The property, situated in the Crest Mukta building, has a built-up area of 7,500 sq. ft., and sits in one of Mumbai’s most active and high-value commercial zones. The lease begins with a monthly rent of ₹3.38 lakh in the first year, escalating to ₹4.11 lakh by the fifth year—amounting to an average annual increase of about 5%.

The lease agreement was registered with stamp duty of ₹57,500 and registration fees of ₹1,000. A security deposit of ₹24.66 lakh was also made by the tenant as part of the deal.

Andheri West remains one of the most prominent commercial and residential hubs in Mumbai, offering excellent connectivity to the Western Express Highway, metro lines, Andheri Railway Station, and Mumbai International Airport. Its mix of premium housing, office spaces, and retail establishments continues to attract top investors and tenants.

This deal adds to Ghai’s growing real estate footprint. In February 2025, Subhash Ghai and his wife Mukta Ghai purchased a ₹24 crore apartment in Bandra West.

Widely regarded as a legendary name in Hindi cinema, Subhash Ghai is known for iconic films such as Karz (1980), Hero (1983), and Ram Lakhan (1989). He also founded Whistling Woods International, a premier film and media institute, in 2006.

Also Read: Subhash Ghai and Wife Mukta Ghai Buy ₹24 Crore Luxury Apartment in Mumbai’s Bandra

The post Subhash Ghai Leases Out Andheri West Commercial Property, to Earn ₹2.24 Crore Over 5 Years appeared first on Square Feat India.

The sale encompasses two contiguous land parcels totaling 9,664.68 square meters (approximately 2.39 acres) and includes three constructed buildings with a cumulative built-up area of 45,572.14 square meters (approximately 4,90,534 sq. ft.). The site is currently home to Balaji IT Park. The deal incurred a stamp duty of Rs 8.69 crore and registration charges of Rs 30,000.

The acquirer is NTT Global Data Centers & Cloud Infrastructure India Private Limited, previously known as Netmagic IT Services Private Limited. The company is a key player in the data center and cloud services industry, offering a comprehensive suite of services including public and private cloud solutions, hosting, data management, application development, and cybersecurity.

The strategically located Andheri property boasts excellent connectivity, situated between Mumbai’s prominent business and entertainment hubs. Its accessibility is further enhanced by the Western Express Highway, Link Road, SV Road, and the Versova-Andheri-Ghatkopar Metro line. Over the years, Andheri has transformed into a vibrant commercial and residential destination, featuring a blend of modern office complexes, co-working spaces, upscale retail, entertainment centers, and premium residential developments.

The selling entities, Pantheon Buildcon Private Limited and Tusshar Infra Developers Private Limited, are owned by Jeetendra Kapoor and his family. Jeetendra Kapoor, a legendary figure in Hindi cinema, has starred in over 200 films spanning more than six decades. His daughter, Ekta Kapoor, is a prominent producer and director, currently serving as Joint Managing Director and Creative Head of Balaji Telefilms Limited. His son, Tusshar Kapoor, is also actively involved in the entertainment industry as an actor and producer.

Also Read: Jaideep Ahlawat Buys Rs. 10 Crore Apartment in Andheri West, Mumbai

The post Jeetendra Kapoor Family Firms Sell Prime Andheri Land for Rs 855 Crore to NTT Global Data Centers appeared first on Square Feat India.

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

The post Subhash Ghai Sells Two Apartments in Mumbai’s Jogeshwari for ₹11.61 Crore appeared first on Square Feat India.

Bollywood superstar Akshay Kumar has sold two residential units in Oberoi Sky City, Borivali, Mumbai, for a total of ₹6.6 crore, as per property registration documents reviewed by Square Yards on the Inspector General of Registration (IGR) Maharashtra website. Both transactions were officially registered in March 2025.

Prime Location: Borivali’s Rising Real Estate Appeal

Borivali, located in northwestern Mumbai, is known for its proximity to Sanjay Gandhi National Park, Kanheri Caves, and popular amusement parks like Water Kingdom and Essel World. Borivali East, in particular, is sought after for its greenery and connectivity to key areas like Kandivali East, Dahisar East, and Borivali West.

Oberoi Sky City, developed by Oberoi Realty, is a premium residential project spanning 25 acres, offering 3BHK, 3BHK+Studio, and Duplex apartments. The project has seen strong demand in the real estate market, evident from the significant appreciation in property prices over the years.

Transaction Details: Significant Gains for Akshay Kumar

According to IGR Maharashtra records, Akshay Kumar has made substantial profits on both properties:

• First Apartment: Sold for ₹5.35 crore, originally purchased in November 2017 for ₹2.82 crore. This marks an 89% appreciation in value. The apartment has a carpet area of 100.34 sq. m (1,080 sq. ft). The transaction incurred a stamp duty of ₹32.1 lakh and a registration fee of ₹30,000.
• Second Apartment: Sold for ₹1.25 crore, initially bought in 2017 for ₹67.19 lakh, reflecting an 86% appreciation. The unit, with a carpet area of 23.45 sq. m (252 sq. ft), incurred a stamp duty of ₹7.5 lakh and a registration fee of ₹30,000.

Bollywood’s Growing Investment in Real Estate

Akshay Kumar is not the only Bollywood celebrity making real estate moves in Oberoi Sky City. In May 2024, actors Amitabh Bachchan and Abhishek Bachchan also acquired multiple properties in the same project, highlighting the increasing interest of film industry personalities in Mumbai’s luxury housing market.

Oberoi Sky City has witnessed remarkable market activity, with 208 sale registrations amounting to ₹818 crore between March 2024 and February 2025. The project’s average resale price is ₹44,577 per sq. ft, demonstrating its high value in Mumbai’s real estate landscape.

Akshay Kumar: A Versatile Actor and Savvy Investor

Beyond his property investments, Akshay Kumar has had a stellar career spanning over three decades. Known for his disciplined approach and versatility, he won the National Film Award for Best Actor in 2017 for “Rustom” and has received multiple Filmfare nominations for films like “Airlift” and “Kesari.” The actor was also honored with the Padma Shri, India’s fourth-highest civilian award, for his contributions to cinema and social causes.

Analysis: A Smart Investment Move

Akshay Kumar’s latest property sale underscores the strong appreciation of Mumbai’s real estate market, particularly in premium projects like Oberoi Sky City. His nearly 90% return on investment over seven years highlights the potential of strategic real estate investments in Mumbai’s fast-growing suburban areas.

Borivali, once considered a distant suburb, has evolved into a sought-after residential hub due to improved infrastructure and connectivity. The sale also indicates that luxury properties in well-established projects continue to attract high-end buyers, reaffirming Mumbai’s reputation as a lucrative real estate market.

For investors and homebuyers, Kumar’s sale serves as a testament to the value of long-term investments in prime locations, reinforcing the importance of choosing reputed developers and appreciating micro-markets.

Also Read: akshay kumar buys a house

The post Akshay Kumar Sells Two Apartments in Mumbai for ₹6.6 Crore appeared first on Square Feat India.

According to property registration documents accessed by SquareFeatIndia, Shah Rukh Khan has signed a three-year lease agreement for these apartments at an annual rent of Rs 2.9 crore, totaling Rs 8.67 crore over the lease term. The combined monthly rent for both duplexes amounts to Rs 24.15 lakh. The lease agreements were officially registered on February 14, with a stamp duty of Rs 2.22 lakh and a registration fee of Rs 2,000.

The apartments, located in the Puja Casa building, span the first, second, seventh, and eighth floors and belong to Bollywood’s Bhagnani family. One unit, owned by actor-producer Jackky Bhagnani and his sister Deepshikha Deshmukh, has been leased by Shah Rukh Khan for Rs 11.54 lakh per month, with a security deposit of Rs 32.97 lakh. The other, owned by veteran producer Vashu Bhagnani, has been rented for Rs 12.61 lakh per month, with a security deposit of Rs 36 lakh. Both leases are set for a duration of 36 months.

Despite these significant rental agreements, it remains unclear whether Shah Rukh Khan is planning to move out of Mannat. The recent approvals for expanding the bungalow suggest continued investment in the property, yet the new rentals indicate a possible shift. Whether these apartments are meant for personal use, professional purposes, or a transitional phase remains uncertain, leaving room for speculation about the superstar’s next move.

Also Read: Shahrukh khan to add two floors in Mannat Annexe

The post Is Shah Rukh Khan Temporarily Moving Out Of Mannat? appeared first on Square Feat India.

Juhu, one of Mumbai’s most sought-after residential areas, is home to several Bollywood celebrities and is known for its scenic coastline, high-end restaurants, and strategic connectivity. The locality provides easy access to the Western Express Highway, Mumbai Metro, and the international airport. Prominent film personalities like Varun Dhawan, Janhvi Kapoor, Kartik Aaryan, and Shakti Kapoor also own properties in the area.

Singh’s newly acquired property is located in the Peninsula building within Nutan Laxmi Cooperative Housing Society Limited, a ready-to-move-in residential project. The apartment spans a built-up area of 252.04 square meters (approximately 2,712.9 square feet) and includes three car parking spaces. The transaction involved a stamp duty payment of Rs. 90 lakh and a registration charge of Rs. 30,000.

Amrita Singh rose to fame in the 1980s with her debut film Betaab (1983), which became a major hit. She went on to deliver several acclaimed performances in films like Mard, Naam, Chameli Ki Shaadi, and Raju Ban Gaya Gentleman. After a brief hiatus, Singh made a successful comeback with roles in Kalyug and Shootout at Lokhandwala, reaffirming her versatility. Her role in Aaina won her the Filmfare Award for Best Supporting Actress, and she later received praise for her performance in 2 States.

Her latest property investment highlights the continued demand for luxury real estate among Bollywood celebrities in Mumbai’s prime locations.

Also Read: Zaheer Khan, Sagarika Ghatge, and Shivjeet Ghatge Purchase Luxury Apartment in Mumbai for Rs 11 Crore

The post Bollywood Actress Amrita Singh Buys ₹18 Crore Apartment in Juhu appeared first on Square Feat India.

A Premium Investment in Lower Parel

Lower Parel, a prime residential and commercial locality in Mumbai, has become a preferred destination for celebrities and business professionals. The area boasts excellent connectivity to major business hubs like Bandra-Kurla Complex (BKC) and Nariman Point. Several Bollywood personalities, including Abhishek Bachchan, Shahid Kapoor, and writer Amish Tripathi, have also invested in properties in this sought-after location.

Details of the Property

The newly acquired apartment is situated in Indiabulls Sky, a premium residential development by Equinox India Developments Limited. As per RERA records, this ready-to-move-in project spans three acres and features luxury residences with configurations ranging from 3 to 6 BHK.

The apartment purchased by Zaheer Khan and his family spans a carpet area of 2,158 sq. ft. (~200.47 sq. m) and a built-up area of 240.58 sq. m (~2,590 sq. ft.). It also includes three car parking spaces. The deal involved a stamp duty payment of Rs. 66 lakh and a registration charge of Rs. 30,000.

Real Estate Trends at Indiabulls Sky

According to Square Yards’ Project Data Intelligence, Indiabulls Sky witnessed two property transactions amounting to Rs. 23 crore between February 2024 and January 2025. The current average resale price in the project stands at Rs. 49,096 per sq. ft., reflecting the high value of real estate in the area.

Zaheer Khan: A Cricketing Legend

Zaheer Khan, a stalwart of Indian cricket, played for the national team in all formats from 2000 to 2014. He was instrumental in India’s 2011 Cricket World Cup triumph and was also part of the squad that shared the 2002 ICC Champions Trophy. For his contributions to Indian sports, he was honored with the Arjuna Award in 2011. Zaheer retired from international and first-class cricket in October 2015.

A Power Couple in Sports and Entertainment

Zaheer Khan and Sagarika Ghatge, who tied the knot in 2017, are a well-known power couple. While Zaheer made his mark in cricket, Sagarika gained fame for her role in the Bollywood film Chak De! India and was also a former national-level hockey player. Their investment in Mumbai’s luxury real estate market adds to their growing portfolio of high-end assets.

With this acquisition, Zaheer Khan, Sagarika Ghatge, and Shivjeet Ghatge join the league of elite homeowners in Mumbai’s prime real estate sector.

Also Read: adani real estate

The post Zaheer Khan, Sagarika Ghatge, and Shivjeet Ghatge Purchase Luxury Apartment in Mumbai for Rs 11 Crore appeared first on Square Feat India.

Veteran Bollywood director Subhash Ghai and his wife Mukta Ghai have purchased a luxury apartment in Bandra West, Mumbai, for ₹24 crore, according to property registration documents reviewed by SquareFeatIndia and provided by Square Yards from the office of Inspector General of Registration (IGR) (igrmaharashtra.gov.in). The transaction was officially registered on February 3, 2025.

Bandra, a prime residential hub, is highly sought after due to its proximity to Bandra Kurla Complex (BKC), Mumbai’s key commercial district. The area boasts excellent connectivity via the Western Express Highway, Bandra-Worli Sea Link, international airport, and the upcoming metro. It is home to several Bollywood celebrities, including Suniel Shetty, Ranveer Singh, Deepika Padukone, Sonakshi Sinha, and sports personalities like KL Rahul and Athiya Shetty.

Details of Ghai’s New Apartment

The couple’s new home is located in 81 Aureate, a high-end residential project by MJ Shah Group, spread across 4.48 acres. The apartment features a 4 BHK layout with a carpet area of 4,364 sq. ft. (405.42 sq. m.) and a built-up area of 5,239 sq. ft. (486.69 sq. m.). The purchase includes three car parking spaces.

As per IGR property registration records, the transaction incurred a stamp duty of ₹1.44 crore and registration charges of ₹30,000.

High-Value Transactions in 81 Aureate

Square Yards’ Project Data Intelligence indicates that between February 2024 and January 2025, a total of eight transactions amounting to ₹76 crore were recorded in 81 Aureate. The average resale price for a 4 BHK in the project currently stands at ₹51,636 per sq. ft., while the average monthly asking rent is ₹8.5 lakh.

In a separate recent transaction, Bollywood actress Sonakshi Sinha sold an apartment in the same building for ₹22.50 crore. However, IGR records confirm that she still owns another unit in the project.

Subhash Ghai’s Legacy in Bollywood

Subhash Ghai is a celebrated Indian filmmaker known for directing and producing some of Bollywood’s most iconic films. His illustrious career spans decades, with classics such as Kalicharan (1976), Karz (1980), Hero (1983), Karma (1986), Ram Lakhan (1989), Saudagar (1991), Khalnayak (1993), Pardes (1997), and Taal (1999). Renowned for his storytelling, music, and character-driven narratives, Ghai remains one of the most influential figures in Hindi cinema.

With this high-value real estate purchase, the filmmaker joins the growing list of Bollywood personalities investing in Mumbai’s luxury housing market.

Also Read: Sonakshi Sinha Buys Bandra Home for Rs 11 Crore

The post Subhash Ghai and Wife Mukta Ghai Buy ₹24 Crore Luxury Apartment in Mumbai’s Bandra appeared first on Square Feat India.

The luxurious property, located in The Atlantis residential project by Crystal Group, spans a built-up area of 529.94 sq. m (approximately 5,704 sq. ft) with a carpet area of 5,185.62 sq. ft. It also includes a terrace measuring 445.93 sq. m (around 4,800 sq. ft) and six mechanized car parking spaces. The Atlantis is a high-end development in Oshiwara, a bustling western Mumbai neighborhood known for its connectivity and proximity to the Lokhandwala Complex.

Bachchan originally purchased the property in April 2021 for Rs. 31 crore, achieving a remarkable 168% appreciation in value over four years. The property was also leased to actress Kriti Sanon in November 2021 at a monthly rent of Rs. 10 lakh and a security deposit of Rs. 60 lakh.

Amitabh Bachchan, often referred to as the “Shahenshah of Bollywood,” has been a towering figure in Indian cinema for over five decades. With acclaimed performances in iconic films such as Sholay, Deewar, and Piku, he has won numerous accolades, including four National Film Awards, the Dadasaheb Phalke Award, and multiple Filmfare trophies. He has also been honored with the Padma Shri, Padma Bhushan, and Padma Vibhushan for his contributions to Indian cinema.

This high-value transaction underscores the continued demand for premium properties in Mumbai’s real estate market, especially in sought-after locations like Oshiwara.

Also Read: Abhishek Bachchan sells Worli Flat for Rs 45.75 crore

The post Amitabh Bachchan Sells Duplex Apartment in Mumbai for Rs. 83 Crore appeared first on Square Feat India.

The property, situated on the 34th floor of the Cypress Building (Building 6A), boasts a carpet area of 158.12 square meters as per RERA norms, along with an additional deck area of 21.46 square meters. The deal also includes three dedicated car parking spaces, ensuring ample convenience for the new homeowner. The details are as per the document accessed by SquareFeatIndia, from the registration department.

The agreement was finalized on December 27, 2024, with a stamp duty payment of ₹29.66 lakh. Raheja Universal Private Limited’s Senior Vice President of Corporate Strategy, Sudhir K. Thakkar, represented the seller in the transaction.

Raheja Exotica is known for its premium lifestyle offerings, with state-of-the-art amenities and scenic views, making it a sought-after address among Mumbai’s elite. The luxury property adds to Jubin Nautiyal’s portfolio of investments and reflects his rising stature in the entertainment industry.

Jubin Nautiyal, renowned for his soulful voice, continues to mesmerize fans with his chart-topping hits, and this new purchase is another milestone in his flourishing career.

Also Read: 3.1 Million Square Feet Added to India’s Retail Mall Portfolio in Q4 2023, Surpasses Pre-Pandemic Levels

The post Singer Jubin Nautiyal Buys 4BHK Luxury Apartment in Mumbai for ₹4.94 Crore appeared first on Square Feat India.