Amitabh and Abhishek Bachchan’s Rs 24.95 Cr Real Estate Investment in Mumbai’s Mulund

Amitabh Bachchan and Abhishek Bachchan recently made a major move in Mumbai’s booming real estate market with the purchase of properties worth Rs 24.95 crore in the centrally located Mulund West. This strategic acquisition elevates their 2024 real estate investments to an impressive Rs 100 crore, establishing the Bachchan family as key players in Mumbai’s high-end property market.

The father-son duo acquired 10 premium apartments in Oberoi Realty’s “Eternia” project, according to property sales records accessed via Square Yards. Eternia offers spacious 3 BHK and 4 BHK ready-to-move units. The purchased properties span a total carpet area of 10,216 square feet, including eight 1,049 sq. ft. apartments and two units of 912 sq. ft. each. Additionally, each apartment comes with two dedicated parking spots, and the entire transaction involved a stamp duty cost of Rs 1.5 crore.

Abhishek secured six of these apartments for Rs 14.77 crore, while Amitabh acquired the remaining four for Rs 10.18 crore. The Bachchan family has continued to shape Mumbai’s celebrity real estate landscape, purchasing over 0.19 million square feet of prime property in the Mumbai Metropolitan Region since 2020, with a combined value of Rs 219 crore.

The Mulund West investment marks a departure from the typical Bollywood real estate hotspots like Juhu, Bandra, and Goregaon, with celebrities such as Shah Rukh Khan, Suhana Khan, Ranveer Singh, and Deepika Padukone often favoring these neighborhoods or the nearby beach haven, Alibaug.

Mulund’s central location offers convenient access to both central and western Mumbai and is within reach of Pune, making it an attractive residential choice. Abhishek Bachchan has further expanded the family’s portfolio by investing in Borivali’s Oberoi Sky City project, purchasing six premium apartments for over Rs 15 crore. Amitabh also added two luxurious apartments to the family’s Borivali assets for nearly Rs 7 crore in May 2024.