Varun and Natasha Dhawan's ₹44 Crore Luxury Apartment in Mumbai's Juhu: A Glimpse into Mumbai's Real Estate Market
Bollywood actor Varun Dhawan and his wife Natasha Dhawan have purchased a ₹44.52 crore luxury apartment in Mumbai's Juhu area. This acquisition highlights the growing interest in high-end real estate in the city.
Mumbai Real EstateLuxury ApartmentsBollywood InvestmentsJuhu Real EstateProperty RegistrationsReal Estate NewsJan 07, 2025
The property is located in the prestigious Juhu area and is part of an under-construction project named Twenty.
The purchase, as per documents accessed by IndexTap, was registered on January 3, 2025, and the project is expected to be completed by May 31, 2025, according to the MahaRERA website.
The apartment, located on the 7th floor, spans 5,112 square feet of RERA carpet area and comes with four car parking spaces.
The per-square-foot price of the apartment is over ₹87,000, making it one of the most expensive properties in the area.
D'Decor Exports Private Limited, a well-known real estate developer, is handling the construction of the building.
Juhu and Bandra are renowned for being hubs for Bollywood stars.
These areas are home to several iconic figures such as Amitabh Bachchan, who owns bungalows named Pratiksha and Jalsa, and other celebrities like Dharmendra, Hema Malini, Akshay Kumar, Ajay Devgn, Kajol, Govinda, and Sanjay Leela Bhansali.
Bandra, on the other hand, is home to stars like Salman Khan, Shahrukh Khan, Aamir Khan, Saif Ali Khan, and Kareena Kapoor.
Local brokers report that sea-view and sea-facing apartments in these areas are available for prices ranging from ₹60,000 to ₹1.30 lakh per square foot.
The real estate market in Mumbai has seen a robust growth in recent years.
Data from the Inspector General of Registration and Controller of Stamps of Maharashtra shows that there were 1,41,202 property registrations in the calendar year 2024, marking an 11% increase from the 1,26,937 properties registered in 2023.
This upward trend is indicative of the city's strong economic and residential demand.
Varun Dhawan, known for his dynamic performances in films like 'Judwaa 2' and 'Coolie No.
1,' has been in the headlines for various reasons.
Recently, he was in the news due to a statement made by Sunita Ahuja, who expressed her confusion over why Varun is often compared to her husband, Govinda, and actor Salman Khan.
Varun's recent film, 'Kalees' Baby John,' co-starring Keerthy Suresh, Jackie Shroff, and Wamiqa Gabbi, has also garnered attention.
He is currently preparing for his next project, 'Sunny Sanskari Ki Tulsi Kumari,' alongside Janhvi Kapoor.
D'Decor Exports Private Limited, the company constructing the Twenty project, has a reputation for delivering high-quality residential properties in Mumbai.
Despite the significant investment, the company's response to the Dhawans' purchase could not be immediately obtained.
The story will be updated with any additional information.
In conclusion, the Dhawans' acquisition of this luxury apartment in Juhu underscores the sustained interest in high-end real estate in Mumbai.
The city's real estate market continues to attract significant investments, driven by its strategic location and the presence of prominent individuals in the entertainment industry.
Frequently Asked Questions
Where is the luxury apartment purchased by Varun and Natasha Dhawan located?
The luxury apartment purchased by Varun and Natasha Dhawan is located in the Juhu area of Mumbai, specifically in the under-construction project named Twenty.
What is the cost of the apartment purchased by the Dhawans?
The apartment purchased by Varun and Natasha Dhawan costs ₹44.52 crore.
What is the expected completion date of the project?
The expected completion date of the Twenty project is May 31, 2025.
Who is the developer of the Twenty project?
The developer of the Twenty project is D'Decor Exports Private Limited.
What is the per-square-foot price of the Dhawans' apartment?
The per-square-foot price of the Dhawans' apartment is over ₹87,000.
Related News Articles
Budget 2025: Understanding the SWAMIH Fund 2 Scheme and Its Benefits for Middle-Class Families
The SWAMIH Fund 2 scheme aims to revitalize the real estate sector and support overall housing market stability. It is designed to benefit middle-class families by addressing key issues in the housing sector.
Panvel Exit on Mumbai-Pune Expressway Closed for 6 Months for Upgrades
The Panvel exit on the Mumbai-Pune Expressway, a vital arterial route, has been closed for a period of six months for significant traffic and construction improvements. This closure is expected to enhance the overall safety and efficiency of the expresswa
U.S. Real Estate Investor Activity Plummets; Condo Purchases Reach 8-Year Low
U.S. real estate investor activity has seen a significant decline, with condo purchases hitting their lowest Q4 level since 2012. Economic and political uncertainties are making investments riskier, causing some investors to reconsider their strategies.
Elon Musk's Tesla to Open First India Showroom in Mumbai for Imported EVs
Tesla, the leading electric vehicle manufacturer, has signed a deal to open its first showroom in Mumbai, marking a significant step towards entering the Indian market with imported EVs.
The Executive Centre Expandsits Footprint in Mumbai, Pune, and Bengaluru
The Executive Centre, a leading provider of premium office space, is set to expand its portfolio across major Indian cities, including Mumbai, Pune, and Bengaluru. This strategic move aims to capitalize on the growing demand for high-quality, flexible wor
Sustainability Meets Luxury: The Rise of Biophilic Design in Modern Real Estate
Discover how biophilic design is transforming the ultra-luxury real estate market, particularly in the NCR region, by integrating nature and sustainability into modern living spaces.