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Amitabh Bachchan has sold his duplex apartment in Mumbai's Oshiwara for INR 83 crore, marking a 168% appreciation from his 2021 purchase price of INR 31 crore. The luxurious 5,186 sq. ft. property, part of Crystal Group's The Atlantis, was previously rented to actress Kriti Sanon. Bachchan's real estate investments span luxury residences and commercial spaces, including recent acquisitions in Borivali, Alibaug, and Ayodhya. His strategic investments, including leasing commercial units to Warner Music India, reflect a well-planned approach to maximizing returns in Mumbai's booming luxury real estate market, further cementing his role as a savvy property investor.
Bollywood legend Amitabh Bachchan has made headlines once again, this time for selling his lavish duplex apartment in Oshiwara, Mumbai, for INR 83 crore. This significant real estate transaction was officially registered in January 2025, according to property registration documents accessed by Square Yards. Advertisement
The apartment is part of The Atlantis, a high-end residential project developed by Crystal Group. This project covers 1.55 acres and features a variety of luxury apartments, including options with four to six bedrooms. The duplex itself boasts a built-up area of approximately 5,704 square feet, with a carpet area of around 5,186 square feet, offering ample space and modern amenities.
Bachchan acquired this opulent property in April 2021 for INR 31 crore. The recent sale price reflects an impressive increase in value of about 168%, a testament to the rising demand for luxury real estate in Mumbai. The transaction also involved a stamp duty payment of INR 4.98 crore and a registration fee of INR 30,000.
Interestingly, before selling the apartment, Bachchan rented it out to actress Kriti Sanon in November 2021 for INR 10 lakh per month, with a security deposit of INR 60 lakh. This rental arrangement highlights the property's appeal among high-profile tenants, further underlining the desirability of luxury living spaces in Mumbai.
Recently, Amitabh Bachchan purchased two apartments in a high-end residential project in Mumbai's Borivali suburb. This followed his son Abhishek Bachchan's acquisition of six apartments in the same building. Amitabh Bachchan's apartments are on the 57th floor of a tower developed by Incline Realty, a subsidiary of Oberoi Realty. He paid nearly INR 7 crore for the apartments, and the stamp duty for registration was INR 40.72 lakh. These deals took place on May 29, according to documents accessed through Zapkey.com.
Amitabh Bachchan's latest acquisition in Borivali is part of a larger investment strategy that includes high-profile properties across different locations. Recently, Bachchan bought a 10,000 sq. ft. plot in Alibaug from The House of Abhinandan Lodha (HoABL) for over INR 10 crore, with plans to build a luxury villa overlooking the scenic beaches. Earlier this year, in January, he acquired another 10,000 sq. ft. plot in The Sarayu, a distinguished 7-star mixed-use development in Ayodhya, for INR 14.5 crore. These investments highlight Bachchan's keen eye for prime real estate opportunities beyond Mumbai.
In addition to residential properties, Amitabh Bachchan has shown a strong interest in commercial real estate. In January 2024, he leased four commercial units in Mumbai's Oshiwara area to Warner Music India Limited. This lease, starting in March 2024, will generate an annual rent of INR 2.07 crore, amounting to over INR 11 crore over the five-year term. Bachchan had initially acquired these units in August 2023 for INR 29 crore, underlining his strategic investments in income-generating properties.
Amitabh Bachchan's real estate portfolio is not only diverse but also includes iconic properties. His residences in Mumbai, such as Jalsa, Prateeksha, and Janak, are well-known. Demonstrating his generosity and family values, Bachchan recently gifted his Juhu bungalow "Prateeksha" to his daughter Shweta Nanda. The property, divided into two plots totaling 16,840 sq. ft., was transferred through gift deeds on November 8th, involving a stamp duty payment of INR 50.65 lakh.
Amitabh Bachchan's strategic approach to real estate underscores the importance of not just acquiring prime properties but also timing their sale for maximum returns. His recent sale of the Oshiwara duplex highlights how strategic investments, coupled with market awareness, can yield significant profits. The Bollywood icon's ability to capitalize on Mumbai's booming luxury housing market while diversifying his portfolio across residential and commercial properties reflects a well-planned investment strategy. Whether it's holding onto assets for rental income or selling them at the right moment, Bachchan's real estate decisions serve as a valuable lesson for investors looking to navigate the dynamic property market.
In conclusion, Amitabh Bachchan's recent sale not only showcases his investment success but also highlights the dynamic nature of Mumbai's luxury real estate market. With celebrities and affluent individuals increasingly seeking exclusive living spaces, the demand for high-value properties is likely to remain strong in the coming years.
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