Ranveer Singh buys ₹119 crore Bandra Bandstand property
Live MintBollywood actor Ranveer Singh and his father Jugjeet Sundersingh Bhavnani have bought two luxury, sea-facing residential units - a 16th floor apartment and a triplex from the 17th to 19th floor – at ‘Sagar Resham’ building in Mumbai’s upscale Bandra Bandstand area, for ₹118.94 crore. Bandra Bandstand is a high-profile residential stretch, and the Sagar Resham building, which has four- and five-bedroom apartments, is a stone’s throw from the residences of popular Bollywood actors Shahrukh Khan and Salman Khan. Indextap foresees many more such high-end property deals being in the works and the luxury residential market to continue to perform well, despite fear of possible global recession,” said Abhishek Kiran Gupta, CEO and co-founder, CRE Matrix and Indextap. Luxury homes in Mumbai, the country’s most valuable property market, have continued to see relentless demand especially given limited supply in premium neighbourhoods.