+
 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

Naidu Seeks Rs 563 Crore For AP Sports Infrastructure

Andhra Pradesh Chief Minister N Chandrababu Naidu has sought Rs 563 crore from the Centre to boost sports infrastructure in the state, including Rs 538 crore for stadium development and Rs 25 crore to host the Khelo India Martial Arts Games 2025. Naidu made the request during a meeting with Union Youth Services and Sports Minister Mansukh Mandaviya in New Delhi on Wednesday.The CM urged early completion of Khelo India infrastructure projects in Tirupati, Rajahmundry, Kakinada, and Narasaraopeta, and called for an international-standard badminton training centre and a national aquatic sports hu..

Next Story
Infrastructure Transport

Tough Bidding Norms Slow NHAI Road Project Awards

Stringent bidding rules imposed by the Ministry of Road Transport & Highways (MoRTH) have led to a slowdown in project awards by the National Highways Authority of India (NHAI), despite a robust Rs 3.5 trillion pipeline. According to an HDFC Securities report, the shift to more cautious developer models now favours firms with strong balance sheets, as tighter qualification norms limit aggressive bidders.The revised norms mandate additional performance security, targeting the exclusion of players that previously submitted low bids—often 25 to 40 per cent below NHAI cost estimates—raisin..

Next Story
Infrastructure Transport

Mumbai Gets Coastal Nod for Next Promenade Phase

As Mumbai prepares to open two major sections of its expansive seafront promenade this week, the city’s civic authority has secured a key coastal clearance to advance further construction. The Maharashtra Coastal Zone Management Authority (MCZMA) has approved the commencement of work on the segment between Haji Ali and Baroda Palace, with tendering expected soon after project cost assessments.The promenade, stretching 7.5 km in length and 20 metres wide, is being designed as a flagship open space for walkers, joggers, and cyclists. Two critical stretches—2.75 km from Tata Garden to Haji Al..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?