Renowned Bollywood filmmaker Subhash Ghai has made headlines in the real estate sector by selling two prime apartments in Mumbai for a total of ₹11.61 crore. This move highlights the lucrative nature of real estate investments, particularly in Mumbai’s thriving property market.
According to property registration documents accessed by Square Yards, the transactions took place on March 7, 2025. The two housing units, located in Splender Complex Co-op Housing Society Ltd in Jogeshwari, Mumbai, were registered under Mukta Tele Arts Private Limited.
Each apartment was sold for ₹5.80 crore, featuring a carpet area of 889 sq. ft (~82.59 sq. m) and a built-up area of 99.14 sq. m (~1,067 sq. ft). The transactions attracted a stamp duty of ₹34.83 lakh and a registration fee of ₹30,000 each.
Jogeshwari, a sought-after location in Mumbai’s western suburbs, offers seamless connectivity to major commercial and entertainment hubs. With excellent access via the Western Express Highway, Jogeshwari-Vikhroli Link Road (JVLR), and multiple railway stations, the area is an attractive destination for investors and homebuyers alike.
Developed by Oberoi Realty, the Splender Complex Co-op Housing Society Ltd boasts premium residential amenities, adding to the appeal of these high-value transactions.
Ghai’s Real Estate Moves
Subhash Ghai has been actively reshuffling his real estate portfolio. In February 2025, he and his wife, Mukta Ghai, acquired a luxury apartment in Bandra West for ₹24 crore. This property, situated in the prestigious 81 Aureate by MJ Shah Group, spans 4.48 acres and features opulent 4 BHK residences.
Additionally, the couple had recently sold another Mumbai property in Andheri for ₹12.85 crore, further demonstrating their strategic approach to real estate investment.
As celebrities leverage Mumbai’s dynamic real estate market, potential investors can learn valuable lessons from these transactions. Here are crucial factors to consider before making a property investment:
Investing in prime locations with excellent connectivity and infrastructure ensures high appreciation potential. Areas like Jogeshwari, Bandra West, and Andheri continue to attract buyers due to their strategic positioning.
Understanding tax liabilities is crucial. Investors should be aware of:
Beyond the purchase price, investors must factor in ongoing expenses such as:
To maximize returns, thorough financial planning is essential. Investors should evaluate cash flow, potential rental yield, and future appreciation trends before finalizing a deal.
Subhash Ghai’s recent property transactions underscore Mumbai’s ever-growing real estate opportunities. As the market evolves, investors should conduct due diligence, assess financial goals, and stay updated on tax regulations to ensure profitable investments. Whether buying or selling, strategic planning and expert advice can make all the difference in capitalizing on Mumbai’s booming real estate sector.
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