Studio Green Films Purchases 3,414-Square Feet Apartment in Mumbai's Andheri West for ₹15 Crore
Tamil film producer K E Gnanavel Raja's Studio Green Films buys apartment in Mumbai after inaugurating office earlier this year. Andheri West a popular area for real estate investment.
Studio Green FilmsK E Gnanavel RajaMumbai Real EstateAndheri WestBollywoodReal Estate MumbaiSep 27, 2024
Studio Green Films is a movie production and distribution company, owned and operated by K E Gnanavel Raja. The company is headquartered in Chennai.
The said residential property is located in Wing B of Winspace Amelio in DN Nagar of Andheri West. The deal also includes parking space for three cars. Bini Winspace Amelio comprises a total of 192 apartments spread across two towers in configurations of 1-4 BHK. The units range between 207 - 3,415 square feet in size.
The transaction, which was registered on September 19, named Bini Builders Private Limited as the seller. As per the documents, the deal attracted a stamp duty of ₹90 lakh and a registration fee of ₹30,000.
Andheri West is a popular area amongst Bollywood celebrities for commercial real estate investment. Veteran actor Anupam Kher earlier this month purchased a 887-square feet commercial space in Andheri for ₹3.88 crore. Meanwhile BJP MP and film star Kangana Ranaut last month purchased a 407-square feet office space in the area for ₹1.56 crore.
For decades, Mumbai’s property market has attracted its share of interest from the Bollywood fraternity as a preferred area of investment, especially commercial properties. Experts credit high rental yields in commercial properties and capital appreciation of residential real estate in the financial capital, for the trend.
Information Studio Green Films is a well-known movie production and distribution company in the Tamil film industry. The company has produced several successful films, including Thangalaan.
Studio Green Films is a movie production and distribution company, owned and operated by K E Gnanavel Raja. The company is headquartered in Chennai.
Frequently Asked Questions
Who is the owner of Studio Green Films?
K E Gnanavel Raja
Where is Studio Green Films headquartered?
Chennai
What is the size of the apartment purchased by Studio Green Films?
3,414 square feet
What is the price of the apartment purchased by Studio Green Films?
₹15 crore
Why is Andheri West a popular area for real estate investment?
Andheri West is a popular area amongst Bollywood celebrities for commercial real estate investment due to high rental yields in commercial properties and capital appreciation of residential real estate.
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