Actor Ranveer Singh has purchased a sea view quadruplex flat in a super-premium residential tower block Sagar Resham on Bandstand in Mumba Bandra West for Rs 119 crore, making it one of the most expensive deals for a single residential apartment anywhere in the country, the documents of the same approached by IndexTap, showed. A company called Oh Five Oh Media Works LLP, in which actor Ranveer Singh Bhavnani and his father Jugjeet Sundersingh Bhavnani are directors, has bought the apartment from Huge Nagpal Realty LLP and has paid a total stamp duty of Rs 7.13 crore for the transaction that has been carried out. concluded through two separate agreements.
The apartment, which is spread over the 16th, 17th, 18th and 19th floors of the tower, has a total floor space of 11,266 m² and an exclusive terrace of 1,300 m². The deal is valued at more than 1 lakh per square foot, in line with ongoing real estate prices in the area.
The CEO and co-founder of CRE Matrix & Indextap, Abhishek Kiran Gupta, said: “Bandra-Juhu belt is the favorite among the tinsel city. Therefore, we are not surprised by this transaction. The Bandstand location is especially the most sought after, with superstars Salman Khan and Shahrukh Khan living nearby, this deal was struck at just over ₹1 lakh per square meter as the property comes with a spacious terrace and several parking garages, further enhancing the luxury deal.” Abhishek Kiran Gupta, CEO & Co-Founder, CRE Matrix & Index Tap.
RanveerHis latest purchase makes him the neighbor of Bollywood superstar Shahrukh Khan as the apartment is near King Khan’s bungalow Mannat on the same lot.
Recently, Siddharth Jain, director of INOX Leisure, had purchased a luxury sea view quadruplex flat in the upscale Mumbai town of Worli worth Rs 144 crore in a super premium residential tower on Dr. Annie Besant Road. The unit was an amalgamation of flats on the 42nd, 43rd, 44th and 46th floors in Raheja Legend.
Feat Properties Pvt Ltd, a subsidiary of K Raheja Corp, purchased a 3,278 sqm bungalow in the Juhu area of Mumbai in May 2022 for Rs 182.75 crore from the family of Bollywood director and producer BR Chopra.