Star Indian batter and cricketer Shreyas Iyer has jumped on the bandwagon of well-known sports figures who have chosen to generate money by purchasing or renting out commercial real estate. According to recent reports, the stunning batter has paid an incredible 2.9 crore Indian rupees for a house.
Remarkably, the aforementioned home is purportedly situated in Mumbai’s Worli neighbourhood. The prime property is located in Adarshnagar, according per the sources. According to records, the building is known as Godavari Industrial CHSL. Additionally, on July 16, the relevant property’s selling deed was properly signed.
In terms of the measurements, the carpet area of the Kolkata Knight Riders (KKR) Captain’s residence is roughly 510 square feet, according to Propstaack. Furthermore, regarding expenses, the rate charge was calculated to be 56, 863 Indian rupees. The famous cricket player was reportedly unable to comment or provide an official statement regarding his most recent real estate transaction.
However, Shreyas Iyer had already expressed his affection for opulent homes. The batter from Mumbai had acquired an opulent flat in the well-known The World Towers, which were built by the company Macrotech Developers. The unit was described as being 2,380 square feet in size and located on the 48th level in the specifications. In addition, the apartment has three contemporary parking lots.
According to Zapkey, the average rate per square foot is allegedly 49,817 Indian rupees. Moreover, it is noteworthy that the agreement was reached in September 2020.
It was also disclosed that Shreyas Iyer, after assuming ownership of the flat, had invested about 12 crores in it. Interestingly, the agreement was reached back in September 2020.
Shreyas Iyer made yet another real estate investment when he bought an apartment from the well-known Lodha Developers in Mumbai’s Worli neighbourhood. According to documentation obtained by Zapkey, the flat costs an incredible 8.4 crore in Indian rupees. The agreement to purchase the 1,701 square foot property was signed in July of 2018.
In the real estate industry, Virat Kohli and Rohit Sharma have also demonstrated their commercial ability.
Remarkably, a number of Bollywood celebrities have expressed a preference for investing in opulent homes in order to benefit commercially. Among the well-known names were actors Amitabh Bachchan and Ajay Devgn. Athletes have also been investing in real estate recently, with Virat Kohli, the famous batsman for India, contributing significantly to his net worth through real estate investments. Notably, in March of this year, Kohli leased twelve office premises in the tech hub of Gurugram, formerly known as Gurgaon. It was reported that the cricket player had floated them out for 8.85 Lacs (roughly) per month in Indian rupees, speaking of potential profits in figures related to the offices.
The agreement’s term was fixed at nine years. About the specifics of the commercial space, it is situated in the high-tech city’s sector 68 as Reach Comercia, a corporate tower. The opulent 18,430 square feet of business space are available for use. There are 37 parking spaces on the opulent property.
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In addition to Kohli, Rohit Sharma, the captain of Team India in both Test and ODI cricket, has made moves in the real estate market. The Hitman reportedly leased out two apartments in Mumbai’s Bandra West neighbourhood early this year, according to Zapkey. Documents disclosed that the monthly cost was three lacs (about).
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