KKN Gurugram Desk | After years of anticipation and careful planning, Bollywood’s beloved couple Ranbir Kapoor and Alia Bhatt are finally ready to move into their custom-built mansion in Mumbai’s prestigious Pali Hills, near Bandra. Valued at an estimated ₹250 crore, this iconic six-storey residence pays tribute to family legacy, blending contemporary luxury with timeless sentiment

The property, now fully complete, was confirmed ready for occupancy in a viral video showing lush greenery cascading from balconies on every floor—an architectural marvel that combines grandeur with warmth and privacy .

 Krishna Raj Bungalow: A Regal Homage to a Family Icon

Named after Ranbir’s late grandmother, Krishna Raj Kapoor, the bungalow continues a rich Kapoo family tradition of grandeur. Legendary actors Raj Kapoor and Krishna Raj, the original owners, built the property decades ago. It later passed to Rishi and Neetu Kapoor in 1980, and now Ranbir and Alia have transformed the legacy for a new generation.

With this renovation, the bungalow merges heritage with modern design. An elegant grey-white façade, oversized windows, terraces, and potted greenery reflect a minimalist yet luxurious aesthetic that complements the celebrity family’s refined tastes.

 A Gift to Baby Raha: Registered in Their Daughter’s Name

Perhaps the most touching gesture by Ranbir and Alia is their decision to register the property under the name of their daughter, Raha Kapoor. Along with co-ownership registered to Neetu Kapoor, this move cements Krishna Raj Bungalow as a multi-generation family treasure.

This symbolic gesture makes baby Raha one of Bollywood’s youngest real estate owners—her very own family legacy from infancy.

 Design Highlights: Six Floors of Living Space and Green Terraces

While the couple maintains strict privacy regarding interiors, insights from paparazzi and real estate reports reveal:

• Ground Floor: Grand entry foyer, guest lounge and living areas

• Upper Storeys: Family apartments, private bedrooms, media rooms, script-reading office space

• Terraces: Each level is adorned with green potted plants, especially the top floor which has a lush garden overlooking the neighbourhood

• Luxury Extras: Likely includes premium finishes, private lifts, parking, advanced security and tertiary amenities typical of ₹250 crore builds

The external elevation itself serves as a showcase—minimalist lines, natural light, and green landscaping, projecting both elegance and harmony with nature.

 A Family-Centric Legacy: Kapoor Kin’s Move-In Plans

The couple and their daughter, baby Raha (age 2), are expected to move in soon—maybe even in time for Diwali 2025, a key family milestone . The bungalow is purposefully designed with Neetu’s living space, a heritage room for Rishi, and a future-ready floor for Raha to grow into.

On multiple occasions, Ranbir, Alia, Neetu, and even little Raha were spotted touring the construction site, personally overseeing details and ensuring sentimental elements were maintained

Public Reaction: Admiration, Comparison, Mixed Reviews

The reveal of the ₹250 crore bungalow sparked buzz across social media:

• Praise for the green terraces and architectural finesse

• Some criticism claiming it resembles a plush apartment block rather than a standalone mansion

• Others highlighted the purposeful mix of luxury with legacy, calling it a heartfelt gift for Raha

Regardless of mixed opinions, the bungalow now stands as Mumbai’s priciest celebrity home, eclipsing iconic residences like SRK’s Mannat and Amitabh Bachchan’s Jalsa .

 Bollywood Prestige Meets Real Estate Power

In Bollywood, property reflects not just wealth but heritage and identity:

• Raj Kapoor’s Chembur mansion has been redeveloped after being sold

• Rishi and Neetu freshened up the Pali Hills property years ago

• Now, Ranbir & Alia’s Krishna Raj Bungalow continues the Kapoor legacy with a modern touch

This bungalow represents celebrity real estate at its grandest, offering a rare merge of personal history, luxury, and symbolic meaning .

 How the Billionaire Property Price Holds Up

At ₹250 crore, the bungalow ranks among Mumbai’s most expensive residential properties. Pali Hill real estate often trades between ₹37,000–63,000 per sq ft, and a multi-floor luxury build with landscaping, AV setup, security, and bespoke interiors justifies the staggering valuation .

Compared to other celebrity homes:

• Mannat, Jalsa: Valued at ~₹150–200 crore

• This Krishna Raj Bungalow: Sets a new benchmark for celebrity real estate, merging pedigree, design, and scale

 Next on the Horizon: Family Life & Projects Ahead

While personal milestones are underway, professionally both stars are equally busy:

• Ranbir stars in Nitesh Tiwari’s Ramayana, scheduled for Diwali 2026

• Alia leads Sanjay Leela Bhansali’s Love & War co-starring Vicky Kaushal

• Baby Raha continues to be the subject of affectionate glimpses in public—always adhering to the couple’s no-photo policy

Their new home coincides beautifully with upcoming film releases, making 2025 a year of new beginnings on every front.

What’s Next After Move-In? Potential Interior Reveal

Once Ranbir and Alia fully relocate, interior tours, online walkthroughs, or curated photo reveals may follow. The bungalow already boasts green terraces, design synergy, kid-safe zones, and a blend of modern and nostalgic décor.

Potential features to watch for:

• Rishi Kapoor memorial room

• Neetu’s personal quarters

• Raha’s future child-friendly floor

• Luxe cinema/media room, private spa or pool, premium parking and servant quarters

• Advanced functionality: VR screenrooms, automated systems, and climate control

The Krishna Raj Bungalow stands as a testament to legacy, love, and luxury—a six-floor marvel named after Ranbir’s grandmother, gifted to their daughter, Raha. With privacy, design, and legacy at its core, it cements the Kapoor family’s roots in Mumbai’s history while paving the way for future milestones—on-screen and off.

KKN Live will continue to bring updates on the couple’s move-in, interior reveals, upcoming projects, and grassroots stories from Bollywood’s most high-profile home debut. Stay tuned for exclusive coverage.