Subhash Ghai and wife sell Mumbai apartment for Rs | Indian movie News

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Subhash Ghai and wife sell Mumbai apartment for Rs | Indian Movie News


Bollywood filmmaker Subhash Ghai and his wife Mukta Ghai have bought their 1,760-square-foot apartment in Andheri West, Mumbai, for Rs 12.85 crore. The property is positioned within the upscale Rustomjee Elita building and consists of two parking areas. Documents accessed by Zapkey.com reveal that the apartment was bought on January 22, 2025, at an spectacular Rs 72,000 per sq ft.

Ghai initially bought the apartment in August 2016 for Rs 8.72 crores, a important revenue over eight years. The sale was registered with a stamp obligation fee of Rs 77 lakh and a registration charge of Rs 30,000. The purchaser, Sameer Gandhi, has acquired a prime property in a single of Mumbai’s most sought-after locales.
Property Details and Market Insights
The apartment, positioned on the 14th flooring of Rustomjee Elita, boasts panoramic views and is a component of a building within the coronary heart of Mumbai’s western suburbs. Andheri West is a prime real estate hub surrounded by outstanding neighborhoods like Lokhandwala, Juhu, and Bandra. The space is home to a number of Bollywood personalities, making it one of Mumbai’s most fascinating places for real estate investments.

Local brokers verify that properties in Andheri usually command costs above Rs 50,000 per sq ft, with premium developments fetching upwards of Rs 65,000 per sq ft. The sale price achieved by Ghai aligns with these market trends, underlining the continued demand for luxurious houses within the space.
Bollywood Real Estate Trends
Subhash Ghai just isn’t the one Bollywood movie star making real estate headlines. Recently, Amitabh Bachchan bought a luxurious duplex in Andheri for Rs 83 crore, realizing a 168% revenue within 4 years of buy. Similarly, Akshay Kumar has been within the information for property transactions in Mumbai’s suburban areas. These high-profile offers spotlight the profitable potential of Mumbai’s real estate market, particularly in areas frequented by the movie fraternity.

Also Read: Subhash Ghai passes Deva title to Siddharth Roy Kapur, initially reserved for Amitabh Bachchan: “It carries immense legacy and weight”

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