Mumbai Real Estate, February 7, 2025: Bollywood music composer and singer Anu Malik is widely recognised for his iconic contributions to Indian cinema. Recently, he and his wife, Anju Malik, have sold two luxury apartments in Mumbai’s upscale Santacruz West for a total of ₹14.49 crore. The transaction, officially registered in February 2025, adds to the growing list of high-profile deals in the city’s booming luxury real estate market.
Anu Malik’s apartments in Mumbai’s Khushi Belmondo is a ready-to-move-in residential project by Khushi World Developers. This spans a total built-up area of 233.64 sq. m. (~2,515 sq. ft.). The agreement also includes two dedicated car parking spaces. According to property registration documents reviewed by Square Yards, the sale incurred a total stamp duty payment of ₹86.91 lakh and registration charges of ₹30,000.
The Developer and Project Highlights
Khushi Belmondo is a prestigious development by Khushi World Developers. It offers high-end residences with modern architectural designs, premium fittings, and high-end security. This Luxury apartment in Mumbai has attracted notable buyers, with previous transactions reaching up to ₹19 crore between January 2024 and December 2024.
Santacruz West: An Excellent Real Estate Destination
Santacruz West has grown in popularity due to its well-planned location and excellent connectivity. It is also close to Chhatrapati Shivaji Maharaj International Airport and Bandra Kurla Complex (BKC), Mumbai’s premier business district. Major infrastructure developments, such as the coastal road project and metro network expansion, have also boosted real estate demand in the area.
According to industry analysts, property values in Santacruz West have seen steady appreciation due to limited supply and increasing demand from high-net-worth individuals (HNIs) and celebrities. “The area has become a hotspot for luxury flats in Santacruz Mumbai, attracting premium buyers seeking modern amenities and seamless connectivity,” says a Mumbai Real Estate consultant.
How Does This Sale Compare to Recent Luxury Deals?
Anu Malik’s apartments in Mumbai sale follows a trend of celebrities and business tycoons investing in Mumbai’s western suburbs. In 2024, multiple transactions in high-end residential projects in Bandra, Juhu, and Santacruz West were recorded. With property prices between ₹50,000 and ₹70,000 per sq. ft., Khushi Belmondo attracts buyers seeking luxury homes with high-quality construction and exclusive amenities.
Anu Malik: A Glimpse Into His Real Estate Moves
With a career spanning over four decades, Anu Malik is known for his contributions to Bollywood music. While details of his real estate investments remain private, his decision to sell these Anju Malik Mumbai Apartments aligns with a pattern of celebrities diversifying their asset portfolios. Whether this sale signals a shift in his investments or a personal realignment remains speculative.
What Does This Mean for Mumbai’s Luxury Property Market?
The sale of Anu and Anju Malik’s luxury apartment underscores the growing demand for premium properties in Mumbai Real Estate. As infrastructure developments progress, experts predict a continued appreciation of luxury apartments in Mumbai. Santacruz West remains a lucrative option for investors and homebuyers, offering both lifestyle appeal and financial returns. Mumbai’s luxury real estate market is resilient, and high-value transactions like this reinforce the city’s position as a prime destination for upscale residential investments.
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