Salman Khan Sells Bandra West Apartment for ₹5.35 Crore
Bollywood actor Salman Khan has sold his apartment in Bandra West, Mumbai, for ₹5.35 crore, according to property registration documents reviewed by Square Yards. The deal includes three car parking spaces and incurred a stamp duty of ₹32.01 lakh.
Salman KhanMumbaiReal EstateBandra WestProperty SaleReal Estate MumbaiJul 16, 2025
According to property registration documents from the Inspector General of Registration (IGR), the apartment sold by Salman Khan is located in Shiv Asthan Heights. It has a built-up area of 122.45 sq. m. (approximately 1,318 sq ft). The deal also includes three car parking spaces. The transaction incurred a stamp duty payment of ₹32.01 lakh and registration charges of ₹30,000. The transaction was registered on July 15, 2025, it showed.
In 2023, Khan leased the Shiv Asthan Heights tower on 16th Road in Bandra West for a monthly rent of ₹1.5 lakh. A report published in the Hindustan Times in 2023 said the rent increased to ₹1.57 lakh in the second year and ₹1.65 lakh in the third year. The 1,318 sq ft apartment on the 14th floor of the tower was rented out for a 36-month period to Rajesh Harishchandra Gandhi, and the agreement was registered on February 16, 2023.
Salman Khan could not be reached for a comment. However, the sale of this property reflects the dynamic nature of the real estate market in Bandra West, a high-end real estate market in Mumbai offering a combination of premium residential and commercial properties. The locality comprises a mix of upscale apartments, heritage bungalows, and boutique commercial developments, attracting both end-users and investors, SquareYards noted.
Bandra West is well-connected through the Western Express Highway, Bandra railway station, and upcoming Metro lines. It is also near major business districts such as Bandra Kurla Complex (BKC), Lower Parel, and Chhatrapati Shivaji Maharaj International Airport. These factors contribute to the area's desirability and high property values.
Salman Khan has starred in several films, such as Sultan (2018), Bharat (2020), and Sikander (2025), and has produced several movies under the banner of Salman Khan Films, including Tubelight (2017). He is also the founder of the Being Human Foundation and actively contributes to various charitable causes.
Earlier this year, the Bollywood actor completed extensive renovations to enhance security at his Galaxy Apartments in Mumbai's Bandra, eight months after a shooting incident outside his residence. This highlights his commitment to maintaining a safe and secure living environment.
One of the biggest monthly rental deals registered in 2023 was that of Bollywood actor Salman Khan. According to documents accessed by Propstack, Khan had rented out 23,042 sq ft of retail space he owns in Mumbai’s Santacruz area to Landcraft Retail Pvt Ltd for ₹90 lakh a month. The commercial space was leased at an annual rent of around ₹12 crore, and the security deposit for the deal is ₹5.4 crore. This further underscores Khan's strategic involvement in the real estate market and his ability to leverage his properties for significant financial gains.
Frequently Asked Questions
What is the location of the apartment Salman Khan sold?
The apartment is located in Shiv Asthan Heights, Bandra West, Mumbai.
How much did Salman Khan sell the apartment for?
Salman Khan sold the apartment for ₹5.35 crore.
What additional amenities were included in the sale?
The sale included three car parking spaces.
What are the property registration details of the transaction?
The transaction incurred a stamp duty payment of ₹32.01 lakh and registration charges of ₹30,000. It was registered on July 15, 2025.
Why is Bandra West a popular real estate market in Mumbai?
Bandra West is a high-end real estate market in Mumbai offering a combination of premium residential and commercial properties. It is well-connected through the Western Express Highway, Bandra railway station, and upcoming Metro lines, and is near major business districts such as BKC, Lower Parel, and Chhatrapati Shivaji Maharaj International Airport.
Related News Articles
Hardik Pandya's Net Worth: A Closer Look at His Wealth and Assets
From his lucrative IPL contracts to his impressive real estate portfolio
Boosting Realty Affordability: Experts Call for Policy Shifts and Infra Improvements
Industry experts emphasize the need for policy changes and infrastructure development to address affordability issues in the real estate market.
Pune's Real Estate Empire: Minor's Father in Custody Over Cheating Case
A Pune court has allowed the police to take custody of the father of the minor accused in the Porsche crash case, in a cheating case registered against him at Kondhwa police station.
Revolutionizing Traffic Management: Pune Police, PMC, and Google Collaborate to Improve Road Infrastructure
Pune takes a significant step towards reducing traffic congestion and travel time with the collaboration of Pune Police, PMC, and Google on 32 main roads.
New Developments in Rs 100 Crore Real Estate Investment Fraud
Prospect Realty, a firm registered before the sub-registrar of Salcete, Margao, is at the center of a massive Rs 100 crore investment fraud. The firm, engaged in the real estate business, has been accused of misleading investors with false promises. Myron
Maharashtra Government to Mandate Precast Construction for Mumbai Real Estate
The Maharashtra government is working on a policy to make precast construction mandatory for real estate projects in Mumbai, aiming to streamline construction processes and enhance building quality.