Malaika Arora Sells Mumbai Apartment for ₹5.30 Crore, Gains ₹2.04 Crore
Malaika Arora has sold her residential apartment in Runwal Elegante, Lokhandwala Complex, Mumbai, for ₹5.30 crore, marking a 62% appreciation from her original purchase price of ₹3.26 crore in March 2018.
Malaika AroraMumbaiPropertyReal EstateLokhandwala ComplexReal Estate MumbaiSep 05, 2025
She had purchased the property for ₹3.26 crore in March 2018, making a significant gain of ₹2.04 crore, an appreciation of 62%, according to the Inspector General of Registration (IGR) documents reviewed by Square Yards.
The apartment boasts a carpet area of 1,369 sq ft (127.18 sq meters) and a built-up area of 1,643 sq ft (152.68 sq meters). The transaction also includes one car parking space. The sale was registered in August 2025.
According to Square Yards Data Intelligence, a total of 22 transactions amounting to a gross transaction value of ₹109 crore were registered with IGR in Runwal Elegante between September 2024 and August 2025. Currently, the average registered transaction property price in the project stands at ₹33,150 per sq ft.
Lokhandwala Complex, one of the most sought-after residential areas in Mumbai, has seen a steady rise in property values over the years. The area is known for its well-maintained infrastructure, proximity to commercial hubs, and a variety of amenities, making it a popular choice for both investors and homeowners.
Malaika Arora, a well-known figure in the Indian entertainment industry, has always been active in real estate investments. This sale reflects the strong demand for properties in prime locations like Lokhandwala Complex, which continues to attract high net worth individuals and celebrities.
The success of this transaction also highlights the robustness of the Mumbai real estate market, particularly in areas with established infrastructure and a strong community. For investors and homebuyers looking to capitalize on the growing property values in the city, areas like Lokhandwala Complex offer a promising opportunity for significant returns.
As the real estate market continues to evolve, it is essential to stay informed about the latest trends and developments. Platforms like Square Yards provide valuable insights and data to help both new and experienced investors make informed decisions in the competitive real estate landscape.
Frequently Asked Questions
How much did Malaika Arora sell her apartment for?
Malaika Arora sold her apartment for ₹5.30 crore.
What was the original purchase price of the apartment?
The original purchase price of the apartment was ₹3.26 crore.
What is the total gain from the sale?
The total gain from the sale is ₹2.04 crore, marking a 62% appreciation.
Where is the apartment located?
The apartment is located in Runwal Elegante, Lokhandwala Complex, Andheri West, Mumbai.
What is the average registered transaction property price in Runwal Elegante?
The average registered transaction property price in Runwal Elegante stands at ₹33,150 per sq ft.
Related News Articles
Boosting India's Housing Market: Developers Seek Tax Incentives and Industry Status in Budget 2024
The Indian housing sector is looking forward to the Union Budget 2024, expecting tax reliefs and other sentiment boosters to stimulate growth in the market.
Kalpataru Ltd Set to Enter Nagpur Real Estate Market with Plotted Development Project
Mumbai-based Kalpataru Ltd plans to launch a plotted development project in Nagpur, marking its entry into the city's real estate market. The project will be spread across 37 acres and will have 400 plots of sizes 1,200 to 4,000 sq ft range.
Hong Kong Halts Commercial Land Sales for Seventh Consecutive Quarter
Hong Kong's government has announced that it will not sell any commercial land in the quarter from October to December, citing low demand and high office vacancy rates.
Homebuyers Forum Claims RERA Act Falls Short of Objectives, Urges Consumer Affairs Ministry for Action
A forum representing homebuyers in Maharashtra claims that the Real Estate (Regulation and Development) Act, 2016, has failed to meet its objectives. The forum is now urging the Union Consumer Affairs Ministry to issue specific guidelines to protect consu
Ahmedabad Shines with Top Rental Yields in India
Ahmedabad leads the pack with the highest rental yields in India, clocking in at 3.9%, according to a recent report by Magicbricks. Other cities like Hyderabad, Kolkata, and Pune are also seeing significant increases in rental returns.
Incuspaze Expands with Major Leasing Deal in Gurugram's Thriving Real Estate Market
Incuspaze, a prominent player in the commercial real estate sector, has announced a significant leasing deal in Gurugram, marking a major expansion in one of India’s most booming real estate markets. This move underscores the growing demand for quality of