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Actor and BJP MP Kangana Ranaut sold her bungalow in Mumbai’s Bandra area for Rs 32 crore, according to Zapkey India.
Ranaut bought the property in September 2017 for Rs 20.7 crore and it was converted into the office for Manikarnika Films, the actor’s production house. It is situated in Bandra West’s posh Pali Hill area. The actor also took a loan of Rs 27 crore against the property in December 2022.
The total return for the property stood at 55 per cent with a Compound Annual Growth Rate of 6.4 per cent.
In 2020, the Brihanmumbai Municipal Corporation (BMC) ordered partial demolition of the bungalow for illegal construction. The demolition was halted after the Bombay High Court ruled in Ranaut’s favour.
Meanwhile, the actor-politician’s directorial debut movie “Emergency” has been postponed and a new release date is yet to be announced. The political period drama was scheduled to hit theatres across the country on Friday but the makers are yet to get a clearance from the Central Board of Film Certification (CBFC) and the matter is currently in court.
Ranaut, who essays the role of former prime minister late Indira Gandhi, had earlier this week accused the CBFC of stalling the certification to delay the release. The film has been caught up in controversy after Sikh organisations, including the Shiromani Akali Dal, which accused it of misrepresenting the community and getting facts wrong.
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