Celebrities are increasingly investing in residential properties, as evidenced by Alia Bhatt's production business purchasing a 2,497-square-foot flat in Bandra for Rs 38 crore and John Abraham acquiring a 5,000-square-foot villa in Khar for Rs 70 crore. Experts decode key real estate trends and their impact on property prices
The shift in customer preferences for larger units has created a clear opportunity for developers. But how much does it translate for a common man is left to be seen. Pic/iStock
Key Highlights
- Mumbai`s western suburbs rapidly emerge as a goldmine for real estate developers
- Key driver of this trend is the growing phenomenon of celebrity investments, opine experts
- Learn how celebrity investments are driving demand for properties in the western suburbs
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