Article may be outdated

This article is 84 days old. Some details may have changed since publication.

Times of India·3 min read·medium

Amitabh Bachchan's multi-crore real estate empire: Ayodhya, Mumbai, Dubai & more

T
TOI REAL ESTATE DESK
Amitabh Bachchan's multi-crore real estate empire: Ayodhya, Mumbai, Dubai & more
✦AI Summary

Actor Amitabh Bachchan has significantly expanded his real estate portfolio with major investments in Ayodhya, totaling over Rs 100 crore. These new acquisitions complement his existing luxury holdings in Mumbai, Pune, and Dubai.

Why it matters

The investments highlight the rapid appreciation of real estate in Ayodhya following the temple development and the diversification strategies of high-net-worth individuals.

✦Dive DeeperCreate a free account to unlock

Amitabh Bachchan has emerged as the biggest celebrity investor in Ayodhya's fast-growing real estate market, with land acquisitions in the temple town now estimated at over Rs 90-100 crore.Over the past two years, the actor has built a sizeable property portfolio spanning residential, commercial and institutional holdings, even as he continues to expand his real estate investments across India. This spanns multiple parcels, including a 25,000 square feet luxury plot near the Sarayu development bought for close to Rs 40 crore, and a 67-acre land parcel purchased through his company, AB Corp Ltd, for Rs 35 crore.A separate 54,454 square feet plot has been registered in the name of the Harivansh Rai Bachchan Memorial Trust, where a memorial for his father is proposed to come up.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
businessentertainment
✦

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in