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
Politicians Unite Against Handover of Kurla Dairy Land for Dharavi Redevelopment
Congress MP Varsha Gaikwad and Shiv Sena MLA Mangesh Kudalkar join forces to oppose the proposal to hand over 21 acres of Kurla Dairy land to Dharavi Redevelopment Project Private Limited (DRPPL)
ED Arrests WTC Group Promoter Ashish Bhalla in Major Real Estate Fraud Case
The Enforcement Directorate (ED) has made a significant arrest in a real estate fraud case by apprehending Ashish Bhalla, promoter of the WTC Group of Companies, on March 6th.
Gold and Silver Prices Surge in Mumbai: 24k Gold Rate Reaches ₹89,550 - March 18
On March 18, 24k gold rates in Mumbai soared to ₹89,550 per 10 grams, marking a significant increase. Silver prices also saw a notable rise, reflecting the growing demand for precious metals in the financial market.
Nisus Fund Successfully Exits Investment in Shapoorji Pallonji Real Estate Subsidiary
Nisus Finance's RESO-I Fund has successfully exited its investment in Shapoorji Pallonji Real Estate's subsidiary, achieving an impressive 18.74% Internal Rate of Return (IRR). The Rs 105 crore investment has been a significant milestone for both parties
Revolutionizing the Real Estate Sector: How Technology is Transforming India's Property Market
Discover how technology is revolutionizing India's real estate sector, enhancing transparency, efficiency, and consumer trust. Saurabh Garg, Co-founder and Chief Business Officer at a leading real estate platform, shares insights into the transformative impact of tech in this dynamic industry.
Top Cities See 9% Increase in Housing Prices: PropEquity Report
Real estate data reveals a significant rise in housing prices across major cities, with PropEquity reporting a 9% increase. Key markets like Mumbai, Bengaluru, and Pune are leading the surge. Find out what's driving the trend and how it affects the market.