Bollywood Icon Amitabh Bachchan Expands Real Estate Portfolio with Luxurious Alibaug Purchase
Renowned Bollywood legend Amitabh Bachchan continues to make headlines, this time with his recent acquisition of a prime land parcel in the picturesque coastal town of Alibaug, near Mumbai. According to sources closely involved in the transaction, Bachchan has set his sights on constructing a lavish villa on the sprawling property, adding yet another gem to his already illustrious real estate portfolio.
The purchased land, spanning a generous quarter of an acre, was acquired from The House of Abhinandan Lodha (HoABL) for a staggering sum exceeding Rs 10 crore. The transaction, which was finalized late last week, underscores Bachchan’s penchant for acquiring prestigious properties in sought-after locations.
This latest acquisition follows hot on the heels of Bachchan’s previous foray into real estate investment earlier this year. In January, the veteran actor made headlines with his purchase of a plot in a luxurious 7-star mixed-use development, strategically situated near the recently inaugurated Shri Ram Janmabhoomi Temple in Ayodhya.
The Bachchan family’s real estate holdings already include several iconic properties, including the renowned bungalows Jalsa, Prateeksha, and Janak, all nestled within Mumbai’s upscale Juhu neighborhood. Notably, in a gesture of familial generosity, Bachchan and his wife recently bestowed their beloved bungalow, Prateeksha, upon their daughter Shweta Nanda.
Alibaug, famed for its stunning sea views and coveted coastal properties, has long been a magnet for affluent individuals seeking serenity and luxury. With Bachchan’s latest acquisition, the town’s allure only continues to grow, cementing its status as a preferred destination for discerning homeowners.
As Bachchan’s real estate empire expands, his discerning eye for prime properties and his penchant for combining luxury with strategic location remain unwavering. With each acquisition, the Bollywood icon further solidifies his legacy not only as a cinematic powerhouse but also as a shrewd investor with an eye for unparalleled opulence.