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.

The property, situated in the upscale Kohinoor Altissimo residential project developed by Kohinoor CTNL Infrastructure Company Pvt Ltd, boasts a spacious built-up area of 184.42 sq. m. (1,985.04 sq. ft.) and a carpet area of 1,803.94 sq. ft. (167.55 sq. m.). The luxurious apartment also includes two car parking spaces.

According to the property registration documents available on the website of the Inspector General of Registration (IGR) Maharashtra, the deal incurred a security deposit of ₹27.16 lakh and registration charges amounting to ₹30,000.

Prime Location and Connectivity

Dadar West, one of Mumbai’s most sought-after residential localities, is renowned for its strategic connectivity and well-established infrastructure. It serves as a key transit hub, offering seamless rail and road connectivity. The area connects both Western and Central railway lines and is situated near major highways like the Eastern and Western Express Highways. Additionally, the locality is in proximity to prime destinations such as Shivaji Park, Prabhadevi, Matunga, and Worli, making it a preferred choice among homebuyers and investors.

Gauri Khan’s Real Estate Investment Journey

The Kohinoor Altissimo property was originally purchased by Gauri Khan in August 2022 for ₹8.5 crore. The recent sale at ₹11.61 crore highlights a robust return on investment, reflecting the high demand and escalating property values in Dadar West.

About Gauri Khan

Gauri Khan, apart from being the wife of Bollywood icon Shah Rukh Khan, is a celebrated interior designer and entrepreneur. She has made a mark not only in the design world but also in the entertainment industry as the co-founder of Red Chillies Entertainment. Known for her signature luxury designs under the label Gauri Khan Designs, she has worked with high-profile clients and curated lavish interiors. Her contributions to both film and design have earned her several accolades, including recognition in Forbes India’s list of powerful women.

Luxury Real Estate Trends

The impressive appreciation in Gauri Khan’s Dadar West property indicates a continued upward trend in Mumbai’s luxury real estate market. The area’s premium connectivity and elite residential projects continue to attract affluent buyers and investors, contributing to the rising property prices.

Conclusion

This successful transaction underscores the growing value of strategically located luxury properties in Mumbai. Gauri Khan’s profitable sale not only highlights her acumen as a real estate investor but also emphasizes Dadar West’s status as a prime real estate destination.

Also Read: Shah Rukh Khan Seeks Rs 9 Crore Refund from Maharashtra Government for ‘Mannat’ Land

The post Gauri Khan Sells Dadar Apartment for ₹11.61 Crore, For 37% Profit appeared first on Square Feat India.

The apartment, measuring 81.84 sq. m. (approximately 881 sq. ft.), incurred a stamp duty payment of Rs.36.66 lakh and registration charges of Rs.30,000. Situated on Juhu Tara Road, this property forms part of a highly coveted residential enclave favored by Bollywood celebrities.

Adding an intriguing twist to the property’s history, the flat boasts a star-studded background. In 2019, actress Shraddha Kapoor gifted her 50% share—measuring 40.92 sq. m.—in the property to her father, Shakti Kapoor, as a heartfelt gesture. The remaining 50% was jointly owned by Shraddha Kapoor and her mother, Shivangi Kapoor, with Shivangi opting to sell her share to Shakti Kapoor for Rs.1.30 crore. The registration document for the transfer between Shraddha and Shakti attracted a stamp duty of Rs.5.14 lakh, while the one for the transaction between Shivangi and Shakti required Rs.7.80 lakh.

Shortly after acquiring the property from his daughter and wife, Shakti Kapoor leased it out on rent, further adding to its notable history. Known for his iconic roles in films such as Raja Babu, Andaz Apna Apna, and ChaalBaaz, Shakti Kapoor’s enduring career in Hindi cinema underscores his status both on and off the screen.

This sale not only highlights the high value associated with Juhu real estate but also illustrates how personal family gestures and celebrity connections can significantly influence property ownership dynamics in Mumbai’s competitive market.

Also Read: Bhushan Kumar Of T-Series Paid Rs 167 Crore For Juhu Bungalow

The post SHAKTI KAPOOR SELLS JUHU APARTMENT FOR RS.6.11 CR; SHRADDHA KAPOOR HAD GIFTED 50% SHARE IN 2019 appeared first on Square Feat India.

According to property registration documents, the sale includes four dedicated car parking spaces, and the buyers paid ₹4.8 crore in stamp duty for the transaction.

A Lucrative Investment Over the Years

Akshay Kumar originally purchased the apartment in August 2015 for ₹27.94 crore. The following month, in September 2015, he and the developers facilitated another sale, transferring a separate flat within the same project to Twinkle Khanna for ₹32 crore.

Over the years, Three Sixty West has emerged as one of Mumbai’s most coveted residential addresses, housing some of the city’s elite, including top industrialists, Bollywood celebrities, and high-net-worth individuals.

While details of the buyer remain undisclosed, this sale underscores the continued demand for ultra-luxury homes in Mumbai, particularly in premium locations like Worli, which offer a combination of world-class amenities, breathtaking sea views, and seamless connectivity.

The couple’s decision to offload this high-value asset aligns with a broader trend among Bollywood celebrities who have been making strategic real estate transactions, either to upgrade, consolidate, or restructure their property holdings. Whether Akshay Kumar and Twinkle Khanna plan to reinvest in another luxury home or shift their focus elsewhere remains to be seen.

Also Read: Akshay Kumar sells his property to Daboo Malik

The post Akshay Kumar and Twinkle Khanna Sell Luxury Worli Apartment for ₹80 Crore appeared first on Square Feat India.

All four properties were located on the 61st level of Palais Royale, with each unit selling for Rs 81 crore. The seller of the flats was Honest Shelters Pvt Ltd, the developer behind the iconic skyscraper. These deals involved buyers who took advantage of the special discount for women buyers, as they were eligible for a 1% stamp duty reduction.

Breakdown of the Deals:

First Deal (December 20, 2024)

• Buyer: Ziya Malik Lalji
• Flat: Residential Unit No. 61 SW, Level 61, Palais Royale, Ganpatrao Kadam Marg, Worli, Mumbai – 400018
• Size: 714.19 sq. meters
• Price: Rs 81 crore
• Stamp Duty: Rs 4.05 crore (after 1% discount for women)
• Additional: 5 car parking spaces included.

Second Deal (December 20, 2024)

• Buyer: Alisha Rafiq Malik
• Flat: Residential Unit No. 61 North East, Level 61, Palais Royale, Ganpatrao Kadam Marg, Worli, Mumbai – 400018
• Size: 712.75 sq. meters
• Price: Rs 81 crore
• Stamp Duty: Rs 4.05 crore (after 1% discount for women)
• Additional: 5 car parking spaces included.

Third Deal (December 23, 2024)

• Buyer: Farah Malik Bhanji
• Flat: Residential Unit No. 61 SW, Level 61, Palais Royale, Ganpatrao Kadam Marg, Worli, Mumbai – 400018
• Size: 714.19 sq. meters
• Price: Rs 81 crore
• Stamp Duty: Rs 4.05 crore (after 1% discount for women)
• Additional: 5 car parking spaces included.

Fourth Deal (December 24, 2024)

• Buyer: Shabeena Malik Hadi
• Flat: Residential Unit No. 61 North West, Level 61, Palais Royale, Ganpatrao Kadam Marg, Worli, Mumbai – 400018
• Size: 712.75 sq. meters
• Price: Rs 81 crore
• Stamp Duty: Rs 4.05 crore (after 1% discount for women)
• Additional: 5 car parking spaces included.

Total Transaction Value

The combined value of the four deals comes to a total of Rs 324 crore. This series of high-value transactions underlines the premium status of Palais Royale, which continues to attract affluent buyers seeking luxury living spaces in the heart of Mumbai.

Each of the flats was priced at Rs 81 crore, with the buyers taking advantage of the attractive 1% discount on stamp duty provided to women buyers. The inclusion of five car parking spaces per flat further adds to the luxury offering, making these homes some of the most sought-after in the city.

This series of transactions is a clear indication of the robust demand for high-end real estate in India, especially in landmark properties like Palais Royale, which epitomize luxury and exclusivity.

Also Read: CIDCO lottery navi mumbai

The post Between Dec 20-24, India’s Tallest Tower Sold 4 Homes Worth Rs 324 Crore appeared first on Square Feat India.

The Konkan Housing and Area Development Board of MHADA has initiated a large-scale campaign to promote the sale of flats under the First-Come, First-Serve (FCFS) scheme. These flats are available for Economically Weaker Sections (EWS), Low-Income Groups (LIG), and Middle-Income Groups (MIG) under the Pradhan Mantri Awas Yojana (PMAY-Urban). The flats are located in Virar-Bolinj, Khoni-Kalyan, Shirdhon-Kalyan, Gotheghar-Thane, and Bhandarli-Thane.

As part of this campaign, 29 information stalls have been set up at key locations across the region from December 2 to December 11, 2024. The stalls will provide detailed information about the available flats, application eligibility, and the online registration process. Applicants can apply through the official MHADA website (https://lottery.mhada.gov.in). The registration process began on October 11, 2024.

Campaign Details
Mrs. Revati Gaykar, Chief Officer of the Konkan Board, highlighted that the stalls aim to assist prospective buyers by offering information on the FCFS flats, eligibility criteria, and the application process. In addition to the stalls, flyers and street plays are being organized to raise awareness about the housing schemes.

Message to Applicants
Mr. Anil Wankhade, Deputy Chief Officer of MHADA, encouraged potential applicants to take advantage of the campaign’s support services. This initiative is part of MHADA’s ongoing efforts to sell unsold flats across Maharashtra, as directed by MHADA Vice-President and CEO, Mr. Sanjeev Jaiswal.

Stall Locations
The stalls are strategically placed at various government offices and public locations. These include the head offices of municipal corporations in Vasai-Virar, Mira-Bhayandar, Ulhasnagar, Navi Mumbai, Kalyan-Dombivli, Thane, and Palghar. Additionally, stalls are available at district collector offices in Palghar and Thane, the Thane RTO, subdivision offices in Vasai, Ulhasnagar, Palghar, and Kalyan, and the tehsildar’s office in Ambernath. Other prominent locations include the Mahape MIDC administrative office, the Jivdani Devi Temple in Virar, churches in Virar and Vasai, and major railway stations in Virar, Vasai, Thane, Badlapur, Ambernath, Ulhasnagar, Vashi, Panvel, Dombivli, Karjat, and Kalyan.

Support at the Stalls
Each stall is staffed by Konkan Board representatives who provide comprehensive guidance on the housing schemes, eligibility, and the online application process. They assist with document requirements and help resolve any application-related issues immediately. For further support, a dedicated team at the MHADA office is available for coordination.

Project Features
Mr. Mahesh Jeswani, Chief Engineer at MHADA, stated that all the projects under the FCFS scheme are equipped with essential facilities, including 24-hour water supply, firefighting systems, lifts, and common areas. In addition, each housing complex will have sewage treatment plants and organic waste converters.

Available Flats Under the FCFS Scheme

• Virar Bolinj: 174 (PMAY)
• Virar Bolinj: 4,164
• Khoni-Kalyan: 2,621 (PMAY)
• Shirdhon-Kalyan: 5,774 (PMAY)
• Gotheghar-Thane: 701 (PMAY)
• Bhandarli-Thane: 613 (PMAY)

Also Read: MHADA Konkan Board Directs Developer to Cease Additional Fees for EWS Flat Winners in Dhokali

The post MHADA To Hold Street Plays, Stall at Railway Station To Get buyers for Homes appeared first on Square Feat India.

Meanwhile, his sister Arpita Khan is making headlines for her real estate deal.

Arpita sold her home in Bandra for ₹22 crore.

The house she sold is in the building named Satguru’s Flying Carpet.

This journalist had written an article in 2017 when she bought it.

The details of the property include a flat spread over the 13th and 14th floors of the building, measuring 427.50 sq meters.

While Salman’s sister is the seller, the buyer is Shivaya Cineswise. The new buyer will also have access to nine car parks in the building.

The documentation was carried out on October 10, while the sale agreement was registered on October 15.

A stamp duty of ₹1.32 crore was paid for the registration of the sale agreement.

Also Read: Salman Khan to get ₹1.04 Cr Average rent for 60 months from this property

The post Salman Khan’s sister Arpita sells her Bandra flat for ₹22 crore. appeared first on Square Feat India.

The bungalow, located in Bandra’s Pali Hill, was the subject of controversy during the MVA rule four years ago when the BMC demolished parts of the property due to alleged structural violations. Despite the setbacks, the actress has significantly benefited from the sale.

The property details include a built-up area of 3,075 sq ft with an additional 565 sq ft allocated for parking. The stamp duty for the registration amounted to ₹1.92 crore.

Also Read: Bollywood Actor and BJP MP Kangana Ranaut Acquires Office Space in Mumbai

The buyer is Shweta Bathija, a partner at Kamalini Holdings based in Coimbatore, Tamil Nadu.

The post Kangana Ranaut Sells Bandra Bungalow for ₹32 Crore, Earning ₹12 Crore Profit appeared first on Square Feat India.

Amenities at Minerva include a gym, swimming pool, clubhouse, spa, and landscaped gardens. The tower’s location offers good connectivity to business districts such as Lower Parel, Worli, and Nariman Point. Mahalaxmi is known for its high-rise buildings, upscale amenities, and proximity to schools and healthcare facilities.

According to SquareYards.com, Bajpayee purchased the apartment in April 2013 for Rs. 6.40 crore, with a stamp duty of Rs. 32 lakh and a registration fee of Rs. 30,000. This recent sale is part of Bajpayee’s real estate investments, which also include a Rs. 32 crore investment in four office units in Oshiwara last year.

Bajpayee, a prominent actor with three National Film Awards and the Padma Shri, is recognized for his roles in films like Satya, Gangs of Wasseypur, and Aligarh. His recent work in the series The Family Man has further established his position in Indian cinema.

Also Read: Bollywood Producer buys Bandra Home for Rs 103 Cr

The post Manoj Bajpayee Sells Mahalaxmi Apartment for Rs. 9 Crore appeared first on Square Feat India.