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Shaan and wife Radhika make real estate move in Mumbai's Bandra, invest in three luxury flats worth 48 crore

Mumbai real estate: Shaan and his wife, Radhika Mukherji, have purchased three flats in Bandra West for a total consideration of ₹48 crore

Published on: Aug 22, 2026, 15:44:28 IST
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Shantanu Mukherji, popularly known as Bollywood singer Shaan, and his wife, Radhika Mukherji, have purchased three flats in Bandra West, Mumbai, from developer NVK Realty LLP for a total consideration of 47.64 crore, according to property registration documents accessed by CRE Matrix.

Shantanu Mukherji, popularly known as Bollywood singer Shaan, and his wife, Radhika Mukherji, have purchased three flats in Bandra West, Mumbai, for a total consideration of  ₹47.64 crore (Photo: Instagram)
Shantanu Mukherji, popularly known as Bollywood singer Shaan, and his wife, Radhika Mukherji, have purchased three flats in Bandra West, Mumbai, for a total consideration of ₹47.64 crore (Photo: Instagram)

The apartments are located on higher floors of the Palmera project on Turner Road in Bandra West and have a combined area of 6,267.87 sq ft. Each unit was purchased for 15.88 crore, the documents showed.

The transaction attracted a total stamp duty of 2.70 crore and was registered on August 20, 2026. The purchase also includes nine car parking spaces.

The new residence has been created by joining three separate apartments and was officially registered on August 20, the documents showed.

The singer could not be reached for comment.

The developer’s website states that the luxury condominium on Turner Road in Bandra West has significant Bollywood history, as it was formerly the home of veteran film actor Mala Sinha.

Last year, Shaan, along with his wife Radhika, had purchased a luxury bungalow in Prabhachiwadi, Pune, for 10 crore, according to property registration documents reviewed by Square Yards.

The couple had purchased a luxurious plot-plus-bungalow property. The plot spans approximately 0.4 hectares (~4,787.92 sq. yd), while the built-up area is around 5,500 sq. ft. (~511.04 sq. m). The transaction incurred a stamp duty of Rs. 50 lakh and a registration fee of Rs. 30,000.

Shantanu Mukherjee is a celebrated Indian playback singer with a career spanning over two decades. He has delivered numerous chart-topping hits in Bollywood, including songs from films like Kal Ho Naa Ho, Tanu Weds Manu, and Dus.

Bollywood singers who have invested in Mumbai’s real estate

Earlier this year, playback singer Shreya Ghoshal, along with her mother Shamishtha Ghoshal and father Biswajit Ghoshal, purchased an apartment in Worli, Mumbai, for 29.70 crore, according to property registration documents reviewed by Square Yards.

Also Read: Maharashtra plans to restrict developers from taking over 80% payment from homebuyers when signing agreement for sale

Last year, playback singer Jubin Nautiyal has purchased a 4 BHK apartment for 4.94 crore in Mumbai's Madh Island area, according to property registration documents accessed by Zapkey.com

Singer Stebin Ben and his family members Ben Alexander and Jyotsna Ben, also purchased a duplex apartment in Mumbai’s Bandra locality for 6.67 crore last year, documents accessed by Square Yards showed.

Also Read: NRI plans to sell Navi Mumbai 2BHK before redevelopment; family opposes move, Redditors back sale

Bollywood composer and singer Anu Malik and his wife Anju Malik sold two apartments for 14.49 crore in Mumbai's Santacruz West area, according to property registration documents accessed by SquareYards.

 
ABOUT THE AUTHOR
Vandana Ramnani

Vandana Ramnani leads the real estate vertical at Hindustan Times Digital, bringing over two decades of journalism experience across real estate, education, human resources, and foreign affairs. She specialises in India’s real estate sector, covering residential and commercial markets in Delhi-NCR, Mumbai, and Bengaluru, with in-depth reporting on regulatory developments, urban policy, housing trends, and interviews with industry leaders. Her work has also appeared in the Hindustan Times newspaper and HT Estates. Earlier, Vandana played a key role in establishing the real estate vertical at Moneycontrol (NW18 Group), shaping its editorial direction and market coverage. She has also written extensively on international education for HT Education, tracking global study destinations, policy changes, and student mobility trends, earning the Singapore Education Award 2009 for Best Media Coverage (Print). Her reporting portfolio includes human resources and employment trends for HT ShineJobs and PowerJobs, as well as lifestyle and interior design features for HT Premium Homes. Vandana began her career with the Press Trust of India, gaining strong editorial and reporting expertise. She was also selected for a prestigious fellowship at Fondation Journalistes en Europe in Paris, where she wrote for EuroMag. One of her notable reporting assignments included covering Germany’s capital relocation from Bonn to Berlin. Outside of journalism, Vandana is a passionate traveller, constantly seeking out charming hideaways across India and the lesser-known, offbeat corners of Southeast Asia.

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