Tiger Shroff, Bollywood actor, purchases a property in Pune for Rs 7.5 crore, leasing it to a beverage firm. Get the details here.
Introduction
Bollywood actor Tiger Shroff, known for his upcoming film ‘Bade Miyan Chote Miyan,’ has made a significant real estate investment in Pune. The actor recently acquired a property in the Hadapsar area, leasing it out to a beverage company, according to documents obtained by Zapkey.
Acquisition Details
Tiger Shroff’s new property spans 4,248 square feet and was purchased from ASN Properties Private Limited for Rs 7.5 crore. The actor completed the transaction on March 5, paying a stamp duty of Rs 52.5 lakh as outlined in the Assignment Deed.
Leasing Arrangement
Reports indicate that Tiger Shroff has leased the Pune property to a private beverage firm, securing a monthly rent of Rs 3.5 lakh. This strategic move diversifies his investment portfolio while generating steady income from the asset.
Additional Property Holdings
In addition to the Pune investment, Tiger Shroff also owns an impressive 8 BHK apartment in Mumbai’s Khar area. Situated in Rustomjee Paramount, the luxurious apartment is valued at nearly Rs 35 crore, adding to the actor’s real estate portfolio.
Conclusion
Tiger Shroff’s foray into real estate investment underscores his financial acumen and strategic approach to wealth management. By acquiring properties in prime locations and leveraging leasing opportunities, the actor demonstrates a savvy investment strategy that complements his successful career in Bollywood.
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