Subhash Ghai’s ₹24 Cr Luxury Apartment in Bandra West: A Strategic Move in Mumbai’s Elite Real Estate
Bollywood director Subhash Ghai and his wife Mukta have made a significant investment in Mumbai's luxury real estate market with the purchase of a premium apartment in Bandra West for ₹24 crore. This acquisition highlights the enduring appeal of Bandra as
BollywoodSubhash GhaiLuxury Real EstateBandra WestMj Shah GroupReal EstateFeb 05, 2025
The transaction, officially registered in February 2025, has garnered significant attention from property analysts and market observers, emphasizing the sustained appeal of Bandra as a coveted residential area.
The newly acquired property is located in the prestigious 81 Aureate project, developed by the MJ Shah Group.
Spanning a generous 4,364 square feet of carpet area and 5,239 square feet of built-up space, the apartment also includes three designated car parking spaces.
A crucial aspect of this transaction is the stamp duty payment of ₹1.44 crore, coupled with registration charges of ₹30,000, reflecting the premium nature of the property and the meticulous regulatory compliance in high-value real estate transactions in Mumbai.
Bandra West continues to attract Bollywood celebrities and business magnates due to its strategic location and upscale ambiance.
The area's proximity to the Bandra Kurla Complex (BKC) and seamless connectivity via the Western Express Highway, Bandra-Worli Sea Link, and the international airport, along with the promise of an expanding metro network, make it a prime investment destination.
Recent transactions in the locality, such as actor Sonakshi Sinha’s sale of an apartment in the same project for ₹22.50 crore, further reinforce this trend.
Ghai’s latest investment not only reflects his personal lifestyle preferences but also underscores the robust confidence that high-net-worth individuals continue to place in Mumbai’s luxury property market.
The persistent demand for high-end residences in Bandra is expected to fuel market dynamism and bolster investor sentiment.
With its unique blend of cultural vibrancy and modern connectivity, Bandra’s acquisition by a Bollywood stalwart is set to inspire further investments, ensuring its status as a premier residential hub for the elite.
Information on the MJ Shah Group
The MJ Shah Group is a renowned real estate developer in Mumbai, known for its commitment to quality and innovation in property development.
The group has a strong portfolio of projects, including the 81 Aureate, which is designed to cater to the needs of high-net-worth individuals looking for premium living spaces.
With a focus on sustainability and modern amenities, the MJ Shah Group has established itself as a trusted name in the luxury real estate market.
Frequently Asked Questions
What is the value of Subhash Ghai’s new apartment in Bandra West?
Subhash Ghai and his wife Mukta have purchased a premium apartment in Bandra West for ₹24 crore.
Where is the 81 Aureate project located?
The 81 Aureate project is situated in Bandra West, developed by the MJ Shah Group.
What is the carpet area of the apartment purchased by Subhash Ghai?
The apartment spans a carpet area of 4,364 square feet and a built-up area of 5,239 square feet.
What are the notable features of the Bandra West area?
Bandra West is known for its strategic location, close to the Bandra Kurla Complex (BKC), and seamless connectivity via the Western Express Highway, Bandra-Worli Sea Link, and the international airport.
Who is the developer of the 81 Aureate project?
The 81 Aureate project is developed by the MJ Shah Group, a well-known real estate developer in Mumbai.
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