Bollywood playback singer Nitin Mukeshchand Mathur and his son, actor Neil Nitin Mukesh Chand Mathur, have purchased a luxury apartment in Lower Parel, Mumbai, for ₹11.35 crore. The transaction, officially registered in July 2025, was verified through the Inspector General of Registration (IGR) website by Square Yards.

World One by Lodha: Spacious Apartment with Prime Amenities

The apartment, located in World One by Lodha Group, features a RERA carpet area of 189.89 sq. m. (~2,044 sq. ft.) and comes with two car parking spaces. The deal included stamp duty of ₹68.10 lakh and registration charges of ₹30,000.

Lower Parel remains one of Mumbai’s most coveted residential and commercial areas, offering excellent connectivity to Bandra-Kurla Complex (BKC) and Nariman Point. Celebrity residents of the area include Abhishek Bachchan, Shahid Kapoor, Amish Tripathi, and cricketer Zaheer Khan.

A Legacy of Music and Cinema

Nitin Mukesh, renowned for his soulful songs in films like Ram Teri Ganga Maili and Karz, has inspired generations of musicians in India. His son, Neil Nitin Mukesh, has made his own mark as a prominent Bollywood actor. Together, the duo now adds high-end real estate investment in Mumbai to their list of achievements.

Also Read: Apporva Mehta with Karan Johar Image courtesy Apoorva Mehta’s Instagram

The post Neil Nitin Mukesh & Father Nitin Mukesh Buy Luxurious Lower Parel Apartment for ₹11.35 Crore appeared first on Square Feat India.

The Deal

Shroff had purchased the apartment in 2018 for ₹11.62 crore. The sale now reflects a handsome appreciation in value over a period of seven years. The buyer paid ₹93.60 lakh as stamp duty and ₹30,000 in registration charges.

The Apartment – Rustomjee Paramount, Khar

The property is located in Rustomjee Paramount, a luxury residential development in Khar West. Key details include:

• Carpet area: 1,989.72 sq.ft. (~185 sq.m.)
• Built-up area: 2,189 sq.ft. (~203.34 sq.m.)
• Car parking: 3 reserved slots

Rustomjee Paramount is known for its upscale amenities, panoramic city views, and celebrity residents, making it one of the most desirable addresses in suburban Mumbai.

Why Khar is Prime Real Estate

Khar continues to remain one of Mumbai’s most premium real estate markets. It offers a mix of luxury apartments and commercial properties, strong connectivity via the Western Express Highway and upcoming Metro lines, and proximity to business hubs such as Bandra Kurla Complex (BKC), Lower Parel, and the international airport.

The Star Factor

Tiger Shroff, son of veteran actor Jackie Shroff, made his Bollywood debut with Heropanti (2014). He is best known for his action-packed roles, martial arts skills, and dance performances. Beyond films, Shroff has also cultivated a massive fan base for his fitness-driven lifestyle.

This property sale adds another highlight to his off-screen portfolio, showing that his real estate investments have also paid off handsomely.

Also Read: Priyanka Chopra’s Family Leases Pune Property for ₹1.49 Crore Over 5 Years

The post Tiger Shroff Sells Khar Apartment for ₹15.6 Cr, Earns Nearly ₹4 Cr Profit appeared first on Square Feat India.

Prime Location: Borivali East

Borivali East, located on Mumbai’s northwestern edge, is a sought-after locality known for its proximity to iconic attractions such as Sanjay Gandhi National Park and Kanheri Caves, as well as amusement parks like Water Kingdom and Essel World. The area is favored for its green surroundings, excellent connectivity to neighboring regions like Kandivali East, Dahisar East, and Borivali West, and high-quality residential developments.

The sold property is located in Oberoi Realty’s Sky City, a sprawling 25-acre residential project offering ready-to-move-in 3BHK, 3BHK+Studio, and Duplex apartments. The project is known for its luxurious amenities and high market demand.

Apartment Details

As per the IGR documents reviewed, the apartment boasts a carpet area of 1073 sq. ft. (99.71 sq. m) and includes two car parking spaces. The transaction involved a stamp duty payment of Rs. 25.5 lakh and registration charges of Rs. 30,000.

Interestingly, Akshay Kumar had purchased the apartment in November 2017 for Rs. 2.38 crore. Selling it for Rs. 4.25 crore represents a 78% appreciation in value over seven years.

Market Insights: Oberoi Sky City

Square Yards Data Intelligence reveals robust market activity in Oberoi Sky City. Between January and December 2024, the project recorded 216 sale registrations with a total transaction value of Rs. 848 crore. The average resale price for properties in the project currently stands at Rs. 39,522 per sq. ft., reflecting its premium appeal and strong market demand.

Bollywood’s Real Estate Presence

Akshay Kumar is not the only Bollywood star with a stake in Oberoi Sky City. Other prominent actors, including Amitabh Bachchan and Abhishek Bachchan, also own properties in this premium residential project, as per IGR property registration records.

Akshay Kumar: A Bollywood Icon

Known as the “Khiladi of Bollywood,” Akshay Kumar has built a legacy as one of Indian cinema’s most versatile and bankable actors. With a career spanning over three decades and more than 100 films, he has earned numerous accolades, including the National Film Award for Best Actor for Rustom and multiple Filmfare Awards.

Beyond his cinematic success, Akshay Kumar is celebrated for his disciplined lifestyle and philanthropic initiatives. A Padma Shri honouree, he remains an influential figure both on and off the screen.

Real Estate Trends

Akshay Kumar’s sale highlights the ongoing demand for premium residential properties in Mumbai’s real estate market. With steady appreciation in property values and robust market activity, projects like Oberoi Sky City continue to attract buyers and investors alike.

Also Read: Housing Sector seeks to capitalize on Akshaya Tritiya

The post Akshay Kumar Sells Mumbai Apartment for Rs. 4.25 Crore in 2025, Bought at Rs. 2.38 Crore in 2017 – A 78% Appreciation appeared first on Square Feat India.

Three Sixty West, developed by Oberoi Realty, is a luxury residential complex spread across 1.58 acres, offering 4 and 5 BHK ready-to-move-in apartments. Shahid’s new lease agreement, which was registered on November 7, 2024, is for a term of 60 months (five years). The agreement involves an initial security deposit of Rs. 1.23 crore and follows a tiered rental structure, starting at Rs. 20.5 lakh per month. The rent will gradually increase to Rs. 23.98 lakh by the end of the term. Notably, the agreement also includes a rent-free period for the first 10 months.

The property has been leased to Dipan Bhuptani of D’Decor Home Fabrics, a well-known name in the textile industry. This lease marks another example of Bollywood celebrities renting out their luxury properties, with other stars such as Kartik Aaryan, Ranveer Singh, and producer Sajid Nadiadwala also recently following suit.

Beyond his real estate ventures, Shahid Kapoor continues to shine as one of Bollywood’s most versatile actors. His recent performance in Farzi, his digital debut, earned widespread critical acclaim, while his portrayal in Jersey garnered praise and major award nominations. Known for his intense roles in films like Kabir Singh and Haider, Kapoor’s ability to effortlessly navigate across genres has solidified his place as a powerhouse performer in Indian cinema.

Also Read: Shahid Balwa In Uddhav Govt’s Crucial Committee.

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