In a transaction that has instantly made headlines across the real estate and business sectors, Nikhil Nanda, the Chairman and Managing Director of Escorts Kubota Limited and the son-in-law of megastar Amitabh Bachchan, has reportedly acquired a stunning luxury apartment in Mumbai's highly desirable Juhu locality. Registered for over ₹28 crore, this high-profile purchase isn't just a business deal; it’s a strong signal about the consolidation of India’s elite power—where industry and cinema meet—in one of the city's most exclusive neighbourhoods.

₹28 Crore Deal: Nikhil Nanda’s Juhu Apartment Signals a New Era of Elite Bollywood Living

In a transaction that has instantly made headlines across the real estate and business sectors, Nikhil Nanda, the Chairman and Managing Director of Escorts Kubota Limited and the son-in-law of megastar Amitabh Bachchan, has reportedly acquired a stunning luxury apartment in Mumbai's highly desirable Juhu locality. Registered for over ₹28 crore, this high-profile purchase isn't just a business deal; it’s a strong signal about the consolidation of India’s elite power—where industry and cinema meet—in one of the city's most exclusive neighbourhoods.

The New Address of Power: K Raheja Corp’s Maestro

The apartment is situated in the prestigious Maestro project by K Raheja Corp, a development that stands on the iconic erstwhile plot of the late filmmaker B.R. Chopra's bungalow. This location itself adds a layer of cinematic heritage to the property, perfectly blending Bollywood legacy with ultra-modern luxury.

Documents reveal the unit spans an impressive 3,139 sq ft of carpet area, complemented by an additional 411 sq ft private terrace, bringing the total usable space to approximately 3,550 sq ft. The luxury quotient is further emphasized by the inclusion of three designated car parking spaces—a significant feature in a congested city like Mumbai. The deal was registered on October 16, 2025, with a stamp duty payment of a substantial ₹1.70 crore.

Why Juhu is the Ultimate Celebrity Hub

The choice of Juhu is no coincidence. It is already the established home turf of the Bachchan family, with Amitabh Bachchan’s iconic bungalows, Prateeksha and Jalsa, being local landmarks. This move places Nikhil and his wife, Shweta Bachchan Nanda, firmly at the heart of their family’s emotional and geographical centre in Mumbai.

Bridging Delhi’s Industry and Mumbai’s Cinema

While the Nanda family has historically been rooted in Delhi—Nikhil Nanda is a key figure in India’s automotive and farm equipment industry, and his mother, the late Ritu Nanda, was the daughter of the legendary Raj Kapoor—this acquisition suggests a deepening connection to Mumbai.

This shift is timely, particularly as their children, Agastya Nanda and Navya Naveli Nanda, are increasingly active in Mumbai’s media and entertainment spheres. Agastya recently made his acting debut, while Navya is involved in her own entrepreneurial and social initiatives. The new Juhu residence provides a strategic, permanent base that caters to the professional trajectories and familial ties that connect the Nanda and Bachchan families.

The purchase is more than just a home; it’s a landmark luxury investment, solidifying the family's presence in a neighbourhood synonymous with Bollywood aristocracy and underscoring their position as one of India's most powerful and influential dynasties at the intersection of industry and cinema.
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