Ranbhir Kapoor beats Jindals in property deal

Bollywood heartthrob Ranbhir Kapoor has made the largest recorded transaction per square feet by paying a whopping Rs. 35 crore for a property in Mumbai. The apartment is located in Bandra, close to Krishna Raj, his parental home, and is possibly the highest recorded transaction in the suburbs with Rs 1.42 lakh per square foot.

The sprawling apartment is on the seventh floor of the 12-storey Vastu Pali Hill, with two parking slots, reports the Times of India.

According to market experts, film celebrities believe in property investment even if the markets are stagnated. The film industry always makes full payments by cheques only.

Earlier, biggies like Akshay Kumar, Aamir Khan, and Abhishek Bachchan have all bought luxury apartments in various projects in the city. But Ranbhir Kapoor has topped the Bollywood A-listers and even surpassed the Jindal family which purchased a 10,000 sq ft duplex for Rs. 1.60 per square foot in the impending Lodha Towers on Altamount Road.