John Abraham purchases a luxurious bungalow in Mumbai’s prime Khar area
Bollywood star John Abraham recently made headlines with a whopping purchase – a luxurious bungalow in Mumbai’s prime Khar area. This grand property, priced at a staggering Rs 70.83 crore, covers an extensive 5,416 square feet, sitting on a sizable 7,722 square feet of land.
The official registration of this significant deal took place on December 27, 2023, as revealed through property registration documents from IndexTap.com. Stamp duty payments of Rs 4.24 crore were reported by moneycontrol.com, giving a glimpse into the substantial investment made by John for this posh residence.
Situated along the bustling Linking Road in Khar, John’s new abode enjoys a strategic location amidst Mumbai’s vibrant retail hubs. Besides its commercial appeal, the area’s proximity to renowned educational institutions adds to its allure as an upscale residential hotspot.
While many Bollywood celebrities prefer tall apartments due to space constraints, industry veterans often favor bungalows like the one John acquired. Khar’s residential real estate has a price tag ranging from Rs 40,000 to 90,000 per square foot, emphasizing the area’s exclusive status.
John Abraham’s recent real estate investment
John’s property purchase follows the buzz around Bollywood legend Amitabh Bachchan’s recent transfer of ownership of his Juhu-based bungalow, Prateeksha, to his daughter Shweta Bachchan. Valued at around Rs 50.63 crore, this transfer was formalized through gift deeds, with a stamp duty payment of Rs 50.65 lakh.
Switching gears to John’s silver screen ventures, the actor last appeared in ‘Pathaan’ alongside Shah Rukh Khan, portraying an antagonist. With projects like ‘The Diplomat,’ ‘Tehran,’ ‘Tariq,’ and ‘Vedaa’ lined up, John continues to showcase his acting skills and diversify his cinematic repertoire.
John Abraham’s recent real estate investment and busy film career reflect his diverse journey, highlighting his dedication to his craft and intelligent investments in Mumbai’s thriving property market.
