Ajay Devgn buys a bungalow worth Rs. 60 crore in Mumbai

Ajay Devgn has become the latest Bollywood celebrity to buy property in Mumbai amid the pandemic. This comes after reports of Amitabh Bachchan purchasing a duplex apartment worth Rs. 31 crore in Mumbai.

Reportedly, the bungalow bought by Ajay Devgn is worth Rs. 60 crore and is located in the Juhu area of Mumbai. The property is said to be spread across 590 sq yards. The Devgns currently reside in their bungalow, Shakti, in the Kapole Co-operative Housing Society Ltd in Juhu which is located near the new property purchased by Ajay Devgn.

As per reports, the deal was struck last November-December and the Kapole Co-operative Housing Society transferred the bungalow in the joint name of Veena Virendra Devgn and Vishal alias Ajay Devgn on May 7. The bungalow was earlier owned by the late Pushpa Valia.

Reports further reveal that the rate of the bungalow is Rs. 65 to 70 crore, but due to the pandemic, Devgn got it at a discounted rate.

Recently, Sonakshi Sinha and Arjun Kapoor also purchased sky villas in Bandra. The properties are said to be worth Rs. 20 crore each.

ALSO READ: Sets of Ajay Devgn starrer Maidaan badly damaged by cyclone Tauktae

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