Amitabh Bachchan Purchases 10,000 Sq Ft Of Land In Alibaugh For A WHOPPING Rs 10 Crore! The Coastal City Has Become A FAVE Real-Estate Destination For Celebs
Amitabh Bachchan has invested in an exciting property in Alibaugh a coastal city close to Mumbai, after purchasing property in Ayodhya
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Renowned actor Amitabh Bachchan recently made headlines after acquiring a 10,000 square foot land parcel in Alibaug, Maharashtra, near Mumbai, for a substantial sum of ₹10 crore from The House of Abhinandan Lodha (HoABL). This transaction, finalized last week, marked Bachchan's investment in the A Alibaug project, a 20-acre plotted development launched in April the previous year. ALSO READ: Amitabh Bachchan Shares Cryptic Tweet Days After Ayodhya's Ram Mandir Inauguration: Samay Bada Balwaan Hai!
Notably, this wasn't Bachchan's first collaboration with the builder as he had previously purchased a land parcel in Ayodhya from the same developer for his project, The Sarayu. This particular plot, valued at ₹14.5 crore and spanning 10,000 square feet, was intended for the construction of a residence by the iconic actor.
Alibaug has gained prominence as a sought-after real estate hub for affluent individuals looking for luxurious retreats and lucrative investment prospects. Its strategic location near Mumbai, combined with well-established infrastructure and scenic coastal surroundings, has attracted a growing demand for high-end properties in recent times. ALSO READ: Amitabh Bachchan Purchases Land In Ayodhya For A STAGGERING Rs 14.5 Crores Ahead Of Ram Mandir Inauguration - Reports
In a separate real estate venture, actor Shah Rukh Khan's daughter Suhana Khan made waves by investing in a farm land in Thal village, Alibaug, for ₹9.5 crore earlier this year. This move followed her acquisition of an agricultural land with three structures in Alibaug's Raigad district for ₹12.91 crore the previous year. Notably, Shah Rukh Khan himself owns a stunning sea-facing property in Thal, complete with a swimming pool and helipad, where he frequently hosts gatherings for his Bollywood peers.
The trend of celebrities and business magnates flocking to Alibaug for vacation homes continues to gain momentum, with notable figures like Anushka Sharma-Virat Kohli purchasing a villa in Avas Living and cricketer Rohit Sharma acquiring land in Mhatroli village. These high-profile investments underscore the allure of Alibaug's coastal villages as prime destinations for luxury living and leisure retreats among the elite.
Image Source: Instagram
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