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Amitabh Bachchan Sells Luxurious Mumbai Apartment for Rs 83 Crore, Makes a Whopping 168% Profit

Bollywood legend Amitabh Bachchan has made headlines again, but this time it's not for his films. The megastar has sold his lavish duplex apartment in Mumbai's upscale Andheri area for a staggering Rs 83 crore, achieving an impressive 168% gain on his investment. The property transaction details were recently accessed via property registration documents shared by SquareYards.

Details of the Apartment

The sold apartment is located in "The Atlantis," a high-end residential building in Mumbai’s bustling Andheri area. Spread across a sprawling 5,185 sq ft RERA carpet area, the duplex occupies the 27th and 28th floors of the building. Adding to the luxury are six dedicated car parking spaces, a highly sought-after amenity in Mumbai’s urban landscape.

Transaction Details

The sale transaction was officially registered on January 17, 2025. As per the registration documents, a stamp duty of Rs 4.98 crore and a registration fee of Rs 30,000 were paid to seal the deal. The property was purchased by Vijay Singh Thakor and Kamal Vijay Thakor.

A Profitable Investment

Amitabh Bachchan originally purchased this opulent property for Rs 31 crore in April 2021. In less than four years, the property's value skyrocketed, allowing him to sell it at Rs 83 crore, marking a massive 168% return on investment. This is a testament to the ever-appreciating value of prime real estate in Mumbai, particularly in luxury housing.

The Real Estate Landscape in Mumbai

Mumbai, often referred to as the financial capital of India, has always been a hotbed for high-value real estate transactions. Luxury properties like "The Atlantis" are particularly coveted due to their prime locations, high-end amenities, and exclusivity. Amitabh Bachchan’s profitable sale underscores the robust demand for luxury housing in Mumbai, even amidst fluctuating market conditions.

Celebrity Real Estate Investments

Amitabh Bachchan is no stranger to the world of real estate. The actor owns multiple properties across Mumbai, including his iconic family home ‘Jalsa’ in Juhu. This recent sale adds another feather to his cap as a savvy real estate investor, demonstrating his knack for recognizing valuable opportunities in the property market.

Conclusion

The sale of Amitabh Bachchan’s duplex apartment not only highlights the enduring allure of Mumbai’s luxury real estate but also showcases how strategic property investments can yield substantial returns. For those eyeing the real estate market in Mumbai, this serves as a compelling reminder of the potential for significant capital appreciation, especially in premium segments.

Posted by houzyy news desk on Jan. 22, 2025

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