Kangana Ranaut buys office property in Andheri, Mumbai
Real Estate

Kangana Ranaut buys office property in Andheri, Mumbai

Bollywood actress and politician Kangana Ranaut has acquired an office property in Mumbai's western suburb of Andheri for over Rs 15.6 million. The property, located on the 19th floor of an under-construction commercial project, spans a carpet area of 407 sq ft. Ranaut purchased the property at a rate of Rs 38,391 per sq ft on a carpet area basis. She paid a stamp duty of over Rs 9.37 lakh for the registration of the deal, which was completed on August 23, according to documents accessed via realty data analytics firm Propstack.

Real estate remains a popular investment choice among high net-worth individuals, with Bollywood celebrities increasingly acquiring properties not only for personal use but also as a lucrative investment opportunity to enhance their wealth portfolios. Prominent figures from Bollywood, including actors, producers, and directors such as Amitabh Bachchan, Shah Rukh Khan, Shilpa Shetty, Akshay Kumar, Abhishek Bachchan, and Aishwarya Rai, have been actively investing in various real estate ventures, strategically diversifying their portfolios by acquiring properties in prime locations. Additionally, in recent quarters, celebrities like Ranveer Singh, Hrithik Roshan, Rani Mukherjee, Alia Bhatt, Disha Patani, and Janhvi Kapoor have also engaged in multiple high-profile transactions, particularly focusing on luxurious and upscale properties.

The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com

Bollywood actress and politician Kangana Ranaut has acquired an office property in Mumbai's western suburb of Andheri for over Rs 15.6 million. The property, located on the 19th floor of an under-construction commercial project, spans a carpet area of 407 sq ft. Ranaut purchased the property at a rate of Rs 38,391 per sq ft on a carpet area basis. She paid a stamp duty of over Rs 9.37 lakh for the registration of the deal, which was completed on August 23, according to documents accessed via realty data analytics firm Propstack.Real estate remains a popular investment choice among high net-worth individuals, with Bollywood celebrities increasingly acquiring properties not only for personal use but also as a lucrative investment opportunity to enhance their wealth portfolios. Prominent figures from Bollywood, including actors, producers, and directors such as Amitabh Bachchan, Shah Rukh Khan, Shilpa Shetty, Akshay Kumar, Abhishek Bachchan, and Aishwarya Rai, have been actively investing in various real estate ventures, strategically diversifying their portfolios by acquiring properties in prime locations. Additionally, in recent quarters, celebrities like Ranveer Singh, Hrithik Roshan, Rani Mukherjee, Alia Bhatt, Disha Patani, and Janhvi Kapoor have also engaged in multiple high-profile transactions, particularly focusing on luxurious and upscale properties.

Next Story
Infrastructure Transport

Gadkari issues warning to contractors over poor road maintenance

Union Road Transport and Highways Minister Nitin Gadkari strongly criticized agencies and contractors for their failure to maintain roads adequately. He stated that while good operators would be rewarded, those delivering poor work would be "driven out of the system." "We will not spare you. We will ensure that the bank guarantees of those performing inadequately are forfeited, and you will be blacklisted from applying for new tenders," he warned. Gadkari’s remarks followed his observations of the poorly maintained Eastern Peripheral Expressway, which he used to reach Ghaziabad for the inaug..

Next Story
Infrastructure Urban

SC halts bulldozer demolitions nationwide until Oct 1

The Supreme Court of India issued a stay on bulldozer demolitions across the country until October 1, prohibiting such actions without its approval, except in cases involving public roads, water bodies, and railway lines. The court stated it would establish guidelines regarding when and how properties can be demolished according to municipal laws. Last week, a bench comprising Justices Hrishikesh Roy, Sudhanshu Dhulia, and SVN Bhatti criticized the concept of "bulldozer justice," asserting that such threats of demolition are unacceptable in a nation governed by law. This ruling came in respons..

Next Story
Infrastructure Transport

CIDCO invites tenders for Kharghar-Belapur coastal road project

The City and Industrial Development Corporation (CIDCO) has announced the invitation of tenders for the Kharghar-Belapur Coastal Road project in Navi Mumbai. This initiative aims to enhance connectivity and promote regional development in the area. The project is expected to include various infrastructural improvements to facilitate smoother traffic flow and better accessibility. Interested contractors can submit their bids as per the specified guidelines. CIDCO has outlined the project details, including timelines and requirements, on its official website. This coastal road is part of a broad..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000