Renowned Bollywood filmmaker Subhash Ghai has sold two residential apartments in Jogeshwari, Mumbai, for a total of ₹11.61 crore, according to property registration documents reviewed by Square Yards. The properties, registered under Mukta Tele Arts Private Limited, were part of Splender Complex Co-op Housing Society Ltd., a residential project developed by Oberoi Realty. The transactions were officially registered in March 2025.
Details of the Transactions
As per the documents available on the Inspector General of Registration (IGR) Maharashtra website accessed by Square Yards, Ghai sold two apartments within the same complex, on the same floor, for an identical price of ₹5.80 crore each.
- First Apartment
- Sale Price: ₹5.80 crore
- Carpet Area: 889 sq. ft (~82.59 sq. m)
- Built-up Area: 1,067 sq. ft (~99.14 sq. m)
- Stamp Duty: ₹34.83 lakh
- Registration Fee: ₹30,000
- Second Apartment
- Sale Price: ₹5.80 crore
- Carpet Area: 889 sq. ft (~82.59 sq. m)
- Built-up Area: 1,067 sq. ft (~99.14 sq. m)
- Stamp Duty: ₹34.83 lakh
- Registration Fee: ₹30,000
Why Jogeshwari?
Jogeshwari, located in Mumbai’s western suburbs, is known for its excellent connectivity to key commercial and entertainment hubs. The area is well-connected through:
- Western Express Highway
- Jogeshwari-Vikhroli Link Road (JVLR)
- Multiple railway stations and metro lines
This makes it a sought-after location for real estate investments, offering a blend of residential convenience and commercial accessibility.
About Subhash Ghai
Often referred to as the “Showman of Bollywood,” Subhash Ghai is a legendary filmmaker who has delivered iconic films like Ram Lakhan, Khalnayak, Taal, Pardes, and Saudagar. Over the years, he has won several prestigious accolades, including the Filmfare Award for Best Director and the National Film Award for his contributions to Indian cinema.
Apart from filmmaking, Ghai is also the founder of Whistling Woods International, one of India’s leading film schools, where he has been instrumental in mentoring aspiring filmmakers.
Market Impact
The sale of these premium apartments highlights the continued demand for high-end residential properties in Mumbai’s western suburbs. Industry experts believe that transactions like these further strengthen Jogeshwari’s reputation as a growing real estate hub.
For more updates on Mumbai’s real estate market, stay tuned.
Also Read: Subhash Ghai and Wife Mukta Ghai Buy ₹24 Crore Luxury Apartment in Mumbai’s Bandra
