In a significant real estate move, cricketer KL Rahul and actor Suniel Shetty have jointly purchased a 7-acre land parcel within a larger 30-acre property near Mumbai for ₹9.85 crore. The acquisition marks a strategic investment for both personalities in one of India's most lucrative property markets.
Real EstateProperty InvestmentKl RahulSuniel ShettyMumbaiReal Estate MumbaiApr 15, 2025
The purchase of the 7-acre land plot near Mumbai for ₹9.85 crore is significant as it marks a strategic real estate investment by both KL Rahul and Suniel Shetty. It highlights their interest in diversifying their financial portfolios and capitalizing on the growing property market in the region.
The 7-acre land plot is located within a larger 30-acre property near Mumbai, India. The exact location is not specified, but it is known to be in a rapidly developing area with high potential for future growth.
While specific plans have not been disclosed, it is expected that KL Rahul and Suniel Shetty will work with real estate experts and developers to maximize the value of the land. Possible developments could include residential, commercial, or mixed-use projects.
This investment aligns with both personalities' strategies for diversifying their financial portfolios. For KL Rahul, it complements his career in cricket and previous business ventures. For Suniel Shetty, it adds to his successful investments in entertainment and hospitality sectors.
The real estate market in the area where the 7-acre land plot is located is rapidly developing. The region is experiencing increased urbanization and a surge in demand for residential and commercial spaces, making it a promising investment opportunity.
Residential sales across top seven cities slipped 8% quarter-on-quarter in Q1-FY25, but analysts suggest long-term prospects remain strong
Private equity investments in Indian real estate surge 15% to $3 billion in H1 2024, led by Mumbai, Bengaluru, and Hyderabad.
HYDRAA commissioner A.V. Ranganath announced that an ordinance for the agency would be formulated soon, making it a powerful entity in disaster management and assets protection.
Mumbai-based Suraksha Group has taken control of Jaypee Infratech Ltd (JIL) and appointed Devang Pravin Patel as its new Chief Financial Officer (CFO). The company will also delist its shares from stock exchanges.
Real Estate, office spaces, Commercial Real Estate
Investing in crypto presales offers a unique opportunity to acquire tokens at lower prices. Among the notable projects in 2025, Rexas Finance (RXS), BlockDAG (BDAG), and Remittix (RTX) stand out. Here’s a closer look at these projects and what experts are