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Amitabh Bachchan and Jaya Bachchan gift their daughter Shweta Bachchan their Juhu bungalow

Shweta Bachchan received the most unexpected and expensive thing ever from her parents, which costs more than Rs.50 Cores

Amitabh Bachchan and Jaya Bachchan gift their daughter Shweta Bachchan their Juhu bungalow

Amitabh Bachchan with daughter Shweta Bachchan

Last Updated: 11.09 PM, Nov 24, 2023


Shweta Bachchan is certainly the apple of Amitabh Bachchan and Jaya Bachchan’s eyes. Growing up in the spotlight as the daughter of the Bollywood icons, Shweta Bachchan has always maintained a sense of privacy and discretion. While her parents and brother, Abhishek Bachchan, have embraced the world of entertainment, she has carved her own path, venturing into the realms of fashion and literature.

In recent years, Shweta's decision to reside with her parents in Mumbai, rather than with her husband Nikhil Nanda and their two children, has sparked curiosity among the public. While the reasons for this arrangement remain private, Shweta's presence at her parents' home reflects the strong familial bonds that have always anchored her life.

What does Shweta Bachchan do?

Beyond her personal life, Shweta has made her mark in the world of fashion with her successful label, MxS, launched in collaboration with designer Monisha Jaising. She has also forayed into literature with her debut novel, Paradise Towers, which garnered critical acclaim and commercial success.

Shweta Bchchan's expensive gift from her parents

However, recently it's been revealed by, that Amitabh and Jaya Bachchan have gifted their dearest daughter the most expensive thing ever. They gifted their Juhu bungalow, Prateeksha, which has a Market value of Rs. 50.63 Crore. The property is spread over an area of 16,840 square/feet, and the official documentation was carried out on November 8, 2023.

Amitabh Bachchan and Jaya Bachchan with daughter Shweta
Amitabh Bachchan and Jaya Bachchan with daughter Shweta

For the unversed, In Mumbai, when a father transfers a residential property as a gift to either a daughter or son, a minimal stamp duty of Rs. 200 is levied, along with an additional 1% metro cess per deed. Apart from Prateeksha, The Bachchan family owns several bungalows in Juhu – Jalsa and Janak.

What is the meaning of Prateeksha?

Long back, Amitabh Bachchan once revealed that the name Prateeksha was given by his father, Poet Harivansh Rai Bachchan to that bungalow. Prateeksha means – “swagat sabke liye yahan par nahi kisi ke liye prateeksha. (all are welcome here, but there is no wait for anyone).” This verse was taken from one of Harivansh's poems.

Prateeksha is Amitabh Bachchan’s first residence in Juhu, where he cherished unforgettable memories with his parents – Harivansh Rai Bachchan and Teji Bachchan.

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