Bollywood Stars Continue To Invest In Real Estate

The year 2021 continues with Bollywood heavy weights staying bullish on real estate market. The latest one, according to a leading real estate website squarefeatindia.com, is popular Bollywood star Ajay Devgan has purchased a bungalow measuring 474.4 sqm located at Kapol CHS, JVPD, in Mumbai’s Juhu for Rs 47.5 crore. Devgan paid stamp duty of Rs 2.37 crore and availed a bank loan of Rs 18.75 crore. Earlier, Big B paid Rs 31 crore for a duplex in Andheri. Last year we saw big investments in the real estate space by nine top Bollywood producers, directors, and actors. Bhushan Kumar of T Series fame paid a whopping Rs 167.5 crore for 6,700 sqft villa at Vasanta Theosophical CHS in Juhu. While Hrithik Roshan bought three floors measuring 38,000 sqft for Rs 97.50 crore on Juhu-Versova link road. Late Sridevi’s daughter Janhvi Kapoor paid Rs 39 crore for a flat in Juhu while Alia Bhatt paid Rs 32 crore for a flat in Bandra’s Pali Hill. Adman turned director R Balki, bought two flats worth Rs 24 crore in Bandra.