Bollywood actor Tiger Shroff has joined a list of actors who frequently dabble in real estate. He recently acquired a property worth Rs 7.5 crore in Pune. Situated within the prestigious Yoo Pune project in Hadapsar, the property spans 4,248 square feet and was developed by local real estate giant Panchshil Realty. Shortly after its acquisition, the property was leased out, offering Tiger Shroff a monthly rental income of Rs 3.5 lakh. This five-year rental agreement provides him with a lucrative yield of over 5 percent, a notable figure, given the modest rental returns typically observed in the Indian residential property market. The property was rented out to Cherise India Private Limited, a company operating in the beverage sector.
In Mumbai’s Khar district, Tiger Shroff also owns an eight-bedroom flat. The lavish flat, estimated at around Rs 35 crore, is situated in Rustomjee Paramount. Tiger Shroff has, on numerous occasions in the past, talked about how their family faced financial constraints after his father Jackie Shroff’s production Boom tanked at the box office, causing him exorbitant losses. He reminisced about having witnessed the family sell off their home furniture to cover for their losses and ultimately sell off their home. That experience triggered Tiger Shroff into buying a home as a priority, when his journey into Bollywood began.
Tiger Shroff is currently awaiting the release of the big budget action film, Bade Miyan Chote Miyan along with Akshay Kumar. With the union of Bollywood’s original martial arts hero with the new blood o, Bade Miyan Chote Miyan is touted to be an out-and-out actioner with death defying stunts and high-octane fight scenes. With a budget of Rs 350 crore, it is one of the most expensive Bollywood films ever made. From the teaser and first look of the film, the Ali Abbas Zafar-directorial does not seem to have any resemblance with the 1998 movie of the same name.
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