Bollywood actress Sonam Kapoor who bought her Bandra-Kurla Complex home in Mumbai in 2015 sold it on December 29, 2022, for over ₹32 crore. But the point of discussion was the amount for which she bought the property! Know the taxes and investment math here
Investing in real estate has dual benefits – one is for utility as a home or as rental income and second is as investment asset class for long-term wealth creation. It is not uncommon in India that buying a house is among the many million dreams that individuals hold. Recently, Sonam Kapoor’s sale of property in Mumbai’s prominent upscale commercial hub Bandra Kurla Complex (BKC) sparked a discussion on whether real estate makes sense as an investment or not.
Bollywood actress Sonam Kapoor who bought her BKC flat in 2015 sold it last week on December 29, 2022, for approximately over ₹32 crore. But that’s not the point of discussion on real estate’s potential for giving returns. It was the amount for which she bought the property.
Sonam Kapoor bought a flat in Bandra for 31 CR in 2015, and sold it for 32 CR in 2022.