Sonakshi Sinha acquires Bandra apartment for Rs 110 million

Bollywood star Sonakshi Sinha has invested in a luxurious Mumbai apartment, located in the upscale Bandra suburb, for a sum of Rs 110 million. The spacious apartment boasts an area of approximately 2,430 sq ft and is situated on the 26th floor of the exclusive 81 Aureate tower on KC Road, near Bandra Reclamation.The purchase was made directly from developers Pyramid Developers and Ultra Lifespaces, with Sinha also paying a stamp duty of Rs 55 million for the registration of the deal, which was finalised on August 29, according to documents sourced from Zapkey(dot)com.Remarkably, this is the second apartment that Sinha has acquired within this residential tower. In March 2020, she had previously purchased another unit spanning 4,632 sq ft on the 16th floor for Rs 140 million, also directly from the same developers.Efforts to obtain comments from Sonakshi Sinha and the sellers were unsuccessful.High-net-worth individuals have consistently regarded real estate as a favoured investment option, and Bollywood personalities are no exception. They have not only purchased properties for personal use but also as sound investments.In a recent development, veteran actor Amitabh Bachchan procured four offices covering nearly 8,400 sq ft in a commercial project situated in the Oshiwara locality of Mumbai's Andheri suburb, at a cost of approximately Rs 290 million.Additionally, actors Kartik Aryan and Sara Ali Khan, along with her mother Amrita Singh, have also acquired properties within the same tower. Notably, actors Ajay Devgan and Kajol had previously invested in offices within the same project.Beyond actors, producers and directors have also demonstrated a keen interest in acquiring such high-end properties. Renowned film producer and director Dinesh Vijan recently purchased a luxury duplex apartment spanning nearly 7,800 sq ft within the super-premium Rustomjee Parishram residential tower, located in Mumbai's affluent Pali Hill area in Bandra suburb, at a considerable sum of nearly Rs 1.03 billion.