Abhishek Bachchan to Develop Ultra-Luxury Project on Amitabh Bachchan's Shahpur Land

Real Estate
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CNBC TV18•11-01-2026, 12:52
Abhishek Bachchan to Develop Ultra-Luxury Project on Amitabh Bachchan's Shahpur Land
- •Abhishek Bachchan, in partnership with Lotus Developers, will develop an ultra-luxury mixed-use project on a 5.72-acre land parcel in Shahpur, Gandhinagar.
- •The land, acquired by Amitabh Bachchan in 2011, is strategically located opposite GIFT City.
- •The project will feature premium residential units, Grade-A commercial offices, and retail spaces.
- •It operates on a profit-sharing model, with the Bachchan family retaining land ownership.
- •Construction is slated to begin after statutory approvals, aiming for over 10 lakh sq ft built-up area and a four-year completion.
Why It Matters: Abhishek Bachchan is set to transform Amitabh Bachchan's Shahpur land into a major luxury development.
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