HomeNewsMumbai Icon Amitabh Bachchan Sells Two Goregaon Flats For ₹12 Crore Profitably

Mumbai Icon Amitabh Bachchan Sells Two Goregaon Flats For ₹12 Crore Profitably

Mumbai’s luxury housing market continues to thrive as actor Amitabh Bachchan reportedly sold two premium apartments in Goregaon East for ₹12 crore, reflecting a 47 per cent return on investment since 2012. The sale, registered on 31 October and 1 November 2025, highlights the sustained value growth in Mumbai’s upper-tier residential sector despite broader market fluctuations.

The two adjoining units, situated on the 47th floor of the Oberoi Exquisite Tower, were purchased by two private buyers for ₹6 crore each, as per property filings. Each transaction carried a stamp duty of ₹30 lakh and a registration fee of ₹30,000. The sale also included four parking spaces, a feature often associated with high-end properties in Mumbai’s crowded urban core.

Bachchan had acquired the apartments for ₹8.12 crore in 2012, underscoring an annualised appreciation rate that outpaces many other asset classes. Real estate analysts suggest that such premium projects in well-connected suburbs like Goregaon have benefitted from infrastructure expansion  including the Metro Line 7 and the Western Express Highway upgrades  which have pushed both demand and valuations.

“Celebrity investments often mirror emerging confidence in specific sub-markets,” noted a senior property consultant. “The Bachchan family’s repeated transactions indicate long-term trust in Mumbai’s luxury housing ecosystem.”The sale follows several recent property movements by the Bachchan family. Earlier this year, the veteran actor sold a ₹83 crore duplex in Andheri’s Atlantis building, while in October he reportedly purchased three land parcels worth ₹6.59 crore in Alibaug’s ‘A Alibaug’ development by the House of Abhinandan Lodha  a growing hotspot for luxury second homes.

In 2024, Bachchan and his son Abhishek Bachchan jointly acquired 10 apartments worth ₹24.94 crore in Oberoi Realty’s Eternia project in Mulund West. Abhishek also bought six flats in Borivali’s Oberoi Sky City for ₹15.42 crore, reflecting a strategic shift toward diversified property holdings within the Mumbai Metropolitan Region.Industry experts believe such movements are indicative of Mumbai’s continued dominance as India’s most resilient luxury housing market, fuelled by strong end-user demand, constrained supply, and infrastructural growth. For urban planners, this also signals a need to balance high-value private developments with equitable housing strategies to ensure inclusive urban growth.

Mumbai Icon Amitabh Bachchan Sells Two Goregaon Flats For ₹12 Crore Profitably
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_img

Most Popular

Recent Comments

Adani Group Plans One Lakh Crore Investment As Navi Mumbai Airport Launches

Adani Group Plans One Lakh Crore Investment As Navi Mumbai Airport Launches

0
Adani Group has unveiled a landmark investment plan worth INR 1 lakh crore in its airports business over the next five years, leveraging the...
Bollywood Actor Kareena Kapoor Leases Bandra West Flat At Rs 2.75 Lakh

Bollywood Actor Kareena Kapoor Leases Bandra West Flat At Rs 2.75 Lakh

0
The Mumbai luxury rental market continues its upward trajectory as a high-profile Bandra West flat commanded a monthly rent of ₹2.75 lakh. The residential...
JPMorgan Unveils Asias Largest GCC In Mumbai With 30,000 Employees Planned

JPMorgan Unveils Asias Largest GCC In Mumbai With 30,000 Employees Planned

0
JPMorgan Chase is set to establish Asia’s largest global capability centre (GCC) in Mumbai, committing 2 million square feet of office space in Powai...
Suraj Estate Developers Acquires Prime Bandra West Land For Future Residential Projects

Suraj Estate Developers Acquires Prime Bandra West Land For Future Residential Projects

0
Suraj Estate Developers has made a strategic move in Mumbai’s premium real estate segment by acquiring two land parcels in Bandra West, encompassing a...
CREDAI Seeks Increase In Affordable Housing Price Cap To Rs 90 Lakh

CREDAI Seeks Increase In Affordable Housing Price Cap To Rs 90 Lakh

0
The Confederation of Real Estate Developers’ Associations of India (CREDAI) has formally urged the central government to raise the price cap for affordable housing...