Legacy of Love:
Legendary Actor Amitabh Bachchan has gifted his property situated in Juhu to his daughter Shweta Bachchan. The property is a bungalow named Prateeksha situated in Vitthal Nagar Co-operative Housing Society. The Bachchan family is known to own three bungalows in the locality, and this is said to be Mr. Bachchan’s first property in Mumbai. This signifies that Prateeksha holds a significant importance to the family and is believed to be very special for Mr. Bachchan.
Prateeksha is spread across two plots. The size of the plots are 890.47 square meters and 674 square metres which is collectively 1564 square meters (approx. 16835 square feet). The bigger plot of 890.47 sq. metres is owned by Amitabh Bachchan and his wife Jaya Bachchan while the smaller plot of 674 sq. metres is owned solely by Amitabh Bachchan.
Interestingly, to understand in a layman language, let’s consider the average size of a 3BHK is around 925 square feet (sq. Ft.) in Mumbai, the size of the plot where Prateeksha Bunglow is built, equals to approximately 18-3BHK apartments.
The bungalow Prateeksha is valued at more than Rs. 50.63 crores. Superstar Amitabh Bachchan gifted the said property to his daughter Shweta Bachchan Nanda registering two different gift deeds by paying required stamp duty. As per some reports, Mr. Bachchan executed the transfer on November 09, 2023. He didn’t just sign papers, he stamped his commitment with a noteworthy 50.65 lakh as stamp duty, a true testament to the value of this real estate exchange.
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