1 month ago
Jeetendra's Pali Hill Villa Investment Soars
Jeetendra, a famous Bollywood actor, bought a big house in Pali Hill from another actor, Bharat Bhushan, for a very low price because Bharat Bhushan was in financial trouble.
Jeetendra thought the house was unlucky and moved out, but later he sold the wood from the house for a lot of money and turned the land into apartments.
Now, the land is worth a huge amount, much more than what Jeetendra paid for it.
Bharat Bhushan missed out on this big profit because he sold the house when he was in a tough situation.
Jeetendra bought Bharat Bhushan's Pali Hill villa for Rs 4.25 lakh.
The villa was on a 3,450 square feet plot.
Jeetendra sold the Burma teak from the villa for Rs 11.5 lakh.
He redeveloped the property into Gautam Apartments, which are now worth Rs 500 crore.
Bharat Bhushan sold the property under financial distress and missed out on potential future gains.
- Who
- Jeetendra and Bharat Bhushan
- What
- Jeetendra bought Bharat Bhushan's Pali Hill villa for Rs 4.25 lakh, now worth Rs 500 crore
- Where
- Pali Hill, Mumbai
- When
- Decades ago
- Why
- Bharat Bhushan sold the property under financial distress, and Jeetendra later redeveloped it into Gautam Apartments
Jeetendra's Real Estate Success
Bharat Bhushan's Financial Distress
Property Value Appreciation
Jeetendra's Real Estate Success
Jeetendra's investment in the Pali Hill villa has appreciated significantly, making it one of his most profitable ventures.
Bharat Bhushan's Financial Distress
Bharat Bhushan sold the property under severe financial distress, missing out on potential future gains.
Key facts
- Original Purchase Price
- Rs 4.25 lakh
- Current Land Value
- Rs 450 crore
- Current Property Value
- Rs 500 crore
- Plot Size
- 3,450 square feet
- Burma Teak Sale
- Rs 11.5 lakh
- Initial Sale Price per Square Foot
- Rs 85
- Current Sale Price per Square Foot
- Rs 85,000
- Number of Apartments in Gautam Apartments
- 82
Quotes
Jeetendra
Former Bollywood actor turned real‑estate developer
“"I finally bought the bungalow for Rs 4.25 lakh. What was even more shocking was that it came with a 3,450 sq ft plot at the same price."”
indianexpress.com









