Investing in real estate is a lucrative way to double the fortunes within no time for many, and Tollywood’s celebrities are no exception. Several film stars like Pawan Kalyan, Prakash Raj, Nagarjuna and others have their own lands in and on the outskirts of Hyderabad and several areas in the Telugu states.
Joining these list of celebs now is Superstar Mahesh Babu, the actor who rarely appears in news for his business ventures and instead dedicates most of his time for films. However, latest buzz in T-town is that Mahesh bought 3 acres of land near the Ocean Park in Gandipet on the outskirts of Hyderabad.
While the reasons behind this sudden investment plan by Mahesh are unknown, buzz is that the actor had shelled out a bomb running into several crores. Soon after the news of Mahesh buying the land broke out, there have been several discussions that the Superstar must be planning a huge venture.
These discussions further led to a sudden hike in the land values in the surrounding areas of Gandipet, making the land owners and realtors happy.