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Mumbai real estate deal: Kangana Ranaut sells bungalow in Bandra's Pali Hill for 32 crore

Kangana Ranaut's bungalow in Bandra's Pali Hill was in the news four years ago over alleged structural violations

Published on: Sep 9, 2024, 17:04:51 IST
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Kangana Ranaut, a BJP MP and Bollywood actor, has sold her bungalow in Bandra's Pali Hill area of Mumbai for 32 crore, according to property registration documents accessed by Zapkey.

Kangana Ranaut sells bungalow in Bandra's Pali Hill for  ₹32 crore (HT File Photo)
Kangana Ranaut sells bungalow in Bandra's Pali Hill for ₹32 crore (HT File Photo)

The bungalow was purchased by Kangana Ranaut for 20 crore in September 2017, the documents further revealed.

The bungalow is spread across a built-up area of 3,075 sq ft and has parking space of 565 sq ft, the documents added.

The transaction was registered on September 5, 2024 for which a stamp duty of 1.92 crore and a registration fee of 30,000 has been paid, according to the documents.

The buyer is Kamalini Holdings's partner Shweta Bathija based in Coimbatore, Tamil Nadu, the documents showed.

Also Read: Top 5 Bollywood property deals: Here's what Kangana Ranaut, Sajid Khan, Kartik Aaryan bought and sold in Mumbai

A query sent to Kangana Ranaut did not get any response and Kamalini Holdings's partner Shweta Bathija could not be reached for a comment.

Pali Hill's Bollywood connection

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

Pali Hill has been home to several Bollywood stars, such as the late Sunil and Nargis Dutt, the late Rishi Kapoor, Neetu Singh, Gulzar, Imran Khan, Aamir Khan, Sanjay Dutt, among others.

In an interview to a newspaper in 2023, the Bollywood star had said that she was bound to get compensation for the demolition at her lavish Mumbai home, but the process never moved ahead. She added that she now doesn't want any compensation because it's taxpayers' money.

Also Read: From Karishma Kapoor to Amitabh Bachchan, here’s why Bollywood stars prefer to invest in commercial properties

In September 2020, the Brihanmumbai Municipal Corporation (BMC) had partially demolished her property in Pali Hill, Bandra. The demolition was carried out on the grounds of alleged unauthorised construction.

Kangana Ranaut recently was also in the news for buying an office space in Mumbai's Andheri area for 1.56 crore, according to property registration documents accessed by Propstack.

Also Read: Kangana Ranaut buys 407 sq ft office space in Mumbai's Andheri for 1.56 crore

The property spread across 407 sq ft is located on the 19th floor of a building named Arch One and was purchased at a per sq ft rate of 38,391 sq ft on carpet, according to the documents.

 
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.

Stay updated with the latest Real Estate News, property prices, housing trends and major projects. Explore market updates, investment insights and property developments across India.
Stay updated with the latest Real Estate News, property prices, housing trends and major projects. Explore market updates, investment insights and property developments across India.
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