Realty Beat

Kangana Ranaut buys office property in Mumbai’s Andheri west, ET RealEstate


<p>Representative Image</p>
Representative Image

Bollywood actress and politician Kangana Ranaut has purchased an office property in Mumbai’s western suburb Andheri for over Rs 1.56 crore. The property is spread over a carpet area of 407 sq ft on the 19th floor of an under-construction commercial project. Ranaut has bought the property at Rs 38,391 per sq ft on carpet area basis.

She has paid stamp duty of over Rs 9.37 lakh for the registration of the deal that took place on August 23, showed the documents accessed through realty data analytics firm Propstack.

ET’s query to Ranaut’s team remained unanswered until the time of going to press.

Real estate continues to be a top investment choice for high net-worth individuals. Bollywood celebrities have been actively acquiring properties, recognizing the value of these assets not just for personal use but also as an attractive investment opportunity that can contribute to their growing wealth portfolios.

Several prominent personalities from Bollywood, including actors, producers, and directors such as Amitabh Bachchan, Shah Rukh Khan, Shilpa Shetty, Akshay Kumar, Abhishek Bachchan, and Aishwarya Rai, have actively invested in various real estate ventures.

These industry stalwarts have been strategically diversifying their portfolios by acquiring properties across prime locations.

Additionally, in recent quarters, notable celebrities like Ranveer Singh, Hrithik Roshan, Rani Mukherjee, Alia Bhatt, Disha Patani, and Janhvi Kapoor have also been involved in multiple high-profile transactions, focusing particularly on luxurious and upscale properties.

  • Published On Aug 27, 2024 at 07:00 PM IST

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