Sara Ali Khan Buys Two Office Properties in Mumbai's Andheri
Sara Ali Khan and her mother, Amrita Singh, have purchased two office spaces totaling nearly 4,200 sq ft in Mumbai's Andheri locality for over Rs 22.26 crores.
Sara Ali KhanMumbai Real EstateAndheri Office SpacesBollywood InvestmentsHigh Networth InvestmentsReal Estate MumbaiOct 16, 2024
According to the documents accessed through FloorTap.com, the total cost of the deal was over Rs 22.26 crores. The buyers also paid a stamp duty of over Rs 1.33 crore for the registration of the properties, which took place on October 10. Each office comes with exclusive access to three car parking slots, making the investment even more valuable.
This is not the first time Sara has invested in office properties in this area. Last year, she had purchased a similar-sized office on the fourth floor of the same tower for Rs 9 crore. The strategic choice to invest in the same building showcases the actor's confidence in the location and its potential for growth.
Real estate has long been a preferred investment for high networth individuals, and Bollywood personalities are no exception. Many celebrities, including Amitabh Bachchan, Shahrukh Khan, Shilpa Shetty, and Akshay Kumar, have invested in properties for both personal use and as financial assets. In recent years, high-profile deals involving Ranveer Singh, Hrithik Roshan, Rani Mukherjee, Alia Bhat, Disha Patani, and Janhvi Kapoor have also been reported.
Andheri, known for its commercial and residential development, has become a hotspot for such investments. The area’s proximity to major business hubs and its well-connected infrastructure have made it an attractive location for both investors and businesses.
Sara Ali Khan, who is known for her dynamic career in the film industry, seems to be diversifying her investments wisely. By acquiring these properties, she is not only securing a valuable asset but also positioning herself for potential returns in the future.
While Sara could not be reached for a comment, the trend of Bollywood stars investing in real estate continues to grow. The strategic placement of these properties in Andheri further underscores the area’s significance in the Mumbai real estate market.
Frequently Asked Questions
How much did Sara Ali Khan and her mother pay for the office properties in Andheri?
Sara Ali Khan and her mother, Amrita Singh, paid over Rs 22.26 crores for the two office properties in Andheri.
Where are the properties located?
The properties are located on the 9th floor of a commercial building in the Oshiwara locality of Andheri, Mumbai.
How much stamp duty did they pay for the registration of the properties?
The buyers paid a stamp duty of over Rs 1.33 crore for the registration of the properties.
Have Sara Ali Khan and her mother invested in properties in this area before?
Yes, last year, Sara Ali Khan had purchased a similar-sized office on the fourth floor of the same tower for Rs 9 crore.
Why are Bollywood personalities investing in real estate in Andheri?
Andheri is known for its commercial and residential development, and its well-connected infrastructure makes it an attractive location for investments. Many Bollywood stars are diversifying their portfolios by acquiring properties in this area.
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