Bollywood Star John Abraham’s Lavish Purchase: A Rs 70.83 Crore Luxurious Abode in Khar, Mumbai
Mumbai, 3rd January 2024: John Abraham, the heartthrob of Bollywood, has expanded his real estate portfolio with the recent acquisition of an expansive bungalow in the prestigious Khar Credit area of Mumbai.
Covering an impressive 5,416 sqft, the property also includes a spacious land parcel of 7,722 sqft, and was procured for a whopping sum of Rs 70.83 crore. The transaction was officially recorded on December 27, 2023, accompanied by a stamp duty payment of Rs 4.24 crore.
Nestled along the famed Linking Road in Khar, one of Mumbai’s premier retail high streets, the newly acquired bungalow positions Abraham amidst vibrant surroundings, including renowned educational institutions.
In a city where vertical living is the norm due to space constraints, Abraham’s choice of a horizontal property distinguishes him in the Bollywood fraternity, where high-rise apartments are the prevalent choice among contemporary stars.
Regarding the purchase, a spokesperson for Abraham shared, “John Abraham is elated to call this prestigious property his new home. The unique allure of the Khar area, coupled with the convenience of Linking Road, made it an irresistible choice for him. The actor looks forward to crafting lasting memories in his new abode.”
As one of Mumbai’s most sought-after residential areas, Khar boasts a per square foot price range of Rs 40,000 to 90,000, with variations based on specific location and property grade, as confirmed by local real estate experts.
