The Vile Parle area of Mumbai's real estate market is known for its sea-facing apartments and bungalows, and several Bollywood stars have chosen to reside in Juhu due to its central location and proximity to major studios.
Mumbai Real EstateJuhuBollywood StarsProperty InvestmentLuxury ApartmentsReal EstateJan 09, 2025
Bollywood stars prefer living in Juhu because of its central location and proximity to major studios in areas like Goregaon, Khar, Bandra, and Andheri. The area is also known for its luxury sea-facing apartments and bungalows.
According to local brokers, apartments in Juhu are available from ₹60,000 to ₹1 lakh per sq ft, making it a premium real estate market in Mumbai.
Some well-known Bollywood stars who own properties in Juhu include Varun Dhawan, Amitabh Bachchan, Ajay Devgn, Kajol, Shahid Kapoor, and Kartik Aaryan.
Varun Dhawan and his family have invested ₹86.92 crore in two apartments in Juhu, each measuring over 10,000 sq ft. This significant investment underscores the growing interest of Bollywood stars in Juhu's real estate market.
Shahid Kapoor purchased a luxury sea-view apartment in the Oberoi 360 West project in the Worli area of Mumbai for around ₹60 crore in May 2024. He later rented the apartment out for ₹20 lakh per month.
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This price range is highly attractive for both first-time buyers and those looking to upgrade, making it the most sought-after segment in Mumbai, the costliest residential market in India.