The famous Bollywood actor Ronit Roy recently bought a sea-facing luxurious apartment in Mumbai. Located in Versova, the upmarket locale in Mumbai’s western suburb Andheri for worth Rs. 19 crore. The property belonged to Macrotech Developers.
Ronit Roy’s luxury apartment is on the 20th floor and spans more than 4,259 sq ft. The luxury property renders four parking spaces to the owner. According to IndexTap.com, the actor paid a stamp duty of approximately Rs. 1.14 crore towards property registration.
The deal was finalised on 10th June as per the documents.
It is an under-construction project with G+29 floors and is likely to be completed by December 2026. The possession of the project is also likely to be in the same tenure.
In the recent past, real estate has been the choicest investment portfolio amongst high-net-worth individuals. Interestingly, several Bollywood celebrities bought immovable assets as properties are identified as a way of wealth creation. Also, the perk of property investment is high, as individuals can reap lucrative returns on the same.
Some celebrities who recently bought properties in Mumbai are Shah Rukh Khan, Amitabh Bachchan, Aamir Khan, Abhishek Bachchan, and Shahid Kapoor to name a few. Also, the former Indian cricket team skipper, Kapil Dev bought land in Karjat.
Mumbai, the financial capital of India is the most expensive and sought-after real estate market. The continuous property purchase, make Mumbai break the record of more than 10,000 property registrations in the first few months of 2024.
The city witnessed year-on-year growth in registrations for 11 consecutive months from August 2023.