Bollywood star John Abraham has recently acquired a lavish bungalow in Mumbai’s sought-after Khar area, with a hefty price tag of Rs 70.83 crore. Spanning an impressive 5,416 sqft, the property is situated on a 7,722 sqft plot of land. The transaction, officially registered on December 27, 2023, was revealed through property registration documents obtained by IndexTap.com. John paid a stamp duty of Rs 4.24 crore for the luxurious abode located on Linking Road in Khar, a bustling retail hub in Mumbai.
Khar, known for its commercial significance and proximity to educational institutions, offers a vibrant living experience. Despite the prevalent trend among Bollywood celebrities favoring vertical living in high-end apartments due to space constraints, horizontal properties like bungalows are often owned by industry veterans. The residential real estate in Khar commands a per sqft price ranging between Rs 40,000 to 90,000, according to information sourced from the website.
