Bollywood stars earn hundreds of crores through movies, endorsements and stage shows. So when it comes to parking their stash, Bollywood biggies prefer to lean on Mumbai's builders, says a Times of India report.
Leading celebrities invest in residential and commercial projects or buy sprawling penthouses, row houses and bungalows for personal use. The preferred locations are in the suburb between Bandra and Andheri, says the report.
The report said, investments can range from Rs 5 crore to upwards of Rs 50 crore each.
Some of the Bollywood bigies are believed to have pumped in mega-bucks to purchase bungalow plots or booked a slew of duplex apartments in high-end towers. Builders said most stars insist on making "full cheque payment".
From: http://ping.fm/SaEKE
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