Bollywood sensation John Abraham has recently acquired a luxurious bungalow in Mumbai’s coveted Khar area. The property, boasting a price tag of Rs 70.83 crore, covers a substantial 5,416 sqft. The actor also bought the land of 7,722 sqft on which the bungalow is situated.
The deal, officially registered on December 27, 2023, came to light through property registration documents obtained by IndexTap.com. According to moneycontrol.com, John paid a stamp duty of Rs 4.24 crore for the property.
Situated on the Linking Road in Khar, one of Mumbai’s most bustling retail high streets, John Abhraham’s new abode is located amidst the city’s vibrant atmosphere. The area is not only renowned for its commercial significance but also boasts proximity to several educational institutions.
While the trend among Bollywood stars typically leans towards vertical living in high-end apartments due to space constraints, the horizontal property are commonly owned by industry veterans. Khar’s residential real estate commands a per sqft price ranging between Rs 40,000 to 90,000, according to information sourced from the website.
This move by John Abraham follows the recent buzz surrounding Bollywood legend Amitabh Bachchan, who made headlines by transferring ownership of his Juhu-based bungalow, Prateeksha, to daughter Shweta Bachchan. Valued at around Rs 50.63 crore, the ownership transition was formalised through two separate gift deeds on November 8, accompanied by a stamp duty payment of Rs 50.65 lakh.
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On the work front, John was last seen in Shah Rukh Khan-starrer Pathaan. He played the role of an antagonist in the film. John has an array of projects in the pipeline, including The Diplomat, Tehran, Tariq and Vedaa.
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John Abraham buys a bungalow worth Rs 70.83 crore in Mumbai’s Khar area – The Indian Express
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