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Gauhar Khan Buys Three Apartments Worth ₹10.13 Crore in Mumbai's Versova

Gauhar Khan Buys Three Apartments Worth ₹10.13 Crore in Mumbai's Versova

Mumbai's real estate market continues to attract high-profile buyers, with Bollywood actor and model Gauhar Khan making a significant investment in the city. Gauhar Khan has purchased three apartments in Versova's prestigious Shiv Kutir Co-operative Housing Society Limited for a total of ₹10.13 crore.

Details of the Property Purchase

The property documents reveal that the three apartments collectively measure 3,497 sq ft in carpet area. Two of these apartments, located on the 14th and 15th floors of the building, were jointly purchased by Gauhar Khan and her husband, Zaid Darbar. These two apartments, covering an area of 2,393 sq ft, were acquired for ₹7.33 crore. The third apartment, which measures 1,104 sq ft, is solely registered in Gauhar Khan’s name and was purchased for ₹2.80 crore.

Financial and Legal Aspects

The transaction also involved a stamp duty payment of ₹57.95 lakh and a registration fee of ₹60,000. Interestingly, Gauhar Khan benefited from the Maharashtra government's 1% stamp duty concession, a scheme designed to encourage women homebuyers.

Additionally, the purchase includes three dedicated car parking spaces, adding further value to the deal. The seller of all three apartments is identified as Kishore Patel. However, neither the buyer nor the seller could be reached for comments on the transaction.

Real Estate Market Insights

Versova has long been a desirable location for homebuyers due to its coastal proximity, connectivity, and vibrant lifestyle. According to Square Yards' Project Data Intelligence, five transactions totaling ₹14 crore have been registered in Shiv Kutir CHS between February 2024 and January 2025. The average resale property price in the project currently stands at ₹25,387 per sq ft.

Growing Interest in Luxury Real Estate

Gauhar Khan's investment highlights the continued appeal of Mumbai’s luxury real estate market, particularly in high-end areas like Versova. With increasing demand for spacious, well-located properties, real estate in this locality is expected to appreciate in the coming years.

For real estate investors and homebuyers, such transactions reinforce the long-term value of premium residential projects in Mumbai. Whether for personal use or investment purposes, Mumbai's luxury housing market continues to be a hotspot for celebrities and high-net-worth individuals.

Stay tuned for more updates on Mumbai’s ever-evolving real estate landscape!

Posted by houzyy news desk on Feb. 12, 2025

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