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Reliance Industries Limited Buys Three Luxury Homes at One Altamount Road for ₹85 Crore

Reliance Industries One Altamount Road purchase

In a significant luxury real estate transaction in South Mumbai, Reliance Industries Limited has purchased three residential units at One Altamount Road for ₹85 crore, according to property registration documents accessed by CRE Matrix.

Deal Details

The company acquired three units with a combined carpet area of around 3,162 sq ft, including a primary apartment measuring approximately 2,004.8 sq ft and two additional units of about 578.67 sq ft each. India Best Buy Private Limited sold the properties. The deal was registered on February 10, 2026, and Reliance Industries Limited paid nearly ₹5.10 crore in stamp duty, according to official documents.

A Premium South Mumbai Address

One Altamount Road stands in the prestigious Altamount Road–Cumballa Hill belt. The location ranks among Mumbai’s most exclusive residential zones. It attracts industrialists, business families, and ultra-high-net-worth buyers seeking prime city addresses.

Corporate Demand Remains Strong

This acquisition highlights sustained corporate interest in South Mumbai’s luxury housing market. Large companies and high-net-worth individuals continue to invest in prime assets despite high property prices and significant transaction costs.

The deal reinforces confidence in Mumbai’s top-tier residential micro-markets, where demand remains resilient for trophy properties.

Recent Transactions

Mumbai’s luxury real estate market has witnessed a steady surge in high-value transactions, with corporates, industrialists, and high-net-worth individuals acquiring premium homes in prime locations. Despite elevated prices, demand for exclusive addresses in South Mumbai continues to remain resilient.

In a recent transaction, Radha Tanti, angel investor and wife of Suzlon Energy executive vice chairman Girish Tanti, purchased a premium apartment in Worli for Rs 123.5 crore. In another transaction, a US-based Non-Resident Indian (NRI) purchased two sea-facing luxury apartments in Bandra West, Mumbai, for a staggering ₹56 crore.

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Bollywood Actor Ishaan Khattar Buys ₹29.37 Cr Luxury Home in Mumbai’s Pali Hill

Ishaan Khattar Buys ₹29.37 Cr Luxury Apartment in Pali Hill

Mumbai’s luxury housing market has recorded another celebrity transaction. Bollywood actor Ishaan Khattar has purchased a premium apartment in Pali Hill, Bandra, for ₹29.37 crore. Property registration documents accessed by CRE Matrix confirm the deal. The transaction once again underlines Pali Hill’s position as one of Mumbai’s most sought-after luxury residential micro-markets.

Deal Snapshot: Key Details

Ishaan Khattar has acquired a luxury apartment at Navroz Apartments in Bandra’s prime Pali Hill neighbourhood, under the Navroze Premises Co-operative Society. Kapil M Mahtani sold the property, and the transaction was registered on February 5, 2026. The apartment measures 2,989.05 sq ft in carpet area and comes with four parking spaces. As per the documents, Khattar paid ₹1.76 crore as stamp duty for the transaction.

Why Pali Hill Attracts Bollywood Stars

Pali Hill remains one of Mumbai’s most prestigious residential addresses. The neighbourhood continues to attract celebrities, business leaders, and high-net-worth individuals seeking exclusivity and privacy. Luxury apartments in this micro-market command premium pricing, with rates ranging between ₹80,000 and ₹1.30 lakh per sq ft. Limited supply and sustained demand keep values firm across market cycles.

Bandra’s strategic location adds to its appeal for the film fraternity. Pali Hill offers convenient access to major film production hubs in Andheri, Versova, Juhu, and Goregaon Film City. This proximity reduces commute time for actors and production teams and enhances lifestyle convenience. The location advantage continues to make Bandra a preferred residential base for Bollywood professionals.

Pali Hill’s Star-Studded Resident List

For decades, Pali Hill has served as Bollywood’s most recognisable celebrity enclave. Several leading film personalities own homes in the area, reinforcing its premium brand value. Notable residents include Shah Rukh Khan, Aamir Khan, Ranbir Kapoor, Alia Bhatt, Dilip Kumar, Jackie Shroff, and Sanjay Dutt. The concentration of high-profile residents sustains the locality’s aspirational appeal.

Recent Transactions

Mumbai’s luxury housing segment continues to record high-value buying and selling activity. Recent transactions show sustained appetite for prime assets, even as some owners monetise long-held properties. Celebrity deals, in particular, reflect confidence in premium micro-markets and reinforce their pricing power.

In a recent transaction, Bollywood actress Madhuri Dixit Nene and her husband, Dr. Shriram Madhav Nene, sold their luxury apartment in Mumbai’s premium Juhu locality for ₹3.9 crore. In another transaction, popular comedian Bharti Singh has sold her apartment in Mumbai’s Goregaon West for ₹3.75 crore.

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Suzlon Vice Chairman Girish Tanti’s Wife Buys Rs 123.5 Crore Luxury Home in Worli

Radha Tanti Buys Rs 123.5 Crore Luxury Apartment in Worli Mumbai

Mumbai’s ultra-luxury home market continues to experience historic transactions, indicating strong demand at the upper end. Radha Tanti, angel investor and wife of Suzlon Energy executive vice chairman Girish Tanti, has purchased a premium apartment in Worli for Rs 123.5 crore, according to property documents accessed by CRE Matrix. The acquisition demonstrates the area’s popularity among business families and wealthy investors. It further strengthens Worli’s reputation as one of Mumbai’s most desirable premium residential areas.

Property Overview and Transaction Details

The Rs. 123.5 crore transaction includes a premium apartment on the 44th functional floor of Artesia, a super-luxury residential skyscraper near the Doordarshan Centre in Worli. The apartment has an RERA carpet area of roughly 6,772.28 sq ft. It also includes 367.05 sq ft of balcony or open terrace space, making it one of the biggest properties in the development. The seller of the property is K Raheja Corp’s Ravi Raheja and Sumati Raheja. A stamp duty of about Rs 6.18 crore was paid for registration.

Worli’s Growth as a Luxury Residential Hotspot

Worli continues to attract ultra-high-net-worth individuals because of its central location and improved connectivity, aided by infrastructure developments like the Bandra-Worli Sea Link and the coastal road, which improve access to key commercial hubs such as Lower Parel and BKC.

What This Deal Signals for Mumbai Luxury Housing

The luxury housing segment in Mumbai continues to show stable demand trends. Large-format homes in prime locations remain in limited supply. Buyers with strong balance sheets continue to prefer tangible assets. This combination supports steady demand at the top end of the market. Buyers remain selective, but premium homes in strategic locations continue to close high-value deals.

In a recent transaction, a US-based Non-Resident Indian (NRI) purchased two sea-facing luxury apartments in Bandra West, Mumbai, for a staggering ₹56 crore.

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Madhuri Dixit and Dr. Shriram Nene Sell Juhu Apartment for ₹3.9 Crore

Madhuri Dixit Sells Juhu Apartment

Bollywood actress Madhuri Dixit Nene and her husband, Dr. Shriram Madhav Nene, have sold their luxury apartment in Mumbai’s premium Juhu locality for ₹3.9 crore, according to property registration documents accessed by CRE Matrix. The transaction was registered on December 15, 2025, marking another high-profile residential deal in Mumbai’s western suburbs.

The apartment is located at Flat No. 41 on the fourth floor of Iris Park, Deep Varsha Co-operative Housing Society, situated on Military Road in Juhu (400049). Notably, the property has a carpet area of 780.13 sq ft. It is located within one of Mumbai’s most sought-after residential micro-markets, known for its celebrity ownership.

Transaction Details

The total consideration recorded in the sale deed stands at ₹3.90 crore. In addition to the sale value, a security deposit of ₹19.5 lakh formed part of the transaction. The buyer of the apartment is Mrs Darshana Ghatlia. As reflected in the stamp duty calculation sheet within the registered documents, the buyer also availed a 1% stamp duty concession under the Maharashtra government’s women homebuyer benefit scheme.

Nearly 100% Appreciation Since 2012

Madhuri Dixit and Dr. Nene had originally purchased the Juhu apartment in June 2012 for ₹1.96 crore. The latest transaction reflects a capital appreciation of nearly 100% over a period of 13 years. The strong price growth indicates Juhu’s enduring appeal as a premium residential destination, where demand remains resilient despite market cycles.

Juhu continues to command consistent buyer interest due to its strategic location, proximity to the coastline, established social infrastructure, and concentration of celebrity residences. Limited availability of premium homes in the area has supported steady capital appreciation, with celebrity-owned properties often attracting additional valuation premiums.

Recent Transactions

Celebrity real estate transactions in Mumbai remain closely tracked indicators of market strength. As a result, recent high-value deals in established western suburbs stand out. Moreover, they highlight resilient demand. At the same time, limited supply continues to support steady capital appreciation in prime residential pockets.

In a recent transaction, popular comedian Bharti Singh sold her apartment in Mumbai’s Goregaon West for ₹3.75 crore. In another transaction, Preity Zinta sold her premium apartment in Mumbai’s upscale Bandra locality for ₹14.08 crore. 

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Hrithik Roshan’s Parents Lease Commercial Space in Andheri West for ₹14.5 Lakh a Month

Rakesh Roshan and Wife leases to Fabindia

Hrithik Roshan’s parents, filmmaker Rakesh Roshan and Pramila Rakesh Roshan, have leased a commercial property in Mumbai to Fabindia Limited for a monthly rent of ₹14.5 lakh, according to documents accessed by CRE Matrix. The deal reflects steady demand for premium retail spaces in established commercial locations across the city.

The property is located at De Mall on Veera Desai Road in Andheri West, a well-known retail and commercial corridor. It offers a carpet area of 6,389.47 sq ft, with the rent working out to around ₹227 per sq ft. This rate aligns with current market levels for quality retail assets in the area.

Key Lease Terms and Timeline

The lease agreement was registered on December 9, 2025, and includes a security deposit of ₹87 lakh. Fabindia Limited also received access to five car parking slots as part of the deal. The landlord handed over the premises on September 1, 2025.

The lease runs for a period of five years. Fabindia has a lock-in period of 15 months, while Rakesh Roshan and Pramila Rakesh Roshan are committed to a full five-year lock-in. As a result, the structure offers flexibility to the tenant and long-term income visibility to the owners.

Structured Rental Escalation

The agreement clearly outlines rental escalation across the lease term. The monthly rent stands at ₹14.5 lakh in the first year. It rises to ₹15 lakh in the second year and ₹16 lakh in the third year. In the fourth and fifth years, the rent increases further to ₹18.4 lakh per month, reflecting confidence in the long-term potential of Andheri West as a retail destination.

Celebrity Interest in Commercial Real Estate

Commenting on the transaction, Abhishek Kiran Gupta, CEO, CRE Matrix, said the deal highlights the growing interest among celebrities in commercial real estate. He noted that prime retail assets offer stable cash flows, predictable returns, and long-term value appreciation, making them an attractive wealth-building option for high-net-worth individuals.

Recent Transactions

Recent office and commercial space deals involving celebrities show a clear shift towards income-generating real estate assets. Increasingly, high-profile investors are choosing premium retail spaces and Grade A offices to secure steady rental income and long-term capital appreciation.

Earlier this year, Bollywood actor Manoj Bajpayee and his wife, Shabana Bajpayee, leased two commercial properties in Andheri West for a monthly rent of ₹10.9 lakh for a five-year term, highlighting the continued appeal of Mumbai’s western suburbs for commercial investments.

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Brokerage Firm Sharekhan Ltd Sells Office Space in Mumbai’s Dadar for ₹45 Crore

Sharekhan Ltd Sells Office Space in Mumbai’s Dadar

Indian stock broking firm Sharekhan Limited has sold its office space in Mumbai’s Dadar locality for ₹45 crore, according to property registration documents accessed by CRE Matrix. The transaction highlights continued demand for quality commercial assets in prime central Mumbai locations.

The company had originally acquired the office space in November 2010 for a little over ₹31 crore. With the latest transaction, the asset has recorded an appreciation of over 42% in around 15 years. This indicates the long-term value of well-located commercial real estate in the city.

The property has been purchased by DE-Max Fincap Advisors Private Limited, which already operates out of the same building. The transaction reflects an expansion or consolidation move by the buyer, leveraging familiarity with the building and its strategic location.

As per the registration documents, the deal involved a stamp duty payment of ₹3.27 crore. Additionally, it included a registration fee of ₹30,000. Sharekhan sold the office space along with 20 car parking spaces. The parties officially registered the agreement on December 3, 2025.

The office unit has a carpet area of 11,820 sq ft and is located on the 18th floor (South West Wing) of the 20-storey commercial tower ‘The Ruby’. Positioned near Dadar railway station, the building enjoys excellent connectivity and proximity to Mumbai’s key central business corridors. This makes it a highly sought-after address for financial and professional services firms.

Recent Transactions

Recent office space transactions in Mumbai reflect sustained corporate demand for premium, well-connected commercial assets. This demand is driven by consolidation, long-term investment strategies. It also reflects strong confidence in Mumbai’s key business districts despite evolving workplace dynamics.

In a recent transaction, Sporta Technologies Private Limited, Dream11’s Parent Company, secured a 1.70 lakh sq ft office lease in Worli for ₹334 Crore. In another transaction, Amazon renewed its lease for over 94,000 sq ft of office space at Godrej Two in Vikhroli for a five-year term, with a monthly rent of ₹1.73 crore.

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Kwality Wall’s Signs 5-Year, ₹89.5-Lakh Monthly Office Deal in Goregaon

Kwality Wall's leases office space in Goregaon

Kwality Wall’s (India) has finalized a significant commercial real estate agreement for a fully fitted, dedicated workspace on the 13th floor of Oberoi Commerz II, part of Oberoi Garden City in Goregaon East, Mumbai. The deal was signed with Tablespace Technologies Limited, the sub-licensor and workspace operator. The registration was filed on November 27, 2025, as per data analysed by CRE Matrix.

Under the service and occupancy agreement, the ice-cream major will pay a starting monthly rent of ₹89,50,000. The deal also includes a security deposit of ₹2.685 crore. The contract includes a 5% annual escalation, aligning the rental structure with prevailing rates in Mumbai’s Grade-A commercial office markets. The documents also confirm a 60-month tenure with a matching 60-month lock-in. This is an unusually long lock-in period in the city’s leasing landscape.

The leased office is designed to support extensive team operations, offering 180 workstations alongside a full suite of meeting rooms and executive cabins. The layout features four director cabins, a 10-seater dedicated meeting room, two 8-seater boardrooms, two 6-seater meeting rooms, four 4-seater meeting rooms, and six single-person phone booths. Tablespace was supposed to hand over the fully furnished, ready-to-operate premises on December 1, 2025, as specified in the annexures of the agreement.

The agreement lays out comprehensive operational and compliance obligations typical of high-value commercial occupancy contracts. Tablespace, as the operator, is responsible for providing all the listed facilities and services, while Kwality Wall’s is required to use the premises exclusively for business operations. The contract mandates compliance with all government regulations and GST norms and prohibits termination during the 60-month lock-in period.

Registered on November 27, 2025, with the Joint Sub-Registrar, Mumbai, the detailed service agreement outlines all operational, financial, governance, and indemnity clauses, including terms related to maintenance responsibilities and capex recovery.

Recent Transactions

Recent commercial office transactions in Mumbai continue to highlight rising demand for Grade-A workspaces, long lock-in commitments, and premium rentals. From major corporates to fast-growing brands, companies are securing high-value leases across prime business districts. This signals sustained confidence in the city’s office market.

In a recent transaction, Eternal Ltd, formerly known as Zomato, signed a five-year lease for 84,157 sq. ft. of prime office space in Andheri, Mumbai. In another transaction, Amazon renewed its lease for over 94,000 sq ft of office space at Godrej Two in Vikhroli for a five-year term.

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Comedian Bharti Singh Sells Goregaon Flat for ₹3.75 Crore, Earns 41% ROI in Nine Years

Bharti singh sells goregaon flat

Popular comedian Bharti Singh has sold her apartment in Mumbai’s Goregaon West for ₹3.75 crore, securing an impressive return of over 41% in nine years. Singh had originally purchased the flat for ₹2.64 crore back in 2016, according to property registration records accessed by CRE Matrix.

Located on the seventh floor of Kalpataru Regalia, the apartment features a carpet area of 1,186 sq ft. Along with the flat, the sale also included two car parking spaces, adding to the overall value of the transaction.

The property was sold to Dhnya Ramakrishnan on November 10, 2025. The buyer reportedly paid a stamp duty of over ₹22 lakh and a registration fee of ₹30,000.

The transaction highlights the steady appreciation of residential real estate in Goregaon West—a micro-market known for its connectivity, social infrastructure, and proximity to commercial hubs.

Bharti Singh, one of India’s most recognizable comedy personalities, remains a prominent figure in the entertainment industry. Best known for her iconic character Lalli and her rise to fame through The Great Indian Laughter Challenge, Singh has established a successful career spanning stand-up comedy, television hosting, and reality shows. Her sharp wit and charismatic stage presence have made her a beloved household name across the country.

Recent Celebrity Transactions in Mumbai

Mumbai’s luxury real estate market has seen a surge in high-value celebrity deals, with actors and entrepreneurs actively buying and selling premium properties across Bandra, Juhu, Andheri, and Goregaon, reflecting strong demand and consistent appreciation in prime locations.

In a recent transaction, Bollywood actress Preity Zinta sold her premium apartment in Mumbai’s upscale Bandra locality for ₹14.08 crore. In another transaction, Amitabh Bachchan sold two adjoining luxury apartments in Oberoi Garden City, Goregaon East, for ₹12 crore.

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Preity Zinta Sells Bandra Apartment for ₹14.08 Crore

Bollywood actress Preity Zinta has sold her premium apartment in Mumbai’s upscale Bandra locality for ₹14.08 crore, according to property registration documents accessed by CRE Matrix. The actress had originally purchased the same unit for ₹17.01 crore in October 2023 from Keystone Realtors (popularly known as Rustomjee Group), implying a notable price correction within two years.

The apartment, with a carpet area of 1,474 sq ft, is located on the 11th floor of Parishram by Rustomjee, a well-known residential project in the area. Official documents show that Zinta also transferred two car parking spaces to the buyer, Vishal Kalyan Mirchanandi.

The deal was registered on November 21, 2025, with a stamp duty payment of over ₹16.47 lakh and a registration fee of ₹30,000.

According to people familiar with the development, Preity Zinta is now considering a much larger real estate investment, potentially a ₹100-crore property in Bandra, signaling a strategic upgrade in the actress’s Mumbai portfolio.

Recent Transactions

Mumbai’s luxury property market has been buzzing lately, as several celebrities—from actors to athletes—have been buying and selling premium residences across Bandra, Juhu, and South Mumbai.

In a recent transaction, Amitabh Bachchan has sold two adjoining luxury apartments in Oberoi Garden City, Goregaon East, for ₹12 crore. In another transaction, John Abraham rented out his luxurious Bandra apartment for an impressive ₹7.5 lakh per month. 

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Dream11’s Parent Company Secures 1.70 Lakh Sq Ft Office Lease in Worli for ₹334 Crore

Dream 11 parent leases office space in Worli

Sporta Technologies Private Limited, the parent company of India’s leading fantasy gaming platform Dream11, has finalized a major commercial real estate deal in Mumbai’s Worli. The company has leased approximately 1.70 lakh sq ft of office space for over ₹334 crore, according to property registration documents accessed by CRE Matrix.

The leased premises are located in Ascent Worli, a premium commercial development by K Raheja Pvt Ltd. The deal spans multiple office units across the 4th, 6th, 7th, and 8th floors of the building, offering the company a large and contiguous workspace in one of Mumbai’s most sought-after business corridors. Along with the office area, the lease also includes 135 car parking spaces, highlighting the scale and premium nature of the transaction.

The documents show that the lease has been signed for a period of five years, with a lock-in commitment of 36 months. The transaction was registered on November 17, 2025, with the company paying more than ₹94 lakh in stamp duty and ₹1,000 as registration fees. Additionally, a security deposit of over ₹30 crore has been furnished as part of the agreement.

Sporta Technologies will receive possession of the premises for fit-out work on August 4, 2025. The fit-out period extends for nearly six months, after which the lease will commence in February 2026. The starting monthly rent for the first year is ₹5.07 crore, and the agreement includes an annual escalation of 4.75%. Accordingly, the monthly rent will increase to over ₹5.31 crore in the second year, ₹5.57 crore in the third year, ₹5.83 crore in the fourth year, and ₹6.11 crore in the fifth year.

Recent Transactions

Mumbai’s office market continues to see strong traction, with multiple high-value leases and expansions across key business districts. Premium Grade-A spaces, strategic locations, and long-term commitments are driving the momentum in the city’s commercial real estate landscape.

In a transaction earlier this year, Zomato signed a five-year lease for 84,157 sq. ft. of prime office space in Andheri, Mumbai. In another transaction, Amazon renewed its lease for over 94,000 sq ft of office space at Godrej Two in Vikhroli for a five-year term, with a monthly rent of ₹1.73 crore. 

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