Bollywood actor Salman Khan has sold a residential flat in Bandra West’s Shiv-Asthan Heights for a lump-sum consideration of Rs 3,50,00,000 (Rs 3.5 crore), according to registration documents accessed by Square Feat India. The documents pertaining to this transaction were provided by CRE Matrix, a real estate data analytics firm.
As per the Agreement for Sale, registered on 9th July 2026 (document number MBI11-14803-2026), Salman Salim Khan transferred Flat No. 1401 on the 14th floor of Shiv-Asthan Heights, standing on Plot No. 31 of TPS III, 16th Road, Bandra West, to three buyers — Munira Akberali Dandawala (also recorded as Muneera Akberali Dandawala), Mahdiali Akberali Dandawala, and Zehra Mahdiali Dandawala.
The flat admeasures 758 square feet of carpet area and comes with 10 fully paid-up shares of the Shiv-Asthan (Khar) Co-operative Housing Society Limited, bearing distinctive numbers 501 to 510. The sale also includes two car-parking spaces — one located on the ground floor and one on the first podium level of the building.
The transaction structure, as laid out in the agreement, involved a lump-sum payment of Rs 3,50,00,000, broken into three components: Rs 2,46,50,000 paid at the time of execution of the agreement, Rs 3,50,000 withheld as Tax Deducted at Source (TDS) and deposited into the government account, and the balance Rs 1,00,00,000 payable on the completion date, which was fixed as 15th July 2026.
The stamp duty paid on the transaction was Rs 21,00,000, with an additional registration fee of Rs 30,000, taking the total statutory outgo to Rs 21,30,000. The government valuation (ready reckoner value) of the property was recorded at Rs 3,45,11,665, against which the actual transacted value of Rs 3.5 crore reflects a premium over the circle rate.
The document also reveals that Salman Khan executed the agreement through a General Power of Attorney holder — his mother, Salma Khan — who signed on his behalf. Separately, the buyers acted through their own power of attorney arrangements for signing formalities. The property in question was originally acquired by Salman Khan via an Agreement for Sale dated 21st September 2015 with Zears Developers Private Limited, with possession handed over in January 2017. The building received its full occupancy and completion certificate from the Municipal Corporation of Greater Mumbai in January 2017.
The society, Shiv-Asthan (Khar) Co-operative Housing Society Limited, registered under registration number BOM/HSG/2839 of 1971, issued its No-Objection Certificate for the transfer on 25th June 2026, confirming that all society dues on the flat had been cleared till 30th June 2026.
This transaction adds to the steady stream of high-value residential deals being registered in Bandra West, one of Mumbai’s most sought-after micro-markets, where celebrity and HNI property transactions continue to draw attention from homebuyers and market watchers alike.
Also Read: Salman Khan’s sister Arpita sells her Bandra flat for ₹22 crore.
