Bollywood actor Ronit Roy has purchased a sea-view luxury apartment in Versova locality of Mumbai’s western suburb Andheri for nearly Rs 19 crore from realty developer Macrotech Developers.
Roy has acquired the apartment spread over 4,259 sq ft on the 20th floor of the upcoming tower along with his wife Neelam.
As part of the transaction, the buyer will get exclusive access to four car parking slots in the tower. He has paid stamp duty of nearly Rs 1.14 crore for the registration of the deal that took place on June 10, showed documents accessed through IndexTap.com.
The under-construction project with ground plus 29 story structure is scheduled to be completed and delivered by December 2026.
Real estate continues to be a top investment choice for high net-worth individuals. Bollywood celebrities have been actively acquiring properties, recognizing the value of these assets not just for personal use but also as an attractive investment opportunity that can contribute to their growing wealth portfolios.
Several prominent personalities from Bollywood, including actors, producers, and directors such as Amitabh Bachchan, Shahrukh Khan, Shilpa Shetty, Akshay Kumar, Abhishek Bachchan, and Aishwarya Rai, have actively invested in various real estate ventures.
The Indian residential real estate market hit an 11-year sales high in the first half of 2024, supported by stable economic conditions and market confidence despite higher mortgage rates.
Mumbai, the largest and most expensive property market, spearheaded this upward trend, consistently breaking records with over 10,000 property registrations each month in the first half of 2024. It also saw year-on-year growth in registrations for 11 consecutive months since August 2023.
