Kailash Kher sells 2,619 sq ft office space in Mumbai’s BKC for ₹10.75 crore, bought for ₹10.50 crore 10 months ago

Singer Kailash Kher has sold his 2,619 sq ft office in a building named Trade Centre in BKC for ₹10.75 cr, after buying it for ₹10.50 cr last year in November

Kailash Kher has sold an office space in Mumbai’s Bandra Kurla Complex (BKC) for ₹10.75 crore, according to property registration details accessed by CRE Matrix. Kher had purchased the office space in November last year for ₹10.50 crore. This means the singer has sold the property for ₹25 lakh more than his purchase price in less than a year.

Kailash Kher has sold an office space in Mumbai’s Bandra Kurla Complex (BKC) for ₹10.75 crore. (HT Files)

According to the documents, Kher sold the commercial property to Lakewater Retail Private Limited, with the transaction registered on September 9, 2026.

The office unit, located on the seventh floor of Trade Centre, opposite the MTNL Building in BKC, Bandra East. The office space has a carpet area of 2,619 sq ft. The transaction also includes one car parking space.

The property was sold for a consideration value of ₹10.75 crore, while a stamp duty of ₹64.50 lakh was paid on the transaction.

According to the transaction details, the price appreciation works out to around 2.4% over the purchase price, before accounting for transaction-related expenses, stamp duty, registration charges, taxes and other costs. Therefore, the ₹25 lakh difference between the purchase and sale consideration does not represent Kher’s actual net profit from the transaction.

About the building and the locality

Over a decade ago, Wadhwa Constructions sold office spaces in a 10-story commercial building called Trade Centre in BKC, where Kailash Kher has purchased office space. The project received a partial OC in September 2008 for the 3rd to 10th floors and in October 2008 for the ground floor and part of the first floor.

BKC is one of the most expensive commercial districts in the country; however, it has witnessed several Bollywood stars investing in real estate in BKC. In 2024, R Madhavan purchased a residential property in Mumbai's BKC. Madhavan purchased the property for ₹17.5 crore. Madhavan's latest property, ready for immediate occupancy, spans approximately 389 square meters (4,182 square feet) and features two parking spaces.

The office is situated in BKC, one of Mumbai’s most prominent commercial districts and a major hub for corporate offices, financial institutions and premium commercial real estate. The area has attracted several large companies and continues to be one of the city’s key business destinations. Commercial office assets in prime locations can attract investors and businesses because of their connectivity, proximity to corporate occupiers and potential for rental income and capital appreciation.