Popular actress Tamannaah Bhatia recently made headlines with her major real estate dealings in Mumbai. According to reports, the actress has secured a prime office space in one of the city’s most affluent areas and has also mortgaged several properties. These strategic moves indicate her keen interest in expanding her real estate portfolio.
Leasing a Prime Commercial Property in Juhu Tara
Tamannaah Bhatia has reportedly leased a sprawling 6,065-square-foot commercial property in the upscale Juhu Tara area of Mumbai. This area is known for its high-profile residents and premium real estate. The lease agreement, signed with Nanavati Construction, spans five years and was finalized on June 27th. The monthly rent for this prime location is Rs 18 lakh.
Over the course of the lease, the rent is set to increase, with the amount reaching Rs 20.16 lakh in the fourth year and Rs 20.96 lakh in the fifth year. To secure this premium property, Bhatia paid a substantial security deposit of Rs 72 lakh. This transaction underscores her strategic investment in prime commercial real estate, which is expected to appreciate significantly in value.
Mortgaging Apartments in Andheri
In a separate and noteworthy transaction, Tamannaah Bhatia has reportedly mortgaged three of her apartments situated on Veera Desai Road in Andheri, Mumbai. These apartments have been mortgaged to Indian Bank, with the total value of the mortgage amounting to Rs 7.84 crore.
This deal was registered on June 14th. For this transaction, Bhatia paid a stamp duty of Rs 4.70 lakh. Mortgaging such valuable properties indicates that she might be leveraging her assets for further investments or financial planning. This move showcases her financial acumen and strategic approach to managing her extensive real estate holdings.
Upcoming Professional Ventures
On the professional front, Tamannaah Bhatia continues to be in the limelight with her upcoming projects. She will next be seen in the highly anticipated film “Vedaa,” where she stars alongside John Abraham and Sharvari Wagh. The film is scheduled for release on Independence Day, promising to be a significant addition to her filmography.
Additionally, Tamannaah has a special dance number in the upcoming film “Stree 2,” which features popular actors Shraddha Kapoor and Rajkummar Rao. This special appearance is expected to add to the excitement and appeal of the film. Her involvement in these projects reflects her continued prominence and versatility in the Indian film industry.