Cricketer KL Rahul and wife Athiya Suneil Shetty purchase ₹20 crore apartment in Mumbai's Pali Hill area

Cricketer KL Rahul’s apartment measures 3,350 sq ft and is located in an 18-floor building in Pali Hill area in Bandra, according to the documents.

Published on: Jul 17, 2024, 17:09:56 IST

By Mehul R Thakkar

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KL Rahul, cricketer and his wife Athiya Suneil Shetty, daughter of Bollywood actor Suniel Shetty, have purchased an apartment in Pali Hill area in Bandra, Mumbai, for ₹20 crore, according to the property registration documents accessed by IndexTap.com

Cricketer KL Rahul and his wife Athiya Suneil Shetty, daughter of Bollywood actor Suniel Shetty, have purchased an apartment in Pali Hill area in Bandra. (AP)

The property measuring 3,350 sq ft is located on the second floor of the ground-plus-18 floors of Sandhu Palace building in Pali Hill area in Bandra, according to the documents.

The ground-plus-18 floors building has received a partial occupation certificate from the Brihanmumbai Municipal Corporation (BMC), the documents added.

Also Read: Mumbai’s luxury housing sales up by 8% in H1 2024; touch ₹12,300 crore: Report

Rahul and Shetty have paid stamp duty of ₹1.20 crore and a registration fee of ₹30,000, according to the documents.

The apartment comes with four car parking spaces. The transaction was registered on July 15, according to the documents.

Recently, the Board of Control for Cricket in India (BCCI) announced that it will distribute a prize money of ₹125 crore among the title-winning squad and the coaching staff of the Indian cricket team for winning the world cup.

A query sent to Sandhu Builders and KL Rahul did not get any response.

Also Read: Parle Biscuits Private Limited sells three apartments for ₹45 crore in Mumbai

Pali Hill - A star-studded enclave

Pali Hill is a premium address where several Bollywood stars and high net worth individuals have bought homes. The per sq ft rate of several luxury housing projects range from ₹1 lakh per sq ft and above, according to local brokers.

Also Read: Why did Abhishek Bachchan buy two 252 sq ft apartments in Mumbai alongside four large flats on the same floor?

Pali Hill was in the news in August 2023 after Bollywood star Dilip Kumar's bungalow, a local landmark that once stood on a 2,000 square metre (sq m) plot, underwent redevelopment. Bollywood actor Aamir Khan's building in Pali Hill is also set to be redeveloped.

Several Bollywood stars like Salman Khan, Shahrukh Khan, Saif Ali Khan, Janhvi Kapoor and Tripti Dimri also have properties in Bandra.

ABOUT THE AUTHOR
Mehul R Thakkar
Mehul R Thakkar is a Mumbai-based journalist who closely tracks the city’s ever-evolving real estate landscape. He believes that Mumbai presents a unique reality that, while Mumbaikars deeply aspire to own a home in the city of dreams, many spend little actual time living in it due to long commutes and demanding work lives. With over 11 years of experience in journalism, I have reported across a wide spectrum of beats, including real estate, housing, infrastructure, aviation, and education. I have also extensively covered the workings of India’s wealthiest civic body, the Brihanmumbai Municipal Corporation (BMC), providing insight into the policy, governance, and urban planning decisions that directly influence Mumbai’s growth. Before joining Hindustan Times, I worked in fast-paced digital and print newsrooms, including Moneycontrol.com and Deccan Chronicle, as well as national dailies such as The Asian Age and DNA. Outside the newsroom, I am an avid weather tracker, a fan of spy thrillers in both books and films, and a keen follower of international affairs.Read More

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