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Bollywood Biggies Invest Big In Real Estate

From pauper to prince everybody was badly impacted by the Lockdown. But, not a section of Bollywood; they were flush with funds and therefore they lost no opportunity to invest in real estate as prices were attractive. Nine top Bollywood producers, directors and actors forked out around Rs 400 cr to buy luxurious apartments, penthouses in Mumbai, Chandigarh and Goa in 2020. Of this, nearly Rs 387 cr was spent on buying apartments between Bandra and Juhu by paying anywhere between Rs 50,000  and 150,000 per sq ft.  Leading the pack was Bhushan Kumar of T Series fame. He paid a whopping Rs 167.5 cr for 6,700 sq ft villa in Vasanta Theosophical CHS in Juhu. Following him was Hrithik Roshan. He bought three floors —14th, 15th & 16th — admeasuring 38,000 sq ft for Rs 97.50 cr on Juhu-Versova link road. New comer Janhvi Kapoor paid Rs 39 cr for a flat in Juhu, Alia Bhatt Rs 32 cr for a flat in Bandra’s Pali Hill while R Balki, bought two flats worth Rs 24 cr in Bandra. Of course, some made killing too. Parineeti Chopra sold her two flats in Quantum Building in Bandra reportedly for Rs 13.50 cr. So did Karisma Kapoor by selling her Khar flat for Rs 10.11 cr. While Ranbir Kapoor rented his 6th floor flat in Bandra apartment for Rs 7.94 lakh per month.