Tuesday, January 16, 2007

Bachchan family plot thickens

Mid-day reports that 674 sq meter plot in Juhu was gifted for around 3.3crs with around 6L paid towards stamp duty. The rate works out to be around 5000 rupees per sq/ft in Juhu which is the rate in Kandivili. I guess for Mr Bachchan and others in Mumbai "Black" is green. The biggest surprise to every at the Registrars office was the absence of Amar Singh. Rumour has it that he is going to gift a plot measuring 6000 meters to Mr Bachchan. Ofcourse the plot will be in UP.

This has been a good week for superstar Amitabh Bachchan.

On Sunday, his son Abhishek got engaged to actress Aishwarya Rai and now his younger brother Ajitabh has gifted him a 674 square metre plot in Juhu worth around Rs 3,30,21,000.

Yesterday, the brothers signed the gift deed of plot number 15 of Vitthal Nagar Co-operative Housing Society at the office of the joint sub-registrar at Bandra Kurla Complex.

The brothers arrived at the office around 5.30 pm and started the procedure of assessment and paying the stamp duty. Within no time, they left the premises — smiling and shaking hands with the registrar office employees.
“We found all the documents okay as required and a stamp duty of Rs 6,60,450 was paid by Amitji according to the market valuation,” confirmed Udayraj Chavan, the joint sub-registrar of Andheri 2 (class II). The stamp duty was paid under Chavan’s guidance.

MiD DAY has acquired the details of the gift deed that was executed on Sunday.

According to the gift deed, on November 29, 1975, the previous holder of the said property, Naranbhai Motibhai Patel, had assigned and transferred all his rights, title of the property to Ajitabh for an amount of Rs 1,36,760.

The deed copy further mentions that the donee is older natural brother of the donor. It also says the donor is desirous of gifting all his rights, title and interest in respect of the said property.

According to a source, “Ajitabh decided to confirm the gift deed on Makar Sankranti when his nephew got engaged to Aishwarya.”

Sources added that a production facility house and an office for Abhishek and Aishwarya are likely to be constructed there after the marriage. It could also serve as the new corporate address of ABC Production Limited, which the Bachchans are planning to revive.

Rumour has it that Abhishek has acquired a property at Carter Road, Bandra, where he and Aishwarya may live after marriage. They have been regularly visiting the four-storeyed bungalow Naivedya (plot no 85).

This bungalow, owned by builder Shobit Rajan and designed by architect Pornitnath, has eight rooms, a terrace lawn, 1,000 sq ft washroom and a small swimming pool at the roof top. According to an estate consultant, “This property is worth Rs 1,14,400 per sq ft. The bungalow would cost them at least Rs 9 crore.”

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