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Bollywood actor Varun Dhawan has made notable real estate investments, acquiring two luxury apartments in Juhu's "Twenty by DDecor" complex for INR 86.92 crore. The sixth-floor apartment, purchased with his mother, Karuna Dhawan, cost INR 42.40 crore, while the seventh-floor unit, acquired with his wife, Natasha, was priced at INR 44.52 crore. These purchases highlight a growing trend among Bollywood stars investing in Juhu, Mumbai's upscale neighborhood. Recent high-profile acquisitions, including Madhu Mantena's INR 25.75 crore investment in Jeevan Estates, reflect rising demand for properties in the area, driven by its beachfront appeal and premium location, ensuring strong returns for celebrity buyers.
Varun Dhawan, the popular Bollywood actor, has made a significant real estate investment in Mumbai's upscale Juhu area, acquiring two luxurious apartments for a total of INR 86.92 crore in the "Twenty by DDecor" complex. These acquisitions were made in January 2025 and mark a substantial addition to Dhawan's growing property portfolio in the city. The first apartment, bought in collaboration with his mother, Karuna David Dhawan, was purchased for INR 42.40 crore. The apartment, located on the sixth floor, spans 429.06 square meters (approximately 4,617 square feet) in carpet area and 471.96 square meters (approximately 5,069 square feet) in built-up area. For this property, the stamp duty amounted to INR 2.54 crore, with a registration fee of INR 30,000. Advertisement
The second apartment, bought with his wife, Natasha, for INR 44.52 crore, is located on the seventh floor and covers a carpet area of 474.92 square meters (approximately 5,112 square feet) and a built-up area of 522.41 square meters (approximately 5,624 square feet). The stamp duty paid for this transaction was INR 2.67 crore, and the registration fee was again INR 30,000. Both these properties were registered with the Inspector General of Registration (IGR) in January 2025.
Varun Dhawan's latest real estate deals are part of a larger trend in which Bollywood celebrities are increasingly investing in high-end properties in Mumbai's premium neighborhoods, particularly in Juhu. This area is known for its luxury living and has long been a favorite among the city's elite. Several top Bollywood actors and business tycoons have made substantial investments in Juhu real estate, capitalizing on the area's prime beachfront location and exclusivity.
Recently, Indian film producer and entrepreneur Madhu Mantena acquired three luxury apartments in Juhu, Mumbai,valued at INR 25.75 crore. Located within the prestigious Jeevan Estates co-operative housing society, these properties were registered under Mantena's company, Big Bang Mediaverse Private Limited. The largest of the three apartments spans 1,550 sq ft, purchased for INR 10.95 crore, while the other two cover areas of 1,250 sq ft and 851 sq ft, valued at INR 8.8 crore and INR 6 crore, respectively. The transactions were completed in December 2024, with each property incurring registration charges of INR 30,000.
The rising demand for properties in Juhu has led to an increase in property prices, making it an attractive destination for both residential and commercial investments. According to industry reports, the average price for residential properties in Juhu has been steadily climbing over the past decade, with prices reaching around INR 40,000 to INR 50,000 per square foot in some cases. This makes it one of Mumbai's most expensive neighborhoods, with properties regularly being sold for crores.
These celebrity investments are not only about luxury but also a smart financial strategy. Real estate in Juhu has consistently provided high returns, driven by its premium location, proximity to the city's entertainment industry, and beachfront appeal. As demand for high-end properties continues to grow, more celebrities and high-net-worth individuals are looking to invest in the area, ensuring that Juhu remains a key player in Mumbai's real estate market.
Varun Dhawan's recent investments, alongside the purchases made by other high-profile figures, highlight the ongoing trend of celebrities diversifying their wealth through real estate. Juhu, with its prestigious address and proximity to the entertainment industry's epicenter, is likely to continue attracting celebrity buyers looking to secure both a luxury residence and a valuable asset for years to come.
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