Ranbir Kapoor to gift new £2.5bn bungalow to Raha Kapoor

Wednesday 03rd April 2024 08:24 EDT
 

Ranbir Kapoor, Alia Bhatt, and Neetu Kapoor were seen together at their under-construction bungalow located in the heart of Mumbai's Bandra. According to media reports, Ranbir plans to name the bungalow after his and Alia's one-year-old daughter, Raha Kapoor. This decision is said to position young Raha as the "youngest and wealthiest star kid" in Bollywood.

According to the report, the new bungalow owned by Ranbir and his family is valued at £2.5bn, making it the priciest celebrity residence in Mumbai. Surpassing the likes of Shah Rukh Khan's Mannat and Amitabh Bachchan's Jalsa, this extravagant property is a joint investment by Ranbir and Alia, showcasing their commitment to realizing their dream home. A source mentioned, "The total cost of the house will exceed ₹250 crore once completed."

The source added, "It is also said that Ranbir Kapoor, who is madly and deeply in love with his daughter Raha Kapoor, will name the bungalow in her name, and this will make the little one the richest star kid in the B-Town (Bollywood). Along with this massive bungalow, both Alia and Ranbir own four flats in the Bandra area and the worth is more than £600mn."
It's important to mention that while gifts from relatives are tax-exempt upon receipt in India, any subsequent income or gains generated from these assets are subject to taxes, according to a report by the media.


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