In a poignant gesture of familial love, Bollywood icon Amitabh Bachchan has recently gifted his cherished bungalow, Prateeksha, located in Juhu, Mumbai, to his daughter, Shweta Nanda. The property spans two plots, measuring 890.47 sq m and 674 sq m, and holds significant sentimental value for the Bachchan family.
The gift deed, executed on November 8, showcased the actor’s commitment to family bonds, with a stamp duty of Rs 50.65 lakh completing the heartfelt transaction.
Prateeksha, steeped in nostalgia, was the actor’s first bungalow in Juhu, where he resided with his parents, poet Harivansh Rai Bachchan and mother Teji. The name, bestowed by his father, holds a special place in the family’s history, as echoed in the elder Bachchan’s poem, emphasizing a welcoming atmosphere devoid of waiting for anyone.
Adding to Amitabh Bachchan’s real estate endeavors, earlier this year, he invested in four units on the 21st floor of a commercial complex in Andheri, Mumbai, each priced at Rs 7.18 crore. The strategic move aligns with the trend among Bollywood stars, opting for commercial properties due to the favorable annual rental yield in the market.
In 2022, the legendary actor also divested a South Delhi property named ‘Sopaan,’ where his parents once resided, for Rs 23 crore. The sentimental sale saw the property acquired by Avni Bader, CEO of Nezone group of companies, a longtime acquaintance of the Bachchan family.
Beyond his recent real estate transactions, Amitabh Bachchan continues to invest strategically, including a purchase of a 5,184 sq ft property in Mumbai’s Atlantis project in December 2020. Shrewdly leveraging the Maharashtra government’s stamp duty waiver, he registered the property in April 2021.
Amitabh Bachchan’s cinematic legacy is unparalleled, with a filmography spanning over four decades, marked by iconic roles in classics such as Sholay, Deewar, and Zanjeer. His indelible impact on Indian cinema and his ability to reinvent himself has solidified his position as a true Bollywood legend.
Shweta Bachchan’s Life and Family:
Amitabh Bachchan’s daughter, Shweta Bachchan Nanda, is a multifaceted individual, excelling in various fields. An accomplished author, columnist, former model, and entrepreneur, Shweta authored the bestselling novel ‘Paradise Towers.’ Beyond her professional achievements, Shweta is deeply rooted in family life, being a loving daughter and sister. She is married to businessman Nikhil Nanda, and together they have two children, Navya Naveli Nanda and Agastya Nanda. Shweta’s life reflects a harmonious blend of creativity, business acumen, and the nurturing of strong family ties.
