Mumbai Real Estate: Celebrities and HNIs Invest in Homes for Their Staff
High-profile personalities and high-net-worth individuals in Mumbai are increasingly purchasing or leasing apartments for their domestic staff, ensuring convenience and continuity in household management.
Mumbai Real EstateHighnetworth IndividualsCelebrity HomesDomestic StaffProperty InvestmentReal Estate MumbaiOct 05, 2025
Anjali Tendulkar, wife of cricketer Sachin Tendulkar, was in the news in August 2025 for purchasing a ₹32 lakh apartment in Virar, near Mumbai, for a staff member. According to property registration documents accessed by Zapkey.com, the apartment was purchased in a building named Peninsula Heights in Virar. The 391-square-foot apartment is located on the third floor of the building. The transaction was registered on May 30, 2025, and it involved a stamp duty of ₹1.92 lakh and registration fees of ₹30,000.
As a woman homebuyer, Anjali Tendulkar availed a 1% concession on stamp duty. In Maharashtra, women homeowners are eligible for this benefit, with stamp duty rates in the state ranging between 5% and 7%, depending on the city and district.
Gauri Khan, renowned interior designer and wife of Bollywood star Shah Rukh Khan, was in the news in June 2025, for renting a 2BHK apartment in Mumbai’s Khar West for their staff at a starting monthly rent of ₹1.35 lakh, according to documents accessed by Zapkey. The three-year leave and license agreement is for a flat located barely 100 metres from their rented home in Pali Hill, while their iconic Mannat bungalow undergoes renovation.
Located in Pali Hill, Pankaj Premises Cooperative Society Ltd, the apartment has a carpet area of 725 sq ft and includes a hall, kitchen, two bedrooms, and two washrooms. The lease allows residential use for her staff from April 10, 2025, to April 9, 2028. Gauri Khan has rented the flat just 100 metres away from their newly rented home in the Puja Casa building at Pali Hill.
The owner of a leading pharmaceutical company purchased a 1,000 sq ft apartment in Mumbai’s Bandra earlier this year for about ₹9 crore. According to a source, the building offers sea-facing residences, and the businessman already owns one such apartment there. To ensure that his domestic staff, including the cook and other support staff, could live nearby, he purchased an additional unit in the same building.
According to a developer who wished to remain anonymous, wealthy families are often willing to pay a premium to keep their staff nearby, ensuring convenience and continuity. In some cases, long-serving employees are even given apartments as a gesture of gratitude and appreciation for their loyalty upon retirement or upon completion of their service.
In the case of Bandra, where the apartment is valued at around ₹9 crore, it is unlikely that the homeowner would eventually gift the unit to a staff member. However, when the ticket size is below ₹1 crore, it’s not uncommon for high-net-worth (HNI) or ultra-high-net-worth individuals (UHNI) to transfer ownership to their staff. “Of course, this varies from person to person; not every such purchase is intended for gifting; sometimes it also serves as an investment for the HNI or UHNI,” the developer told HT Real Estate on condition of anonymity.
Frequently Asked Questions
Why are celebrities and HNIs buying homes for their staff?
Celebrities and HNIs are buying homes for their staff to ensure convenience and continuity in household management, as well as to show appreciation for their loyalty and service.
What are the benefits of women homebuyers in Maharashtra?
Women homebuyers in Maharashtra are eligible for a 1% concession on stamp duty, with stamp duty rates ranging between 5% and 7% depending on the city and district.
How much did Anjali Tendulkar pay for the apartment in Virar?
Anjali Tendulkar paid ₹32 lakh for the apartment in Virar, with a stamp duty of ₹1.92 lakh and registration fees of ₹30,000.
Where did Gauri Khan rent an apartment for her staff?
Gauri Khan rented a 2BHK apartment in Khar West, Mumbai, for her staff at a monthly rent of ₹1.35 lakh. The apartment is located 100 metres from their rented home in Pali Hill.
What is the value of the apartment purchased by the pharmaceutical company owner in Bandra?
The pharmaceutical company owner purchased a 1,000 sq ft apartment in Bandra for about ₹9 crore.
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