Filmmaker-actor R Madhavan, known for his role in the horror thriller “Shaitaan” alongside Ajay Devgn and Jyothika, has recently made headlines with his latest real estate purchase. Madhavan has acquired a luxurious apartment in Mumbai’s prestigious Bandra Kurla Complex (BKC) for approximately Rs 17.5 crore.
Financial Breakdown
According to reports from Hindustan Times, The Times of India, and other sources, Madhavan’s acquisition comes with additional financial obligations. The actor paid a stamp duty of Rs 1.05 crore and a registration fee of Rs 30,000 to finalize the transaction on July 22, 2024.
Property Specifications
The new property, spanning 4,182 square feet, is situated in the Signia Pearl, a premium residential tower in BKC. The purchase also includes two parking spaces, adding to the convenience and luxury of the residence.
About Signia Pearl – Luxurious Living
Signia Pearl, developed by Sunteck Realty Limited, is a high-end residential tower offering ultra-luxurious 4 and 5 BHK apartments. The design features Venetian Suites, characterized by interior walls that seamlessly disappear to create an extended canvas of interconnected living areas, optimizing the living space.
Amenities
The property boasts an array of top-notch amenities, including:
- A massive indoor pool
- A state-of-the-art gym and other fitness facilities
- An amphitheatre
- Squash courts
- A separate kids’ playing area
- A cricket pitch
These facilities contribute to the opulent lifestyle that residents of Signia Pearl enjoy.
Estimated Net Worth
According to DNA and publicly available data, R Madhavan’s estimated net worth is around Rs 115 crore. His real estate portfolio is equally impressive, featuring a home in Chennai valued at approximately Rs 18 crore and several commercial properties across the country.
Additional Properties
News18 reports that Madhavan also owns a sea-facing house in Mumbai, as confirmed by Housing.com.
Madhavan’s Other Luxurious Possessions
The Yacht
Earlier this year, in a conversation with YouTuber Ranveer Allahbadia, Madhavan revealed his purchase of a yacht, which he described as his second most expensive possession after his house. He shared, “Apart from that house, the most expensive thing I got was a yacht. I bought it because I always wanted to take a captain’s licence and during Covid I had nothing to do so I gave my exam and it took me six months. So, now I am a licensed captain who can sail a 40-foot yacht or a boat and just to scratch that off my bucket list, I bought the yacht and I enjoy it thoroughly.”