Bollywood legend Amitabh Bachchan is once again making headlines, but this time, the applause isn't for his performance on screen; it's for his acumen in the fierce world of Mumbai real estate. The veteran superstar has reportedly executed a highly profitable exit from two luxury apartments in Goregaon's prestigious Oberoi Exquisite tower, showcasing an investment strategy that is nothing short of masterful.

The combined sale of these two units, both of which are sizable 1,820 sq ft apartments, fetched a whopping ₹12 crore, with each unit selling for an impressive ₹6 crore to separate buyers. This transaction is a clear indicator that the Big B not only selects prime properties but also knows precisely when to cash in.

A 47% Return on Investment: The Long Game

The most remarkable aspect of this sale is the return on investment (ROI). Property records indicate that Amitabh Bachchan purchased these Goregaon units back in 2012 for a combined total of approximately ₹8.12 crore. Selling them over a decade later for ₹12 crore translates to an impressive 47% return on investment.

In a market where long-term capital appreciation can fluctuate wildly, securing nearly a fifty percent return on a luxury residential asset in 13 years highlights a strategic, patient approach to real estate. The apartments, located on the 47th floor of the high-rise, not only offered luxury but also a 'sky-high' premium, appealing to buyers looking for a coveted address and status symbol. The deal was meticulously wrapped up, with each apartment including two dedicated car parking spaces, a significant luxury in space-constrained Mumbai.

Goregaon's Golden Mile: The Location Advantage

The choice of location, Oberoi Exquisite in Goregaon East, speaks volumes about the value of integrated, premium townships in Mumbai. Goregaon, once considered a distant suburb, has transformed into a vibrant hub, largely due to its connectivity, infrastructure development, and the presence of integrated developments like Oberoi Garden City.

This area attracts a mix of film industry professionals, high-net-worth individuals, and business executives. The sustained demand in this micro-market ensures that well-maintained, high-quality properties hold their value and, more importantly, appreciate significantly over time. Bachchan's property sale validates Goregaon's status as a profitable investment corridor in the Western Suburbs.

The Bachchan Real Estate Shuffle

This latest sale is part of a broader, highly active real estate portfolio management strategy employed by the Bachchan family. Far from resting on his laurels, the superstar continues to be a sharp player in the property market.

In recent months, the family has been in the news for:

• Acquisitions: Jointly purchasing multiple apartments in a Mulund West project and the veteran actor acquiring land parcels in high-growth areas like Alibaug.

• High-Value Sales: Earlier this year, Amitabh Bachchan sold a massive duplex apartment in Andheri for an astonishing ₹83 crore, a transaction that showcased an even higher percentage profit.

This continuous cycle of strategic buying, leasing (like his commercial office units in Oshiwara), and calculated selling demonstrates that the cinematic legend is also a formidable force in the real estate sector, setting sophisticated investment goals for aspiring property tycoons.
Read Also: Beyond the Stardom: Why Mahesh Babu is Dubbed the Humblest Superstar
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