Raj Kundra who has been in news for various reasons including his stay behind the bars, is once again making headlines. This time for transferring five flats costing Rs 38.5 Crore to his wife Shilpa Shetty.

By Varun Singh

Raj Kundra alias Ripu Sudan Kundra is in news regarding a case related to pornography. However, here we are not talking about his cases, but a real estate transaction concerning him and his wife Shilpa Shetty.

Raj Kundra and Shilpa Shetty
Raj Kundra and Shilpa Shetty

Shilpa Shetty Kundra got transferred five flats worth Rs 38.5 crore from her husband Ripu Sudan Kundra alias Raj Kundra in Juhu.

According to documents accessed by SquareFeatIndia, the five flats are located in the building named Ocean View in Juhu. The flats are 101, 102, 103, 104 and 105. Along with the apartments Shilpa Shetty got transferred on her name the entire stilt car parking.

Watch this story on YouTube

The total area mentioned in the registration documents is 557.12 square meters, which translates into 5,996.84 square feet.

Shilpa Shetty
Shilpa Shetty

Documents reveal that Ripu Sudan Kundra aged 46 transferred the five flats to Shilpa Shetty Kundra aged 46, on January 24, 2022. The documentation regarding the transfer was carried out on January 21, 2022.

A stamp duty of Rs 1.92 crore was paid for the transfer of the property, according to documents, the ready reckoner market rate of the property stands at Rs 25.33 crore, which is almost Rs 13 crore less than at which Shilpa got it transferred from her husband Raj Kundra.

Shilpa Shetty
Shilpa Shetty

The documents also reveal that the address of both Raj Kundra and Shilpa Shetty are the same premises which now has been transferred by the husband to the wife for a consideration of Rs 38.5 crore.

Shilpa made her debut in the hindi film Baazigar with Kajol and Shah Rukh Khan as her costars. She currently is part of the talent show on Sony TV. She is mostly seen these days as a judge of several talent shows.

Also Read: Hrithik Roshan’s rent for this Juhu flat will shock you

You May Also Like

Kartik Aaryan Buys Rs. 13 Crore Office in Mumbai’s Andheri West With Parents

Bollywood actor Kartik Aaryan and his parents have purchased a Rs. 13 crore office in Andheri West’s Signature by Lotus project. The September 2025 deal covers ~2,095 sq. ft. built-up area, 3 car parks, and stamp duty of Rs. 78 lakh, highlighting strong celebrity confidence in Mumbai’s commercial property market.

Union Minister Piyush Goyal Shares His Struggles with Mumbai Developer

Piyush Goyal recently shared his personal struggles with a Mumbai developer at an event organized by the developer fraternity. He recounted how, despite purchasing his home in 2010, it took five years to obtain the Occupation Certificate after the property was completed in 2012. Goyal’s experience highlights the challenges many homebuyers faced in the pre-RERA era and underscores the need for ongoing reforms in the real estate sector.

Panvel’s Housing Price Surge Outshines Prime Worli in MMR: Peripheral Areas Outpace City Centers in Growth

Mumbai’s peripheral Panvel recorded a 58% surge in housing prices, outshining Worli’s 37% growth over six years. ANAROCK Research reveals similar trends across India, where improved connectivity and infrastructure have boosted peripheral areas, making them strong competitors to traditional prime locations. Explore the rising demand for affordable, spacious housing.

Maha to Recover Govt Housing Dues Directly from Employee’s Pension After Retirement

Maharashtra govt allows direct recovery of housing dues from pension if unpaid after retirement, under new June 2026 rules.