Bollywood singer Shaan (real name Shantanu Mukherji) and his wife Radhika Mukherji have purchased three luxury residential flats in the high-end Palmera building on Turner Road, Bandra (West), Mumbai, for a combined consideration of ₹47.63 crore (precisely ₹47,63,58,120). The Agreements for Sale were executed around mid-to-late August 2026 with promoter NVK Realty LLP and registered at the Mumbai sub-registrar office.
The documents were provided by CRE Matrix, a real estate data analytics firm.
All three units are identical in size — RERA carpet area of 194.10 sq m (2,089.29 sq ft) each — and come with rights to three car parking spaces. The project, registered under MahaRERA number P51800033870, is a mixed-use development on Final Plot No. 8 of Town Planning Scheme II, Bandra (CTS No. F/1176). It comprises three basements, two commercial floors, five podium levels and 16 residential floors. Possession is scheduled by 31 December 2026. Amenities listed include a well-designed entrance lobby, visitor lounge, gymnasium, common recreational area and swimming pool.
Flat 1802 (18th floor / 12th habitable floor) Purchaser: Shantanu Mukherji alone. Sale consideration: ₹15,87,86,040. Agreement dated 20 August 2026 (registered as BOMB15-18150-2026). Stamp duty and registration fees totalled ₹95,58,000 (calculated at the higher 5% + 1% rates on the agreement value).
Flat 1801 (18th floor / 12th habitable floor) Purchaser: Radhika Mukherji alone. Sale consideration: ₹15,87,86,040. Agreement dated around 19–20 August 2026 (registered as BOMB15-18149-2026). Stamp duty and registration fees totalled ₹79,70,000 (at 4% + 1% rates).
Flat 1502 (15th floor / 9th habitable floor) Purchasers: Radhika Mukherji and Shantanu Mukherji jointly. Sale consideration: ₹15,87,86,040. Agreement dated around 20 August 2026 (registered as BOMB15-18148-2026). Stamp duty and registration fees totalled ₹95,58,000 (at the higher rates).
The two 18th-floor apartments sit on the same level, while the third is three floors lower. In each case a portion of the consideration (₹87,86,040) had already been paid at the time of the agreement. The buyers’ address is listed as Fortune Enclave, Khar West.
The combined outlay of nearly ₹47.64 crore for three large apartments in a prime Bandra West location underscores continued demand for high-end residential inventory in the suburb even as the project nears completion. NVK Realty LLP holds a 61% undivided share in the land; the remaining 39% is held by co-landowners Mala Sinha and Pratibha Rokad.
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