Real Estate Maharashtra

Ajay Devgn buys 2-acre Karjat land for Rs 1.6 crore

By GeoSquare News Desk · Published 2026-11-06

Bollywood actor Ajay Devgn has acquired a 2-acre agricultural plot in Karjat, a town on the outskirts of Mumbai, for Rs 1.6 crore. The transaction, registered recently, underscores the rising appeal of this region among high-net-worth individuals and property investors.

Why Karjat is gaining traction

Karjat, located in the Raigad district, is emerging as a preferred destination for weekend homes and land investments. Its proximity to Mumbai and Pune, coupled with scenic landscapes, makes it an attractive option for those seeking a retreat from city life. The area has seen steady demand for agricultural and residential plots, driven by improved connectivity and planned infrastructure.

Infrastructure boost

The upcoming Navi Mumbai International Airport and the expansion of the Mumbai-Pune Expressway are expected to enhance Karjat's accessibility. Additionally, the proposed railway suburban network and the development of the Mumbai Metropolitan Region (MMR) are likely to spur further growth in property values. These factors are drawing both individual buyers and developers to the region.

While agricultural land purchases come with specific regulations, investors are increasingly exploring such assets for long-term appreciation. The entry of celebrities like Ajay Devgn adds to the market's confidence, potentially influencing other buyers to consider Karjat as a viable investment hub.

As the MMR expands, Karjat's real estate outlook remains positive, with a balanced mix of natural beauty and urban convenience. For investors, this could be an opportune moment to evaluate land parcels in the area, keeping in mind legal and zoning requirements.