Virat Kohli, Anushka buy 8 acres in Alibaug

India's luxury real estate has emerged as one of the growth drivers for the sector following the pandemic and continues to gain steam. The rising number of high net-worth individuals in the country and the increasing preference among Non-Resident ...

BCCL
Cricketer Virat Kohli and his actress wife Anushka Sharma have jointly bought nearly 8 acres of land at Alibaug, a beachfront destination for Mumbai's rich and famous, in two separate deals.

The land parcels, of 2.54 acres and 4.91 acres, cost them a total of ₹19.24 crore.

The couple paid stamp duty worth ₹1.15 core for the conclusion of the deal that was registered on Thursday, showed documents accessed by ET. The deal was documented on August 30, while final deal registration took place on Thursday.


Virat Kohli's brother Vikas Kohli has concluded the deal for the land parcel in Zirad village of Alibaug on behalf of the couple. The cricketer is currently in Dubai for the Asia Cup cricket tournament.

Kohli and Sharma have bought the land parcel from real estate developer Sameera Habitats and are planning to build a plush farmhouse on the plot.

ET's calls and text messages to Kohli's manager remained unanswered until Friday press time.
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"Demand for luxury properties, including villas and farmhouses, has been on the rise in the last few quarters, especially following the outbreak of the Covid-19 pandemic. High-profile personalities are looking to buy and build leisure properties closer to metros yet seeking privacy and exclusivity," said Amit Goyal, CEO of India Sotheby's International Realty.

India's luxury real estate has emerged as one of the growth drivers for the sector following the pandemic and continues to gain steam. The rising number of high net-worth individuals in the country and the increasing preference among Non-Resident Indians (NRIs) to acquire properties back home is fuelling demand for high-end properties.

Alibaug has emerged as the new hotspot for celebrities and high-profile personalities including industrialists, CXOs, Bollywood actors, and cricketers.

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