High-Flying Priyanka Chopra Stays Close To The Ground For Investments
For most of us, celebrities included, land remains the most-desired of all assets. National award winning actor Priyanka Chopra is one such person. The 34-year-old, who pipped former US first lady Michelle Obama and Hollywood sensation Angelina Jolie to be voted the second-most beautiful woman in the world by video-sharing social media network BuzzNet recently, is known for her love for real estate. The multi-talented actor-singer-producer- philanthropist has gone on record to say that unlike other women, she has no love for gold — her loyalty is tilted towards diamonds. For lack of an understanding of the stock market, the Baywatch star does not park her money in stocks either. It is real estate that inspires her to work harder. Apparently, when the actor, known for her critically acclaimed portrayals of powerful characters in Bollywood movies such as Bajirao Mastani, Saat Khoon Maaf and Barfi, wanted to buy a house, she did a lot of shows and events to just make sure there are enough funds to splurge.
In a recent interview with Bloomberg, the Quantico star who won the Miss World title in 2000, named her land in Mumbai and Goa as her best investments. Chopra is the only Indian to be featured on the cover of Time magazine in the US.
“I divide it (referring to her earnings) between what I want to save, investments, what I want to spend, and philanthropy,” Chopra told Bloomberg when asked about how she manages her money. A great deal of the investment parts gets into real estate.
According to the income tax department, Chopra till 2011 owned a total of nine properties, five of which were at the Raj Classic building at Versova. The actor had combined three units together to create bigger space. For someone who dreams of having a sea-facing bungalow, with a huge garden, a gymnasium and plenty of room for her pets, this might just not have been enough. So, to make her dream come to true, Chopra invested $16 million in a sea-facing vintage mansion at Versova, Dariya Mahal, designed by British architect Claude Batley. The property that was built in 1930 has as many as 15 bedrooms and is an ideal location for hosting grand parties suitable for a woman of Chopra's stature. Before Chopra bought the exotic mansion, it was being used by moviemakers to shoot films. Media reports also suggest the start has been vying for, along with other celebrities, to buy another sea-facing bungalow Mayur Mahal at Juhu.
As her work took her to places, Chopra last year moved to a new apartment in Manhattan, New York, which reportedly had a private theater, a well-equipped gymnasium and a well-stocked wine cellar. The actor is back in India for a small break after shooting the second season of Quantico and ahead of promotions of her upcoming movie Baywatch that begin in May.
In short, the Jamshedpur girl who made it big in the world with her hard work and skills has a real connection with real estate. Her future investment plans, too, will revolve around property markets.
In the meantime
In 2014, Chopra signed a pact to endorse Noida-based real estate company Unnati Fortune Group. “Unnati Fortune Group is a brand that stands for cutting-edge innovation, quality and timely-delivery. It is a brand that has redefined the real estate space in the Delhi-NCR. Their designs and values are unrivalled and it is a great privilege for me to be associated with them,” Chopra was quoted by media as saying.