Amitabh Bachchan acquires fourth property in Ayodhya, buys 25,000 sq ft plot for Rs 40 crore: Report

Amitabh Bachchan’s investment spree in Ayodhya continues, with the legendary actor acquiring his fourth property in the temple town. According to a report by Hindustan Times, the actor recently bought a 25,000 square feet plot for a staggering Rs 40 crore.

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The land is said to be located near the high-end ‘Sarayu’ real estate project, in which Bachchan had previously invested Rs 14.5 crore.This latest purchase follows his recent Rs 20 crore investment (Rs 10 crore each) in a real estate firm owned by Bollywood producer Anand Pandit. Bachchan appears to be diversifying his real estate holdings strategically, particularly in Ayodhya, which has seen a massive infrastructure and tourism boom following the Ram Temple development.

From family memorials to high-value dealsBachchan’s investments in Ayodhya began last year when he bought a 5,372 square feet plot for Rs 4.54 crore just before the Ram Temple inauguration. Additionally, the actor registered a 54,000 square feet land parcel under his father Harivansh Rai Bachchan’s trust. Reports indicate he intends to build a memorial for his father on that land, a deeply personal tribute amidst his business expansions.Speaking of his emotional connect, a source close to the development said, “It’s not just about returns. Mr Bachchan has expressed his admiration for Ayodhya’s cultural and spiritual significance.”

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From Ayodhya to Andheri: A booming real estate chapterWhile Ayodhya dominates headlines, Bachchan’s real estate moves span beyond the city. In Mumbai, the actor recently made headlines for selling a duplex apartment in Andheri for Rs 83 crore, a property he had purchased in 2021 for Rs 31 crore, effectively more than doubling his investment in just three years.

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In 2023, he and his son Abhishek Bachchan jointly purchased 10 apartments, reportedly worth Rs 25 crore in total. The family’s growing real estate footprint reflects a calculated strategy.Jaya Bachchan’s affidavit reveals massive family wealthActor and Rajya Sabha MP Jaya Bachchan’s election affidavit last year gave the public a rare glimpse into the Bachchan family’s net worth. As per the declaration, the couple’s total assets were valued at Rs 1,578 crore, including Rs 849.11 crore in movable assets and Rs 729.77 crore in immovable property. Given the actor’s continued property acquisitions and sales, those figures are likely higher now.

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TOI Entertainment Desk

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