Amitabh Bachchan’s Andheri Duplex Sold for ₹83 Crore Amid Rising Mumbai Real Estate Values

Bollywood legend Amitabh Bachchan has sold his luxurious duplex apartment located in Andheri, Mumbai, for a whopping ₹83 crore. The sale, finalized on January 17, 2025, is a remarkable turn in the real estate market, showcasing a substantial increase in property value. According to property registration documents accessed by SquareYards, Bachchan originally purchased the 5,185 sq ft apartment for ₹31 crore in April 2021, marking an impressive value appreciation of nearly 168%.

Details of the Property Transaction

The duplex apartment is spread across the 27th and 28th floors of a high-end building named The Atlantis. It comes with ample amenities, including six car parking spaces, offering a premium lifestyle. The transaction was accompanied by a stamp duty of ₹4.98 crore and a registration fee of ₹30,000, both of which are significant markers of the value and prominence of the property.

Amitabh Bachchan's decision to sell this apartment to Vijay Singh Thakor and Kamal Vijay Thakor has garnered attention not only because of his celebrity status but also due to the immense profit the sale generated. The property, initially rented out to Bollywood actress Kriti Sanon for ₹10 lakh per month in November 2021, further highlights the lucrative nature of real estate investments in Mumbai's competitive market.

Real Estate Market Impact

This sale is not just another celebrity transaction; it also reflects the broader trends in Mumbai’s luxury real estate sector. The city's high-end properties have seen consistent demand, driven by both Indian and international investors seeking premium living spaces. The rapid growth in property prices in areas like Andheri is indicative of Mumbai's ability to remain a global hub for luxury real estate investments. The Bachchan family's real estate portfolio, which has been active for several years, has added another substantial deal to the city's real estate narrative.

In addition to this sale, the Bachchan family has been increasingly active in the Mumbai real estate market. Between 2020 and 2024, they invested nearly ₹200 crore in various properties across the city. In 2024 alone, their investments reportedly exceeded ₹100 crore. The portfolio includes both residential and commercial spaces in sought-after areas like Oshiwara and Magathane (Borivali East), which continue to see increasing real estate activity and growing property values.

A Look at the Property’s History

When Amitabh Bachchan first acquired the Andheri duplex in 2021, it was seen as a significant addition to his property portfolio. Over time, the area’s transformation into a prominent business and residential hub made the apartment an even more desirable asset. The fact that Bachchan rented out the duplex to actress Kriti Sanon in late 2021 is a testament to the apartment’s appeal to high-profile individuals from the entertainment industry. The rental deal, which included a ₹60 lakh security deposit, reflected both the quality and exclusivity of the property.

The apartment’s expansive layout and premium features made it an attractive option for prospective buyers. The 5,185 sq ft of RERA-certified carpet area provided ample space, and the luxurious fittings and finishings, combined with the stunning views from the 27th and 28th floors, made it a highly desirable residence in one of Mumbai's most prestigious addresses.

Mumbai, known for its thriving real estate market, continues to see an influx of investment, especially in luxury segments. High-profile individuals, corporate professionals, and investors often target properties like the one sold by Bachchan, as they offer not only comfort and privacy but also a sense of exclusivity. As Mumbai’s real estate prices continue to rise, properties like these also serve as lucrative financial assets.

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