Bollywood filmmaker Subhash Ghai and his spouse Mukta Ghai have bought their 1,760-square-foot condominium in Andheri West, Mumbai, for Rs 12.85 crore. The property is situated within the upscale Rustomjee Elita constructing and contains two parking areas. Paperwork accessed by means of Zapkey.com reveal that the condominium was bought on January 22, 2025, at a formidable Rs 72,000 per sq ft.
Subhash Ghai and spouse promote Mumbai condominium for Rs 12.85 crores: Report
Ghai initially bought the condominium in August 2016 for Rs 8.72 crores, a major revenue over eight years. The sale was registered with a stamp responsibility cost of Rs 77 lakh and a registration payment of Rs 30,000. The client, Sameer Gandhi, has acquired a major property in certainly one of Mumbai’s most sought-after locales.
Property Particulars and Market Insights
The condominium, situated on the 14th ground of Rustomjee Elita, boasts panoramic views and is a part of a constructing within the coronary heart of Mumbai’s western suburbs. Andheri West is a major actual property hub surrounded by outstanding neighborhoods like Lokhandwala, Juhu, and Bandra. The world is residence to a number of Bollywood personalities, making it certainly one of Mumbai’s most fascinating areas for actual property investments.
Native brokers verify that properties in Andheri typically command costs above Rs 50,000 per sq ft, with premium developments fetching upwards of Rs 65,000 per sq ft. The sale value achieved by Ghai aligns with these market tendencies, underlining the continued demand for luxurious houses within the space.
Bollywood Actual Property Tendencies
Subhash Ghai is just not the one Bollywood celeb making actual property headlines. Lately, Amitabh Bachchan bought a luxurious duplex in Andheri for Rs 83 crore, realizing a 168% revenue inside 4 years of buy. Equally, Akshay Kumar has been within the information for property transactions in Mumbai’s suburban areas. These high-profile offers spotlight the profitable potential of Mumbai’s actual property market, particularly in areas frequented by the movie fraternity.
Additionally Learn: Subhash Ghai passes Deva title to Siddharth Roy Kapur, initially reserved for Amitabh Bachchan: “It carries immense legacy and weight”
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