Deepika Padukone’s Firm Acquires ₹17.8 Crore Apartment in Mumbai’s Bandra West

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Bollywood actress Deepika Padukone’s company, KA Enterprises, has recently purchased an apartment in Mumbai’s Bandra West for ₹17.8 crore. The 1,845 sq ft apartment is situated on the 15th floor of the Sagar Resham Co-operative Housing Society, which features 4 BHK and 5 BHK units. The property, developed by Enorm Nagpal Realty LLP, comes at a built-up area rate of ₹96,400 per sq ft. The transaction incurred a stamp duty of ₹1.07 crore and registration charges of ₹30,000, according to documents accessed by Zapkey.com.

The property is located in a prime area of Mumbai, where the residential real estate market commands prices ranging from ₹50,000 to ₹1.50 lakh per sq ft. In neighborhoods like Carter Road, Bandstand, and Pali Hill, rates often exceed ₹1 lakh per sq ft. The deal between KA Enterprises and Enorm Nagpal Realty signifies the ongoing interest of Bollywood celebrities in Mumbai’s luxury real estate market.

In a related transaction, Ranveer Singh’s company, RS Filmcraft (OPC) Pvt Ltd, has leased the adjacent apartment, owned by his mother Anju Bhavnani, at a monthly rent of ₹8.2 lakh. The lease, which spans 55 months, includes an escalation clause where the rent will increase to ₹9.43 lakh after the first 33 months. The apartment, bought for ₹19.13 crore, covers an area of 1,822.45 sq ft and incurred a stamp duty of ₹95.68 lakh along with a registration fee of ₹30,000.

Deepika and Ranveer have been active in the real estate market, with reports indicating they have acquired multiple high-value properties in Mumbai. The couple’s portfolio includes a sea-facing quadruplex on Bandra Bandstand, occupying the 16th to 19th floors of the building. Spanning 11,266 sq ft of interior space with an additional 1,300 sq ft of terrace space, this property is said to be valued at over ₹100 crore. In 2021, they also purchased a bungalow in Alibaug for ₹22 crore.

The Bollywood power couple, who recently welcomed their first child, continue to make headlines both in their personal lives and professional careers. They are set to appear in the upcoming film “Singham Again,” directed by Rohit Shetty and featuring an ensemble cast including Ajay Devgn, Kareena Kapoor, Akshay Kumar, and Tiger Shroff. The film is scheduled for release during Diwali 2024. Ranveer Singh also announced his involvement in a new project with Sanjay Dutt, R Madhavan, Akshaye Khanna, and Arjun Rampal, as well as his role in Farhan Akhtar’s upcoming “Don 3.”

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