Bollywood stars are known for their extravagant lifestyle, expensive homes, and celebrity investments. According to the experts, celebrities have been the front-page headliners recently about land investment. From Alibaug to Ayodhya, Bollywood Stars Land Investments 2024 for a personal edifice or as a strategic financial move.
Why are Bollywood Superstars Investing in Land Parcel Lots?
While the crème de la crème of Bollywood has been aggressively investing in real estate for decades, commercial properties have cornered most of their attention so far. This year, 2024, however, has seen land parcels become a hot asset class. Experts opine that land gives better avenues for appreciation over time and adds stability to an investment portfolio. Given the steadily growing prices of land in India, particularly in hotspots like Alibaug and Ayodhya, many Bollywood celebrities are also breaking into the market.
Bollywood Actress Kriti Sanon buys in Alibaug
She is no other but Bollywood actress Kriti Sanon, who recently made headlines after she purchased a 2,000-square-foot plot in Alibaug. The popular second-home destination near Mumbai, a land parcel by The House of Abhinandan Lodha named Sol de Alibaug, will host the property of the actress. “I was pretty clear about what I was looking for—peace, privacy, and a great investment addition to my portfolio,” said Kriti while sharing her thoughts on the deal.
The beaches are serene and quiet, the greens are lush, and it’s located near Mumbai, making this everyone’s favourite among celebrities. That the place is becoming popular purchases land here, a good return in the long term. Sanon’s choice forms part of a larger movement among Bollywood stars opting for serene retreats while ensuring financial asset security.
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Bollywood Superstar Amitabh Bachchan Real Estate Portfolio
Bollywood Superstar Amitabh Bachchan invests in more real estate properties Amitabh Bachchan, one of the icons who redefined Bollywood, has also been investing in land. He, earlier this year, acquired a 10,000-square-foot plot in the same Sol de Alibaug project that is quoted at around ₹10 crores. Bachchan, who has made it a tradition to invest in real estate, had bought land at Ayodhya as well.
The Ayodhya land is part of another high-profile project by The House of Abhinandan Lodha. He has an Ayodhya plot worth ₹14.5 crore that falls under The Sarayu, a 7-star mixed-use enclave wherein he is developing a 10,000 sq ft home.
The several investments in the land show that Bachchan believes in the land as a solid asset for wealth creation in the long run. With his high financial acumen, it would not be surprising that he increases his real estate portfolio in prime locations. Such purchases reflect his liking and the increasing trend of Bollywood stars choosing land over other investments.
Suhana Khan Steps into Her Father Shah Rukh Khan Shoes
The actress who was joined by the land investors’ league of Bollywood, Suhana Khan, daughter of Shah Rukh Khan bought a farm land in Thal village in Alibaug for ₹9.5 crore back in February 2024. The Khan family has a long association with the locality as Shah Rukh Khan already owns a sea-facing property here, boasting a swimming pool and helipad upon which he hosts his mega Bollywood parties.
This is not the first big investment Suhana made last year. She had bought an agricultural plot in Raigad district’s Alibaug, measuring 1.5 acres, for ₹12.91 crore. The present generation of Bollywood stars like Suhana are increasingly making big money from investments in the purchase of land. A safe, long-term future and wealth amassed through these very properties will ensure for them that sort of financial security and growth.
Deepinder Goyal Foray into Land Investment
While Bollywood stars take the lead, they are not alone in the land investment bandwagon. Deepinder Goyal, founder, and CEO of Zomato made headlines this year while purchasing two expansive land parcels amounting to about 5 acres in Mehrauli Tehsil, New Delhi for ₹79 crores. This huge investment clearly brings out the fact that entrepreneurs and business leaders now realize the value of land as an asset class.
Always, land appreciates a lot and gives security along with long-term wealth creation. High-net-worth individuals, such as Goyal, look toward this option as some of the following trends in land price appreciation are likely to bring more investors into the prime land parcels.
Why Land Parcels Are a Smart Investment Choice
Experts say land plots are becoming the hottest investment for celebrities and entrepreneurs because they can promise to amass wealth in the long run. A commercial or residential property does not require a lot of maintenance, and therefore land can easily appreciate to humongous extents and is fetching new heights in Alibaug and Ayodhya.
The landed investments for the Bollywood stars are therefore a personal retreat, as they retire from the thick and heavy Mumbai bustle, but have the additional advantage of financial assets. The trend to invest in land thus forms a strategic approach on the part of celebrities to diversify their portfolio for good time financial security.
Conclusion
Recent land investments by Bollywood stars, including the likes of Kriti Sanon, Amitabh Bachchan, and Suhana Khan, reflect a growing desire for the security of land as a valuable asset. This is more so if it’s for personal use or a long-term investment through which such celebrities tend to diversify their portfolios or make some lasting wealth. The more business leaders and stars do this in the years to come, so shall investments in lands remain an attractive proposition in the future.
