Subhash Ghai sells Jogeshwari flats for Rs 11.61 | Indian Movie News
Veteran Bollywood filmmaker Subhash Ghai has made headlines with a vital real estate transaction, promoting two luxurious residences in Mumbai’s Jogeshwari for a mixed Rs 11.61 crores. The properties, positioned within the upscale Splendor Complex Co-op Housing Society Ltd., have been offloaded in March 2025 below his company, Mukta Tele Arts Private Limited. This transfer by the “Showman of Bollywood” underscores the thriving luxurious property market in Mumbai’s western suburbs and highlights Ghai’s strategic method to his real estate portfolio.
A Lucrative Deal in Jogeshwari’s Splendor Complex
The two residences, every fetching Rs 5.80 crores, boast a carpet space of 889 sq ft and a built-up space of 1,067 sq ft, reflecting a premium price level in Jogeshwari’s aggressive real estate scene. Registered with a stamp obligation of Rs 34.83 lakh per unit and a Rs 30,000 registration payment, the transactions signal robust demand for high-end residences on this well-connected locality. Developed by Oberoi Realty, the Splendor Complex presents trendy facilities and proximity to Mumbai’s business and leisure hubs, making it a hotspot for prosperous patrons.
Why Jogeshwari? Mumbai’s Rising Real Estate Star
Jogeshwari, nestled in Mumbai’s western suburbs, has emerged as a prime residential vacation spot because of its seamless connectivity through the Western Express Highway and Jogeshwari-Vikhroli Link Road (JVLR). With quick access to Andheri’s bustling business districts and Goregaon’s movie studios, the realm appeals to Bollywood elites like Ghai. The sale of these residences at over Rs 54,000 per sq ft (built-up space) displays the suburb’s growing worth, pushed by infrastructure upgrades and a surge in luxurious housing demand in 2025.
Subhash Ghai’s Real Estate Playbook
This isn’t Ghai’s first foray into Mumbai’s property market this yr. In February 2025, he and his spouse, Mukta Ghai, acquired a sprawling 4BHK condominium in Bandra’s elite 81 Aureate Tower for Rs 24 crores, a buy that included three parking areas and a hefty Rs 1.44 crore stamp obligation. Just a month prior, in January, the couple bought an Andheri condominium for Rs 12.85 crores, pocketing a 47% revenue from their 2016 investment of Rs 8.72 crores.
Also Read: Subhash Ghai jokes at Karz screening at Red Lorry Film Festival: “Date during my film and you’ll end up married” – Neetu Kapoor agrees; takes a dig at Filmfare for snubbing Simi Garewal’s efficiency, says “It’s their LOSS”
Subhash Ghai sells Jogeshwari flats for Rs 11.61 | Watch Online Free
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