anveer Singh and Deepika Padukone pictured at airport
In one of many largest residential house offers within the nation, Bollywood actor Ranveer Singh has purchased a sea-facing quadruplex in suburban Bandra for Rs 119 crore, trade sources mentioned on Monday.
The actor has purchased the house unfold throughout flooring 16, 17, 18 and 19 of Sagar Resham, a constructing at Bandstand within the shut neighborhood of Shah Rukh Khan’s bungalow ‘Mannat’ and Salman Khan’s pad in Galaxy Flats.
Oh 5 Oh Media Works LLP, an organization which has Singh and his father Jugjeet Bhavnani as administrators, has purchased the house within the constructing which is underneath building after redevelopment. The deal has a customisation element whereby the builder will make the 4 flooring as per the preferences of the actor, the sources mentioned.
Queries despatched to Singh’s representatives didn’t elicit a response.
A stamp obligation of over Rs 7 crore has been paid for the transaction, which incorporates the acquisition of 11,266 sq ft house, an unique 1,300 sq ft terrace and 19 parking heaps, the sources mentioned. The per sq. ft value works out to round Rs 1 lakh.
The quadruplex is prone to function the first dwelling for Singh and his actor spouse Deepika Padukone. Sources mentioned they have been available in the market for almost three years now with a mandate to search for an impartial bungalow in Juhu and Bandra localities the place a variety of celebrities keep.
Final 12 months, the couple had purchased a second dwelling at Alibag for Rs 22 crore.
At current, Sagar Resham doesn’t boast of marquee names who will likely be neighbours of the star couple, sources added.
When contacted, actual property consultancy agency JLL India’s senior director and head (west) for residential providers, Ritesh Mehta, mentioned the value paid by the actor is as per the market development. A property at this location instructions a value of Rs 90,000-Rs 1.10 lakh per sq. ft.
Mehta additionally mentioned many builders have been shopping for previous bungalows within the sea-facing areas of Bandra and Juhu, hoping for a rest within the coastal regulation zone (CRZ) norms, which can result in provide of extra flats within the space within the occasions forward.
(Apart from the headline, this story has not been edited by NDTV workers and is printed from a syndicated feed.)
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