Amitabh Bachchan, a Bollywood icon, boasts a lengthy and illustrious career. Alongside his acting prowess, he delves into property investments. Recent reports hint at him leasing his Mumbai office space for a significant sum. Let's delve into the details.
Amitabh Bachchan Leases Property to Music Company in Mumbai
According to MoneyControl, Amitabh Bachchan has leased four commercial office spaces in Mumbai's Oshiwara region, measuring approximately 10,000 square feet. The annual rent is Rs 2.07 crore, with a security deposit of Rs 1.03 crore. Propstack.com's documents reveal that Warner Music India Limited will occupy the space for five years.
Big B purchased these properties in August for Rs 7.18 crore, featuring a three-year lock-in period and 12 parking lots. The stamp duty of Rs 2.88 lakh was paid on November 30. Increasingly, Bollywood stars are investing in real estate due to its soaring prices.
Amitabh Bachchan on Work Front
According to MoneyControl, Amitabh Bachchan has leased four commercial office spaces in Mumbai's Oshiwara region, measuring approximately 10,000 square feet. The annual rent is Rs 2.07 crore, with a security deposit of Rs 1.03 crore. Propstack.com's documents reveal that Warner Music India Limited will occupy the space for five years. Big B purchased these properties in August for Rs 7.18 crore, featuring a three-year lock-in period and 12 parking lots. The stamp duty of Rs 2.88 lakh was paid on November 30. Increasingly, Bollywood stars are investing in real estate due to its soaring prices.
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