Actor Purchases 5,682 sq. ft. Carpet Area With Six Parking Slots
National, 18 November 2025: Actor Saif Ali Khan has purchased commercial property worth ₹30.75 crore at Kanakia Wallstreet, Andheri East, marking a significant addition to his real estate investment portfolio.
The transaction was executed by Knight Frank and Volney, a real estate advisory and investor network firm founded by Rohan Sheth. Volney also recently facilitated the office leasing deal for Elon Musk’s SpaceX–Starlink at Kanakia Boomerang in Chandivali.
Details of the Transaction
The acquisition consists of two adjoining office units — 901 and 902 — in Wing A of Kanakia Wallstreet.
Key specifications include:
- Total carpet area: 5,682 sq. ft.
- Salable area: 9,659 sq. ft.
- Parking: 6 car parking spaces
- Seller: Apiore Pharmaceutical, a US-based pharma company
The purchase is understood to be for either personal use or long-term investment.
Location and Occupier Profile
Located in Andheri East, Kanakia Wallstreet has become a preferred commercial hub due to its connectivity to the airport, metro network, and nearby business districts.
The complex houses several well-known occupiers, including Nuvama, Mannapuram Finance, Coca-Cola, Tradebulls, and ICICI Lombard.
Market Context and Expert View
Rohan Sheth, Founder of Volney, said:
“Andheri East has emerged as one of Mumbai’s key commercial corridors due to connectivity, infrastructure, and consistent rental demand. It attracts both institutional and individual investors looking for stable long-term assets.”
He added that there is increasing participation from celebrities and high-net-worth individuals investing in Grade-A commercial spaces as part of their diversification strategy.
Volney currently manages three commercial buildings in Mumbai:
- Kanakia Boomerang, Chandivali
- Trade Centre, BKC
- Kanakia Wallstreet, Powai/Andheri
Industry Perspective
According to market observers, high-profile transactions — including Starlink’s recent Mumbai office deal and Saif Ali Khan’s purchase — indicate continued interest in established business districts. The deals highlight confidence in Mumbai’s commercial real estate market and its stable absorption levels.
Also Read: Elon Musk’s Starlink Satellite Has Inked Its First Major Real Estate Deal In India
