Bollywood actor Amitabh Bachchan has purchased a duplex residence in Mumbai’s Andheri suburb for Rs 31 crore. Spread over 5,184 sq. toes in an under-construction challenge, Atlantis, the deal was finalised in December and the registration was accomplished lately. The Bollywood actor took benefit of the Maharashtra authorities’s announcement of stamp responsibility waiver of two p.c till March 31, 2021. The deal drew a stamp responsibility of Rs. 62 lakh, 2 p.c of Rs 31 crore. The duplex residence is situated on the twenty seventh and twenty eighth ground and comes with 6 automobile parks.
According to a Money Control report, the per sq. toes worth of the property in the world shall be round Rs. 60,000 sq ft.
The ongoing COVID-19 pandemic has given a large enhance to the sale of luxurious flats. And a whole lot of celebrities, businessmen, skilled CXOs have made essentially the most out of it. Both COVID-19-led worth correction and stamp responsibility correction have assisted them in a straightforward buy.
On August 26, the Maharashtra authorities introduced to briefly scale back stamp responsibility on housing actual property from 5 p.c to 2 p.c till December 31, 2020. The step was taken to spice up the actual property market, which was stagnant for lengthy, and had been adversely hit by COVID-19. Stamp responsibility remained 3 p.c from January 1, 2021, to March 31.
After March 31, 2021, the Maharashtra authorities determined to not additional lengthen the waiver on property registrations. And additional stored the Ready Reckoner Rates uninterrupted for the monetary yr 2021-22.
Along with Bachchan, a number of celebrities together with actress Sunny Leone, Bollywood director, and producer Aanand L Rai have taken the benefit of the stamp responsibility wavier.
In the identical challenge, Leone had registered an residence on the twelfth ground for which the actress had paid Rs 16 crore on March 28.
Director-producer of romantic-comedy movies, together with Tanu Weds Manu and Zero, Aanand L Rai has additionally bought a duplex residence in the identical challenge. Rai has purchased the duplex for Rs. 25.3 crore. The housing models are situated on the twenty seventh and twenty eighth ground, with every unit of 5,761 sq ft. It comes with 5 mechanised automobile parking slots.
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