John Abraham Acquires a Lavish Bungalow in Khar West, Mumbai for Around INR 71 Crore

A major real estate deal in Khar west reconfirms its strong position in the Mumbai real estate market.

John Abraham, a renowned Bollywood actor, has made a significant investment in Mumbai's real estate by purchasing a luxurious bungalow in the Khar area. The property, spanning 5,416 square feet with an additional land area of 7,722 square feet, was acquired for a staggering Rs 70.83 crore.

These details were revealed by property registration documents accessed by IndexTap.com

Located on Linking Road in Khar, a prominent retail high street in Mumbai, the bungalow also benefits from being in a neighborhood known for its educational institutions. For this property, Abraham has paid a substantial stamp duty of Rs 4.24 crore, with the deal being officially registered on December 27, 2023.

While a response from the actor is still anticipated, his investment in such a significant property has been the talk of the town.

In contrast to the trend among contemporary Bollywood stars who generally prefer apartments in high-rises due to Mumbai's space constraints, Abraham's choice of a bungalow reflects a preference more commonly seen among the industry's veterans. Bungalows, given their spacious and horizontal layout, are a rarity and a symbol of luxury in Mumbai's real estate market.

Bollywood Star John Abraham Invests in a Premium Bungalow in Mumbai's Posh Locality of Khar west.

In Khar west, where Abraham's new property is located, residential real estate prices per square foot range from Rs 50,000 to 90,000. These rates vary based on the specific area and the grade of the property, as indicated by local real estate brokers in Khar and Bandra area.