Amitabh Bachchan gifts his Rs 50 crore Juhu bungalow to daughter

Bollywood megastar Amitabh Bachchan and his wife Jaya Bachchan gifted their bungalow in Mumbai's Juhu, Prateeksha, to their daughter Shweta Nanda, reports India Today.

The bungalow in the Vitthalnagar Cooperative Housing Society is spread over two plots measuring 674 square metres and 890.47 square metres, which are collectively valued at approximately Rs 50.63 crore.

Two separate gift deeds were signed on November 8, and a stamp duty of Rs 50.65 lakh was paid for the registration of the deed.

The Bollywood megastar and his family lived in Prateeksha for many years at the beginning of his career. He also owns two other bungalows in Juhu -- Jalsa and Janak.

Shweta Bachchan Nanda is an author, columnist, former model, and entrepreneur. She has authored a bestselling novel, 'Paradise Towers.