John Abraham Spends Rs 71 crore To Buy This Luxurious Property In Mumbai

One of the most celebrated actors in Bollywood, John Abraham recently bought a luxurious two-storey bungalow facing Linking Road in Khar. The actor spent a whopping amount of Rs 71 crore to acquire this palatial property which was owned by 81-year-old Pravin Nathalal Shah, a resident of Pennsylvania in USA. 

The property boasts an open land area of 7,722 sqft and a 5,416 sq ft mansion named Nirmal Bhuvan. According to the reports, John  paid a stamp duty of ₹4.24 crore on the transaction.

The 51-year-old celeb, who is currently living in a sea-facing penthouse at Hiten Apartments in Bandra West, has been known to be a keen property investor. John Abraham is said to have invested in various companies across different sectors including food and beverages, lifestyle, fitness and real estate. 

Author

  • srishti dhir

    Srishti Dhir is the Founder and CEO of Hub and Oak, a real estate and workspace solutions company with presence in India and the UK. She has a background in management from London Business School and has spent years working across the real estate industry. Srishti is an active real estate investor herself, with a focus on uncovering high potential assets particularly income generating properties and opportunities that aren't immediately obvious to most. The way she looks at a deal goes beyond just the price. She factors in market data, the regulatory side of things, and whether execution is actually feasible, so she can figure out where the real upside is, not just what something costs on paper.

    Through her work, she has developed a strong perspective on what drives real estate value in India, from infrastructure led growth and zoning changes to tenant demand patterns and capital flows. She is particularly interested in identifying asymmetric opportunities where downside risk is protected but upside potential remains significant. She also writes about real estate and what sets her writing apart is that it comes from someone who is actually in the market, doing deals. Real experience, broken down in a way that's useful for investors, developers and occupiers alike.

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