Amitabh Bachchan, famous as the megastar of Bollywood, is among the richest actors of the country. In his illustrious career spanning decades, he has earned a lot and created many wonderful properties from it. He owns many luxurious properties in Mumbai alone, one of which he has recently gifted to his daughter.
Many properties of Bachchan family in Juhu
The bungalow gifted by Amitabh Bachchan to daughter Shweta Nanda is located in Juhu locality of Mumbai and is famous by the name Pratiksha. Bachchan family has other bungalows in Juhu area also. The Jalsa bungalow where Amitabh Bachchan currently lives with his family is also in Juhu area. Apart from Pratiksha and Jalsa, the Bachchan family also has Janak Bungalow.
Pratiksha Bungalow is famous
Talking about Pratiksha Bungalow, its ownership has now been transferred to the name of Shweta Nanda. The property has been transferred through two separate gift deeds. Actually, Pratiksha Bungalow is built on two plots adjacent to each other. For this reason, two separate deeds were required to transfer the bungalow. This bungalow is quite famous for its grandeur.
This is the value of Pratiksha Bungalow
Pratiksha Bungalow is spread over an area of 16,840 square feet. For this, after the gift deed was done on 8th November, the property was registered in the name of Shweta the next day. For this, Bachchan family paid stamp duty of Rs 50.65 lakh. The value of the bungalow has been shown in the transfer deed as Rs 50.63 crore.
This resulted in an expense of Rs 50 lakh
According to local property rules in Mumbai, if a father gifts a residential property to his daughter or son, he has to pay 1 percent metro cess in addition to the stamp duty of Rs 200. This is the reason why the Bachchan family had to pay a little more than Rs 50 lakh for gifting a property worth more than Rs 50 crore.
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