Veteran Bollywood filmmaker Subhash Ghai has made headlines with a big actual property transaction, promoting two luxurious residences in Mumbai’s Jogeshwari for a mixed Rs 11.61 crores. The properties, positioned within the upscale Splendor Advanced Co-op Housing Society Ltd., had been offloaded in March 2025 beneath his firm, Mukta Tele Arts Non-public Restricted. This transfer by the “Showman of Bollywood” underscores the thriving luxurious property market in Mumbai’s western suburbs and highlights Ghai’s strategic strategy to his actual property portfolio.
Subhash Ghai sells Jogeshwari flats for Rs 11.61 crores: Experiences
A Profitable Deal in Jogeshwari’s Splendor Advanced
The 2 residences, every fetching Rs 5.80 crores, boast a carpet space of 889 sq ft and a built-up space of 1,067 sq ft, reflecting a premium value level in Jogeshwari’s aggressive actual property scene. Registered with a stamp obligation of Rs 34.83 lakh per unit and a Rs 30,000 registration charge, the transactions sign robust demand for high-end residences on this well-connected locality. Developed by Oberoi Realty, the Splendor Advanced gives trendy facilities and proximity to Mumbai’s business and leisure hubs, making it a hotspot for prosperous patrons.
Why Jogeshwari? Mumbai’s Rising Actual Property Star
Jogeshwari, nestled in Mumbai’s western suburbs, has emerged as a major residential vacation spot because of its seamless connectivity through the Western Categorical Freeway and Jogeshwari-Vikhroli Hyperlink Highway (JVLR). With easy accessibility to Andheri’s bustling enterprise districts and Goregaon’s movie studios, the world appeals to Bollywood elites like Ghai. The sale of those residences at over Rs 54,000 per sq ft (built-up space) displays the suburb’s rising worth, pushed by infrastructure upgrades and a surge in luxurious housing demand in 2025.
Subhash Ghai’s Actual Property Playbook
This isn’t Ghai’s first foray into Mumbai’s property market this yr. In February 2025, he and his spouse, Mukta Ghai, acquired a sprawling 4BHK condominium in Bandra’s elite 81 Aureate Tower for Rs 24 crores, a purchase order that included three parking areas and a hefty Rs 1.44 crore stamp obligation. Only a month prior, in January, the couple bought an Andheri condominium for Rs 12.85 crores, pocketing a 47% revenue from their 2016 funding of Rs 8.72 crores.
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