Tripti Dimri buys bungalow in Mumbai’s Bandra West for over Rs 14 crore, ET RealEstate

6 months ago


Bollywood actor Tripti Dimri has purchased a bungalow with ground plus two storey structure off plush Carter Road in Mumbai’s Bandra west locality for over Rs 14 crore.

The bungalow, house number 25 on Sherly Rajan Road, has a total land area of 2,226 square feet, and the house spanning across the ground floor and two additional levels has a total built up area of 2,194 sq ft.

It remains unclear whether the actor intends to embark on a redevelopment project for the property built in 1970 and situated close to the sea face or if the plan involves renovating the existing structure for personal residence.

The actor has paid Rs 70 lakh for the registration of the transaction that took place on Monday, shows the documents accessed through IndexTap(dot)com. The original owner of the land parcel had acquired the plot through an auction sale in 1931.

In Maharashtra, female homebuyers are eligible for a 1% discount on stamp duty for residential properties, reducing the usual 6% to 5%. This concession, introduced in the 2021-2022 budget, is extended to properties purchased independently or jointly with another woman. This concession, however, is not applicable on commercial and industrial properties.

The actor currently also stays at one of the apartment complexes on Sherly Rajan Road off Carter Road.

Dimrii’s team declined to comment on the story.

Real estate continues to stand out as a top choice for investments among high-net-worth individuals. Bollywood figures are actively acquiring properties, not just for personal use, but also as lucrative investment ventures.

Several Bollywood actors, producers and directors including Amitabh Bachchan, Shah Rukh Khan, Shilpa Shetty, Akshay Kumar, Abhishek Bachchan, and Aishwarya Rai have invested in properties.

Most recently, Bollywood actor, producer and entrepreneur John Abraham purchased a bungalow built over nearly one-fifth of an acre land parcel on tony Linking Road in Mumbai’s Khar locality for over Rs 70.83 crore.

Many deals of high-end luxury properties acquired by Ranveer Singh, Hrithik Roshan, Rani Mukherjee, Alia Bhat, Disha Patani, and Janhvi Kapoor have also been reported in the last few quarters.

  • Published On Jun 8, 2024 at 09:19 AM IST

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