Actors make big bucks but many of them are also sound businessmen. We have seen many biggies opening parallel businesses apart from their acting career. Some are restaurateurs, fashion brands or lavish pubs/clubs owners but mostly all of them are real estate enthusiasts.
Celebrities invest heavily in properties both commercial and otherwise to create a portfolio of assets. Recently, Bollywood superstar Amitabh Bachchan bought three office spaces in Mumbai’s Veer Savarkar Signature building for a whopping Rs 60 crore!
According to documents acquired by the commercial real estate analytics site FloorTap.com, these office spaces are situated in Mumbai’s Andheri West neighborhood, near Veera Desai Road.
According to records, Big B allegedly purchased three office buildings spanning a total of 8,429 square feet for Rs 59.58 crore. The sale deed was finalized on June 20, 2024, with Amitabh Bachchan paying a stamp duty of Rs 3.57 crore for the transaction. Documents indicate that the business premises come with three parking spaces. Veer Savarkar Projects Private Limited was identified as the seller of the commercial property.
Interestingly, Amitabh Bachchan already owns four office suites in the same building which he purchased last year in August.
Additionally, in December 2023, he leased all four commercial spaces totaling approximately 10,000 sqft in Mumbai’s Oshiwara area for Rs 2.07 crore annually, along with a security deposit of Rs 1.03 crore.
Other celebs have also invested in the same building
Going by the latest update, Big B now owns 7 office spaces in the Signature Building.
He’s not the only one, the Signature Building is a hot spot for other celebs as well. Apart from senior Bachchan, celebrities like Manoj Bajpayee, Kajol, Ajay Devgn, Kartik Aryan, and Sara Ali Khan also have commercial units in this building.
Manoj Bajpayee
Manoj Bajpayee and his wife Shabana Raza invested Rs 31 crore in four units at Signature Building in October last year. According to property registration documents, each unit was priced at Rs 7.77 crore, with a stamp duty of Rs 46.62 lakh per unit.
Kartik Aaryan and Sara Ali Khan
Meanwhile, Kartik Aryan and Sara Ali Khan each own a unit measuring 2,099 square feet in the Signature Building. Sara Ali Khan and Amrita Singh purchased their flat for Rs 9 crore in July 2023, while Kartik Aryan bought his apartment for Rs 10 crore in September 2023. Aishwarya Property and Estates Private Limited facilitated the sale of both properties.
Kajol and Ajay Devgn
Kajol purchased a 194-square-meter commercial unit in the building for Rs 7.64 crore last year in August. Additionally, Ajay Devgn purchased five commercial properties located on the 16th and 17th floors of the Signature Building for Rs 45.9 crore. According to Hindustan Times, he paid a stamp duty of Rs 2.70 crore to complete the real estate transaction.
Abhishek Bachchan
A few weeks prior, Abhishek Bachchan purchased six new residential properties in the premium residential project Oberoi Sky City by Oberoi Realty, located in Borivali. According to a Hindustan Times report, he paid Rs 15.42 crore to acquire these apartments, situated on the 57th floor and spanning a total area of 4,894 square feet.