New Delhi, Oct. 22 -- Nikhil Nanda, the Chairman of Escorts Kubota Limited, has bought a luxury flat in Mumbai. Nanda is the son-in-law of Amitabh Bachchan. The flat is located in the city's Juhu area. He purchased the property for over Rs.28 crore, as confirmed by documents accessed by Liases Foras. Liases Foras is a real estate research organisation. It specialises in registration data and market intelligence.

The documents revealed that the transaction was executed by Nikhil's sister, Nitasha Nanda, acting as the Power of Attorney holder.

Nanda, who is married to Shweta Nanda, Amitabh Bachchan's daughter, is the son of Ritu Nanda and Rajan Nanda. His mother, Ritu Nanda, was the daughter of the celebrated Bollywood actor, director and...