Salman Khan Sells Bandra Apartment for ₹5.35 Cr, Spotlight on Bollywood’s Real Estate Ventures
Bollywood superstar Salman Khan has sold his Bandra West apartment for ₹5.35 crore, highlighting the growing trend of celebs investing in real estate. This deal, registered in July 2025, underscores the strategic property investments made by Bollywood stars.
BollywoodReal EstateSalman KhanLuxury PropertiesMumbaiReal Estate MaharashtraJul 16, 2025
The apartment, located in the upscale Shiv Asthan Heights, measures approximately 1,318 sq. ft. and comes with three car parking spaces—a rare offering in Bandra’s densely packed lanes. The buyer paid ₹32.01 lakh as stamp duty and ₹30,000 in registration fees, as per the official records.
Bandra West is one of Mumbai’s most coveted residential pockets, known for its blend of heritage charm and urban sophistication. Home to celebrities, industrialists, and expats, the area enjoys excellent connectivity to commercial hubs like Bandra Kurla Complex (BKC) and Lower Parel, and is in close proximity to the Mumbai International Airport. With well-established social infrastructure and the upcoming Metro Line 2B, Bandra continues to command a premium in Mumbai’s ever-competitive real estate landscape.
Khan’s transaction is not an isolated instance. In recent years, Bollywood celebrities have increasingly diversified into buying, selling, and leasing luxury properties, not just for personal use but as lucrative investment avenues. In early 2024, Amitabh Bachchan reportedly purchased four office units in Andheri for over ₹7 crore. Alia Bhatt invested in a commercial property in Bandra, while Hrithik Roshan made headlines for acquiring a multi-crore sea-facing duplex in Versova. Janhvi Kapoor sold a flat in Juhu for ₹10 crore, shortly after buying a bungalow in Bandra.
Industry experts say many celebrities now treat real estate as a parallel income stream, riding on their ability to pick prime properties early and benefit from capital appreciation or rental income. Given their high liquidity and brand visibility, celebrities often get access to exclusive deals and early-stage project entries—benefits not always available to the average buyer. “Celebrities are not just investing in homes to live in; they’re building diversified real estate portfolios, including commercial spaces, land parcels, and even vacation homes,” said a Mumbai-based luxury real estate brokerage firm which advises a few celebs. “Many are advised by professional wealth managers and now view real estate the way they view stocks or brand endorsements—strategic and ROI-driven.”
While India’s broader residential market has seen signs of moderation in 2025 amid rising interest rates and affordability pressures, the luxury housing segment in cities like Mumbai, Delhi, and Bengaluru continues to perform well. High-net-worth individuals (HNIs) and celebrities have remained active, with Mumbai clocking multiple high-value registrations every month. Salman Khan, whose acting and production career spans over three decades, remains one of the most bankable names in Indian cinema as far as box office performance is concerned.
As luxury real estate retains its sheen in Bollywood circles, industry insiders believe this trend of celeb property deals is far from over. With names like Shah Rukh Khan, Deepika Padukone, and Ranveer Singh also frequently engaging in big-ticket transactions, the intersection of stardom and square footage continues to grow stronger.
Frequently Asked Questions
Why is Bandra West a sought-after location for real estate investments?
Bandra West is a coveted residential pocket in Mumbai known for its blend of heritage charm and urban sophistication. It offers excellent connectivity to major commercial hubs and is home to celebrities, industrialists, and expats.
What other Bollywood stars have invested in real estate?
Several Bollywood stars, including Amitabh Bachchan, Alia Bhatt, Hrithik Roshan, and Janhvi Kapoor, have made significant real estate investments in recent years, diversifying their portfolios with luxury properties.
How do celebrities benefit from real estate investments?
Celebrities benefit from real estate investments through capital appreciation, rental income, and access to exclusive deals and early-stage projects, often advised by professional wealth managers.
What is the current state of the luxury real estate market in India?
Despite signs of moderation in the broader residential market, the luxury housing segment in cities like Mumbai, Delhi, and Bengaluru continues to perform well, with high-net-worth individuals and celebrities remaining active.
What does the future hold for celebrity real estate investments?
Industry insiders believe the trend of celebrity property deals will continue to grow, with more stars viewing real estate as a strategic investment for financial returns and portfolio diversification.
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