Amitabh Bachchan buys Rs 31 crore apartment in Mumbai

Bollywood superstar Amitabh Bachchan has purchased a 5704 square feet duplex apartment in Andheri, the western suburbs of Mumbai, for ₹31 crore as per a Hindustan Times report. The Maharashtra Chambers of Housing Industry (MCHI-CREDAI) said Bachchan saved more than ₹90 lakh from the deal. “Any sale boosts the whole cycle of real estate like the payment to banks, contractors and also fetches government revenue in the form of stamp duty and registration amount. Hence, the government needs to bring back the stamp duty cut,” said Deepak Goradia, President, MCHI-CREDAI. Bachchan has brought the property from Crystal Pride Developers in Atlantis Building at Andheri (W). The property is reported to be on the 27 and 28 floors of the under-construction 34-storeyed building. It also includes six mechanised parking slots.

Bachchan purchased the apartment on December 31, 2020, and registered the same on April 12, 2021.The actor paid ₹62 lakh as stamp duty by taking advantage of a stamp duty scheme of the Maharashtra government under which buyers have to pay just 2% of the stamp duty instead of the normal 5%. The scheme was launched to improve revenue which has fallen significantly amid the Covid-19 pandemic. Atlantis Building in Andheri also has two other Bollywood buyers, Sunny Leone and Anand L Rai, the director of Bollywood blockbuster ‘Tanu weds Manu’. While Leone paid ₹16 crore for her 4365 square feet apartment, Rai had to shell out ₹25.30 crore for his 5917 square feet apartment. Amitabh lives at his Juhu bungalow Jalsa with his family. He also owns houses named Prateeksha, Janak, and others. In a social media post earlier this year, Amitabh revealed that Jalsa used to belong to filmmaker NC Sippy and that he 'bought and rebuilt' it. Amitabh was last seen on screen in Gulabo Sitabo, which released directly on Amazon Prime Video in 2020. He has a slew of films lined up, including Chehre, which has been delayed due to the pandemic, and also Jhund, Brahmastra, Mayday and Goodbye.