Ajit Agarkar Sells Bandra West Property for Rs 4 Crore: A Look at Mumbai's Real Estate Market

Former Indian cricketer Ajit Agarkar has sold his residential property in Bandra West, Mumbai, for Rs 4 crore. The property, located in the Jewel Co-op Housing Society, spans 1,229 sq. ft. and includes two car parking spaces. The transaction was registered in April 2026, with Agarkar paying Rs 24 lakh in stamp duty and Rs 30,000 in registration charges, according to property registration documents reviewed by Square Yards on the website of the Inspector General of Registration (IGR).

The per square foot price of the property comes to Rs 32,547, which is in line with the current trends in Mumbai's property market. According to Square Yards, Mumbai's property rates have increased from Rs 35,550 per sq ft in September 2025 to Rs 38,600 per sq ft in March 2026. This trend reflects consistent market appreciation over consecutive quarters, moving from Rs 37,700 in December 2025 to the current levels.

Within Mumbai, the south region leads the price at Rs 46,350 per sq ft. In contrast, the Mumbai Harbour area stands at Rs 37,250 per sq ft, while the Western Suburbs and Central Suburbs offer more accessible options at Rs 34,900 and Rs 33,000 per sq ft, respectively.

Bandra West is famous for its high-end residential projects, lively lifestyle options, and strong social infrastructure. The area boasts great connectivity via major roads, suburban rail services, and the Mumbai Metro, plus easy access to the Chhatrapati Shivaji Maharaj International Airport. Additionally, Bandra West is close to business hubs like Bandra Kurla Complex (BKC), Lower Parel, and Nariman Point, making it a hotspot for professionals, entrepreneurs, and high-net-worth individuals (HNIs) looking for upscale homes in well-connected urban settings. Its mix of commercial accessibility, lifestyle amenities, and coastal charm continues to drive strong demand for residential properties in the area.

Who is Ajit Agarkar? Ajit Agarkar is a former Indian cricketer and cricket administrator known for his contributions to the Indian national team as a fast-bowler and all-rounder. He made his international debut in 1998 and represented India across all formats of the game. Agarkar was a key member of the Indian squad in the early 2000s and was recognized for his ability to contribute with both bat and ball. In his international career, he claimed more than 300 wickets and scored over 3,500 runs across formats. Following his retirement from professional cricket around 2007, Agarkar became a cricket administrator and was appointed the Chairman of Selectors for the Indian men's cricket team in 2023.