Team Opulnz Abode: 21-01-2025, 15:25: Read Time – 1mins
Bollywood megastar Amitabh Bachchan has sold his opulent duplex apartment in The Atlantis, Oshiwara, for a staggering ₹83 crore. This marks an impressive 168% return on investment, as Bachchan originally purchased the property for ₹31 crore in April 2021. The transaction was registered in January 2025, reflecting the ongoing boom in Mumbai’s luxury real estate market.
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The Atlantis: A Premium Address in Oshiwara
The Atlantis, developed by Crystal Group, is a prestigious residential project spread over 1.55 acres in Oshiwara, Mumbai. Known for its modern amenities and strategic location, it offers a selection of 4, 5, and 6 BHK apartments.
Key details of Bachchan’s former property include:
- Built-Up Area: 529.94 sqm (~5,704 sq ft)
- Carpet Area: 481.75 sqm (~5,185.62 sq ft)
- Terrace Area: 445.93 sqm (~4,800 sq ft)
- Parking: Six mechanized car parking spaces
- Transaction Stamp Duty: ₹4.98 crore
- Registration Charges: ₹30,000
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A High-Value Investment
Bachchan’s ₹83 crore sale of the duplex apartment showcases a remarkable appreciation in value within just three and a half years, underscoring the lucrative potential of Mumbai’s luxury real estate market. In November 2021, the property was rented to actress Kriti Sanon for ₹10 lakh per month, with a ₹60 lakh security deposit.
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Why Oshiwara Is a Real Estate Hotspot
Oshiwara, located in western Mumbai, has become a sought-after address due to its vibrant lifestyle, excellent connectivity, and modern infrastructure. Key highlights of the area include:
- Proximity to Lokhandwala Complex: Known for its upscale residences and lifestyle amenities.
- Connectivity: Well-connected by major roads and the Mumbai Metro, ensuring ease of access to key city areas.
- Urban Convenience: A mix of luxury developments, premium dining options, and entertainment hubs, offering a holistic urban lifestyle.
