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Bachchan father-son buy 10 apartments in Mulund, up their 2024 portfolio to ₹100 crore

Amitabh and Abhishek Bachchan buy 10 apartments in Mulund for 24.95 crore, boosting their real estate portfolio to over 100 crore

Updated on: Oct 25, 2024, 09:09:59 IST
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MUMBAI: Bollywood superstar Amitabh Bachchan and his son Abhishek have purchased a total of 10 apartments in Oberoi Realty’s Eternia at Mulund West for a sum of 24,94,82,640 or 24.95 crore. The latest investment has upped their 2024 realty portfolio to over 100 crore.

Amitabh Bachchan and Abhishek Bachchan
Amitabh Bachchan and Abhishek Bachchan

In the last five years, between 2020 and 2024, the father-son duo purchased properties across India worth around 220 crore. During the same period, they exited from a few, including those they had invested in prior to 2020, such as flats in Oberoi 360 West and ancestral property at Gulmohar Park in South Delhi.

Of the 10 Mulund apartments, six have been bought by Abhishek and four by Amitabh Bachchan. Each apartment owned by the Big B measures 1,154.75 square feet; four of Abhishek’s are the same size while the remaining two are smaller configurations of 1,004.05 square feet. The purchases are in Oberoi Eternia’s C Wing on the 20th, 21st and 23rd floors, as shown by the transaction documents available on the proptech platform Square Yards. All these apartments together add up to 11,246.12 square feet and come with 20 car parking slots.

The Bachchan family’s latest bulk purchase was registered on October 9. This is not the first instance of Amitabh Bachchan buying multiple properties in the same project. Earlier this year, he bought three office spaces at Andheri’s Veera Desai Road and another four units in the same building in 2023. Likewise, this May, Abhishek Bachchan had bought six apartments in Oberoi Sky City in Borivali East for 14.52 crore.

Among the multiple real estate investments of the Allahabad-born Amitabh Bachchan is a residential plot in Ayodhya from The House of Abhunandan Lodha for 14.5 crore.

  • Ateeq Shaikh
    ABOUT THE AUTHOR
    Ateeq Shaikh

    Ateeq Shaikh is a Senior Assistant Editor tracking real estate and infrastructure. With over two decades in journalism, he has reported extensively on topics such as metro rail, infrastructure projects, redevelopment in Mumbai, affordable housing, real estate, environmental issues and public transportation. His data driven stories explain the impact of public policy and large scale infrastructure projects on citizens' lives. His recent detailed report on the government's fireside sale of several real estate parcels in Mumbai or nearly one-fifth of habitable Mumbai triggered a signature campaign by activists and the civil society. This plan also faced pushback from people impacted by the government's decision, which he also reported on. Ateeq was instrumental in getting Mumbai Metro One Private Limited, a Public - Partnership (PPP) project, recognised under the Right to Information Act, the first PPP in India under the transparency law. His consistent campaign on technical issues plaguing the Mumbai Monorail, India's only such transportation system, forced authorities to publicly acknowledge the problems and work towards a permanent fix. Despite multiple attempts by the authorities, the system continues to be a white elephant in Mumbai.Read More