Abhishek Bachchan Buy a Property Worth 41.4 Crore

The preferred choice for investment for Bollywood stars has always been real estate in Mumbai. Abhishek Bachchan has too booked a luxury real estate Mumbai property in a Worli project. It is estimated that that Mumbai real estate investment cost the actor Rs 41.14 crore. The approximate rate for real estate Mumbai property is Rs 1.06 lakh a square feet for 3,875 square feet real estate Mumbai property. The flat in the upcoming project is on the 37th floor in Skylark Towers which are located in prime Mumbai real estate location Annie Besant Road. The 5 BHK property has a dining and living rooms, family room, wet and dry kitchens as well as 20 feet terraces. This project is one of very few project in real estate in Mumbai where housing authorities have allowed such unusually huge terraces.

The upcoming project Skylark Tower has two wings, each tower will be 67 floors high. The project is being built by Oasis Realty. The company is a joint venture between - realtor Sudhakar Shetty and developer Vikas Oberoi. It is believed that the stamp duty paid on the Mumbai real estate properties comes out to be a little more that Rs. 2 crore. Also the actor will have to pay a separate fee for the clubhouse membership for Rs 25 lakh. The sale agreement also specifies development charges of Rs 35 lakh. This is not the first time that a Bollywood actor has pumped money in real estate in Mumbai. Previously several stars including Hrithik Roshan, Shahid Kapoor, Vidya Balan have invested heavily in Mumbai real estate. Although some stars prefer to invest only in bungalows and independent house others don't mind investing in luxury flats and penthouses. But it is quiet clear that Bollywood is keenly interested in Mumbai real estate.