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

11 Oct 2021 CW Team

State Bank of India (SBI) has leased a ground floor of a property owned by Amitabh Bachchan in Mumbai's Juhu locality.

The state-owned bank has entered into a contract with the Bollywood star and his son Abhishek Bachchan to rent 3,150 sq ft in a building close to the family residence, Jalsa, in Juhu. Additionally, the Bachchans own the Janak, Ammu, Vatsa and Prateeksha bungalows in Juhu.

The bank has consented to pay Rs 18.9 lakh as monthly rent for a 15 year lease. The rent will observe a 25% surge every five years, displayed documents obtained through Zapkey.com.

The bank has spent a security deposit of more than Rs 2.26 crore, equal to a year's rent. On 28th September 2021, the deal was registered.

SBI is likely to install a branch in the space, which was recently vacated by Citibank.

Image Source

Also read: Model builder-buyer agreement crucial for realty sector in India: SC

Real Estate

08 May 2026

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..