Anjali Tendulkar Boosts Virar Real Estate Market with Apartment Purchase
Anjali Tendulkar, wife of cricket legend Sachin Tendulkar, has purchased a 391 sq ft apartment in Virar, Mumbai, for ₹32 lakh. This high-profile transaction is expected to boost confidence in the Virar real estate market and drive up demand.
Real EstateVirarAnjali TendulkarMumbaiAffordable HousingReal EstateAug 21, 2025
In line with Maharashtra’s regulations for women homeowners, Anjali Tendulkar benefited from a 1% concession on stamp duty, which typically ranges between 5% and 7% in the state. This concession is part of state initiatives to encourage female ownership of residential properties.
Virar, part of the Mumbai Metropolitan Region (MMR), has seen a surge in interest among homebuyers looking for affordable housing options outside the city’s central areas. The locality offers a blend of residential developments, basic infrastructure, and improved connectivity to central Mumbai, making it an attractive option for first-time homeowners and small-scale investors. According to local brokers, residential property rates in Virar range from ₹6,000 per sq ft to ₹9,000 per sq ft and higher, depending on the exact location and building amenities.
The purchase by Anjali Tendulkar underscores a growing trend among high-profile individuals seeking homes in suburban areas of major cities. These areas offer a balance between proximity to urban centers and more affordable pricing. Virar’s improving infrastructure and expanding social amenities have contributed to its rising demand in recent years.
This transaction follows several other high-profile property deals in the Mumbai region this year. For example, Gauri Khan, wife of Bollywood actor Shah Rukh Khan, rented a 725 sq ft, 2BHK apartment in Khar West for staff accommodation while their Mannat bungalow underwent renovation. The rental agreement, on a three-year leave and license basis, was signed at a starting monthly rent of ₹1.35 lakh. The flat is located approximately 100 meters from their residence in Pali Hill, reflecting the preference of prominent individuals to secure convenient housing arrangements near their primary homes.
Virar’s growth as a residential hub is further supported by its strategic location, which provides easy access to Mumbai’s major commercial areas through existing road and rail networks. The suburb’s appeal is enhanced by the presence of educational institutions, healthcare facilities, and retail developments that cater to the daily needs of residents.
The property purchase by Anjali Tendulkar is expected to reinforce confidence in Virar as an emerging destination for homebuyers seeking affordable options within the MMR. Analysts predict that increased interest from high-profile buyers and improved infrastructure could drive further demand in the area, potentially influencing property valuations and attracting additional residential development projects.
Frequently Asked Questions
What is the significance of Anjali Tendulkar's property purchase in Virar?
Anjali Tendulkar's purchase of an apartment in Virar is significant because it is expected to boost confidence in the local real estate market and drive up demand. High-profile transactions like this can influence property valuations and attract more residential development projects.
What are the key features of Virar that make it attractive for homebuyers?
Virar offers a combination of affordable housing options, basic infrastructure, and improved connectivity to central Mumbai. It also has educational institutions, healthcare facilities, and retail developments, making it a convenient and attractive choice for homebuyers.
What is the stamp duty concession for women homeowners in Maharashtra?
In Maharashtra, women homeowners are eligible for a 1% concession on stamp duty, which typically ranges between 5% and 7%. This concession is part of state initiatives to encourage female ownership of residential properties.
What other high-profile property transactions have occurred in the Mumbai region this year?
Another notable transaction in the Mumbai region this year involved Gauri Khan, wife of Bollywood actor Shah Rukh Khan, who rented a 725 sq ft, 2BHK apartment in Khar West for staff accommodation while their Mannat bungalow underwent renovation.
How is Virar's infrastructure and connectivity contributing to its growth as a residential hub?
Virar's strategic location and improved infrastructure, including road and rail networks, make it easily accessible to Mumbai’s major commercial areas. The presence of educational institutions, healthcare facilities, and retail developments further enhances its appeal as a residential hub.
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