Bollywood’s most loved couple, Alia Bhatt and Ranbir Kapoor, are all set to begin a new chapter as they prepare to move into their long-awaited dream home in Mumbai. The newly renovated ancestral Kapoor bungalow has now officially been named ‘Krishna Raj’, a name that carries decades of emotional history and deep-rooted family legacy.
The nameplate was recently installed outside the property, instantly drawing attention and admiration from fans. More than just a residence, Krishna Raj stands as a heartfelt tribute to Ranbir Kapoor’s late grandmother Krishna Kapoor, honouring the woman who played a pivotal role in shaping the Kapoor family’s heritage.
A Home Rooted in Legacy and Love
According to sources close to the family, Ranbir Kapoor, Alia Bhatt, their daughter Raha, and Neetu Kapoor are expected to move into the bungalow very soon. Ahead of the big transition, a traditional griha pravesh puja was held in November 2025, attended by Neetu, Ranbir, Alia, and little Raha.
Alia had shared glimpses of the intimate ceremony on social media, offering fans a rare look into the family’s deeply personal moment as they welcomed blessings into their future home.
Inside the Rs 250 Crore ‘Krishna Raj’ Bungalow
The Krishna Raj bungalow, estimated to be worth Rs 250 crore, has undergone years of careful renovation and redesign. Originally built nearly 80 years ago, the property was inherited by Rishi Kapoor and Neetu Kapoor in 1980. The couple envisioned rebuilding the home with modern architecture while preserving its emotional and cultural essence.
After extensive planning and construction, the eight-storey luxury bungalow was finally completed in 2025. Each floor has been designed with functionality, privacy, and warmth in mind.
One of the most touching aspects of the home is a dedicated room for Rishi Kapoor, who sadly passed away in 2020 after battling leukaemia and could not witness the completion of the house. The space serves as a quiet tribute to his memory.
More Than a Home—A Creative Space
Beyond being a family residence, Krishna Raj has also been envisioned as a creative hub. The bungalow includes office spaces where Ranbir, Alia, and Neetu Kapoor can conduct script readings, film discussions, and professional meetings.
The property also boasts a swimming pool, recreational areas, and multiple open spaces, blending luxury with comfort while catering to both family life and cinematic pursuits.
Why the Name ‘Krishna Raj’ Matters
The bungalow originally belonged to Raj Kapoor, the legendary filmmaker, and his wife Krishna Kapoor, after whom the property was first named. As a mark of respect and emotional continuity, Ranbir Kapoor chose to retain the name Krishna Raj in memory of his grandmother, who passed away in 2018.
Raj and Krishna Kapoor’s second son, Rishi Kapoor, later became the owner along with Neetu Kapoor. Now, with Ranbir, Alia, and Raha stepping into the home, the legacy gracefully passes into the next generation.
The family celebrated their last Diwali at their Vaastu apartment in 2025, making the upcoming move into Krishna Raj even more symbolic.
Alia Bhatt: “A Dream That Feels Overwhelming”
In a previous interview with ETimes, Alia Bhatt described the experience of moving into the new home as “incredibly overwhelming.”
Calling it a long-cherished dream, the actress shared that the journey fills her heart with gratitude, emotion, and joy, as she steps into a space that represents both love and legacy.
A New Beginning with Old Roots
As Alia Bhatt and Ranbir Kapoor prepare to make Krishna Raj their home, the bungalow stands not just as a symbol of luxury, but as a living testament to the Kapoor family’s enduring legacy—where memories of the past and dreams of the future coexist under one roof.
