Bollywood’s Realty Game: Celebrities Investing Big in Mumbai | Amitabh Bachchan, Janhvi Kapoor

Mujhe na, ek bangla chahiye, race course aur golf course ke neeche, usme ek swimming pool hona chahiye.

While Raju from Hera Pheri couldn’t ever fulfil his dream of a luxury home, it’s a different story for the celebrities of Mumbai. The city's real estate market is buzzing with activity, and film stars are some of the biggest investors in this market.

Over the past few years, movie stars have been making headlines for their significant investments in some of Mumbai's most exclusive properties.

From residential mansions to commercial spaces, Mumbai has become the prime location for celebrities looking to diversify their portfolios.

And why wouldn’t they? Real estate in this bustling city has been a safe haven for investment, offering not just luxury, but also a hedge against inflation and market volatility.

Let’s take a closer look at some of the big names making bold moves in Mumbai’s real estate scene.

First up, actor and entrepreneur Sunil Shetty, who recently made headlines for investing over ₹8 crore in a property in Bandra.

In fact, this upscale western suburb of Mumbai is a hit with many celebrities – Ranveer Singh, Deepika Padukone, KL Rahul, and Tripti Dimri are some stars who have recently invested in this luxury property hotspot.

Bollywood royalty like Amitabh Bachchan, Aamir Khan, Deepika Padukone, Abhishek Bachchan, and Janhvi Kapoor are also getting into the real estate game, purchasing luxurious spaces across Mumbai.

Amitabh Bachchan and his son Abhishek Bachchan are among the most notable real estate investors in the Hindi film industry.

Together, they’ve purchased 10 apartments in the Oberoi Eternia project in Mulund, worth a whopping ₹24.95 crore. This bulk deal marks a strategic move in one of Mumbai’s up-and-coming neighbourhoods.

It has taken their total investments in Mumbai real estate over the last four years to almost ₹200 crore, according to a Square Yards report.

Janhvi Kapoor, daughter of producer Boney Kapoor and the late actress Sridevi, has also joined the bandwagon, investing around ₹170 crore in real estate.

Her presence in the market highlights a trend: celebrities are buying up prime real estate as both an asset and a source of income.

So, which real estate segment is seeing maximum celebrity activity? According to experts, residential properties have emerged as a clear favourite.

Area-wise, western suburbs like Bandra, Juhu, and Oshiwara have witnessed the most activity, accounting for nearly three-quarters of these celebrity investments.

And it’s not just about luxury – it’s also about securing long-term financial returns.

Mumbai’s prime residential market has seen impressive growth, with the first quarter of 2024 recording the third-highest year-on-year growth in property prices.

According to the Knight Frank Report, this upward trend makes it even more attractive for high-net-worth individuals to invest.

Even commercial real estate is seeing a surge in celebrity deals. Celebrities are targeting key micro-markets for reliable rental income, making their investments even more lucrative.

This trend has been particularly evident among deals by stars like Akshay Kumar, Aishwarya Rai, and Shilpa Shetty.

It’s not just about owning properties. Financial experts suggest that joint investments, such as those made by father-son duos like the Bachchans, offer significant tax advantages.

With a joint asset, the benefits are clear, especially when it comes to tax savings and reduced liability.

Luxury, privacy, and a smart investment strategy – these are just some of the reasons Bollywood stars are making their mark in Mumbai’s real estate market.

What do you think about this celebrity boost for Mumbai's real estate? Let us know in the comments below!

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