Bollywood actor Anupam Kher has made a major real estate investment, purchasing a commercial office space in Andheri, Mumbai, for over INR 3.88 crore. His acquisition is part of a broader trend of Bollywood celebrities, including Kangana Ranaut and Karan Johar, investing in Mumbai's prime real estate. Ranaut recently bought an office space for INR 1.56 crore, while Johar is renting a luxurious duplex for INR 8 lakhs per month. The demand for high-end properties in Mumbai remains strong, driven by affluent individuals and industry professionals seeking both personal and investment opportunities in the city's prime locations.
Bollywood actor Anupam Kher has made a significant real estate investment by purchasing a commercial office space in Mumbai's western suburb, Andheri, for over INR 3.88 crore. The property, located on the 24th floor of the prestigious Parinee 1 tower in Andheri West, is a notable addition to Kher's growing portfolio. According to records from FloorTap.com, the deal was finalised on 3rd September, and Kher has paid a substantial stamp duty of INR 23.33 lakh to complete the registration process. The office space has been directly acquired from Parinee Realty, a well-known developer in the city.
Kher's purchase highlights a growing trend among Bollywood celebrities and high-profile individuals investing in prime real estate locations across Mumbai. The Andheri region, known for its commercial vibrancy and proximity to the entertainment industry, has become a hotspot for such investments.
In a similar development, Bollywood actress and BJP MP Kangana Ranaut recently purchased an office space in the Andheri area for INR 1.56 crore. According to property registration records accessed through Propstack, Ranaut's transaction reflects the increasing interest in commercial properties among celebrities. This trend is further evidenced by renowned Bollywood director and producer Karan Johar's recent move to rent a lavish duplex apartment in Mumbai's upscale Pali Hill area. The monthly rental for this luxury property is a whopping INR 8 lakhs. In addition to this, Johar has rented out his Bandra flat to fellow actor Imran Khan and his partner, Lekha Washington, reinforcing the active participation of Bollywood figures in the real estate market.
The rental market for high-end apartments in Mumbai remains robust, driven by a continuous surge in demand from affluent individuals and professionals. Mumbai, being the financial capital of India and home to many thriving industries, sees consistent interest in premium properties, both for residential and commercial purposes. This steady demand is largely fuelled by the city's elite, including top-tier executives and Bollywood celebrities, who seek luxurious living and office spaces in desirable locations. Actors, producers, and directors are increasingly diversifying their portfolios by acquiring commercial and residential spaces in prime areas.
Overall, the trend of Bollywood celebrities investing in Mumbai's real estate market reflects the broader appeal of the city's prime properties as both a valuable personal asset and a strategic financial investment. With Mumbai's real estate market continuing to thrive, high-net-worth individuals and industry professionals remain keen on expanding their property portfolios, further driving demand in the city's premium locations.
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