offering the actress a perfect blend of comfort and sophistication.
Manoj Bajpayee’s Commercial Endeavor:
Versatile actor Manoj Bajpayee, along with his wife Shabana Raza Bajpayee, made a strategic move by purchasing four office units in Oshiwara’s Signature building. Spanning a collective area of 7,620 sq ft, the deal, amounting to ₹31.08 crore, also included a dozen coveted car parking spaces, emphasizing the actor’s foray into the commercial real estate domain.
Ajay Devgn’s Office Investment Spree:
Bollywood stalwart Ajay Devgn displayed his investment acumen by acquiring five office units in Andheri, Mumbai. The actor reportedly spent ₹45.09 crore for these properties, showcasing a keen interest in the city’s bustling commercial real estate market.
Kajol’s Signature Building Addition:
Power couple Ajay Devgn and Kajol both made significant real estate moves in 2023. Kajol acquired an office unit in Signature Building, Oshiwara, for ₹7.64 crore. The 1,905 sq ft space on the eighth floor further solidifies the couple’s presence in Mumbai’s prime real estate landscape.
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Godrej Properties’ Tribute to Raj Kapoor:
In a poignant move, Godrej Properties acquired legendary actor Raj Kapoor’s bungalow in Chembur to develop a luxury housing project with an estimated sales potential of ₹500 crore. The development pays homage to one of Bollywood’s greatest icons, further blending the realms of cinema and real estate.
Manoj Bajpayee’s Dual Signature Move:
Adding to his real estate portfolio, Manoj Bajpayee, along with his wife Shabana Raza Bajpayee, secured four more office units in Mumbai’s Signature building for ₹31.08 crore. This move underscores the actor’s belief in the potential of commercial spaces within the city.
Kartik Aaryan’s Juhu Abode:
In July, heartthrob Kartik Aaryan made waves by investing ₹17.50 crore in an apartment located in the Siddhi Vinayak Building in Juhu. The 2023 acquisition cements Aaryan’s growing presence in the high-profile Juhu area, synonymous with opulent real estate choices.
Conclusion: As Bollywood continues to dazzle on the silver screen, the stars are equally adept at making waves in the real estate arena. The top 10 property deals of 2023 not only reflect the financial prowess of these actors but also highlight their strategic investments in Mumbai’s dynamic real estate landscape.
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