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Hindustan Times
19 hours ago
- Business
- Hindustan Times
Father's Day special: A look at high-value property deals between Bollywood father-son duos
This Father's Day, we look at real estate transactions within families, ranging from father-son to father-in-law and son-in-law deals, highlighting how property continues to be a key financial investment. Among the recent high-profile deals is the sale of three properties by Bollywood star Hrithik Roshan and his father Rakesh Roshan. Cricketer KL Rahul also made headlines with a property purchase involving his father-in-law, actor Suniel Shetty. In another case, Amitabh Bachchan and his son Abhishek Bachchan were part of a major bulk real estate investment, highlighting how family ties often play a key role in big-ticket property transactions. Hrithik Roshan and his father, Rakesh Roshan, recently sold three residential apartments for ₹6.75 crore in Mumbai's Andheri area, according to property registration documents reviewed by SquareYards. Documents showed that the three apartments measure close to 2,000 sq ft and have been sold in two different buildings. In the first transaction, Rakesh Roshan sold a 1,025 sq ft apartment in a building named Veejays Niwas CHS Limited in Andheri West. The property, along with two parking spaces, was sold to Sonali Ajmera for Rs. 3.75 crore. The transaction was registered on May 25, 2025 and involves a stamp duty payment of Rs. 18.75 lakh and registration charges of Rs. 30,000, documents show. In the second transaction, Rakesh Roshan sold a 625 sq ft apartment in a building named Raheja Classique in Andheri West for Rs. 2.20 crore to three individuals named Jeevan Bhavanani, Shilpa Wadhwani, and Gaurav Wadhwani. In the third transaction, Hrithik Roshan sold a 240 sq ft apartment in the same building, named Raheja Classique, in Andheri West, for ₹80 lakh to the same homebuyers as mentioned in the second transaction. According to data accessed by SquareYards, Amitabh Bachchan and his son Abhishek Bachchan acquired properties worth over ₹100 crore and measuring 27,000 sq ft over 2024. According to the data, in 2024, Amitabh Bachchan invested over ₹76 crore in the Mumbai real estate market, while Abhishek Bachchan invested over ₹30 crore. The father-son duo invested in the residential and commercial segments throughout the year. In June 2024, Abhishek Bachchan was in the news for purchasing six apartments for ₹15.42 crore in the Oberoi Sky City project by Oberoi Realty in Borivali area of Mumbai, according to the property registration documents accessed by According to property registration documents accessed by Square Yards, the father-son duo was in the news in October 2024 for purchasing 10 apartments worth ₹24.95 crore in Mumbai's Mulund area. The apartments were purchased in a project named Oberoi Eternia. Apart from the above investments in the Mumbai real estate market, in April 2024, Amitabh Bachchan bought a 10,000 sq ft land parcel in Alibaug for ₹10 crore from The House of Abhinandan Lodha (HoABL). In January 2024, he bought land from the same developer in Ayodhya in its project, The Sarayu, a 7-star mixed-use enclave coming up in the temple town. The land measured around 10,000 square feet and was purchased for ₹14.5 crore. Also Read: Amitabh Bachchan expands real estate portfolio in Ayodhya with 25,000 sq ft land purchase worth nearly ₹40 crore He expanded his real estate footprint in Ayodhya, home to the Ram Mandir, this year with the purchase of another land parcel recently, this time a 25,000 sq ft plot adjacent to The Sarayu, a luxury plotted development by Mumbai-based real estate firm The House of Abhinandan Lodha (HoABL) for around ₹40 crore. Suneil Shetty and his son Ahan Shetty were in the news for purchasing multiple properties in Mumbai. The duo purchased a 1,200-square feet property in Mumbai for ₹8.01 crore through a bank auction, property registration documents accessed through proptech platform Square Yards showed. According to the documents, the property is located in Khar West (Bandra) neighbourhood of the financial capital. It was a 'Sale Certificate' and the property was acquired by the father and son through a bank auction purchase, Square Yards said. In April this year, cricketer KL Rahul and his father-in-law Bollywood actor, Suniel Shetty, jointly acquired a seven acre land parcel in Owale at Thane West, near Mumbai, for Rs. 9.85 crore, according to property registration documents accessed by Square Yards. According to financial experts, joint property purchases among family members, whether between father and son, husband and wife, or any two individuals, can offer several advantages, particularly from a tax perspective. 'There are no exclusive tax benefits for a father and son buying property together, but there are general advantages,' an expert explains. 'One key benefit is that the property becomes a joint asset with shared liability, which can be strategically useful for tax planning.' In the event of the father's death, co-ownership also enables the son to automatically inherit the property without the need for probate or a will, making the process faster and legally simpler. Increasingly, families are opting for joint ownership to avoid future legal complications and streamline the inheritance process, the expert said. According to Aditya Zantye, a Mumbai-based chartered accountant, 'Whether it is a father-son duo or a husband and wife, any rental income generated from the property is considered joint income. This serves both a legal purpose and offers benefits from a taxation standpoint.'
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First Post
a day ago
- Entertainment
- First Post
Hrithik Roshan and Rakesh Roshan sell three residential apartments in Mumbai for Rs 6.75 crore- Report
The property registration documents have been reviewed by SquareYards. The apartments are located at Mumbai's Andheri area read more Hrithik Roshan and Rakesh Roshan have sold three residential apartments in Mumbai for Rs 6.75 crore as per reports. The property registration documents have been reviewed by SquareYards. The apartments are located at Mumbai's Andheri area. The filmmaker sold the first apartment in a building named Veejays Niwas CHS Limited in Andheri West for Rs 3.75 crore. The second apartment was located at Raheja Classique in Andheri West that was sold for Rs. 2.20 crore to three individuals named Jeevan Bhavanani, Shilpa Wadhwani, and Gaurav Wadhwani. STORY CONTINUES BELOW THIS AD Hrithik Roshan sold an apartment in the same building for Rs 80 lacs to the same buyers. And finally, the biggest update of the week or rather year has been shared by Hrithik Roshan . Krrish 4, which has been in the news for years, will finally see the day of light as the megastar himself will helm the superhero movie. Yes, you heard it right. Hrithik Roshan will make his directorial debut with Krrish 4 and the biggie will be jointly produced by Aditya Chopra's YRF and Rakesh Roshan's Filmkraft Productions. The first three installments - Koi Mil Gaya, Krrish and Krrish 3 were helmed by Rakesh Roshan. While Hrithik played dual roles of father-son Rohit and Krishna aka Krrish, Preity Zinda was the lead actress in the first part with Priyanka Chopra in the second. In third part, Kangana Ranaut also had a meaty role alongside Priyanka Chopra and Vivek Oberoi. Well, with the joint collaboration with YRF and Filmkraft, we expect Krrish 4 to be a big screen spectacle. On the work front, Hrithik will be next seen in War 2 alongside Jr NTR and Kiara Advani.
India.com
2 days ago
- Business
- India.com
Hrithik Roshan, Rakesh Roshan sell their three Mumbai apartments due to..., new owners are...
Hrithik Roshan and his father Rakesh Roshan recently sold three of their plots in Mumbai's Andheri area, according to property registration documents reviewed by SquareYards. The document further shows that the three apartments which have been sold measure close to 2,000 sq ft and have been sold in two different buildings. In the first transaction, director Rakesh Roshan sold a 1,025 sq ft apartment located in a building named Veejays Niwas CHS Limited. The property was sold for Rs. 3.75 crore to Sonali Ajemera. It also has two parking spaces. The transaction for the property was registered on May 25, which also involved stamp duty payment of Rs. 18.75 lakh and registration charges of Rs. 30,000, documents show. In the second transaction, Rakesh Roshan sold his apartment in a building named Raheja Classique in Andheri West, which was 625 sq ft, and it was sold for Rs. 2.20 crore to three people named Jeevan Bhavanani, Shilpa Wadhwani, and Gaurav Wadhwani. This transaction was done on May 17. The stamp duty for this property was Rs. 13.20 lakh and registration charges of Rs. 30,000 were paid for it. The third property was sold by Hrithik Roshan. It was a 240 sq ft apartment in the same building. The property was sold for Rs. 80 lakh to the same homebuyers mentioned above in the second transaction. Further, the stamp duty for this property was Rs. 4.80 lakh and registration charges of Rs. 30,000. The father-son duo took this step to strengthen their real estate portfolio.
Pink Villa
3 days ago
- Entertainment
- Pink Villa
Hrithik Roshan and Rakesh Roshan sell their Mumbai properties, 240 sq ft apartment transaction done for Rs 80 lakh
Bollywood actor Hrithik Roshan and his father and producer-director Rakesh Roshan are currently grabbing the headlines. The duo recently sold their three apartments in Mumbai's Andheri West, raking in a total of Rs 6.75 crore. For a 240 sq ft apartment, a transaction was done for Rs 80 lakh. As per property registration documents reviewed by SquareYards, the three flats were located in two different buildings. Hrithik Roshan sold a compact 240 sq ft apartment in Raheja Classique for Rs 80 lakh. The deal was registered on May 17, incurring Rs 4.80 lakh in stamp duty and Rs 30,000 in registration costs. Meanwhile, his father Rakesh Roshan also sold two of his properties in Mumbai's Andheri West. One of them, a 1,025 sq ft flat located in Veejays Niwas CHS Limited, was sold to Sonali Ajmera for a whopping amount of 3.75 crore. The deal was officially recorded on May 25, with Rs 18.75 lakh paid in stamp duty and Rs 30,000 in registration fees, as per the report. Apart from this, he also sold an apartment of 625 sq ft in Raheja Classique, also in Andheri West. This property was purchased by three buyers for Rs 2.20 crore. The sale was finalized on May 17 and included a stamp duty of Rs 13.20 lakh and the same Rs 30,000 as registration charges. Meanwhile, on the work front, Hrithik Roshan will next be seen reprising his role of Major Kabir Dhaliwal in the upcoming actioner, War 2. Well, not just this, he also has the much-awaited film Krrish 4 in his lineup. Earlier, while talking exclusively to Pinkvilla, Rakesh Roshan confirmed the same and said, 'I am passing the baton of the director of Krrish 4 to my son, Hrithik Roshan, who has lived, breathed, and dreamt about this franchise since its inception with me.' He further revealed that Aditya Chopra will step in as the producer.
Time of India
3 days ago
- Entertainment
- Time of India
Hrithik Roshan and Rakesh Roshan cashes in on real estate; sells properties worth Rs 6.75 crore
Hrithik Roshan and his father, Rakesh Roshan, have been actively involved in real estate transactions in Mumbai. Rakesh Roshan sold two apartments in Andheri West for a total of Rs 5.95 crore. Hrithik Roshan leased a commercial space in Goregaon and renewed his office lease in Pune, showcasing their diverse property dealings alongside Hrithik's upcoming film projects. Bollywood's beloved father-son duo, Hrithik and Rakesh Roshan , aren't just making moves on the big screen—they're making headlines in the real estate market too. While Hrithik gears up for the much-awaited War 2 and his directorial debut Krrish 4, the Roshans have quietly wrapped up a string of high-value property transactions in Mumbai worth Rs 6.75 crore, according to recently accessed documents. Details of the property sale by Hrithik Roshan and his father Rakesh Roshan were revealed in property registration documents reviewed by SquareYards. Rakesh Roshan sold a 1,025 sq ft apartment in Veejays Niwas CHS Limited, Andheri West, to Sonali Ajmera for Rs 3.75 crore. The deal was registered on May 25, with a stamp duty of Rs 18.75 lakh and registration charges of Rs 30,000. In a second deal, Rakesh Roshan sold a 625 sq ft apartment in Raheja Classique, Andheri West, for Rs 2.20 crore to three buyers. The transaction was registered on May 17, with a stamp duty of Rs 13.20 lakh and registration charges of Rs 30,000. Earlier this year, Hrithik Roshan made headlines for his real estate moves in Mumbai and Pune. In January 2025, he leased out a 2,727 sq ft commercial space in Goregaon, Mumbai, for a monthly rent of Rs 5.62 lakh. Hrithik Roshan also renewed the lease for his office space in Pune's Kharadi at a monthly rent of Rs 6.08 lakh. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Free P2,000 GCash eGift UnionBank Credit Card Apply Now Undo As per property documents accessed by CRE Matrix in February 2025, the space spans 9,209 sq ft. On the work front, Hrithik will soon be seen in Ayan Mukerji's War 2 along with JR NTR and Kiara Advani in the lead roles. The teaser of the movie has aready raised the anticipation levels amongst his fans. Apart from that, the actor also has Krrish 4 in his pipeline. He will also be marking his directorial debut with it.
