The house in which late actor Dev Anand lived for 40 years with his wife, Kalpana Kartik, children Suneil and Devina, has been sold, we have exclusively learnt.

The bungalow, located in Juhu (Mumbai), has been sold to K Raheja Corp, who earlier purchased director-producer B R Chopra’s family home in the same area. “The deal for Dev Anand’s home is done and paperwork is going on. It has been sold for approximately Rs. 350-400 crore,” a source tells us.

To this, another source adds, “Actors Madhuri Dixit Nene and Dimple Kapadia once lived in the apartments around the bungalow. The place will now be replaced by a tall tower with 22 floors.”

The sources further tell us that the house is being sold as there is no one to look after it: “His son Suneil stays in the US and daughter Devina lives in Ooty with her mother. There is no one in Mumbai to take care of the property and hence, they have taken the decision to sell off the bungalow. In fact, they even sold off their property in Panvel for the same reason.”

The source adds that the veteran artiste’s studio was sold 10 years ago and the proceeds were used to buy three apartments, one each for his wife, son and daughter. “For the Juhu property too, everyone will get a share,” the insider shares.

In an interview he gave in the 2000s, Anand — who would’ve turned 100 on September 26 this year — had said that he decided to build a house in Juhu in 1950 as he fell in love with its “total wilderness”.