Bollywood’s Shahenshah Amitabh Bachchan Sells Property for Huge Profit

Bollywood’s legendary actor Amitabh Bachchan has recently sold one of his properties for a significant profit. The actor, who is one of the richest celebrities in Bollywood, sold a prime property with a massive 168% return on investment.

Amitabh Bachchan, known for his immense wealth, owns numerous properties across Mumbai. In fact, the actor possesses five bungalows and several apartments in the city. Among his notable investments is a duplex apartment he purchased in April 2021 during the COVID-19 pandemic. Located in the posh Oshiwara area of Mumbai, this premium apartment in the Atlantis building was bought for ₹31 crore. Just three years later, Amitabh sold this property for ₹83 crore, making a whopping profit of ₹52 crore.

House Tour: Amitabh Bachchan | Jalsa & Pratiksha #amitabhbachchan #amitabh - YouTube

This duplex, which covers a carpet area of 5,185 square feet, also includes a spacious terrace of 445 square meters and parking space for six cars. Before Amitabh sold the property, actress Kriti Sanon was renting it for ₹10 lakh per month and had deposited ₹1 crore as security.

Oshiwara, a very upscale neighborhood in Mumbai, has seen property prices soar since the COVID-19 pandemic. Before the pandemic, the area was much more affordable, but following the surge in demand, prices have gone through the roof. Wealthy individuals like Amitabh Bachchan have benefited from this dramatic rise in property values.

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Apart from his Oshiwara property, Amitabh continues to reside in his iconic Jalsa bungalow in Juhu, Mumbai, which spans across 10,125 square feet and is estimated to be worth around ₹1,000 crore. He has been living in Jalsa for over 30 years. Additionally, Amitabh owns four more bungalows in the city.

Reports suggest that between 2020 and 2024, Amitabh Bachchan made a total real estate investment of approximately ₹400 crore. Just recently, he also purchased a plot of land in Ayodhya, which spans 10,000 square feet and is valued at around ₹10 crore.

Even at his age, Amitabh Bachchan continues to display a relentless passion for business and wealth creation. His investments, whether in real estate or other ventures, reflect his astute financial acumen.