Deepika Padukone Splurges ₹17.8 Crore on Dream Apartment!
Spanning approximately 1,846 square feet, the new apartment offers ample space and comes with a designated parking spot.
Deepika Padukone and Ranveer Singh have recently been blessed with a baby girl, marking a joyous new chapter in their lives. The couple welcomed their first child on September 8, 2024, at Mumbai's HN Reliance Hospital.
Deepika Padukone's company, KA Enterprises LLP, has made headlines with its recent acquisition of a luxurious apartment in Mumbai's upscale Bandra locality for an impressive ₹17.8 crore. This strategic investment not only enhances Deepika's portfolio but also reflects the growing trend among Bollywood celebrities to invest in high-value real estate. The apartment is located in the Sagar Resham Co-operative Housing Society, a prestigious complex known for its premium amenities and prime location near the iconic Bandstand.
Spanning approximately 1,846 square feet, the new apartment offers ample space and comes with a designated parking spot. The deal incurred additional costs, including a stamp duty of around ₹1.07 crore and registration fees of ₹30,000, which are typical for high-value transactions in Mumbai’s competitive real estate market. This purchase underscores the increasing interest of high-profile individuals in securing prime properties in Bandra, a neighborhood favored by many celebrities due to its vibrant culture and proximity to key landmarks.
Interestingly, this acquisition coincides with another significant real estate transaction within the Padukone-Singh family. Deepika's mother-in-law, Anju Bhavnani, also purchased an adjacent apartment for ₹19.13 crore on the same day. This property spans 1,822.45 square feet and includes similar amenities, further solidifying the family's presence in this elite locality. The interconnected nature of these transactions highlights the Padukone-Singh family's strategic approach to real estate investments.
As Deepika Padukone continues to expand her real estate assets, this latest purchase is part of a broader trend among Bollywood stars who view real estate as both a luxury and a sound investment. With property values in Mumbai soaring, particularly in sought-after areas like Bandra, these investments not only provide lavish living spaces but also promise substantial returns over time. As the couple navigates their growing portfolio, they join a list of notable figures who have recently made significant property purchases in this vibrant city.