Veteran actress and politician Hema Malini has sold two of her apartments in the upscale Oberoi Springs complex at Oshiwara, Andheri West, for a combined ₹12.50 crore. The transactions, registered in August 2025, were disclosed in property documents from the Inspector General of Registration (IGR) Maharashtra, reviewed by property portal Square Yards.

Each of the two apartments was sold for ₹6.25 crore and came with one dedicated car parking space.


Quick Deal Snapshot

DetailsApartment 1Apartment 2
ProjectOberoi Springs, Andheri WestOberoi Springs, Andheri West
Carpet Area847 sq. ft. (79 sq. m.)847 sq. ft. (79 sq. m.)
Built-up Area1,017 sq. ft. (94.46 sq. m.)1,017 sq. ft. (94.46 sq. m.)
Sale Price₹6.25 crore₹6.25 crore
Parking1 car park1 car park
Stamp Duty Paid₹31.25 lakh₹31.25 lakh
Registration Charges₹30,000₹30,000

Source: IGR Maharashtra, compiled by Square Yards


Why This Sale Matters for Homebuyers

📌 1. Oberoi Springs is a Market Benchmark

The sale gives a real, on-record benchmark for pricing in one of Andheri West’s premium residential complexes.
➡️ Impact: Buyers and investors can use this as a reference point while negotiating property prices in nearby luxury towers.

📌 2. Andheri West Remains a Hotspot

Andheri West is known for its connectivity (WEH, Metro, suburban rail), entertainment hubs, and lifestyle amenities. With average luxury flat prices in the ₹6–7 crore range, it continues to attract high-net-worth individuals.
➡️ Impact: Demand remains strong; prices may see further upward pressure due to celebrity-owned deals adding prestige to the area.

📌 3. Transparency Through IGR Filings

The fact that such celebrity transactions are traceable through the IGR portal highlights the importance of transparent property records in Maharashtra.
➡️ Impact: Homebuyers should always cross-check property details via IGR Maharashtra to avoid fraud and verify authenticity.


📊 Fact Box: What is Oberoi Springs?

  • Location: Oshiwara, Andheri West
  • Configuration: 3 high-rise towers, 35+ storeys
  • Amenities: Swimming pool, gym, clubhouse, landscaped gardens
  • Occupants: Popular among film and TV industry celebrities
  • Pricing: Luxury apartments ranging from ₹6 crore to ₹8 crore, depending on size and floor

Expert Take

“Deals like this by high-profile personalities such as Hema Malini reinforce Andheri West’s positioning as a premium micro-market. It also sets a transparent pricing benchmark for buyers in adjoining luxury projects,” said a Mumbai-based property consultant.


About Hema Malini

Known as Bollywood’s “Dream Girl”, Hema Malini has had a celebrated career as an actress, dancer, and filmmaker. Beyond cinema, she has been an elected Member of Parliament from Mathura and remains an influential figure in India’s cultural and political landscape.


Bottom Line for Buyers

  • Benchmarking: Celebrity deals help buyers gauge the true market value of prime properties.
  • Premium Location: Andheri West continues to be a magnet for luxury housing.
  • Transparency: Always verify deals via the IGR portal, which maintains official records.

Also Read: Indiabulls Sky Forest Case: Landmark RERA Ruling Orders Developer to Issue Full Refunds with Interest

You May Also Like

Wagle Estate: Mumbai Metropolitan Region’s Next Commercial Hub

Wagle Estate, once an industrial zone, is transforming into the Mumbai Metropolitan Region’s next commercial powerhouse. With seamless connectivity via Metro Lines, expressways, and upcoming bullet train corridors, this Thane hotspot now boasts luxurious residential options, high rental yields, and rapid infrastructure growth—making it a prime location for investors and businesses alike.

MahaRERA Orders ₹724 Crore Recovery from Builders, Just One-Third of Amount Reached Homebuyers

MahaRERA has issued recovery warrants worth ₹724 crore against builders across Maharashtra, but only one-third of the amount has been recovered so far. Mumbai Suburban and Pune account for the largest unpaid dues, raising concerns over weak enforcement.

Bandra flats sold for record Rs 1.30 lakh per sq ft

Bandra Pali Hill witnessed two flats being sold for a whooping Rs…

Builder to pay interest on interest paid by homebuyer

Builder was asked to refund home loan interest that was paid by…