Madhuri Dixit and her husband, Dr. Shriram Madhav Nene, have completed yet another profitable real estate transaction in Mumbai by selling a residential apartment in Juhu for ₹4.40 crore, according to property registration documents accessed by CRE Matrix. The couple sold the apartment nearly 14 years after acquiring it. This adds another high-value transaction to their recent string of property sales.
The sale generated a capital appreciation of nearly 127% over the original purchase price. This indicates the long-term value creation in one of Mumbai’s most sought-after residential neighborhoods.
Transaction Details
The apartment is located on a lower floor of Iris Park, part of The Deep Varsha Co-operative Housing Society Ltd. The residential complex is situated on Military Road within the prestigious Juhu Vile Parle Development (JVPD) Scheme.
The apartment offers a carpet area of 774 sq ft. Notably, the couple sold the stilt parking space attached to the apartment separately to another homebuyer on December 15, 2025, according to CRE Matrix
The transaction was officially registered on July 3, 2026. The buyer paid ₹26.40 lakh as stamp duty along with ₹30,000 towards registration charges.
How Much Did the Property Appreciate Over Time?
Property registration documents show that Madhuri Dixit and Dr. Shriram Nene purchased the apartment on June 4, 2012, for ₹1.94 crore.
By selling it for ₹4.40 crore, the couple realised a capital appreciation of approximately 127% over nearly 14 years. The transaction reflects the sustained demand and long-term value appreciation of premium residential properties in Mumbai’s Juhu market.
Is Madhuri Dixit Actively Monetising Her Mumbai Real Estate Portfolio?
This is the third major property transaction involving the couple within the last eight months.
In December 2025, Madhuri Dixit and Dr. Shriram Nene sold another apartment in the same Juhu building. The couple sold the 780.13 sq ft residence for ₹3.90 crore. They purchased it for ₹1.95 crore more than 13 years earlier. The sale delivered a capital appreciation of nearly 99.22%.
More recently, Madhuri Dixit sold a commercial office in Andheri West for ₹4.85 crore, nearly 18 years after purchasing it for ₹52.5 lakh. Located in Morya Landmark-II Premises Co-operative Society Ltd, the 1,594.24 sq ft office was purchased by Frames Production Company Private Limited. The transaction was registered on June 23, 2026, attracted ₹29.10 lakh in stamp duty, and included three car parking spaces.
Why Does Juhu Continue to Attract High-Value Property Buyers?
Juhu remains one of Mumbai’s most prestigious residential destinations. The locality is home to several Bollywood celebrities, including Varun Dhawan and Amitabh Bachchan, along with film producers, directors, and business leaders.
Its central location offers convenient access to key commercial and entertainment hubs. These include Bandra, Khar, Andheri, and Goregaon, where many film studios and production houses operate. This accessibility, combined with premium residential developments and sea-facing properties, continues to drive demand among affluent homebuyers.
According to local property brokers, residential apartments in Juhu typically command prices ranging from ₹60,000 to ₹1 lakh per sq ft.
What Do These Transactions Reveal About Mumbai’s Premium Housing Market?
The recent property sales by Madhuri Dixit and Dr. Shriram Nene underline the wealth-creation potential of premium residential assets in established Mumbai neighbourhoods. As demand for high-end homes remains resilient, long-term property ownership in locations such as Juhu continues to generate substantial capital appreciation.
These transactions also highlight sustained buyer interest in premium residential and commercial properties, reflecting the enduring strength of Mumbai’s luxury real estate market.
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