Major Investment in Oberoi Sky City
Bollywood actor Abhishek Bachchan has made a significant real estate investment by purchasing six premium apartments in Mumbai's Borivali suburb. The total transaction amounts to Rs 15.42 crores and involves properties in the luxurious Oberoi Sky City, developed by a subsidiary of Oberoi Realty, Incline Realty.
Details of the Purchase
• Total Area: 4,894 sq ft on the 57th floor.
• Price: Rs 31,498 per sq ft.
Apartment Sizes:
- Two apartments of 252 sq ft each, purchased for Rs 79 lakh each.
- Four apartments of approximately 1,100 sq ft each, with a total cost of around Rs 3.5 crore.
The transactions were finalized on May 28 and officially registered on May 29.
Bollywood's Real Estate Trend
Real estate remains a preferred investment among high-net-worth individuals, including Bollywood celebrities who see it as both a personal asset and a lucrative investment opportunity. Prominent figures such as Amitabh Bachchan, Shahrukh Khan, Shilpa Shetty, Akshay Kumar, Abhishek Bachchan, and Aishwarya Rai have all invested in properties.
Recent High-Profile Transactions
• John Abraham: Recently purchased a bungalow on Linking Road in Mumbai’s Khar locality for over Rs 70.83 crore.
• Other Celebrities: Ranveer Singh, Hrithik Roshan, Rani Mukherjee, Alia Bhatt, Disha Patani, and Janhvi Kapoor have also made notable real estate acquisitions in recent years.
Conclusion
Abhishek Bachchan’s recent purchase underscores the ongoing trend of Bollywood stars investing in high-end properties. With strategic acquisitions like these, celebrities continue to enhance their investment portfolios, solidifying real estate as a key asset class for long-term financial growth.