The bungalow is estimated to be valued at around Rs 50.63 crore, and the official transfer of ownership took place through two separate gift deeds on November 8. The transaction included a stamp duty payment of Rs 50.65 lakh.

During the initial years of his career, Amitabh and his family resided in Prateeksha. The name of the bungalow, meaning “wait” or “expectation,” was given by his father. In his blog, Amitabh mentioned, “Babuji saw the house as we invited him and Maa ji to now live with us and named it… Prateeksha… it came from a line of one of his works. ‘Swagat sabke liye yaha par, nahi kisi ke liye prateeksha’… welcome there is for all in this abode, but we are not waiting for anyone.”

He further reminisced, “The children grew up around it… as did the grandchildren… their birthdays and the festivities of festivals all decorated this GulMohar beautiful tree, with its bright orange flowers that bloomed during the summer… the children did get married just a few feet away from it… and it stood guardian above them.”

This gesture of gifting Prateeksha to his daughter reflects the emotional significance the bungalow holds for the Bachchan family and adds another chapter to the rich history associated with the iconic actor’s life and career.

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