Bollywood Star Kangana Ranaut Sells Mumbai Bungalow for ₹32 Crore
Kangana Ranaut's bungalow in Bandra's Pali Hill area of Mumbai has been sold for ₹32 crore. The bungalow was purchased by Kangana Ranaut for ₹20 crore in September 2017.
Mumbai Real EstateKangana RanautPali HillBollywoodKamalini HoldingsReal EstateSep 09, 2024
The bungalow is spread across a built-up area of 3,075 sq ft and has parking space of 565 sq ft. The transaction was registered on September 5, 2024, for which a stamp duty of ₹1.92 crore and a registration fee of ₹30,000 has been paid.
The buyer is Kamalini Holdings's partner Shweta Bathija based in Coimbatore, Tamil Nadu. Kangana Ranaut had declared assets worth over ₹91 crore, including ₹28.7 crore in movable assets and ₹62.9 crore in immovable assets, in May 2024.
Pali Hill is a premium area where several Bollywood stars and high net worth individuals have bought homes. The per sq ft rate of several luxury housing projects ranges from ₹1 lakh per sq ft and above, according to local brokers.
Pali Hill has been home to several Bollywood stars, such as the late Sunil and Nargis Dutt, the late Rishi Kapoor, Neetu Singh, Gulzar, Imran Khan, Aamir Khan, Sanjay Dutt, among others.
In an interview to a newspaper in 2023, Kangana Ranaut had said that she was bound to get compensation for the demolition at her lavish Mumbai home, but the process never moved ahead. She added that she now doesn't want any compensation because it's taxpayers' money.
The Brihanmumbai Municipal Corporation (BMC) had partially demolished her property in Pali Hill, Bandra, in September 2020, on the grounds of alleged unauthorized construction.
Kangana Ranaut recently bought an office space in Mumbai's Andheri area for ₹1.56 crore, according to property registration documents. The property spread across 407 sq ft is located on the 19th floor of a building named Arch One and was purchased at a per sq ft rate of ₹38,391 sq ft on carpet.
About Kamalini Holdings Kamalini Holdings is a real estate company based in Coimbatore, Tamil Nadu. The company has been involved in several real estate projects in India.
About Brihanmumbai Municipal Corporation (BMC) The Brihanmumbai Municipal Corporation (BMC) is the municipal corporation of Mumbai, India. The BMC is responsible for the civic infrastructure and administration of the city.
Frequently Asked Questions
How much did Kangana Ranaut sell her bungalow for?
Kangana Ranaut sold her bungalow for ₹32 crore.
Where is Kangana Ranaut's bungalow located?
Kangana Ranaut's bungalow is located in Bandra's Pali Hill area of Mumbai.
Who is the buyer of Kangana Ranaut's bungalow?
The buyer is Kamalini Holdings's partner Shweta Bathija based in Coimbatore, Tamil Nadu.
What is the built-up area of Kangana Ranaut's bungalow?
The bungalow is spread across a built-up area of 3,075 sq ft and has parking space of 565 sq ft.
Why was Kangana Ranaut's property in Pali Hill demolished?
The Brihanmumbai Municipal Corporation (BMC) had partially demolished her property in Pali Hill, Bandra, in September 2020, on the grounds of alleged unauthorized construction.
Related News Articles
Century Textiles Acquires 10-Acre Land in Mumbai for ₹1100 Crore, Expects ₹14,000 Crore in Revenue
Century Textiles plans to develop the land through its real estate subsidiary Birla Estates, expecting ₹14,000 crore in revenue from the project.
Protecting the Environment: A Battle for Open Spaces and Strict Regulations
The Supreme Court has upheld the right to open spaces in Navi Mumbai, while the Bombay High Court has struck down the Centre’s move to grant post-facto Coastal Regulation Zone (CRZ) clearances. Both decisions reinforce our constitutional rights to a healt
Mahindra Lifespaces Snatches 8.2 Acre Plot in Bengaluru for Mega Rs 10 Billion Project
Mahindra Lifespace Developers, a prominent real estate developer listed on the stock exchange, has made a significant land acquisition in North Bengaluru. The company, through its subsidiary Anthurium Developers, has secured an 8.2-acre plot for a whoppin
Property Box Transforms the Real Estate Landscape with Suma Kanakala as Brand Ambassador
The Property Box Podcast, hosted by Suma Kanakala, is set to provide valuable insights into the real estate market in Telugu, making it easier for listeners to understand and navigate the industry.
Vivek Oberoi: Entrepreneur and Actor With Six Diverse Business Ventures
Vivek Oberoi, the renowned Bollywood actor, has diversified his portfolio into various business ventures, including real estate, fitness, and more. Discover the companies he owns and the industries he's impacting.
CREDAI-Pune Metro Convenes First General Body Meet and Welcomes New Leadership Team
CREDAI-Pune Metro recently held its first General Body Meet and installation ceremony, marking the beginning of a new era under the leadership of Mr. Prafulla Taware. The event underscores the organization's commitment to fostering growth and transparency in the real estate sector in Maharashtra.