Amitabh Bachchan acquires land in Alibaug for luxury villa

Amitabh Bachchan acquires land in Alibaug for luxury villa

Amitabh Bachchan seems to be on a property investment spree. After acquiring land in Ayodhya now, it is learnt that he has acquired a land parcel in Alibaug to build a luxury villa in the beach town known for sea view properties of rich and famous personalities.

Reportedly, the senior Bachchan has bought the land parcel spread over a quarter of an acre from The House of Abhinandan Lodha (HoABL) for over Rs 10 crore. The transaction was registered late last week.

It was in January, that the legendary actor purchased another land parcel in a 7-star mixed-use development of the developer to construct a house near the Shri Ram Janmabhoomi Temple in Ayodhya.

The Bachchan family owns several properties including bungalows Jalsa, Prateeksha and Janak in Mumbai’s plush Juhu locality. Of these, Bachchan and his wife gifted their lavish bungalow, Prateeksha, to their daughter Shweta Nanda.

News Edit K.V.Raman