Mumbai’s real estate market has yet another celebrity touch! Bollywood actress, model, and reality show winner Gauahar Khan has invested in three luxury apartments in Mumbai’s upscale Versova area. Known for her dynamic presence on screen and an impressive stint in Bigg Boss 7, where she emerged as the winner, Gauahar is now making headlines with her multi-crore property purchase. Let’s learn more about this high-profile transaction and what makes Versova a hot spot for real estate investments in this post.
Inside Gauahar Khan’s High-Profile Property Purchase
Gauhar Khan’s latest real estate investment in Mumbai showcases her keen eye for premium properties and smart financial decisions. She has purchased three apartments worth ₹10.13 crore with insights and market analysis provided by Square Yards, a leading real estate advisory firm. The data-driven approach of Square Yards has played a crucial role in guiding investors, including celebrities like Gauahar, to make informed property decisions in Shiv Kutir Co-operative Housing Society Limited in Versova, marking a significant Mumbai real estate investment.
Out of the three, two apartments were jointly bought with her husband, choreographer Zaid Darbar, measuring 2,393 sq. ft., with a cost of ₹7.33 crore. The third apartment, solely registered in Gauahar’s name, has a 1,104 sq. ft. carpet area and was purchased for ₹2.80 crore. The transaction included three car parking spaces, a valuable addition to Mumbai’s crowded real estate market. A stamp duty of ₹57.95 lakh was paid, with Gauahar benefiting from the 1% stamp duty concession for women homebuyers in Maharashtra.
The Value and Appeal of Versova, Mumbai Real Estate
Versova is one of Mumbai’s most desirable residential neighbourhoods, making it a key player in the Mumbai real estate market. It is situated in the western suburbs and offers luxury and convenience. Versova is well-connected by the Mumbai Metro, Link Road, and the Western Express Highway, making commuting easy to business districts like Bandra and Andheri. Several Bollywood stars, including Amitabh Bachchan, Salman Khan, and Shah Rukh Khan, own properties near Juhu, Bandra, and Lokhandwala, making it a prime area for Mumbai celebrity homes. Versova is known for its beachside charm with cafes, restaurants, and entertainment hubs. With real estate prices averaging ₹25,387 per sq. ft., Versova remains a high-return investment choice.
Luxury Apartments in Mumbai: A Booming Trend
Gauahar Khan isn’t the only celebrity investing in luxury apartments in Mumbai. Recently, actor Ronit Roy and wife Neelam Roy bought an apartment in Versova for ₹18.94 crore. High-net-worth individuals (HNIs) invest in premium real estate across Mumbai, driven by infrastructure developments like coastal roads, new metro lines, and the upcoming bullet train project. Gauahar Khan’s Mumbai property purchase highlights the continued demand for spacious, premium apartments in prime locations.
Gauahar Khan’s Smart Move: A Star’s Investment in Luxury Living
Gauahar Khan’s career has been as versatile as her investments. She has always stayed in the limelight, from ruling the Bigg Boss house in 2013 to starring in hit films like Rocket Singh: Salesman of the Year and Ishaqzaade. She has also been popular in television reality shows and music videos. With her recent move to purchase three apartments, Gauahar Khan has now joined the growing list of Bollywood stars making smart Mumbai real estate investment decisions.
Square Yards in Media and Market Influence
Square Yards was featured in some of the prominent news portals. It remains at the forefront as real estate evolves, shaping discussions on Mumbai real estate investment and providing valuable insights into market movements.
