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

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Products

07 Jul 2026

EUROBOND Expands NABL Accreditation to 51 Testing Parameters

EUROBOND, the flagship brand of Euro Panel Products, has expanded the National Accreditation Board for Testing and Calibration Laboratories (NABL) accreditation of its in-house laboratory from 16 to 51 mechanical and chemical testing parameters, making it the only Indian aluminium composite panel (ACP) manufacturer with accreditation covering such an extensive testing scope.The expanded accreditation enables the company to independently test coils, coatings, cores, aluminium composite panels (ACP) and metal composite panels (MCP) in accordance with international standards, including IS, ASTM, ..