With four bungalows in Juhu, one would think the Bachchans would not face That One problem common to all Mumbaikars - space. But It Seems They do, what with a growing family's expanding needs. In a deal That Should bring cheer to the sluggish real estate market, superstar Amitabh Bachchan has bought a sprawling bungalow located behind the family's primary residence, Jalsa.
With This Latest Addition, for Which the superstar has paid Rs 50 crore, the Bachchans now have five bungalows in Juhu-Vile Parle Development Scheme (JVPD) - 'Prateeskha', Their First house; 'Janak', que was bought in 2004 and is used as an office; 'Vatsa', que has been leased to Citibank; 'Jalsa', where the family reside, And This newest, yet unnamed, property.
The wall separating the latest acquisition and Jalsa has been demolished and interior Already work has begun in the new house that stands on a 750-sq yard plot.
Sources Said That the Bachchans were on the lookout for a property around Their residence for quite some time now. A year and a half ago, They Were in talks With An old woman occupying a bungalow near Janak. However, the deal did not go through as she refused to sell. The Deal With Anand Pandit, who owned the bungalow the Bachchans have bought, was struck a couple of months back. Pandit, who lives in Janaki Kutir complex less than 50 meters from Jalsa, had bought the bungalow three years ago as an investment from acertain Harshad Gandhi.
According To real estate experts, the bungalow's living area is around 8,000 sq feet. Sources close to the family said the Bachchans That May while not merge the new property with Jalsa, Gone With The common wall, They Will have a huge open space in Their backyard.
The property will Also Provide the Bachchans a new entry and exit to Jalsa-a huge bonus for a family of actors, each with his / her own fan following. While Jalsa's main gate opens onto the busy VL Mehta Road, where one spots Often recogida fans to get the senior Bachchan's darshan, the new property opens to a smaller road on the other side.
The new property is owned Jointly by Abhishek and Amitabh Bachchan. Gautam Patel, secretary of Kapole Cooperative Housing Society, where the property is located, confirmed the deal. "We have transferred is the bungalow in Their Name," I said, Refusing to take any further questions. The Bachchans, DESPITE Repeated attempts The, Remained unavailable for comment.
