This new house in Ranveer overlooks the sea. The actor has bought the 16th, 17th, 18th and 19th floors of ‘Sagar Resham’, a building in Bandstand, which is located between Shah Rukh Khan’s bungalow ‘Mannat’ and Salman Khan’s Galaxy Apartments.
Actor Ranveer Singh has bought a spacious apartment in the suburbs of Bandra for Rs 119 crore in one of the largest residential apartments in the country. This new house in Ranveer overlooks the sea. The actor has bought the 16th, 17th, 18th and 19th floors of ‘Sagar Resham’, a building in Bandstand, which is located between Shah Rukh Khan’s bungalow ‘Mannat’ and Salman Khan’s Galaxy Apartments. As directors of Oh Five Oh Media Works LLP Company, Singh and his father Jugjit Bhavnani have purchased an apartment in the building, which is under renovation.
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Sources said it has been agreed in the deal that the developer will build four floors of the actor’s choice. Inquiries sent to Singh’s representatives did not elicit an answer. Sources said a stamp duty of over Rs 7 crore has been paid for the transaction, which includes the purchase of 11,266 sq ft of space, a special 1,300 sq ft terrace and 19 parking spaces. The price per. square foot is around Rs a lakh. There is a possibility that this quadruplex will be the main house for Singh and his actress Deepika Padukone.
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Sources said they were looking for an independent bungalow in the Juhu and Bandra areas, where many celebrities live, for almost three years. Last year, the couple bought another house in Alibaug for Rs 22 crore. Sources said that ‘Sagar Resham’ does not currently have such big names as will be neighbors of the star couple. When contacted, Ritesh Mehta, senior director and head (west) of housing services, real estate consulting firm JLL India, said the amount the actress has paid is in line with market trends. The price of a property on this site ranges from Rs 90,000 to Rs 1.10 lakh per sq ft.
Disclaimer:Prabhasakshi has not edited this news. This news has been published from the PTI language feed.