1 month ago

Jeetendra's Pali Hill Villa Investment Soars

Jeetendra's Pali Hill Villa Investment Soars
Jeetendra bought Bharat Bhushan’s Pali Hill villa for Rs 4.25 lakh; now worth Rs 500 cr · indianexpress.com

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.

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

Sources

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