Tiger Shroff Sells Pune Apartment for Rs 8.87 Crore, Achieves 18% Return
Pune, 10th April 2026: Actor Tiger Shroff has sold out a premium apartment in Hadapsar for Rs 8.87 crore, according to property registration records.
The residence is situated in the upscale Yoo Pune development by Panchshil Realty. Shroff had acquired the property in March 2024 for Rs 7.5 crore, and the latest deal indicates a gain of over 18% on his initial investment.
Spread across 4,249 sq ft, the apartment was transacted at an approximate rate of Rs 20,891 per sq ft. The sale also includes three dedicated parking slots.
Registration documents show the deal was completed on March 31, 2026, and stamp duty exceeding Rs 62 lakh and a registration fee of Rs 30,000 was also paid.
Interestingly, the buyer—Cherise India Private Limited—was previously leasing the same property from Shroff. Records indicate that the apartment had been rented out to the company at a monthly rent of Rs 3.5 lakh under a five-year agreement.
Panchshil Realty, the developer of Yoo Pune, is a prominent real estate company known for its high-end projects in the city. The Yoo Pune development is a luxury residential complex that combines modern architecture with premium amenities, making it a sought-after location for both investors and homeowners.
Tiger Shroff's decision to sell the property after a short holding period and at a significant profit highlights the strong real estate market in Pune, particularly in the luxury segment. The transaction also underscores the stability and growth potential of the city's real estate sector, which has been attracting both local and international investors.
The sale of this apartment is not just a personal financial win for Shroff but also a testament to the robustness of the Pune real estate market. It reflects the increasing demand for high-quality, luxury properties in the city, driven by a growing affluent population and a thriving business environment.
For Cherise India Private Limited, the purchase of the leased property provides a strategic long-term investment, securing a prime location and a high-quality asset. The company's decision to convert a rental agreement into a property purchase is a smart move, especially given the current market conditions and the potential for further appreciation in the future.