Realty show for Bunny
Taking a cue from his contemporaries like Mahesh Babu, Nagarjuna and Jr NTR, who have invested heavily in real estate, Allu Arjun too has decided to follow suit. The actor reportedly paid Rs 5 crore for a one-acre plot of land in Tellapur — on the city outskirts which is now emerging as a hot investment destination.
The actor has built a palatial 5,000 sq. ft villa on this land and is looking to buy a few more acres around the place so that he can develop it as a resort — a profitable business venture. The property will also be let out at Rs 1 lakh per day for music performances, story discussions and other activities, says a source close to the actor.
The property will have a spa, swimming pool and a great cuisine for his guests to unwind during the weekends. And of course, if the actor wants to relax on weekends, he will head to this place. Well, this goes to prove that our T-town stars are turning smart businessmen and thinking beyond films.
Posted by Ak Reddy
on 05:29.
Filed under
Cine Gossips
.
You can follow any responses to this entry through the RSS 2.0