Amitabh Bachchan sells Gulmohar Park family home for Rs 23 cr
Real Estate

Amitabh Bachchan sells Gulmohar Park family home for Rs 23 cr

Amitabh Bachchan, the Bollywood actor, has sold his Gulmohar Park home ‘ Sopaan’ in South Delhi for around Rs 23 crore, according to three people familiar with the transaction.

Teji Bachchan and Harivansh Rai Bachchan, Amitabh Bachchan's parents, used to live in the bungalow.

Avni Bader, CEO of the Nezone group of companies, who lives nearby and has known the Bachchan family for over 35 years, has purchased the property.

The registry for the 418.05 sq m property was completed on December 7, according to data from Zapkey.

Bachchan has mentioned the family home, Sopaan, on his blog several times, and it was registered in his mother's name, Teji Bachchan.

While Amitabh Bachchan currently resides in Mumbai, where his home is a popular tourist attraction, he has remained attached to the double-storied home in Gulmohar Park, which is thought to be the Bachchan family's first home.

Locals informed that the family hosted poetry sessions until 1980 when Harivansh Rai lived in the bungalow.

Amitabh Bachchan recently paid Rs 31 crore for a duplex apartment in the Atlantis project in Mumbai's Andheri neighbourhood, which is still under construction.

High-value properties have always been in demand in South Delhi, but due to the large difference between the circle rate and the market rate, transactions have slowed in some areas.

Customers are focusing on wellness and convenience, according to developers, and there is a shift toward properties with large outdoor spaces that are ideally part of an integrated township.

At the same time, through a Covid-19-ravaged 2020–21, South Delhi and Lutyens' Bungalow Zone registered the highest number of property registrations in three years, with uber-rich investors buying assets in the area.

Image Source

Also read: SBI leases 3,150 sq ft space owned by Amitabh Bachchans in Juhu

Amitabh Bachchan, the Bollywood actor, has sold his Gulmohar Park home ‘ Sopaan’ in South Delhi for around Rs 23 crore, according to three people familiar with the transaction. Teji Bachchan and Harivansh Rai Bachchan, Amitabh Bachchan's parents, used to live in the bungalow. Avni Bader, CEO of the Nezone group of companies, who lives nearby and has known the Bachchan family for over 35 years, has purchased the property. The registry for the 418.05 sq m property was completed on December 7, according to data from Zapkey. Bachchan has mentioned the family home, Sopaan, on his blog several times, and it was registered in his mother's name, Teji Bachchan. While Amitabh Bachchan currently resides in Mumbai, where his home is a popular tourist attraction, he has remained attached to the double-storied home in Gulmohar Park, which is thought to be the Bachchan family's first home. Locals informed that the family hosted poetry sessions until 1980 when Harivansh Rai lived in the bungalow. Amitabh Bachchan recently paid Rs 31 crore for a duplex apartment in the Atlantis project in Mumbai's Andheri neighbourhood, which is still under construction. High-value properties have always been in demand in South Delhi, but due to the large difference between the circle rate and the market rate, transactions have slowed in some areas. Customers are focusing on wellness and convenience, according to developers, and there is a shift toward properties with large outdoor spaces that are ideally part of an integrated township. At the same time, through a Covid-19-ravaged 2020–21, South Delhi and Lutyens' Bungalow Zone registered the highest number of property registrations in three years, with uber-rich investors buying assets in the area. Image Source Also read: SBI leases 3,150 sq ft space owned by Amitabh Bachchans in Juhu

Next Story
Infrastructure Urban

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors...To read the full article Click Here..

Next Story
Real Estate

Serene Communities, Prathima Group Invest Rs 4 billion in Hyderabad

Serene Communities by Columbia Pacific, India’s largest senior living operator, has partnered with Prathima Group to develop two senior living projects in Hyderabad, marking its entry into Telangana. The collaboration represents an investment of Rs 4 billion, combining Serene’s international expertise with Prathima’s local development experience. The first project, Serene BILVANI One, launched in Shankarpally, is Hyderabad’s first premium senior living community. Designed for independent and active ageing, it features senior-friendly architecture, barrier-free design, and wellness..

Next Story
Infrastructure Urban

India remains our most important market

Foundamental, the world’s leading venture capital platform focused on the project economy, has launched its third fund to strengthen its presence in India, APAC, and other global markets. Led by Berlin-based Managing Partners Shubhankar Bhattacharya and Patric Hellermann, Fund III aims for a final close by the end of 2025. In an exclusive interaction with CW, Bhattacharya shares insights on the fund’s mandate, India’s role in their strategy, and the opportunities they see in the construction-tech and project-based sectors. Can you briefly explain Fund III’s mandate and how In..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?