A Star-Studded Real Estate Move in Mumbai

In a significant real estate development, Deepika Padukone’s KA Enterprises LLP has acquired a lavish apartment in Bandra West for Rs. 17.78 crore. This strategic purchase, confirmed through registration documents reviewed by industry experts, highlights the ongoing trend of celebrity investments in prime properties.

Details of the Luxurious Acquisition

The new property is situated within the prestigious Sagar Resham Co-operative Housing Society, a development by Enorm Nagpal Realty. Covering an impressive 171.47 square metres (~1,846 square feet), the apartment features premium amenities and a designated parking space. The transaction, registered in September 2024, included a substantial stamp duty of nearly Rs. 1.07 crore and registration fees of Rs. 30,000.

Family Real Estate Trends: A Concurrent Purchase

In a parallel move, Anju Bhavnani, mother-in-law of Deepika Padukone and mother of actor Ranveer Singh, purchased an adjacent apartment for Rs. 19.13 crore. This property, measuring 1,822.45 square feet (~169 square metres), also boasts a dedicated parking spot. The transaction incurred a stamp duty of Rs. 95.68 lakh.

Strategic Leasing: A Smart Investment

Interestingly, on the day of the purchase, Anju Bhavnani’s new apartment was leased to her daughter and son-in-law. This lease, registered under R.S. Filmcraft (OPC) Pvt. Ltd. and Oh Five Oh Talent LLP, spans 55 months with an initial monthly rent of Rs. 8.20 lakh, increasing to Rs. 9.43 lakh thereafter. A hefty security deposit of Rs. 73.80 lakh was also part of the agreement, reflecting the high-stakes nature of real estate in this celebrity enclave.

Bandra West: The New Hub for Celebrity Investments

This duo of property transactions adds to a growing list of high-profile real estate dealings in Bandra West. Recent notable purchases by Bollywood luminaries, including Aamir Khan and Athiya Shetty, underscore the area’s desirability, with transaction values ranging from Rs. 9.76 crore to Rs. 20 crore.

As the real estate market in Mumbai continues to attract the affluent, Deepika Padukone and Anju Bhavnani’s investments represent a noteworthy trend of celebrities securing luxurious residences in one of the city’s most coveted neighborhoods.