Kajol Bought Office Property Worth Rs. 7.64 Crore In Mumbai??
Written by gokul krishnan Published on Aug 29, 2023 | 20:52 PM IST | 100
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Kajol Devgan, the renowned yesteryear Bollywood star, has recently ventured into the world of digital entertainment with her OTT debut in the series ‘The Trial’. This Hindi adaptation of the popular Hollywood show ‘The Good Wife’ has not only brought her newfound fame but has also garnered immense appreciation from audiences and critics alike. Riding on this success, Kajol has made headlines once again, this time in the real estate sector. She recently acquired a lavish office space in Mumbai, a strategic move that reflects both her business acumen and her commitment to expanding her professional ventures.
Reports from Propstack, a reputable real estate information platform, confirm that Kajol purchased the office property just last month. Valued at an impressive Rs. 7.64 crores, the office spans over 194.67 square meters, adhering to the regulations set by the Real Estate Regulatory Authority. The prime location of this office space on Veera Desai Road in Andheri West, a prominent suburb in Mumbai, adds to its allure. Notably, this area is a hotspot for many Bollywood actors, filmmakers, production houses, and studios, making it a fitting choice for Kajol’s new workspace.
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Interestingly, Kajol’s husband and accomplished actor, Ajay Devgn, has also shown a strong inclination towards real estate investments. Earlier this year, he made significant acquisitions, securing five office units spanning an expansive 13,293 square feet. Meanwhile, Kajol made her own mark by acquiring a luxurious apartment. The couple’s propensity for real estate investments is indicative of their financial shrewdness and a desire to diversify their portfolio.
Notably, Ajay Devgn’s interests extend beyond Mumbai’s real estate market. He has embarked on the ambitious journey of investing in and redeveloping a cinema chain named NY. This chain is set to flourish in cities such as Lucknow, Ahmedabad, and the North East region of India. Media reports suggest that Ajay’s investments in three office units amount to Rs. 3.35 crores, while the remaining two units carry a hefty price tag of Rs. 14.74 crores.
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In the case of Kajol’s recent property acquisitions, her new apartment purchase reportedly costs a staggering Rs. 16.5 crores, reflecting the couple’s capacity to indulge in luxury while maintaining a savvy investment approach.
While their real estate ventures are garnering attention, the Devgan power couple remains active in the entertainment industry. Kajol’s appearance in ‘The Trial’ has marked her foray into the digital realm, opening doors to a whole new audience. Her performance has been met with widespread acclaim, further cementing her position as a versatile and talented actor. Not one to rest on her laurels, Kajol is gearing up for her next on-screen venture, a Netflix film titled ‘Do Patti’, which is anticipated to captivate audiences once again.
On the other hand, Ajay Devgn has displayed his multifaceted talents not only as an actor but also as a director. His directorial venture, ‘Bholaa’, has already made its mark, showcasing his prowess behind the camera. Additionally, his presence is eagerly awaited in the upcoming film ‘Maidaan’, directed by Amit Sharma.
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The Devgans’ recent investment spree seems to be fueled by the successes of their artistic endeavors. The profits garnered from their cinematic works have evidently empowered them to diversify their investment portfolio, ensuring a secure financial future. As the couple continues to expand their horizons, their strategic real estate moves are a testament to their determination and vision.
Here is the tweet below:
As per reports, #Kajol purchased office property worth 7.64 crore in Mumbai.✨ pic.twitter.com/TozdNyZBRU
— Filmfare (@filmfare) August 29, 2023
Kajol Devgan’s journey from the entertainment industry to the realm of real estate is a testament to her dynamism and entrepreneurial spirit. Her latest office space acquisition in Mumbai’s prime locality and her husband Ajay Devgn’s strategic investments reflect their astute financial planning. As they balance their on-screen ventures with real estate pursuits, the power couple sets a compelling example of holistic success in the dynamic world of Bollywood and beyond.
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