Bollywood’s hot real estate pin codes

In the year 2000, Canara Bank was gearing up to auction Pratiksha, the Juhu bungalow of superstar Amitabh Bachchan in a loan default case when his late friend Subrata Roy Sahara bailed him out by settling the claims of ₹14 crore, thus preventing the famed bungalow from going out of hand. “With rising land prices in Mumbai, recent transactions show a shift toward luxury high-rises by top developers, offering top-tier amenities, and catering to the growing demand for convenience, exclusivity, and modern living as well as presenting strong investment opportunities,” said Kanika Gupta Shori, Founder & COO of Square Yards, an integrated real estate platform. “With higher revenues and increased wealth, celebrities began to view real estate not just as a lifestyle choice but also as a strategic investment vehicle, diversifying their portfolios beyond traditional end-use properties,” she said. Additionally, global real estate investments are becoming popular, with celebrities like Shah Rukh Khan, Aishwarya and Abhishek Bachchan, and Akshay Kumar acquiring properties in Dubai, the UK, the US and Canada, according to Shori. “The celebrity real estate journey mirrors Mumbai’s economic and urban development as well as Bollywood’s evolution over the decades, which have significantly influenced where the film and TV community choose to reside,” said Shori.