Tuesday, 02 January 2024 12:17 GMT

Bollywood Actor Tiger Shroff Sells Apartment In Mumbai For ₹15.6 Cr, Bags 31% Profit


(MENAFN- Live Mint) Bollywood actor Tiger Shroff has sold his apartment in Mumbai's Khar area for ₹15.6 crore, earning a profit of nearly 31%, as per documents reviewed by online property portal Square Yards.

The property sale comes shortly after the actor's latest action film, Baaghi , which hit theatres on 5 September. The movie made a strong start, grossing over ₹30 crore in its opening weekend.

Details of the apartment

Tiger Shroff, the son of veteran actor Jackie Shroff, purchased the apartment in 2018 for ₹11.62 crore. The property is located in a building named Rustomjee Paramount, as per the property registration documents.

The apartment situated on the 22nd floor of the building has a carpet area of 1,989.72 sq ft and a built-up area of 2,189 sq ft. It also has three car parking spaces.

Also Read | From real estate to insurance: Which sectors win big from GST 2.0 cuts?

According to the registration document, the buyer, Sandeep Saraf, who reportedly lives in the same building, paid a stamp duty of ₹93.60 lakh along with registration charges of ₹30,000.

All about Khar real estate market

Khar, located north of Bandra and south of Santacruz, is one of Mumbai's most established and high-value real estate markets, offering a combination of premium residential and commercial properties .

Popular Bollywood actors like Disha Patani, Sunil Shetty and Rani Mukherjee also own apartments in Mumbai's affluent Khar, including in Rustomjee Paramount.

Also Read | Love over market rate: Hrithik Roshan leases apartment to Saba Azad for ₹75,000 Also Read | Manhattan's real estate agent booked for biting child's arm during concert

Disha Patani purchased her flat for ₹5.95 crore on July 16, 2021, while Rani Mukherjee bought a unit for ₹7.12 crore just a day earlier.

The area features a mix of high-end apartments and commercial properties, attracting both end-users and investors. The area is well-connected through the Western Express Highway and upcoming Metro lines, with proximity to major business districts such as Bandra Kurla Complex (BKC), Lower Parel, and Chhatrapati Shivaji Maharaj International Airport, making it an appealing location for property buyers.

MENAFN08092025007365015876ID1110029966

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search