Kajol buys office space for 7.64 crore in Mumbai’s Andheri suburb, ET RealEstate

August 29, 2023

Bollywood actor Kajol has purchased an office space spread over nearly 2,100 sq ft in a commercial project in Oshiwara locality of Mumbai’s Andheri suburb for Rs 7.64 crore.

She has bought the office from realty developer Veer Savarkar Projects and has paid stamp duty of Rs 45.84 lakh for the registration of the deal that took place on July 28, showed the documents accessed through Propstack.

Recently, her husband and actor Ajay Devgan also purchased five office properties for Rs 45 crore in the same building in April this year. All these five properties are spread over 13,293 sq ft across two floors of the tower.

Three of these offices are on the 16th floor with a built-up area of 8,404 square feet, while the other two properties spread over 4,893 sq ft are on the 17th floor of the commercial tower Signature.

As part of the agreement, along with the office on the 8th floor of the project, Kajol will also get exclusive access to three designated car parking slots.

ET’s email query to Veer Savarkar Projects and Kajol remained unanswered until the time of going to press.

The project with 28 upper floors and 4 basements is currently under construction and is scheduled to be delivered in June 2025, according to registration details available on the portal of Maharashtra Real Estate Regulatory Authority.

Real estate has remained one of the most preferred investments for high networth individuals. Bollywood personalities have also been picking up properties not only for self-use but also as an investment.

Several Bollywood actors, producers and directors including Amitabh Bachchan, Shahrukh Khan, Shilpa Shetty, Akshay Kumar, Abhishek Bachchan, and Aishwarya Rai have invested in properties. Many deals of high-end luxury properties of Ranveer Singh, Hrithik Roshan, Rani Mukherjee, Alia Bhat, Disha Patani, and Janhvi Kapoor have been reported in the last few quarters.

  • Published On Aug 29, 2023 at 06:00 PM IST

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