Varun Singh

Actor Arjun Kapoor has sold an apartment belonging to him in Bandra for a whooping Rs 16 crore. The apartment sold by Kapoor is in the building 81 Aureate. What is interesting that earlier Malaika Arora had approached MahaRERA against the promoters of the building and later settled her case amicably.

Arjun Kapoor on May 19, 2022, registered the sale document as per documents accessed by SquareFeatIndia provided by Indextap.com. The flat sold by Kapoor is on the 19th floor of the building and measures 4,364 sq.ft. carpet area.

For Arjun his sister Anshula Kapoor signed the sale documents, the buyers are Shankar Bhoir and Satyen Bhoir. The stamp duty paid for the registration of the apartment was Rs 96 lakh.

The new owners will also have access to three car parks in the building.

Malaika Arora who also owns a flat in the building had moved MahaRERA against the developers. The complaint of Arora was that, the developers had failed to hand her the possession of the apartment she had booked for around Rs 14.5 Crore.

Arjun Kapoor
Arjun Kapoor

However, in November 2021, both the developer and Arora informed MahaRERA that they had settled the matter amicably as the developer had handed her the possession of the flat.

Just a week before Arjun Kapoor sold his apartment, television actor Karan Kundra paid Rs 14 crore for a flat in the same building.

Karna executed a sale deed with the registration department on May 13, where he bought an apartment measuring 5238 sq.ft. and along with the apartment, Kundra also got access to three car parking spaces in the podium. During the registration of the apartment a stamp duty of Rs 81.81 lakh was paid by Kundra .The seller of the property to Karan Kundra was Housing Development Finance Corporation Ltd (HDFC).

In March 2020, actor Sonakshi Sinha had bought a 4628 sq.ft. home in the same building. Sinha paid Rs 14 crore for a flat on 16th floor in the building. Even Sinha got access to three car parks in the building.

Cricketer Prithvi Shaw in March 2022, paid Rs10.5 crore for a flat in the building 81 Aureate. His flat measured 2209 sq.ft. along with a Terrace of 1654 sq.ft.

A detailed message sent to Arjun Kapoor’s representative got us no response.

According to a local broker from the area, the building has attracted several big names including Bollywood, Cricket and Politics. Faraz Nawab Malik, son of minister Nawab Malik, in 2021, had shelled out Rs 9.95 crore to buy an apartment on the 19th floor fo the building 81 Aureate. The flat bought by the son of the former minister and NCP leader measures 3889 sq.ft. including a terrace that measures 1,653 sq.ft.

The broker claims that the building’s location and the sea view is one of the reason why many have made this their investment destination.

Also Read: Cricketer Prithvi Shaw buys a house for ₹10.5 Crore in Bandra

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