Real Estate Mumbai

Salim Merchant Buys Santacruz Commercial Property for ₹12.85 Crore

By GeoSquare News Desk · Published 2026-10-29

Music composer Salim Merchant, known for his work as one half of Salim–Sulaiman, has acquired a commercial property in Santacruz, Mumbai, for ₹12.85 crore. The transaction was registered recently, marking another high-value deal in the city's western suburb commercial belt.

The Property

The commercial space is located in Santacruz, a well-established suburb with strong connectivity to the airport, business districts, and the upcoming metro corridors. The area has seen steady demand from buyers looking for office spaces, retail outlets, and investment-grade assets.

Market Signals

This purchase reflects continued investor confidence in Mumbai's commercial real estate, particularly in micro-markets that offer both rental yield and capital appreciation. Santacruz remains a preferred choice for professionals and businesses due to its central location and evolving infrastructure.

For buyers and investors, the deal underscores the importance of location and accessibility when choosing commercial property in Maharashtra. With infrastructure upgrades underway, suburbs like Santacruz are likely to remain in focus.