Ranbir Kapoor, Alia Bhatt and Neetu Kapoor were seen together at their under-construction bungalow in central Bandra, Mumbai. According to media reports, Ranbir will gift this bungalow to his one-year-old daughter Rah Kapoor, after whom the 'bungalow' will be named. With this gift from Ranbir, little Raha can become Bollywood's 'youngest and richest star kid'. According to the report, Ranbir and family spent Rs 20 lakh. It is believed that Rs 250 crore has been spent. This bungalow will become Mumbai's 'most expensive' celebrity bungalow after Shahrukh Khan's 'Mannat' and Amitabh Bachchan's 'Jalsa'. A source is quoted as saying, 'Both Ranbir and Alia are equally investing their hard-earned money to build their dream home. After all this is done, the price of the house will be more than Rs 250 crore. And compared to Shahrukh Khan's Mannat and Amitabh Bachchan's Jalsa, it will become the most expensive bungalow in Mumbai area.
The source said that it is also being said that Ranbir Kapoor will name the bungalow after his daughter. Along with this huge bungalow, both Alia and Ranbir have four flats in Bandra area and they are worth more than Rs 60 crore. It is worth noting that such gifts from relatives are tax-free in India at the time of receipt, but future income or gains from these assets are taxable. According to a report, Neetu Kapoor is the co-owner of the bungalow.