Thursday, April 30, 2026
28.1 C
New Delhi

Big B sells two luxury flats nets 47% profit in 13 years

Amitabh Bachchan sells two luxury Mumbai flats nets 47% profit in 13 years, earns Rs 12 crore

Bollywood legend Amitabh Bachchan sold two luxury apartments in Goregaon, Mumbai, for Rs 12 crore, earning a 47% profit after 13 years. The flats, bought in 2012 for Rs 8.12 crore, were sold for Rs 6 crore each. He and son Abhishek also invest heavily in real estate, including land in Alibaug.

Bollywood actor Amitabh Bachchan recently sold two of his upscale apartments in Goregaon, Mumbai. He joined the growing trend of real estate investment among people from diverse backgrounds, including celebrities.Profitable sale of Goregaon flatsThe actor acquired two flats in Oberoi Exquisite, Goregaon East, back in 2012 for Rs 8.12 crore. Over 13 years, he earned nearly 47% profit by selling each apartment for Rs 6 crore to Asha Ishwar Shukla and Mamta Surajdev Shukla. The first sale was officially registered on October 31, 2025, with stamp duty and registration charges amounting to Rs 30.3 lakh, followed by the second flat’s registration the next day. Both units included four parking spots. This sale adds to Bachchan’s recent property dealings, including the January 2025 sale of his 5,185 sq ft duplex at ‘The Atlantis’ in Andheri for Rs 83 crore.Father and son’s real estate venturesBoth Amitabh and his son Abhishek have shown keen interest in property investments. In 2024, Abhishek secured six apartments in Borivali’s Oberoi Sky City project for Rs 15.42 crore. Additionally, the father-son duo jointly acquired ten flats within the Oberoi Eternia development in Mulund West, spending Rs 24.94 crore on the purchase. Expanding portfolio with Alibaug land purchaseExpanding their property portfolio, the Bachchan family recently acquired three land parcels in Alibaug, a scenic coastal area near Mumbai renowned as a holiday destination. These plots, located within the ‘A Alibaug’ Phase-2 project by the House of Abhinandan Lodha, cover a total area of 9,557 square feet and were purchased for Rs 6.59 crore.

Go to Source

Hot this week

Move over TACO, NACHO takes over: Trump earns new nickname amid oil disruption from Strait of Hormuz blockade

US President Donald Trump has earned a new nickname as tensions over Iran and the Strait of Hormuz fuel fresh market and political commentary. Read More

F1 to return in 2027 to country absent from calendar since 2021 under new multi-year agreement

F1 confirms 2027 return to Türkiye with Turkish Grand Prix at Istanbul Park under multi-year deal through 2031. Read More

Forget Ronaldo: João Cancelo set for historic record no player has ever achieved if Barca win La Liga

João Cancelo/ Image: Instagram João Cancelo is on the verge of a milestone no player has reached before, with the Portuguese full-back one league title away from winning four of Europe’s so-called “Big Five” leagues, a benchmark that Read More

As Trump nukes science, is India’s brain drain ready for ‘brain regain’?

Donald Trump TOI correspondent from Washington: He thinks diet soda kills cancer cells inside the body when consumed because it scorches grass when poured on it. He claims noise from windmills causes cancer. Read More

Rajnath Singh urges Italy to refrain from sharing defence technology with Pakistan during bilateral talks

India and Italy deepen defence cooperation through high-level talks focused on technology collaboration, maritime security, and expanded military and industrial partnerships Go to Source Read More

Topics

Move over TACO, NACHO takes over: Trump earns new nickname amid oil disruption from Strait of Hormuz blockade

US President Donald Trump has earned a new nickname as tensions over Iran and the Strait of Hormuz fuel fresh market and political commentary. Read More

F1 to return in 2027 to country absent from calendar since 2021 under new multi-year agreement

F1 confirms 2027 return to Türkiye with Turkish Grand Prix at Istanbul Park under multi-year deal through 2031. Read More

Forget Ronaldo: João Cancelo set for historic record no player has ever achieved if Barca win La Liga

João Cancelo/ Image: Instagram João Cancelo is on the verge of a milestone no player has reached before, with the Portuguese full-back one league title away from winning four of Europe’s so-called “Big Five” leagues, a benchmark that Read More

As Trump nukes science, is India’s brain drain ready for ‘brain regain’?

Donald Trump TOI correspondent from Washington: He thinks diet soda kills cancer cells inside the body when consumed because it scorches grass when poured on it. He claims noise from windmills causes cancer. Read More

Rajnath Singh urges Italy to refrain from sharing defence technology with Pakistan during bilateral talks

India and Italy deepen defence cooperation through high-level talks focused on technology collaboration, maritime security, and expanded military and industrial partnerships Go to Source Read More

Taiwan ‘biggest risk factor’ in China-US ties, says Wang Yi in call with Rubio

During the call, Wang said both sides “must safeguard the hard-won stability and make thorough preparations for the coming high-level engagements” Go to Source Read More

Experience meets performance in 30–39 age group 10k men’s category

(Left to right): Shivpratap Prajapati, Shubham Kumar and Anil Jindal NEW DELHI: The Times Internet Half Marathon turned the streets of the capital into a vibrant display of energy and determination as runners of all ages came togeth Read More

Nilambur

Nilambur Nilambur in Malappuram, Kerala, was won in the assembly elections by Aryadan Shoukath of the Indian National Congress, who defeated M. Swaraj of the CPI(M) by 2,700 votes. Read More

Related Articles