Bollywood actor Ranbir Kapoor has purchased a total of 10.4 hectares (1,04,000 sq m) of agricultural land in Village Pimpri, Taluka Mulshi, District Pune, for a cumulative consideration of Rs 16.42 crore through four separate deeds of conveyance executed on 19 March 2026. The documents were provided by CRE Matrix – A Real Estate Data Analytics Firm. The sellers in all four transactions are Arun Sriram Luthra, Naveen Sriram Luthra and Mala Umesh Mehta. The lands form contiguous or adjoining parcels under Survey Nos. 381 and 382 and were earlier subject to Agreements for Sale registered in June 2025. All deeds were registered at the Mulshi 1 Sub-Registrar office with stamp duty and registration fees totalling Rs 4.28 lakh.

Individual Transactions

1. MLS-3981-2026 (Survey No. 381 Hissa No. 1)

  • Area: 00 Hectares – 89 Ares (0.89 Ha / 8,900 sq m)
  • Consideration: Rs 1,39,95,000 (One Crore Thirty-Nine Lakh Ninety-Five Thousand)
  • Stamp Duty: Rs 35,500 | Registration Fee: Rs 7,000 | Total: Rs 42,500

2. MLS-4007-2026 (Survey No. 382 Hissa No. 1)

  • Area: 02 Hectares – 99 Ares (2.99 Ha / 29,900 sq m)
  • Consideration: Rs 4,62,45,000 (Four Crore Sixty-Two Lakh Forty-Five Thousand)
  • Stamp Duty: Rs 1,03,000 | Registration Fee: Rs 20,500 | Total: Rs 1,23,500

3. MLS-3990-2026 (Survey No. 382 Hissa No. 2)

  • Area: 02 Hectares – 14 Ares (2.14 Ha / 21,400 sq m)
  • Consideration: Rs 3,31,70,000 (Three Crore Thirty-One Lakh Seventy Thousand)
  • Stamp Duty: Rs 1,000 | Registration Fee: Rs 1,000 | Total: Rs 2,000

4. MLS-3987-2026 (Survey No. 381 Hissa No. 2)

  • Area: 04 Hectares – 38 Ares (4.38 Ha / 43,800 sq m)
  • Consideration: Rs 7,07,90,000 (Seven Crore Seven Lakh Ninety Thousand)
  • Stamp Duty: Rs 2,30,000 | Registration Fee: Rs 30,000 | Total: Rs 2,60,000

The lands are described as agricultural parcels in a rural zone. Valuation records accompanying the registrations reference “Hill Stations” purpose and non-agricultural conversion potential under applicable rules, though the deeds themselves convey the lands as agricultural. Payments were made partly prior to the deeds (as recorded in the earlier Agreements for Sale) and the balance by cheques on the date of execution. Document handling charges of Rs 2,200–2,400 per deed were also paid.

This is one of the larger recent land consolidations by a high-profile purchaser in the Mulshi–Pimpri belt, an area that has seen growing interest for residential and leisure developments.

Also Read: Ranbir Kapoor puts his Pune Home on Rent

You May Also Like

Sale Deed Invalid If Not Registered Within 4 Months Of Execution

The Supreme Court of India has issued a stern warning that unregistered agreements may not confer legal title to property, emphasizing that sale deeds must be registered within four months of execution as mandated by the Registration Act, 1908. This comes after a significant ruling in a Telangana land dispute, highlighting the risks of failing to formally register property transfers.

Lodha forays into Powai, with Lodha Bellagio

Lodha forays into Powai, announces the launch of Lodha Bellagio, aims to…

Bombay High Court Upholds ‘Registered Documents Give Notice to the Whole World’ Principle in Landmark Property Dispute

In a decisive judgment on December 8, 2025, the Bombay High Court upheld the principle that registered documents give notice to the whole world, dismissing a 2014 suit over a Pune property as barred by limitation. Pegged on a 1982 MoU ignored for decades, the ruling protects registered transactions and curbs abusive lawsuits.

Date of Possession is Sacrosanct: Tribunal Slams MahaRERA for Illegally Altering Agreed Timeline

In a major victory for homebuyers, MahaREAT has overturned MahaRERA’s order in the Cavansite project case, ruling that the possession date in a registered agreement is sacrosanct and cannot be changed by any authority without mutual consent.