Kangana Ranaut, a Bollywood actor turned Member of Parliament, has sold her ground-plus-three-storeyed row house with a total area of 3,075 square feet for Rs 32 crore. The row house is located at Chetak CHS on Nargis Dutt Road in Pali Hill, Bandra-West.
According to the property deal papers obtained by IndexTap.com, the purchaser Kamalini Holdings paid Rs 1.92 crore in stamp duty for the transaction, which was registered on September 5, 2024. The row house includes a garage for parking vehicles.
Ajay Devgn recently leased his commercial office space in Mumbai’s Andheri area to Kabir Khan Entertainment for Rs 7 lakh per month. The Leave and License agreement, which was formalised in September, incurred a stamp duty of Rs 1.12 lakh. Devgn’s office is located in Signature Tower and was built by Lotus Developers.
The project is on Veera Desai Road in Oshiwara, one of Mumbai’s Western Suburbs’ most desirable addresses. It has easy access to major highways, metro stations, and is close to the international airport, making it a popular location for businesses seeking well-connected office space. The community’s vibrant mix of retail, dining, and entertainment options contributes to its status as a business hub.
Mumbai recorded approximately 11,735 property registrations in August 2024, contributing more than Rs 1,072 crore to the state exchequer. Property registrations increased by 8% year on year (YoY) compared to the same period last year, with revenue from these registrations increasing by 32% YoY. Sustained buyer confidence has resulted in consistent sales of over 10,000 units for the first eight months of the year, marking eleven months of annual growth since August 2023.
This continued surge in property transactions is attributed to increased economic prosperity and a growing preference for homeownership among Mumbai residents. According to Knight Frank, residential units accounted for 80% of total registrations in August 2024, highlighting the city’s strong housing demand.
