r/indianrealestate • u/Icy-Mission-7792 • 17h ago
#Discussion John Abraham just dropped ₹84 crore on a 100-year-old Bandra bungalow, and he's not tearing it down
So this is wild. John Abraham has picked up a nearly century-old bungalow in Bandra West for around ₹84 crore. The property belonged to a Parsi family, the DeVitres, and sits on a quiet lane connecting Turner Road to Hill Road. It's got four bedrooms, a large hall, a garden with fruit trees, and even an outhouse, old-school Bandra charm basically.
What's interesting is that despite paying that much, he reportedly has no plans to redevelop it into a tower, which a lot of buyers would've done given how insane land rates are in that pocket. Apparently the family specifically didn't want to sell to a builder for that reason.
This comes right after he bought another bungalow on Linking Road in Khar for ₹75 crore back in December. Feels like he's on a real estate spree lately. Bollywood folks buying up heritage properties in Bandra/Khar instead of flipping them for towers is honestly refreshing to see, if true.
Anyone know more about the DeVitre family or that stretch of St Martin Road? Curious what these old Bandra bungalows are actually worth on paper vs what people are paying for the land alone.
Source: My Property Fact